The global dental service market is on track for significant expansion, with projections indicating a rise from USD 381.62 billion in 2024 to an impressive USD 696.43 billion by 2034. This robust growth represents a compound annual growth rate (CAGR) of 6.2%, as highlighted by a recent analysis from Future Market Insights.
This upward trajectory in the dental care service industry is attributed to several pivotal factors. Governments worldwide are increasingly recognizing the importance of dental care in overall health and well-being, resulting in greater investments in healthcare services. This commitment is further amplified by the integration of advanced technologies in dental treatments, enhancing both the quality and accessibility of care.
A notable trend driving market growth is the surge in popularity of smile makeover procedures. These treatments, designed to enhance the aesthetic appeal of a patient’s smile, are gaining global traction. Leading industry players are capitalizing on this trend by investing in comprehensive advertising campaigns, raising consumer awareness and boosting demand for these cosmetic procedures.
Furthermore, initiatives like American Heart Month have underscored the critical link between oral health and heart health. Celebrated in February across the United States, this campaign has highlighted how early treatment of periodontal disease can mitigate the risk of cardiovascular diseases (CVD). Such awareness is expected to drive an increased demand for dental services as individuals seek to improve their oral health to protect their heart.
Key market players are actively adopting strategies to attract more patients, including internet advertising and organizing free health camps. These initiatives aim to boost patient engagement and enhance the visibility of dental services.
As the global dental service market evolves, stakeholders can anticipate a decade marked by innovation, improved access to care, and a heightened focus on the essential role of dental health in overall well-being.
Key Takeaways from the Dental Service Market Report:
- The dental service market gained USD 93 million in 2019. In 2023, this valuation topped USD 361.63 million, expanding at a CAGR of 8.90%.
- By service, the periodontics service segment is projected to attain 23.40% of the market in 2024.
- Based on service providers, the dental clinics segment is anticipated to grab a market share of 53.60% in 2024.
- In North America, the United States is predicted to acquire a larger share and grow too at an accelerated pace of 6.50% through 2023.
- In Europe, Germany is expected to spearhead the regional market, with a growth rate of 5.80% over the forecast period.
- In Asia Pacific, China, India, and ASEAN countries are expected to find several investors in the years to follow, as more patients turn up from abroad to get their oral health restored.
Latest Developments in the Dental Service Market:
- Great Expressions Dental Centers (GEDC) announced in December 2021 that it has partnered with Amazing Dental Group, which is a patient-centered fast-growing Michigan-based Dental Services Organization with facilities in the greater Detroit area.
- National Dentex Labs, a United States-based renowned network of fully-owned dental labs, made public knowledge that it is acquiring Dental Services Group (“DSG”) in April 2021. The merged company is going to operate under National Dentex Labs.
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Profiling of Leading Players in the Dental Service Market:
- Apollo White Dental
Apollo White Dental is India’s leading and highly trusted chain of dental centers. The center offers the best of both worlds, with best-in-class hospitality and personalized care. The health provider is counted as one of the most favored clinics across the globe due to its high-quality oral care and state-of-the-art technology.
- Dental Services Group
Dental Services Group, headquartered in the United States, is a chain of dental laboratories that presents products and services for group practices, institutes, and independent dentists. DSG has over 40 dental laboratories situated in Canada, the United States, and Mexico. Various service options offered by DSG include orthodontics, removable implants, and sleep dentistry products and services.
Enlisted Below are Some Top Market Players:
- Apollo White Dental
- Dental Services Group
- Pacific Dental Services
- Great Expressions Dental Centers
- Gentle Dentistry, LLC
- Coast Dental Services, LLC
- Others
Market Segmentation of Dental Care Services:
By Service:
- Dental Implants
- Orthodontics
- Periodontics
- Root Canal – Endodontics
- Cosmetic Dentistry
- Laser Dentistry
- Dentures
- Oral and Maxillofacial Surgery
- Smile Makeover
By End User:
- Hospitals
- Dental Clinics
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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