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How the healthcare industry is tapping into the booming Cosmetic Dentistry Market in 2020

02-05-2020 01:53 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd.

How the healthcare industry is tapping into the booming Cosmetic

Cosmetic dentistry plays an important role in improving the colour, position, shape, alignment, size, and overall appearance of a person's teeth. Rising disposable income of middle-class people in developing nations is driving the global cosmetic dentistry market. From a geographical standpoint, Europe is likely to remain strong in the global cosmetic dentistry market, finds Fortune Business Insights in a study. The study is titled as "Cosmetic Dentistry Market: Global Market Analysis, Insights and Forecast". Presence of a large number of cosmetic dental manufacturers is likely to create growth opportunities for the cosmetic dentistry market in Europe.

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North America is also projected to grow at a significant rate owing to the rapid advancements in cosmetic dental treatments. In addition to this, the rising awareness on dental technology among consumers may enable North America hold a higher share in the global market. According to a study conducted by the American Academy of Cosmetic Dentistry (AACD), around 96% of patients going for cosmetic dentistry are females and over 70% of patients fall between the age of 31 and 50.

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Leading Players operating in the Cosmetic Dentistry Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Biocon,
o Align Technology,
o Danaher Corporation,
o 3M,
o Zimmer Biomet,
o Dentsply Sirona,
o Den Tech,
o Shofu Dental Corp.,
o Thommen Medical.

High Cost Associated with Dental Imaging May Hamper the Growth
Factors limiting the growth of the cosmetic dentistry market include mounting costs of dental imaging. This, coupled with poor reimbursement options, is anticipated to restrict the market's growth in the coming years. Cosmetic dental procedures are conducted with the intention of improving aesthetic appearance of a patient; hence, they do not qualify as primary healthcare procedures. Moreover, dental imaging requires expensive equipment and instruments, limiting access to middle-class population. Such factors may limit the growth of the market in the coming years.

Market Segmentation:

By Product
o Dental Implants
o Dental Bridges and Crowns
o Orthodontic Braces
o Dental Lasers
o Dental Veneers
o Bonding Agents
o Others
By End User
o Dental Clinics
o Ambulatory Surgery Centres
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Reasons to Purchase this Report:

o Comprehensive analysis of the Cosmetic Dentistry Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
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