Cosmetic Dentistry Market Size Worth $27.4 Billion By 2028 | CAGR: 5.0%
Cosmetic Dentistry Industry Overview
The global cosmetic dentistry market size was valued at USD 6.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2028. With an increase in the population opting for the improvement of dental aesthetics, this industry has undergone great advancements. Cognizance among the population about such techniques and procedures has allowed this industry to prosper by leaps and bounds. Developing countries have generated a large amount of disposable income, which is the main reason why cosmetic dentistry is flourishing. The geriatric population, in general, has propagated the growth of this industry with old age-related tooth ailments. Treatments that include teeth whitening, changes in dental appearance, and malocclusion are the most frequent procedures that patients undergo in cosmetic dentistry. Dental tourism has been an important reason that has caused cosmetic dentistry to prosper globally.
The major restraints in this market include the lack of reimbursement options for cosmetic procedures and the expensive cost of dental imaging. Insurance companies and government agencies do not regard cosmetic procedures as essential, and thus not many reimbursement options are available for cosmetic dentistry. On the other hand, dental imaging requires high technological equipment to be used requiring a large amount of money that is not covered by insurance companies, thereby proving to be another reason that hinders the growth of this market.
Gather more insights about the market drivers, restrains and growth of the Global Cosmetic Dentistry market
Based on product, dental systems and equipment held the largest market share in 2020 as they include a wide range of products that are used in a majority of the dental procedures involved. With an escalation in individuals opting for cosmetic dentistry, increasing orthodontic braces are also used extensively to alter dental disfigurations. With CAD and CAM systems, the designing of dental prosthetics has become relatively easy, allowing 3D technology to be used extensively, resulting in the accuracy of procedures.
Dental services were among the worst affected services at the beginning of the COVID-19 pandemic. Dental practices across the world were halted. With no patient visits and declining revenues, several dental surgeons had to undergo unforeseen challenges. However, telemedicine became a boon for both dental surgeons and patients. The technology, according to some cosmetic dentists, is here to stay in the long run. With the ease of lockdowns in most the countries, dental services are also reopening, however, following strict protocols has added to the expenses for several cosmetic dentists.
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Cosmetic Dentistry Market Segmentation
Grand View Research has segmented the global Cosmetic Dentistry market on the basis of product, end-use, and region:
Cosmetic Dentistry Product Outlook (Revenue, USD Million, 2016 - 2028)
- Dental Systems & Equipment
- Instrument Delivery Systems
- Dental Chairs
- Dental Handpieces
- Light Curing Equipment
- Dental Scaling Units
- Dental CAM/CAD Systems
- Dental Lasers
- Dental Radiology Equipment
- Dental Implants
- Dental Crowns & Bridges
- Dental Veneer
- Orthodontic Braces
- Bonding Agents
- Inlays & Onlays
- Whitening
Cosmetic Dentistry Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Market Share Insights
- March 2019: Align Technology, Inc. announced a distribution agreement for iTero Element Intraoral Scanners with Benco Dental, which is the largest privately-owned dental distributor in the U.S. The company’s iTero Element scanner can help dentists perform a wide range of restorative and orthodontic procedures with greater precision and visualization capabilities.
Key Companies profiled:
Some prominent players in the global Cosmetic Dentistry market include
- Danaher Corporation
- Align Technology Inc.
- Dentsply International, Inc.
- 3M Company
- Zimmer Biomet Holding, Inc.
- Institut Straumann AG
- Sirona Dental Systems, Inc.
- Biolase, Inc.
- Planmeca Oy
- A-dec Inc.
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