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Dental Services Market Scope and Opportunities Analysis 2017 - 2025
Dental service organizations (DSOs), also known as ‘dental support organizations,’ are autonomous business support centers. In the U.S., dental practitioners form a contract with DSOs. These DSOs provide critical business management and support solutions for dental practices including non-clinical operations. Formation of DSOs has enabled dentists to exploit their practice with the help of professional office management.
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Increasing number of people suffering from periodontal diseases, expanding private health insurance coverage, and increasing demand for elective and cosmetic dentistry are factors driving the global dental services market. Increased intake of sugar in food and changed lifestyle are other factors contributing to growth of the global dental services market. According to the WHO, the prevalence of dental caries is decreasing due to increased measures for public health and enhanced self-care practices in developed countries.
Improper eating habits and consumption of unhealthy food have led to increased incidence of oral diseases worldwide. A rising number of consumers opting for dental treatments and increase in the number of dental clinics providing these treatments drive the market. Patients demand painless procedures, which has led to technological advancements. According to the Centers for Disease Control & Prevention (CDC), around 90% of youngsters in the U.S. have dental caries, while out of all dentate adults, almost 94% have coronal caries. In the U.S. 47.2% of the people aged 30 years or above suffer from periodontal diseases.
The global dental services market has been segmented based on service, end-user, and region. Based on service, the market has been segmented into orthodontics, dental implants, periodontics, cosmetic dentistry, root canal – endodontics, laser dentistry, oral & maxillofacial surgery, dentures, and smile makeover. Based on end-user, the global dental services market has been segmented into dental clinics and hospitals.
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Geographically, the global dental services market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the leading market share, while Europe holds the second-largest share of the global dental services market. High prevalence of dental caries in North America and Europe has resulted in leading positions of these regions. According to the WHO, 90% of the people in North America are diagnosed with dental caries. The market in Asia Pacific is expected to register a significant growth rate during the forecast period, due to increase in the adoption of smile makeover treatment.
Major players operating in the global dental services market are Mydentist, Coast Dental Services, Abano Healthcare Group, 1300SMILES, Q & M Dental Group, American Dental Partners, Aspen Dental Management, Apollo White Dental, Axiss Dental, Brighter Dental Care, Birner Dental Management Services, Dental Services Group, Floss Dental, Enel-Med, Folktandvården Stockholms län, Great Expressions Dental Centers, Gentle Dentistry, Healthway Medical, Kool Smiles, InterDent, Laboratorio Lucas Nicolas, Northwestern Management Services, Midwest Dental, Novadent, Oral Care AB, Oasis Dental Care, Oral Hammaslääkärit, Pacific Dental Services, Orasolv AB, PlusTerveys Oy, ReachOut Healthcare America, Smile Brands, and Praktikertjänst AB.
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The global dental services market is highly fragmented, due to presence of a wide variety of market players that provide dental services across the world. The competition in the global market is limited, as there are regional players also. Advancements in technology are expected to increase the competition among the existing market players.
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