Cosmetic Dental Products Industry To Grow Substantially At A CAGR Of 7.40% From 2023 To 2030
Cosmetic Dental Products Industry Data Book Covers Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Markets.
The global cosmetic dental products industry size was estimated at USD 21.0 billion in 2022. The market is expected to expand at a CAGR of 7.4% CAGR (2023-2030).
Teeth Whitening Market Growth & Trends
The global teeth whitening market size is anticipated to reach USD 10.6 billion by 2030, according to the new report of Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2022 to 2030. Factors such as an increase in awareness concerning oral hygiene and advancements in cosmetic dentistry procedures are driving the demand for teeth whitening products.
A recent survey by Mintel/Greenfield Online showed that 67% of American adults have tried to whiten their teeth in one way or another. Almost 24% of them have used an over-the-counter product for the same indicating the rising popularity of teeth whitening procedures.
Remedent Inc., which is a dental product manufacturer and distributor specializing in cosmetic dentistry, stated that 86% of people opt for cosmetic dentistry to improve physical attractiveness and self-esteem. It also stated that teeth whitening is the most popular cosmetic procedure accounting for 32% of the cosmetic procedure in practice.
Initially, as a short-term impact of COVID-19, global in-office teeth whitening was hampered. Most of the dental clinics had stopped seeing their patients, with only emergency treatments given a permit. This resulted in a lower volume of patient visits and impacted revenue to a great extent.
It was reported that there were 19 million fewer routine check-ups at NHS registered dental practices. However, telemedicine became an effective mode of communication for both patients and doctors. Moreover, new product launches by key players like P&G through online sales channel is expected to increase the market growth.
Dental Implants Market Growth & Trends
The global dental implant market size is expected to reach USD 9.62 billion by 2030, registering a CAGR of 9.8% according to a new report by Grand View Research, Inc. Rising demand for tooth replacement has provided good growth potential to the market. The increasing number of dental injuries owing to road accidents and sports injuries are some of the major factors boosting the market growth.
With growing aesthetic awareness, people are exploring more treatment options, which is leading to the growth of the market. For instance, as per the American Academy of Cosmetic Dentistry data, more than 95.0% of individuals across the globe believe that their smile is a vital social asset and nearly 84.0% revealed to be under increased pressure to perfect their smile, thus increasing the product demand. Dental implants are considered the only restorative technique that preserves and stimulates natural bone. Owing to the growing number of edentulous people, the demand for prosthetics is increasing, which is expected to be one of the major impact-rendering drivers for the market.
Several industries have halted their services due to the COVID-19 pandemic. However, the dental care industry is greatly impacted by the significant decrease in elective procedures, many of which are being postponed or canceled so that hospitals can focus their resources on treating patients with COVID-19. Major Countries like the U.S and India procure raw materials and electronic components from China, which has disrupted the supply chain of many dental equipments and product manufacturers. However, with the decrease in the number of COVID-19 cases, hospitals are likely to begin scheduling elective procedures, depending on their capacity of admission and patients comfort level.
Access the Global Cosmetic Dental Products Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Dental Crowns And Bridges Market Growth & Trends
The global dental crowns and bridges market size is expected to reach USD 3.8 billion by 2026, according to a new report by Grand View Research Inc. IT is projected to expand at a CAGR of 7.78% during the forecast period. Growing number of dental disorders is expected to drive the growth. Moreover, rising medical tourism and demand for cosmetic surgery are projected to majorly affect the growth.
North America is the dominating market for dental crowns and bridges owing to favorable reimbursement policies for the employees. Furthermore, increasing awareness for these reimbursement policies and growing geriatric population are anticipated to propel the regional market in the forthcoming years.
Advancements in the existing technologies is another major trend witnessed in the market. Growth of the dental implant industry is stimulating the developments and acceptance of novel technologies by the end users across the globe. These innovations are expected to impel dental implant replacement rates in near future.
Growing economies of Asia Pacific, such as India and China are positively influencing growth of the dental crowns and bridges market. Moreover, an increase in spending power of consumers in the developing countries and the introduction of technologies like CAD/CAM for streamlining the workflow of dentists are also driving the product demand.
Dental Veneers Market Growth & Trends
The global dental veneers market size is expected to reach USD 4.3 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.3% from 2022 to 2030. The rising prevalence of oral diseases, disorders, and conditions, growing demand for aesthetic dental procedures, evolving dental tourism worldwide, and increasing disposable income in developing regions are some of the factors contributing to market growth.
The COVID-19 pandemic had a significant impact on the worldwide economy. Several regions were on lockdown, prohibiting overseas markets and enforcing immigration restrictions, contributing to a slowdown in the improvement of the healthcare industry, particularly dentistry. Dental services were severely affected during the COVID-19 pandemic as dental care was closed owing to the imposed social distancing guidelines. However, the market is now witnessing a recovery trend, and dental care services are getting back on track.
The availability of innovative materials and techniques has resulted in the development of newer approaches to managing dental disorders. Cosmetic dentistry has transformed patient perspectives related to dental products such as dental veneers. As these procedures are gaining popularity, more people are realizing that they can improve the appearance of their teeth with satisfactory results. The pursuit of better facial features has increased the demand for cosmetic dental intervention. With age-related dental problems, the geriatric population as a whole has fueled the expansion of this industry. Also, the growth of aesthetic dentistry around the world has been largely attributed to dental tourism.
Order your copy of the Free Sample of “Cosmetic Dental Products Industry Data Book - Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the cosmetic dental products industry are –
- GLIDEWELL LABORATORIES
- COLTENE
- DENTSPLY SIRONA
- DENMAT
- ULTRADENT PRODUCTS INC.
- PLANMECA OY
- OBAGI
Grand View Research, Cosmetic Dental Products industry databook collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Go through the table of content of Cosmetic Dental Products Industry Data Book to get a better understanding of the Coverage & Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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