Market Overview
Market Research Future (MRFR) anticipates lucrative prospects for the Cosmetic Dentistry Market Research 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.
The cosmetic dentistry market was valued USD 26.9 billion in 2021 and is expected to reach USD 6870 million by 2030 at 11.6% CAGR during the forecast period 2022-2030.
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 Trends 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 Cosmetic Dentistry Market Report 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.
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