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The global dental services market size was valued at USD 393.42 billion in 2023. The market is projected to grow from USD 415.10 billion in 2024 to USD 863.71 billion by 2032, exhibiting a CAGR of 9.6% during the forecast period.
Dental services mainly focus on maintaining dental hygiene, ensuring healthy teeth and mouth among the patient population. These services include diagnosis, prevention, and treatment of various dental disorders such as cracked teeth and hyperdontia. The growing prevalence of dental disorders such as dental caries, tooth erosion, and gum infections, among others, is resulting in growing demand for these services globally.
The growing awareness of technological advancements in these services, such as the introduction of laser dentistry intraoral cameras, among others, are some of the additional factors contributing to the global dental services market size.
The COVID-19 pandemic had a negative impact on market, lowering the demand for these services due to restrictions imposed on the movement during the pandemic. Additionally, supply chain disruption for dental instruments and products, including dental implants, consumables, accessories, among others, also impacted these services during the pandemic.
Growing Adoption of Cosmetic Dental Procedures
The rising demand for these services among the patient population is driving advancements in dental technology. As focus on appearance has become increasingly popular among individuals, dental aesthetics has emerged as a prominent factor for the achievement of a satisfactory look.
Moreover, there is an increasing demand for smile makeover procedures such as dental veneers, composite bonding, and tooth whitening, among others. Smile makeovers are generally performed for many reasons and can be customized according to the patient's needs.
Although cosmetic treatments are usually elective, they provide restorative benefits, including functional teeth and improved oral health, among others. Procedures such as inlays and onlays support other teeth, restore shape, and also avoid any further decay or deterioration among the patient population.
The aforementioned benefits associated with cosmetic dentistry have caused the shift toward these procedures among patients.
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Increasing Prevalence of Dental Disorders Among the Population to Boost Market Growth
The growing prevalence of dental disorders such as misaligned teeth, tooth decay, impacted tooth, and others are resulting in rising demand for these services among patients. This, along with rising awareness about oral health, is also expected to support the growing adoption of these services globally.
Additionally, increasing urbanization, changes in living conditions, and consumption of food and beverages high in sugar, among others, are some of the other factors contributing to the growing prevalence of dental disorders. Therefore, increasing prevalence of these conditions, along with growing awareness about the benefits of various dental procedures, is likely to support the growing adoption of these services and further the global dental services market growth.
High Cost of Dental Procedures to Hamper Market Growth
Despite the advantages of these dental procedures, one of the major limitations is the high cost associated with dental procedures, limiting the adoption of these services among patients. Installation of dental equipment requires high capital and incurs various associated costs, resulting in growing service fees for patients.
Higher cost of dental instruments, coupled with the cost associated with maintenance and replacement, such as dental chairs and others, is one of the major factors resulting in the surging service fees charged by dentists. The higher cost of these dental procedures further hinders the adoption of these services among patients in the market. According to the 2020 data published by the Centers for Disease Control and Prevention (CDC), it was reported that more than 1 in 4 adults have untreated tooth decay in the U.S.
Thus, the high cost and limited reimbursement policies for these services are further increasing the financial burden among the patient population, thereby hampering the adoption and further growth of the market.
Dentistry Segment Dominated the Market due to Increasing Number of General Dentistry Procedures
Based on specialty, the market is segmented into general dentistry, oral & maxillofacial surgery, endodontics, orthodontics, and others.
The general dentistry segment dominated the market in 2023, owing to factors, including a growing focus on oral care procedures such as teeth whitening, dental fillings and tooth bridges enhancing oral health among patients. This, along with the rising demand for routine dental checkups for the early detection and prevention of dental issues, among others, are some of the additional factors supporting the growth of the segment in the market globally.
On the other hand, the orthodontics segment is also expected to grow during the forecast period. The growth is due to the growing prevalence of misaligned, crooked teeth, among others, resulting in the increasing adoption of orthodontics services among the patient population.
The oral & maxillofacial surgery segment is also expected to grow during the forecast period. The growth is owing to a growing demand for reconstructive procedures for the oral cavity, supporting the increasing adoption of these procedures among patients in the market.
The endodontics, and others segment is also expected to grow during the forecast period. The growth is due to the increasing number of dentists offering these services for these procedures, resulting in the growth of the segment in the market.
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Out-of-Pocket/Others Segment Led the Market due to Growing Adoption of Dental Services
Based on financing source, the market is segmented into private health insurance, public health insurance, and out-of-pocket/others.
The out-of-pocket/others segment dominated the market in 2023, driven by limited reimbursement policies for specific cosmetic dental procedures, including teeth whitening, among others, which often fall under insurance criteria.
On the other hand, the public health insurance segment is also expected to grow during the forecast period. The growth of the segment is due to the growing focus of governmental organizations on offering adequate reimbursement coverage for these services among patients. This results in the increasing adoption of these services and further driving the growth of the segment in the market.
Additionally, the private health insurance segment is also expected to grow during the forecast period. The growth is due to the increasing focus of private health insurance in widening their reimbursement coverage for these services, further resulting in growing demand for these services, and thereby supporting the growth of the segment.
Solo Practices Segment Held the Largest Share owing to Increasing Number of Solo Practitioners
By practice type, the market is segmented into solo practices, DSO/group practices, and others.
The solo practices segment accounted for the largest market share in 2023. One of the critical factors helping this segment dominate is the increasing number of solo practitioners offering these services among patients. The growing number of solo practitioners is further resulting in the rising adoption of these services in these settings, thereby favoring the growth of the segment.
On the other hand, the DSO/group practices segment is anticipated to grow at a considerable growth rate during the forecast period. Factors such as the growing preference of young professionals for the DSO/group practices model to reduce the burden related to lab facilities and administration, strategic acquisitions, and mergers, among others, are supporting the growth of the segment in the market.
Based on geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia Pacific Dental Services Market Size, 2023 (USD Billion)
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Asia Pacific was valued at USD 91.84 billion in 2023 and dominated the market. The dominance is due to the increasing adoption of advanced technology, including 3D printing laser technology, among others, for these services, resulting in growing demand for these services among patients. Additionally, rising awareness regarding the benefits of these services is likely to support the growth of the segment in the market.
Asia Pacific is expected to grow at a considerable growth rate during the forecast period. The growth is due to increasing dental tourism, resulting in rising demand for dental procedures such as root canal, veneers, implants, and others among patients. This, along with the growing adoption of these procedures, is likely to support the growth of the market in the region.
Europe is expected to grow during the forecast period. Some of the factors contributing to the region’s growth include the increasing adoption of these services, growing healthcare expenditure & infrastructure, and rising expansion of these services across various settings. Such factors, coupled with a significant patient population awareness about the benefits of these procedures, among others, are likely to contribute to the region’s dominance in the global market.
Latin America and the Middle East & Africa are also expected to grow during the forecast period due to the increasing development of healthcare infrastructure, resulting in the growing number of solo practices and DSO/group practices. This, along with a rising focus on providing adequate reimbursement coverage among government organizations and private health insurers for these services, is supporting the market growth.
Robust Focus of the Key Providers to Strengthen their Service Portfolio to Favor the Market Growth
The global market is highly fragmented, with a few prominent players operating in the market with a wide service portfolio.
Pacific Smiles Group and Heartland Dental are some of the prominent players in the market, offering a wide array of services among patients. Increasing the offering of services with innovative technology coupled with strategic initiatives such as expansion of their service offerings is likely to support the growth of these players in the dental services market.
Additionally, Aspen Dental Management, Inc., and Smile Brands Inc., are also expected to grow in the market. Increasing focus on collaborations and partnerships within the dental clinics while incorporating new technologies to enhance these services are some of the major factors supporting the global dental services market share.
On the other hand, ProHealth Dental and Dental365 are a few other players operating in the global market. These players are concentrating on expanding their geographical presence in emerging countries and diversifying their service portfolio to drive growth.
An Infographic Representation of Dental Services Market
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The global market research report provides a detailed market analysis. It focuses on key aspects, such as market size & market forecast, market segmentation based on specialty, financing source, practice type, and competitive landscape. It also gives an overview of technological developments, region-wise installed base imaging systems for 2023, and distributor analysis for significant companies.
Besides, the report offers insights into the latest market trends, market statistics, and key industry developments. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the market's growth in recent years.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 9.6% from 2024-2032 |
Unit | Value (USD billion) |
Segmentation | By Specialty
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By Financing Source
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By Practice Type
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By Region
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Fortune Business Insights says that the global market was valued at USD 393.42 billion in 2023 and is projected to reach USD 863.71 billion by 2032.
In 2023, the Asia Pacific market value stood at USD 91.84 billion.
The market will exhibit a steady 9.6% CAGR during the forecast period of 2024-2032.
The general dentistry segment led the market in 2023.
The key driving factors of the market include the rising prevalence of dental diseases, increasing demand for dental procedures, favorable health reimbursement policies, and the launch of technologically advanced products.
Pacific Smiles Group, Dental365, and Heartland Dental, are the leading players in the global market.
Asia Pacific dominated the market in 2023.
Increasing prevalence of dental disorders and the launch of technologically advanced products addressing critical unmet needs in the market are some of the factors driving the service’s adoption.
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