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Dental Services Market Forecast To 2022 – Driven By Industry Major Players, Dynamics, Future Opportunities, Revenue and Growth
Dental Services Market - By Type (General Dentistry, Orthodontics And Prosthodontics And Oral Surgery), By End Use Industry, By Country, By Competitor, And By Region, Opportunities And Strategies – Global Forecast To 2022 By The Business Research CompanyThe global dental services market reached a value of nearly $436.2 billion in 2018, having grown at a compound annual growth rate (CAGR) of 7.4% since 2014, and is expected to grow at a CAGR of 9.6% to nearly $629.3 billion by 2022.
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The Key drivers of the dental services market include:-
Aging Populations: The aging population profile of most countries contributed to the growth of the dental services market. During the historic period, the number of people globally over the age of 65 grew from below 450 million to 601 million, an increase of 33%, according to estimates based on Population Reference Bureau data. Dental issues such as xerostomia, periodontal diseases, and dry mouth are common among the geriatric population.
Dental Services Market Segmentation:-
By Type Of Service
1. General Dentistry
2. Oral Surgery
3. Orthodontics and Prosthodontics
General dentistry was the largest segment of the dental services market by type of service in 2018 at 68.9%. The orthodontics and prosthodontics market is expected to be the fastest-growing segment going forward at a CAGR of 11.8%.
By Type Of Procedure:
1. Cosmetic Dentistry
2. Non-cosmetic Dentistry
Non-cosmetic dentistry was the largest segment of the dental services market by type of procedure in 2018 at 94%. The cosmetic dentistry market is expected to be the fastest- growing segment going forward at a CAGR of 10.2%.
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By Geography - The dental services market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa
Some of the major key players involved in the dental services market are
1. National Health Service
2. The British United Provident Association Limited
3. Integrated Dental Holdings
4. Aspen Dental Management Inc.
5. Abano Healthcare Group Ltd.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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