Press release
Top Market Shifts Transforming the Dental Veneers Market Landscape: Key Insights
Dental Veneers Market
What Is the Expected CAGR for the Dental Veneers Market Through 2025?
The market size for dental veneers has experienced robust growth in the past few years. The projection reveals a growth from $2.47 billion in 2024, to a market worth $2.67 billion come 2025, with a compound annual growth rate (CAGR) of 8.1%. This substantial growth during the historical period can be attributed to the rising rates of skin cancer, an increase in skin health awareness, emphasis on preventive healthcare, heightened aesthetic preoccupations, and the expansion of dermatological practices.
What's the Projected Size of the Global Dental Veneers Market by 2029?
Anticipated to witness a significant surge in the coming years, the market size for dental veneers is projected to expand to $3.45 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.6%. The forthcoming growth during the forecast period can be linked to the growing aging population worldwide, an increased emphasis on skin cancer prevention, higher rates of dermatology consultations, emphasis on preemptive measures, and broadening of aesthetic dermatology practices. The primary trends predicted for the forecast period consist of the inclusion of artificial intelligence (AI) algorithms, the creation of smartphone-compatible dermatoscopes, concentration on multispectral imaging, applications of telemedicine, and improved connectivity and data sharing.
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Top Growth Drivers in the Dental Veneers Industry: What's Accelerating the Market?
The escalating prevalence of dental disorders is anticipated to be a significant factor in driving the dental veneers market. Dental disorders encompass a range of conditions affecting the teeth, gums, mouth and related structures. Dental veneers serve as a treatment for issues such as teeth discolored by root canal treatment or drug stains, broken or chipped teeth, and gaps or spaces in teeth. For example, the Canadian Dental Care Plan (CDCP), a government-funded dental insurance program in Canada, detailed in the 2023 budget their commitment to a healthier future by allocating $13 billion over five years and $4.4 billion annually towards supporting the CDCP. As a result, the increasing occurrences of dental disorders will thrust the growth of the dental veneer market. Dental Veneers Market Driver: Expansion of the Dental Veneers Market Propelled by Increased Dental Spending
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What Trends Will Shape the Dental Veneers Market Through 2029 and Beyond?
Dental veneers market players, such as Boston Micro Fabrication, are developing innovative dental treatment devices such as UltraThineer to stand out in the market. The UltraThineer is an advanced 3D-printed dental veneer that offers a less invasive treatment option by integrating novel materials and a production workflow. For instance, in August 2023, this US-based firm known for its work in nanotechnology research and its provision of medical and cosmetic veneers, unveiled UltraThineer, touted as one of the thinnest cosmetic dental veneers in existence. Crafted using projection micro-stereolithography, these newly-introduced 3D-printed veneers are designed to be three times thinner than conventional ones, thereby significantly simplifying the preparatory work for dental professionals.
What Are the Main Segments in the Dental Veneers Market?
The dental veneers market covered in this report is segmented -
1) By Product: Porcelain Veneers, Composite Veneers, Other Products
2) By Application: Cosmetic, Medical
3) By End Users: Hospitals, Dental Clinics, Other End Users
Subsegments:
1) By Porcelain Veneers: Laminated Veneers, Full Veneers
2) By Composite Veneers: Direct Composite Veneers, Indirect Composite Veneers
3) By Other Products: Resin-Based Veneers, Ceramic Veneers
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Which Top Companies are Driving Growth in the Dental Veneers Market?
Major companies operating in the dental veneers market report are 3M Corporation, Henkel AG & Co. KGaA., Koninklijke Philips N.V, Colgate-Palmolive Company, Dentsply Sirona Inc., Align Technology Inc., Straumann Group, Planmeca Oy, Ivoclar Vivadent AG, Nobel Biocare Holding AG, Ultradent Products Inc., A-dec Inc., Kulzer GmbH, MicroDental Laboratories Inc., Amann Girrbach AG, Brasseler USA LLC, Voco America Inc., Keystone Dental Group, Sun Dental Labs, Den-Mat Holdings LLC, Biolase Inc., Glidewell Dental Lab., Bego USA Inc., Removable Veneers USA, DURAthin Veneers
Which Regions Will Dominate the Dental Veneers Market Through 2029?
North America was the largest region in the dental veneers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental veneers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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