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.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

 

 

Location: 9XQ5+JH Gentry, TX, USA

Comments

Post a Comment

Popular posts from this blog

Seizing the Europe Smart Home Market Opportunity

Image
 The Europe smart home market presents a vast and promising opportunity for businesses and consumers alike. With advancements in technology, changing lifestyles, and increasing awareness about energy efficiency, the smart home industry in Europe is ripe with potential for growth and innovation. The opportunity in the Europe smart home market stems from several key factors. Firstly, the region boasts a large and affluent consumer base that is increasingly embracing connected technology to enhance their lifestyles. From smart thermostats and lighting systems to security cameras and voice-controlled assistants, the demand for smart home devices is on the rise across the continent. Moreover, supportive regulatory initiatives and incentives aimed at promoting energy efficiency and sustainability are creating a conducive environment for the adoption of smart home technology in Europe. Tax incentives, rebates, and subsidies for energy-efficient home upgrades are encouraging homeowners to inv
Read more

Unlocking Opportunities: GCC Medical Packaging Market Growth in 2024

Image
The GCC medical packaging market is poised for substantial growth in 2024, driven by factors such as technological advancements, increasing healthcare spending, and a focus on patient safety. The region's growing population, coupled with rising demand for quality healthcare services, is fueling the expansion of the medical packaging sector. Let's explore the key drivers and opportunities contributing to the growth of the GCC medical packaging market this year. One of the primary drivers of market growth is the continuous innovation in medical packaging technologies. Companies are investing in advanced packaging materials, designs, and functionalities to meet the evolving needs of healthcare providers and patients. Smart packaging solutions equipped with sensors, RFID tags, and tracking capabilities are enhancing product safety, supply chain visibility, and real-time monitoring. This technological progress is driving the adoption of intelligent packaging solutions and fueling m
Read more

Riding the Wave: India Wireless Earphone Market Surges Amidst Growing Demand

Image
 The India Wireless Earphone Market is witnessing remarkable growth, buoyed by an increasing demand for wireless audio solutions and a shift towards a wireless lifestyle. With consumers seeking convenience, mobility, and superior audio quality, wireless earphones have emerged as a must-have accessory in today's digital age, driving significant market expansion. One of the key drivers of growth in the India Wireless Earphone Market is the rising penetration of smartphones and smart devices. With smartphone ownership becoming ubiquitous across urban and rural areas, there is a growing need for wireless earphones that complement these devices seamlessly. As consumers look for hassle-free connectivity and on-the-go audio solutions, the demand for wireless earphones continues to surge, fueling market growth. Moreover, technological advancements in wireless audio technology are driving market expansion. Innovations such as true wireless earbuds, active noise cancellation, and advanced B
Read more