openPR Logo
Press release

Dental Insurance Market Expected to Reach $237.11 billion By 2027: Allied Market Research

12-19-2023 08:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Dental Insurance Market

Dental Insurance Market

Dental insurance provides coverages only for dental health or oral health of a person and reimburses any kind of dental costs incurred by patients. Primarily, preferred provider organizations (PPO), dental health maintenance organizations (DHMO), and indemnity plans are some of the major plan covered under dental insurance. Moreover, rise in prevalence of dental problems, increase in awareness toward dental insurance, and high cost of dental procedures globally are some of the factors that drive growth of the global dental insurance market. Furthermore, implementation of technologies such as data analytics, artificial intelligence, and cloud computing are anticipated to boost development of the global dental insurance market in the upcoming years. However, the market faces some critical challenges such as tough profit margins, increase in convergence of dental & health insurance, and rise in advancements & developments of vaccines for dental treatments in the market.

According to the report published by Allied Market Research, the global dental insurance market garnered $152.26 billion in 2019, and is projected to garner $237.11 billion by 2027, witnessing a CAGR 10.7% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top investment pockets, value chain, key segments, and competitive landscape.

Surge in awareness about oral hygiene, supportive government policies, and favorable protection policies provided by dental insurers drive the growth of the global dental insurance market. However, less profit margins, developments of effective medicines for dental treatments, and convergence of health insurance with dental insurance hinder the market growth. On the other hand, implementation of new technologies such as artificial intelligence (AI) and cloud computing would present new opportunities for market players in the coming years.

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐‘น๐’†๐’‘๐’๐’“๐’•- https://www.alliedmarketresearch.com/request-sample/7193

Covid-19 scenario:

As dental offices and clinics have been closed down due to lockdown, dental treatments and checkups have been postponed. So, the number of people availing insurance decreased significantly.

Dental insurers have been extending the period to make premium payments due to occurrence of economic turbulence.

Though the governments have permitted teledentistry to ensure safety and prevent infections, not all insurers offer reimbursements for remote care.

The report offers a detailed segmentation of the global dental insurance market based on coverage, procedure type, demographics, end user, and geography.

Based on coverage, the dental preferred provider organization (DPPO) segment held the highest share of the market in 2019, contributing to nearly three-fifths of the total market, and will maintain its dominant position throughout the forecast period. Contrarily, the dental indemnity plans segment would witness the fastest CAGR of 16.2% from 2020 to 2027.

๐‘ฐ๐’‡ ๐’š๐’๐’– ๐’‰๐’‚๐’—๐’† ๐’‚๐’๐’š ๐’”๐’‘๐’†๐’„๐’Š๐’‚๐’ ๐’“๐’†๐’’๐’–๐’Š๐’“๐’†๐’Ž๐’†๐’๐’•๐’”, ๐’‚๐’”๐’Œ ๐’‡๐’๐’“ ๐’„๐’–๐’”๐’•๐’๐’Ž๐’Š๐’›๐’‚๐’•๐’Š๐’๐’๐’”: https://www.alliedmarketresearch.com/request-for-customization/7193?reqfor=covid

Based on end user, the corporates segment contributed to the highest market share in 2019, holding more than two-thirds of the global dental insurance market share, and is estimated to continue its lead status during the forecast period. However, the individuals segment is estimated to manifest the highest CAGR of 12.1% from 2020 to 2027.

Based on region, North America contributed to the highest market share in 2019, accounting for nearly half of the total market share, and will maintain its leadership status by 2027. However, Asia-Pacific is projected to witness the highest CAGR of 13.2% during the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐˜๐จ๐ฎ๐ซ ๐„๐ฏ๐ž๐ซ๐ฒ ๐ƒ๐จ๐ฎ๐›๐ญ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/purchase-enquiry/7193

Key players of the global dental insurance market analyzed in the report include Aetna Inc., Allianz, AFLAC INCORPORATED, AXA, Ameritas, Delta Dental, Cigna, MetLife Services and Solutions, LLC, HDFC ERGO Health Insurance Ltd. (Apollo Munich), and United HealthCare Services, Inc.

Key benefits for stakeholders

The study provides an in-depth analysis of the global dental insurance market share along with the current & future trends to elucidate the imminent investment pockets.

Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.

Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

An extensive analysis of the key segments of the industry helps to understand the global dental insurance market trends.

The quantitative analysis of the global dental insurance market from 2020 to 2027 is provided to determine the market potential.

Key market segments

By Coverage

Dental Preferred Provider Organizations (DPPO)
Dental Health Maintenance Organizations (DHMO)
Dental Indemnity Plans
Others

By Type

Major
Basic
Preventive

By Demographics

Senior Citizens
Adults
Minors
End User
Individuals
Corporates

By Region

North America
U.S.
Canada
Europe
UK
France
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Singapore
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Top Trending Reports:

Business Travel Accident Insurance Market https://www.alliedmarketresearch.com/business-travel-accident-insurance-market-A119319

Accounting Services Market https://www.alliedmarketresearch.com/accounting-services-market-A12933

Fraud Management in Banking Market https://www.alliedmarketresearch.com/fraud-management-in-banking-market-A283371

Generative AI in Insurance Market https://www.alliedmarketresearch.com/generative-ai-in-insurance-market-A283347

Cybersecurity in Banking Market https://www.alliedmarketresearch.com/cybersecurity-in-banking-market-A12738

ATM Market https://www.alliedmarketresearch.com/automated-teller-machine-ATM-market

Title insurance Market https://www.alliedmarketresearch.com/title-insurance-market-A14759

Cloud Computing Banking Market https://www.alliedmarketresearch.com/cloud-computing-banking-market-A12967

David Correa

1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.

Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285

UK: +44-845-528-1300

India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Dental Insurance Market Expected to Reach $237.11 billion By 2027: Allied Market Research here

News-ID: 3331785 • Views: โ€ฆ

More Releases from Allied Market Research

Swimwear Market Navigating Business with CAGR of 4.5% with Revenue of $30.9 billion by 2032
Swimwear Market Navigating Business with CAGR of 4.5% with Revenue of $30.9 bill โ€ฆ
The swimwear market size was valued at $19.8 billion in 2022, and is estimated to reach $30.9 billion by 2032, growing at a CAGR of 4.5% from 2023 to 2032. Request The Sample PDF Of This Report @ https://www.alliedmarketresearch.com/request-sample/4670 Market Overview According to the Swimwear Market report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled withโ€ฆ
Sanitary Ware Market to Surge USD 15.9 billion by 2032, Size, Share, Emerging Trends, Key Growth Drivers
Sanitary Ware Market to Surge USD 15.9 billion by 2032, Size, Share, Emerging Tr โ€ฆ
The sanitary ware market size was valued at $9 billion in 2022, and is estimated to reach $15.9 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/3841 Bathroom fixtures and accessories with a focus on waste disposal and personal cleanliness are referred to as sanitary ware. Examples of sanitary ware include urinals, bidets, sinks, bathtubs, showers, andโ€ฆ
U.S. Insurance Third-party Administrator Market to Hit Growth Rate ~4.6% of CAGR by 2030
U.S. Insurance Third-party Administrator Market to Hit Growth Rate ~4.6% of CAGR โ€ฆ
Third-party administrator acts as an intermediary between the insurance company and policyholder to ensure cashless claims, and reimbursement claims are settled effectively. Increase in health insurance customers has accelerated the quantity of work and led to decrease in the quality of services. Therefore, third-party administrators are established to assist insurers to arrange for cashless treatments for customers demanding seamless claim settlements. In addition, third-party administrators scrutinize hospital bills and documentsโ€ฆ
Expert View: Advanced Glass Market Shows Outstanding Growth at a CAGR of 7.6% by 2027
Expert View: Advanced Glass Market Shows Outstanding Growth at a CAGR of 7.6% by โ€ฆ
The globalย advanced glass marketย generated $57.6 billion in 2019, and is estimated to reach $103.8 billion by 2027, registering a CAGR of 7.6% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario. Rapid growth of the construction industry, flourishing automotive industry, and surge in need for better infrastructure due to rapid urbanization drive the growth ofโ€ฆ

All 5 Releases


More Releases for Dental

Periodontal Dental Services Market Analysis by Top Key Players Coast Dental, Pac โ€ฆ
A periodontal disease is an infection of the tissues in the mouth that results in detachment of teeth from the gums. The main cause of the disease is a bacterial infection that adversely affects the area just below the gum line in the sulcus, resulting in the breakdown of the tissues that support a tooth. In its initial stages, it is referred to as gingivitis, while in its advanced stageโ€ฆ
Dental Services Market by Key Players : Apollo White Dental, Pacific Dental Serv โ€ฆ
Dental services are provided by dentists or dental professionals, which include diagnosis, prevention, and treatment of dental disorders. These services are subjected to various disorders such as dental caries, tooth decay, and pyorrhea. Dental services mainly focus on the maintenance of healthy teeth, oral hygiene, and dental surgery. The key players that operate in this market include Apollo White Dental, Pacific Dental Services, DENTAL SERVICES GROUP, Gentle Dental of New England,โ€ฆ
Periodontal Dental Services Market Size and Business Outlook Analysis 2025: Coas โ€ฆ
Periodontal Dental Services Market 2018 delivers comprehensive overview of the global Industry along with the market elements such as drivers, trends, size, share, growth, challenges and restraints. Our analysts have done thorough analysis of all the major elements to define the future prospect of Global Periodontal Dental Services Market. The periodontal dental services market is characterized by the presence of several vendors. The vendors are increasingly competing against each other basedโ€ฆ
Global Periodontal Dental Services Market 2018 Key Players: Coast Dental, Pacifi โ€ฆ
Periodontal Dental Services Market: WiseGuyReports.com adds โ€œPeriodontal Dental Services Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025โ€reports to its database. Executive Summary This report studies the global Periodontal Dental Services market, analyzes and researches the Periodontal Dental Services development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Coast Dental Pacific Dental Services Q & Mโ€ฆ
Dental Services Market: Coast Dental Services, Pacific Dental Services
HTF MI published a new industry research that focuses on Dental Services market and delivers in-depth market analysis and future prospects of Global Dental Services market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study isโ€ฆ
Global Dental Laboratory Workstations Market 2017- Dental Art , DentalEZ Group , โ€ฆ
The Global Dental Laboratory Workstations Market 2017 examines the performance of the Dental Laboratory Workstations market, enclosing an in-depth judgment of the Dental Laboratory Workstations market state and the competitive landscape globally. This report analyzes the potential of Dental Laboratory Workstations market in the present as well as the future prospects from various angles in detail. The Global Dental Laboratory Workstations Market 2017 report includes Dental Laboratory Workstations industry volume, marketโ€ฆ