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I AgreeAnalysis of Dental Services market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global sales of dental services in 2021 was held at US$ 326.3 Biilion. With 6.6%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. Dental Implants is expected to be the highest revenue generating service, accounting for an absolute dollar opportunity of nearly US$ 65.3 Billion during 2022 – 2032.
Report Attributes |
Details |
Forecast Period |
2022-2032 |
Historical Data Available for |
2017-2021 |
Market Size (2021) |
US$ 326.3 Billion |
Forecasted Market Value (2032) |
US$ 65.3 Billion |
Global Market Growth Rate (2022to 2032) |
6.6% CAGR |
Key Market Segments Covered |
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Key Companies Profiled |
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As per the dental services industry research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, market value of the dental services industry increased at around 5.6% CAGR, wherein, countries such as the U.S., UK, China, South Korea and Japan held significant share in the global market.
The constant surge in consumer's awareness towards dental care has been propelling the demand for dental services market. Owing to this, dental services market is projected to grow at a CAGR of 6.6% over the coming 10 years.
The global Cosmetic Dentistry market registered a revenue of nearly US$ 34 Bn in 2021 and it is expected to expand in future at a high rate of around 5%. Growing awareness among people and with an increase in the number of people opting for dental aesthetics improvement, the industry has seen growth at a massive scale. Cognizance among people for techniques and procedures related to dental implants has caused the industry to grow in leaps and bounds.
Developing countries due to their high population and the high disposable income have become significantly potential markets for cosmetic dentistry. The adult population, in general, due to their commonly occurring tooth ailments have created a huge market for dental implants, veneers and so on. Dental tourism is one of the prime factors contributing to the growth of cosmetic dentistry. It primarily includes, teeth whitening, changes in dental structure through veneers, and procedures like malocclusion.
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With nearly 7% projected growth rate, dental services revenue is expected to grow at fastest pace in Asia Pacific, during 2022 - 2033. Some of the key companies having manufacturing units in China have started to relocate their business units to South and South East Asian countries such as Vietnam, Thailand, India, and Indonesia.
This is because of the developing wide variety of clinics, growing dental tourism, surge in R&D in manufacturing, and uplift in awareness about oral care. The majority of the dental practices in Asia Pacific are private. The healthcare infrastructure in Asia Pacific is increasing with superior generation and equipment. Various groups and governments of countries, which includes China and India, are introducing tasks to unfold attention concerning dental care.
North America, specially, the US is known to be the dental services hub of the world; as healthcare is one of the most important component of the country’s GDP. Owing to its well-established Health infrastructure and continuous research and development in the medical field, several global companies choose it as their headquarters. For instance, top companies including Straumann, Envista, Dentsply Sirona, BioHorizons, Zimmer Biomet, Osstem Implant, ACE Surgical, MegaGen and Bicon are all US based companies.
Market in the U.S. reported dental services revenue of nearly US$ 125 Bn during 2021 and growing at a CAGR of 5.7% during the last five years. This is owing to the preventive approach that Americans follow towards oral care and hygiene. Besides, large number of independent clinics and significant research and development activities combined with high disposable income has created a demand surge in the country. The government has also been providing funding to the domestic healthcare infrastructure which will boost demand and increase growth prospects in the future.
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Dental implants held the largest revenue share of nearly 18% in 2021, and it is expected to grow at the highest CAGR of 7.3% in the next ten years among all other services. Dental implants restoration is essentially an advanced oral procedure and it provides the patients benefits of both functionality and aesthetics for tooth replacement.
Around 70% of all adults between the age of 35-44 years have lost at least one tooth from their dental structure says the American Association of Oral and Maxillofacial Surgeons (AAOMS). Hence the demand for dental implants has been rising significantly over the past few years.
The continuous research and development in the field of dental implants to improve and create better products has also facilitated the growth of the market and will continue in the future. The scientists are continuously working to create better designs using better materials in a cost effective manner.
Dental Clinics segment held a significant market share in their segment of over 65% and it is likely to grow at a CAGR of around 6.2% from 2022-2032. Over 80% of the dental clinics are run by private owners, according to research.
Most of the people prefer dental clinics over hospitals because there is an availability of specialists who may tend to needs of different people differently and individually. There is a rise in number of dental clinics around the world owing to the cost efficiency, individual attention and due to the continuous upgradation in technology.
The impact of COVID-19 on the dental services industry was less pronounced than on many other industries. Despite heavy blows to a great deal of industries, the dental services industry continued to grow nicely, at an average rate of 5.6% over the course of 2019.
According to dental experts, the reason for the growth of the industry during the pandemic might be related to patients' greater focus on oral hygiene. There has also been a growing consciousness among people regarding their appearance therefore even though the industry saw some lows at some point of time or the other, it quickly recovered from such shocks.
According to the market research analysis, partnerships and expansion have been the prominent development in dental services market in recent years. 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 are the prominent providers of dental services.
Some of the recent developments of key dental services providers are as follows:
Similarly, recent developments related to companies offering dental services have been tracked by the team at Fact.MR, which are available in the full report.
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The global dental services market is worth more than US$ 326.3 Billion at present.
Value of dental services are projected to increase at a CAGR of around 6.6% during 2022 – 2032.
Value of dental services increased at a CAGR of around 5.6% during 2017 – 2021.
One of the key trends in dental services market includes that their providers are involved excessively in various marketing campaigns to create awareness and develop interests of customers in maintaining good oral health through online campaigns and educa
Dental services revenue is being driven primarily by the growing consumer expenditure on oral health.
Top 5 countries driving demand for dental services are the UK, U.S., China, Japan, and South Korea.
North America accounted for over 45% of global dental services demand in 2021.
The European market for dental services is projected to expand at a CAGR of around 6.6% during 2022 – 2032.
While the market in South Korea is expected to grow at nearly 6.4%, the market in Japan is projected to register a CAGR of nearly 7.8% during 2022 - 2032.