Dental Services Market Size Expands Steadily at a CAGR of 4.80% to Cross USD 658.09 Billion by 2032
Research Reports
Oct 10, 2023
Dental Services Market Research Report: Information By Type (Dental Implants, Orthodontics, Periodontics, Endodontics, Cosmetic Dentistry, Laser Dentistry, Dentures, Oral & Maxillofacial Surgery and Others), By End-Use (Hospitals and Dental Clinics) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
The dental services market size is projected to grow from USD 452.21 Billion in 2023 to USD 658.09 Billion by 2032, exhibiting a CAGR of 4.80% during the forecast period (2023 – 2032).
The rising prevalence of oral diseases is the main factor propelling the Dental Services Market forward. Because of the prevalence of serious oral health problems such periodontal disease, tooth decay, and malocclusion, the need for a wide range of prostheses, implants, and intraoral scanners is on the rise. Market players are also developing a variety of cutting-edge goods for dental hygienists and dental assistants to use in the diagnosis and treatment of diseases, which is expected to further increase sales in the dental services industry.
As digital technologies, such as machine learning (ML) and artificial intelligence (AI), continue to advance, the dental services industry has become more receptive to innovative products. The use of robotics engineering to these methods is another recent industry development. Minimally invasive, robotic-assisted surgery will soon replace traditional open surgery as the gold standard in implantology. The rising focus of market participants on research and development of new products and the emergence of new technologies are expected to drive the dental services market to expand at a faster rate than expected over the forecast period.
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One of the lucrative aspects in the dental services market is the rise of invisible orthodontics. Reduced discomfort to the cheeks and gums, easy removal, fewer dental appointments, and the ability to tailor the braces to the patient’s needs are just a few of the many benefits of invisible braces. As a result of these benefits, invisible orthodontic procedures have become increasingly popular for correcting malocclusions. Rapid adoption of invisible orthodontics has raised demand for clear aligners and provided new opportunities for the orthodontics business. Consequently, fueling the growth of the dental services industry.
Competitive Analysis
The major players of the market are Aspen Dental Management Inc.; InterDent, Inc.; National Health Service England; The British United Provident Association Limited; Apollo White Dental; Abano Healthcare Group Limited; Coast Dental; Dental Service Group; Axis Dental; Integrated Dental Holdings; Pacific Dental Service; and Gentle Dental of New England
Market Segmentation
The Dental Services Market segmentation, based on type includes Dental Implants, Orthodontics, Periodontics, Endodontics, Cosmetic Dentistry, Laser Dentistry, Dentures, Oral & Maxillofacial Surgery and Others.
The Dental Services Market segmentation, based on end-use, includes Hospitals and Dental Clinics.
Regional Analysis
Several factors, including the growing popularity of preventative dental care and hygiene, the availability of stand-alone dental clinics, the expansion of dental R&D initiatives, and rising disposable income in North America, position this region to dominate the dental services industry. Growth in the market is likely impacted by the increase in funding for dental health initiatives at the national level.
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The dental services market in Europe is the world’s second-largest. The increasing prevalence of dental caries, rising disposable incomes, and heightened awareness of the importance of oral health have all contributed to the growth of the European dental services industry.
From 2023 to 2032, the Asia-Pacific region’s dental services market is anticipated to expand at the highest compound annual growth rate (CAGR) because to the region’s rising number of dental clinics, dental tourism, industrial R&D, and general awareness of the importance of oral health. Private dental clinics are the norm in the Asia–Pacific area. The healthcare system in the Asia Pacific area is expanding, thanks in part to the introduction of innovative new instruments and technologies.
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