US Dental Care Market Insights and In-Depth Analysis 2023-2028 with Types, Products and Key Players

The US Dental Care Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global US Dental Care market. This report explores all the key factors affecting the growth of the global US Dental Care market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the US Dental Care Market Analysis

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
Inflation has not been accounted for in order to estimate and forecast the market
Numbers may not add up due to rounding off

Reason to buy the report:

Facilitate decision-making based on strong current and forecast data for US Dental Care Market Analysis
Develop strategies based on the latest regulatory framework
Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the US Dental Care Market Analysis
Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market shares and core competencies
We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

US Dental Care Market Analysis Executive Summary

North America is a leading dental services market. This is attributed to the growing geriatric population in US. US have the higher rate of geriatric population growth compared to any other developed nation. Further, the increasing demand for the cosmetic dentistry among the people of North America is exponentially boosting the market growth in the region. As per the data published by the CDC, the dental visits in US is growing rapidly, indicating an increasing prevalence of dental problems among the population. Hence, the region is a market leader in the global dental services market and is estimated to grow at a promising rate in the forthcoming years.

Market Size and Key Findings

The US Dental Care Market Analysis size stood at around USD 109.28% billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 6.24% during the forecast period.

The U.S. dental services market was valued at US$ 109.28 billion in 2020 and is projected to be worth around US$ 196.18 billion by 2028, registering a CAGR of 6.24% from 2021 and 2028.

Market Dynamics

Market Growth Drivers Analysis

The rising prevalence of dental disorders among the global population is majorly driving the dental services market. The most common oral health condition was the untreated decay of permanent teeth. After 2016, the hospital price increase has outpaced total healthcare price growth, but the difference has grown since the epidemic began. Over the last six months, the average year-over-year hospital price rise has been 3.4%; if this pattern continues, annual price growth for 2020 will be 3.1%, up from 2.0% in 2019. Consolidation has been a major driver of hospital pricing growth in recent years, and financial instability caused by COVID-19 may hasten the pace of mergers.

Market Restraints

High costs involved in dental services are a major restraining factor. The increased cost of services due to high cost of dental equipment is a significant factor that may hamper the market growth during the forecast period. Hospitals may also be under more pressure to raise prices to compensate for lower volume. There are major opposing influences, though.

Covid-19 Market Impact Analysis

The pandemic of COVID-19 has had a significant influence on the healthcare system, especially the dental business. Many dental practices shuttered except for emergencies in March and April when the epidemic first spread across the United States. Changes were obvious even after they reopened. According to an American Dental Association survey of dentists conducted the week of Aug. 10, 98.9% were open, but only 47.6% reported "business as normal," while 51.3% were open but had "lower patient volume than typical.

Competitive Landscape

Key Players

Heartland Dental, Aspen Dental, Pacific Dental Services, and Smile Brands are the leading players in the US dental services market as of 2020. These companies have been focusing on expansions and partnerships over the past few years. The major players operating in the US dental services market are Smile Brands Inc., Aspen Dental, InterDent (Gentle Dental), Coast Dental, Pacific Dental Services, Heartland Dental, Affordable Care, Great Expressions Dental Centers, Western Dental, Dental Care Alliance.

Products in Pipeline

In June 2020, Aspen Dental launched its digital check-in platform, which is available in their 820 offices in 41 states. This platform will help patients in managing their dental visits conveniently.

Notable Recent Deals

In June 2021, My Dental Plan announced that it would add 4,000 more clinics, thereby expanding its reach to 250 cities by the end of 2021.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

Effective health policies can mitigate oral diseases and negative conditions and improve dental public health in the United States.

The American Dental Association supports the following policy:

Oral health is an integral component of systemic health.
Dentistry is an essential healthcare service because of its role in evaluating, diagnosing, preventing or treating oral diseases, which can affect systemic health.
The term "Essential Dental Care" be defined as any care that prevents and eliminates infection, preserves the structure and function of teeth as well as the orofacial hard and soft tissues, and that this term be used in lieu of the terms Emergency Dental Care and Elective Dental Care when communicating with legislators, regulators, policy makers and the media in defining care that should continue to be delivered during global pandemics or other disaster situations, if any limitations are proposed.
Government agencies such as the Department of Homeland Security and the Federal Emergency Management Agency have acknowledged dentistry as an essential service needed to maintain the health of Americans so they can sustain their health and livelihoods and live resiliently during the COVID-19 pandemic response. State agencies or officials be urged to recognize the oral health workforce when designating its essential workforce during public health emergencies, in order to assist them in protecting the health of their constituents.

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US Dental Care Market Analysis Segmentation

By Service:

As of 2020, the endodontic procedures segment accounted for the largest chunk of the US dental service market share. There have been considerable advancements in technology, materials, and endodontic treatment processes over the last two decades. Microscopy, rotating Ni-Ti files, ultrasonic, increased irrigation solutions and technologies, digital radiography, CBCT three-dimensional imaging, bioceramics, and other technologies are among them. On teeth with sophisticated anatomy and morphology, these alterations have generated a gap in the quality of care provided by specialist vs a regular dentist. The deteriorating dental health among Americans is expected to drive the growth of this segment.

By Application:

Preventive dental service segment accounted for the largest share of the US dental service industry. The demand for preventive dental services such as teeth cleaning and fluoride treatments was substantially high due to consumer awareness. However, COVID-19 has resulted in the closure of dental practices and a reduction in their hours of operation, except emergency and urgent treatments, limiting routine care and preventive. Nonetheless, the pandemic presents a chance for the dentistry profession to transition away from surgical procedures and toward nonaerosolizing, prevention-focused methods to care. If regulatory barriers to oral health care access were removed during the pandemic, it could have a positive impact in the future.

By End-User:

By end user, the dental clinics segment led the dental services market owing to the higher preferences for the convenient and specialized services offered by dental clinics to the patients in comparison to any other end user.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global US Dental Care Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global US Dental Care Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the US Dental Care market
Chapter 2: Exclusive Summary - the basic information of the US Dental Care Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the US Dental Care
Chapter 4: Presenting the US Dental Care Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the US Dental Care market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

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