Cosmetic Dentistry Market Is Expected To Reach USD 27.95 Billion By 2024: Grand View Research, Inc.
Global cosmetic dentistry market is expected to reach USD
27.95 billion by 2024, according to a new report by Grand View Research, Inc.
More and more people are opting for esthetic dental procedures, which has
resulted in development of advanced technologies. Cognizance among populations
about such techniques and procedures has allowed this industry to prosper by
leaps and bounds. Developing countries have generated a significant amount of
disposable income, which is the main reason why cosmetic dentistry is
flourishing. Geriatric population, in general, has propagated the growth of
this industry with old-age-related tooth ailments.
Treatments
that include teeth whitening, change in dental appearance, and intervention of
malocclusion are the most frequent procedures that patients undergo in cosmetic
dentistry. Dental tourism has been one of the most important reasons for
cosmetic dentistry to prosper globally.
The
major restraints in this market are lack of reimbursement options for cosmetic
procedures and 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 technologically advanced equipment
requiring huge investments that are not covered by insurance companies. This is
another reason that hinders the growth of this sector.
On
the basis of the products, this industry is segmented into dental systems and
equipment, dental implants, dental bridges, dental crowns, dental veneers,
orthodontic braces, bonding agents, and, inlays & onlays. The major market
share in case of products was accounted for by dental systems and equipment, as
they include a wide range of products that are used in a majority of the dental
procedures. With an escalation in individuals opting for cosmetic dentistry,
dental braces are also used extensively to alter the alignment of teeth. With
CAD/CAM systems, the designing of dental prosthetics has become relatively easy
allowing 3D technology to be used extensively, which has drastically improved
accuracy of procedures.
Browse full
research report Cosmetic Dentistry Market: http://www.grandviewresearch.com/industry-analysis/cosmetic-dentistry-market
Further key
findings from the report suggest:
- The European region is set to lead the cosmetic
dentistry market owing to technological advances and increase in patients
opting for procedures for esthetic purposes.
- The Asia Pacific region is bound to grow
significantly in the forecast period. This is majorly contributed by large
population bases and disposable income being generated in this region.
- Dental systems and equipment garnered the
highest market share owing to their wide range of applications in the
dental industry.
- Increasing awareness about such procedures in
the common population has allowed more individuals to opt for minimally
invasive techniques to correct dental deformities and increase esthetic
appeal.
- Some key market players include Danaher
Corporation, Sirona Dental Systems, Dentsply International, Inc., Institut
Straumann AG, 3M Company, and Zimmer Biomet Holding, Inc.
Browse more
reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global cosmetic dentistry market on
the basis of product type and region:
Cosmetic
Dentistry Product Outlook (Revenue, USD Million, 2013 - 2024)
- Dental
systems and equipment
- Instrument
delivery systems
- Dental
chairs
- Dental
hand pieces
- Light
curing equipment
- Dental
scaling units
- Dental
CAD/CAM systems
- Dental
lasers
- Dental
radiology equipment
- Dental
implants
- Dental
bridges
- Dental
crowns
- Dental
veneers
- Orthodontic
appliances
- Bonding
agents
- Inlays
and onlays
Cosmetic
Dentistry Regional Outlook (Revenue, USD Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
Access
Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-cosmetic-dentistry-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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