Cosmetic Dentistry Market Size Projected To Reach USD 27.4 Billion By 2028 With CAGR of 5.0% | Grand View Research, Inc.

Cosmetic Dentistry Market Size Projected To Reach USD 27.4 Billion By 2028 With CAGR of 5.0% | Grand View Research, Inc.

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According to a new report published by Grand View Research, 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 global cosmetic dentistry market size is expected to reach USD 27.4 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a 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. 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.

Initially, as a short-term impact of COVID-19, global cosmetic dentistry was hampered. Most of the dental clinics had stopped seeing their patients, with only emergency treatments given a permit. This resulted in a lower volume of patient visits and impacted revenue to a great extent. It was reported that there were 19 million fewer routine check-ups at NHS registered dental practices. However, telemedicine became an effective mode of communication for both patients and doctors. On the flip side, in countries such as Australia, due to the longer time spent on Zoom, interest in cosmetic dentistry has increased highlighting some brighter days ahead for the industry.

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Cosmetic Dentistry Market Report Highlights

  • North America led the market for cosmetic dentistry in 2020 owing to technological advancements and an increase in patients opting for procedures to improve dental aesthetics
  • The Asia Pacific region is expected to grow significantly in the forecast period. This is majorly attributed to a large population base and disposable income being generated in this region
  • By product, dental systems and equipment held the largest market share in 2020 owing to their wide range of applications in the dental industry

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Cosmetic Dentistry Market Segmentation

Grand View Research has segmented the global cosmetic dentistry market on the basis of product 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
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa

List of Key Players of Cosmetic Dentistry Market

  • 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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About Grand View Research

 

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.

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