It is predicted that the global Dental Services market will develop at a compound annual growth rate (CAGR) of 6.4 percent from 2021 to 2028, with a market value of USD 302.7 billion in 2020. Diagnostic, prevention and treatment of dental problems are all included in the scope of dental services provided by dentists and other dental specialists. Some of the most important factors driving the market’s expansion include increasing public awareness of dentistry, an increase in the frequency of dental caries and other periodontal diseases, technical advancements in dentistry, and high demand for aesthetic and laser dentistry. With the ongoing COVID-19 pandemic, the dental care industry has suffered a huge setback. The rigorous social distance standards that were implemented resulted in the closure of dentistry practices in numerous nations throughout the world.
A significant segment of the healthcare business is dental services, which is one of the fastest expanding segments. Dental services include the diagnosis, prevention, and treatment of illnesses of the mouth and oral cavity, among others. Dental services include dental implants, root canal – endodontic therapy, cosmetic dentistry, oral surgery, laser dentistry, dentures, and smile makeovers. Dental implants are a type of endodontic therapy.
As a result of COVID-19, according to data from the American Dental Association’s Health Policy Institute (HPI), the dental industry came to a grinding halt, as dental practitioners were only permitted to treat emergency cases during the early stages of the epidemic. A public recommendation to postpone elective dental operations was published by the American Dental Association (ADA) in March 2020. In accordance with the American Dental Association, oral examinations, routine cleaning, radiography, aesthetic operations, and orthodontic treatments without pain control were among the procedures that needed to be postponed. Oral haemorrhage, dental or face trauma, painful caries, tooth fractures, and abnormal tissue biopsies were among the emergencies treated by emergency dental professionals.
The growing population base in developing countries, together with increased government initiatives, is likely to result in excellent growth prospects for the Dental Services market. Using the assistance of dental support organisations, it is expected that the dental services industry will undergo a shift in its delivery model. As a result, group or corporate practises are expected to rise in the near future.
Drivers and restraints in the dental services market
Factors driving the growth of the Dental Services market include an increase in the number of people suffering from periodontal disease, an increase in private health insurance coverage, and an increase in demand for cosmetic and elective dentistry.
The growing use of sugar-based medications, as well as existing lifestyle variables, are contributing to the expansion of the Dental Services industry. – Additionally, the growing population in the Asia Pacific region is a significant factor contributing to the expansion of the global Dental Services market over the forecast period. As a result of a variety of public health initiatives and improved self-care habits implemented in industrialized countries, the World Health Organisation has reported a decrease in the number of instances of dental caries. These are the primary factors limiting the growth of the Dental Services industry in recent years.
Top Market Players:
Apollo White Dental
Pacific Dental Services
Great Expressions Dental Centers
Gentle Dentistry LLC
Coast Dental Services LLC
Aspen Dental Management Inc.
National Health Service England
The British United Provident Association Limited
Abano Healthcare Group Limited
Dental Service Group
A growing number of people are opting for teeth appearance improvement procedures, and the cosmetic dentistry market is predicted to develop at the fastest rate from 2021 to 2028. The whitening of teeth to eliminate stains and correct discolorations is one of the cosmetic dentistry procedures available. Furthermore, when it comes to improving their oral look, patients prefer crowns, inlays and onlays, composite bonding, and veneers, among other things.