Cosmetic Dentistry Market size, share & Forecast

 

healthcare

The Cosmetic Dentistry Market was valued around USD 6,900 million in 2020 and is expected to grow at a CAGR of 5%, over the forecast period (2021-2028).

The factors driving growth of the Cosmetic Dentistry Market includes increasing geriatric population around the world, growing acceptance amongst consumers for aesthetic treatments, rising prevalence of dental disorders such as tooth decay, gum diseases and dental cavity, expansion of dental tourism across developing countries and improvements in the living standards. According to the report published by World Health Organization (WHO), the global average prevalence of complete tooth loss amongst people aged 20 years and older was estimated around 7%, whereas global prevalence for people aged 60 years and older, was calculated around 23%, which will boost market growth in coming years. Moreover, technological advancements in Computer Aided Computer Aided Manufacturing Systems, growing awareness about maintaining oral hygiene, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Cosmetic Dentistry Market size. In addition, the increasing investments by major companies on research and development, strategic mergers and collaborations between enterprises and growing disposable incomes, are further contributing towards the market growth.

However, growth of the Cosmetic Dentistry Market is hindered due to complications linked with dental bridges and orthodontic treatments.

The major players operating in the Cosmetic Dentistry Market are Biolase Inc., Planmeca, Bicon LLC, Dentsply Sirona, Smile Brands, 3M, Temrex Corp., Align Technology, Sirona Dental Systems, and Coast Dental, among others.

Based on Product, the Dental System & Equipment emerged as the fastest growing segment during the forecast period

Increasing use of dental systems and equipment for identifying, selecting, and procuring appropriate procedure for cosmetic dentistry, which is pushing the segment’s growth.

Based on End-User, the Dental Clinics segment is projected to capture the largest market share over the forecast period

Rise in the number of private clinics, and expansion of dental tourism industry, are propelling growth of the segment.

Based on Region, the Asia-Pacific region is expected to expand at a spectacular CAGR during the forecast period

Increasing prevalence of tooth related diseases across India, Japan, and China, growing adoption of advanced technologies by major companies, rapid urbanization, rising per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.

Key Developments

  • In 2021, Dentsply Sirona launched restage implant business, including three signature workflows to provide dental professionalism, i.e., Single-tooth signature workflow, partial multiple tooth replacement signature workflows, and Full arch signature workflow. It will provide a new way of implantology with efficiency, accuracy, esthetics, longevity, and simplicity.
  • In 2020, Smile Brands acquired Midwest Dental with more than 230 offices situated in the upper Midwest and New England regions. The acquisition with Midwest Dental will increase Smile Brands’ footprint by 50%, delivering best-in-class support to dental practices.

 

 

 

Market Segmentation

Segmentation by Product

  • Dental Implant
  • Dental Bridge & Crown
  • Orthodontic Braces
  • Denture
  • Dental System & Equipment
  • Others

Segmentation by End-User

  • Hospitals
  • Dental Clinics
  • Dental Laboratories
  • Others

Segmentation by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

 

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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Company Name: GMI RESEARCH
Contact Person: Sarah Nash
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Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
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Website: www.gmiresearch.com

 

 

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