Cosmetic Dentistry Market Demand, Growth Opportunities, Future Trends, Key Players, and Forecast to 2030
Market Overview
The Cosmetic Dentistry Market Size was valued at USD 3.1
billion in 2021 and is projected to grow from USD 3.46 Billion in 2022 to USD
6.68 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.60%
during the forecast period (2022 - 2030).
Market
Research Future (MRFR) anticipates lucrative prospects for the Cosmetic Dentistry Market 2022, as it is all set to attain a
decent growth rate of 13.50 % from 2022 to 2030 (analysis period). We will
provide COVID-19 impact analysis with the report, offering an in-depth review
following the coronavirus disease outbreak.
Leading Competitors
Leading
competitors listed in the MRFR Cosmetic Dentistry Market Players study are Bicon, Danaher
Corporation, Cortex Dental Implants, Institut Straumann AG, A-dec Inc.,
BioHorizons, 3M Company, Align Technology, Inc., Denxy Technology Co., Limited,
Biolase, Inc., Dentsply International Inc., BioHorizons IPH Inc., Sirona Dental
Systems Inc., Q & M Dental Group,
Remedent NV, Planmeca Oy, Zimmer Biomet Holding, Inc., to list a few.
Top Drivers and Deterrents
The
COVID-19 outbreak has been particularly brutal for the healthcare industry
worldwide, with numerous dental events having been postponed since the
pandemic. For instance, KRAKDENT 2020, which is Poland’s biggest dental show
that attracts more than 15,000 visitors from around the world, had to be
rescheduled due to the lockdown. A number of dentists refuse to open their
clinics, instead opting for telehealth, phone consultations and
prescribing antibiotics. Dentists are reluctant to offer physical therapy as it
heightens the transmission risk of SARS-CoV-2. This is understandable since
dentists are at a high risk of contracting nosocomial infections and can be
potential carriers of the novel coronavirus.
Although
effective disinfectants are being extensively used and a single PPE kit has
been made mandatory for every patient visit, cosmetic dentists are still not in
favor of conducting business. This has led to a sharp decline in dental care
and people that are interested in cosmetic dentistry are left with no options.
On a brighter note, tooth-whitening procedures have been gaining popularity at
a significant rate, with veneers, non-metallic onlays and inlays, bonding
agents and dental crowns emerging as the most preferred cosmetic devices.
Governments and firms are also undertaking various initiatives in this regard,
in order to boost awareness about the latest dental consumables and equipment.
MRFR has
considered a few other growth boosters in the global market, including the
rising focus on aesthetics as well as appearance among people across the globe.
Smile restoration along with enhancements in appearance has become quite
important in today’s world, with the baby boomer populace emerging as a
significant consumer segment in the cosmetic dentistry industry. Further,
numerous healthcare systems and companies are launching new software, products
and services that cater to an increasing number of patients interested in
cosmetic dentistry, which could translate to more business worldwide.
To cite an instance,
in September 2020, Bloom Dental Group launched a new porcelain composite dental
veneers service to cater to patients with stained, broken and chipped teeth.
The main aim of the service is to help people re-achieve their confidence in
their appearance.
Segmental Analysis
The
cosmetic dentistry market has been considered for product type and end-user.
·
The key product types mentioned in the report are dental implants, dental systems and equipment,
dental veneers, dental bridges, orthodontic braces, dental crowns, bonding
agents and inlays and onlays.
·
The end-user
caters to hospitals as well as dental clinics.
Regional Study
The
regional study of the global market covers Asia Pacific/APAC, the Americas, MEA
or Middle East and Africa as well as Europe.
The
Americas, along with Europe, remains the biggest market for cosmetic dentistry,
as the patient compliance in both the region has increased exponentially in
light of the increased demand for minimally invasive procedures. Dental lasers
are also increasingly used in various surgical procedures such as teeth
whitening, gum lifting and more to reduce blood loss and patient discomfort.
Rising importance of aesthetics, expansion of the aging population, willingness
to spend heavily on surgeries and other treatments coupled with the mounting
awareness with regard to oral hygiene are some other reasons for the impressive
market growth in Europe and the Americas.
APAC
happens to be one of the strongest contenders in the global market, and is
bursting with lucrative business opportunities, owing to the fast-advancing
healthcare infrastructure and the rising per capita incomes. The impressive
growth of dental tourism in China and India and the rising number of patients
opting for cosmetic dental procedures also fosters market advancement in the
region.
About US:
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complexity of various industries through Cooked Research Report (CRR),
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Contact us:
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Private Limited),
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New York 10013
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