Burlingame, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The global Dental Service Market Size to Grow from USD 460.1 Billion in 2024 to USD 640.2 Billion by 2031, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period, as highlighted in a new report published by Coherent Market Insights. In recent years, people have become more conscious about their oral health and its link to overall health. Experts have found that conditions like diabetes, heart disease and stroke are associated with poor oral health. This has raised awareness about regular dental checkups and cleanings. Additionally, better education about oral healthcare and various community dental programs have encouraged people to seek professional dental care services. As a result of rising awareness, there is higher demand for both basic restorative procedures like fillings as well as advanced cosmetic and implant dentistry services.
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Market Dynamics:
The dental service market is witnessing significant growth owing to the rising prevalence of dental issues such as tooth decay, gum diseases, and other mouth problems. As per the data by the World Health Organization (WHO), oral diseases affect nearly 3.5 billion people globally. Growing prevalence of periodontal diseases leading to tooth loss and edentulism is fueling the demand for dental services worldwide. Furthermore, increasing awareness about oral health and availability of advanced dental treatments are also boosting the market growth.
Dental Service Market Report Coverage
| Report Coverage | Details |
| Market Revenue in 2024 | $460.1 billion |
| Estimated Value by 2031 | $640.2 billion |
| Growth Rate | Poised to grow at a CAGR of 4.8% |
| Historical Data | 2019–2023 |
| Forecast Period | 2024–2031 |
| Forecast Units | Value (USD Million/Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Service, By End User |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of World |
| Growth Drivers | • Increasing prevalence of dental diseases • Adoption of emerging technologies |
| Restraints & Challenges | • High cost of dental services • Shortage of dental professionals |
Market Trends:
Development of new technologies:- Technological advancements such as guided bone and tissue regeneration, dental implants, CAD/CAM dentistry, laser dentistry etc. are increasingly being adopted by dental professionals. These technologies help to perform restorative procedures quickly and safely which is fueling their increasing adoption. Cosmetic dental procedures such as teeth whitening, veneers, crowns etc. are gaining prominence globally. Changing consumer lifestyles and increased emphasis on physical appearance have increased the demand for cosmetic dentistry over the past few years.
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Market Opportunities:
Dental implants have seen rising demand globally owing to increasing awareness about oral healthcare and aesthetic dental treatments. Dental implants act as artificial tooth roots that are surgically placed into the jaw to hold a replacement tooth or bridge in place. They provide a sturdy foundation for replacing missing teeth and help preserve surrounding teeth and jawbone structure. The dental implants segment is expected to grow at a CAGR of 5.2% during the forecast period driven by the rising prevalence of tooth loss among aging population and increased availability of advanced dental implant procedures.
The orthodontics segment deals with straightening incorrectly positioned teeth and correcting bite problems. It involves treatments such as braces, retainers, and Invisalign. Growing concerns about dental aesthetic among consumers along with increasing disposable incomes are fueling the adoption of orthodontic treatments worldwide. Moreover, technological advancements in clear aligners and lingual braces are making orthodontic treatments discreet and more appealing to adopt. The global orthodontics market size is projected to reach USD 12.7 Bn by 2031, witnessing a CAGR of 5%.
Key Market Takeaways:
The global dental service market is anticipated to witness a CAGR of 4.8% during the forecast period 2024-2031, owing to the increasing prevalence of dental diseases, rising healthcare expenditure, and growing medical tourism in emerging nations.
On the basis of type, the dental implants segment is expected to hold a dominant position, accounting for over 30% market share by 2031 due to the high success rate of implants and their ability to offer long-term solutions fortooth replacement.
By end-use, dental clinics are projected to remain the highest revenue generating segment during the forecast period. This is attributed to the increased accessibility to treatments and the fact that most basic dental procedures are performed at clinics.
On the basis of region, North America is expected to hold a dominant position over the forecast period owing to high treatment costs, rising healthcare infrastructure, and availability of advanced treatment options in countries like the US and Canada.
Key players operating in the dental service market include Aspen Dental Management Inc., InterDent, Inc., National Health Service England. These players are focusing on new product launches and geographical expansion to strengthen their market presence.
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Recent Developments:
In January 2023, at the 41st Annual J.P. Morgan Healthcare Conference, Dentsply Sirona gave a presentation. The company provided an update on its planned financial performance during the conference. Net sales are predicted to exceed the upper end of its previous projection range of USD 3.85 billion to USD 3.88 billion.
In July 2020, Osteogenics Biomedical Inc., a business engaged in the creation of cutting-edge regenerative treatments for doctors working in implant dentistry, was purchased by Envista Holdings Corporation (Danaher).
Detailed Segmentation-
By Service:
- Dental Implants
- Orthodontics
- Periodontics
- Endodontics
- Cosmetic Dentistry
- Laser Dentistry
- Dentures
- Oral & Maxillofacial Surgery
- Others
By End User:
- Hospitals
- Dental Clinics
By Region:
North America:
- U.S.
- Canada
Latin America:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Europe:
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
Asia Pacific:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Middle East:
- GCC Countries
- Israel
- Rest of Middle East
Africa:
- South Africa
- North Africa
- Central Africa
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Dental Autoclave Market: Global dental autoclave market is estimated to be valued at USD 306.1 Mn in 2024 and is expected to reach USD 389.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
Dental Turbine Market: The global dental turbine market is estimated to be valued at US$ 115.9 million in 2023 and is expected to exhibit a CAGR of 13.9% during the forecast period (2023-2030).
Global Dental Veneers Market: The global dental veneers market was valued US$ 2.36 Bn in 2023 and is expected to reach US$ 3.88 Bn by 2031 growing at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Author Bio:
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About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
