Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 302.4 Billion | USD 556.3 Billion | 6.5% | 2020 |
The global Dental Services Market Size accrued earnings worth approximately 302.4 (USD Billion) in 2020 and is predicted to gain revenue of about 556.3 (USD Billion) by 2028, is set to record a CAGR of nearly 6.5% over the period from 2021 to 2028. The report offers assessment and analysis of the Dental Services Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).
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With burden of oral disorders on rise in large number of low income and high income countries, it is more likely that dental services will witness a marked increase in its demand. Moreover, dental diseases can be prevented through routine home dental care and preventive dental visits. In addition to this, preventive dental visits assist in early detection & treating of dental disorders.
This will drive demand for dental services in coming years. Apparently, utilization of dental services is measured on some of the key parameters such as annual visits to dental clinics made by an individual, number of persons visiting dentist each year, and total spending on dental visits.
Moreover, availing of dental services is impacted by plethora of factors such as socioeconomic and decision of persons for seeking professional service for their dental issues as well as their behavioral patterns. Though regular dental visits are recommended by dentists to avail dental services, individuals do not comply with it due to low access to dental services, financial constraints, lack of perceived requirement, and insufficient oral healthcare amenities.
Growing significance attributed to oral health and awareness that bad dentition can result in social stigma and low self-esteem along with tarnishing of self-image & quality of life has nurtured growth of dental services market. It has been found that good oral health plays a major role in improving health status of an individual.
Moreover, research has revealed a link between dental health, heart disorders, depression, chronic obstructive pulmonary disorder, and asthma. Integration of oral care and medical care as well as access to enhanced patient care will not only increase profitability or dental services market but also help it flourish.
According to NCBI, studies have demonstrated that the U.S. government initiatives referred as HP2020 (Healthy People 2020) highlights significance of dental care services. Such favorable moves will drive business trends.
Reportedly, the U.S. Affordable Care Act has mandated dental healthcare coverage for children up to nearly 21 years of age. This legislation has encouraged parents seek dental healthcare coverage for them with children making routine dental visits. Moreover, few of studies have unleashed that surge in nearly 3% to 6% of utilization of dental care services is credited to U.S.
Affordable Care Act and this is projected to have favorable effect on low income group population in the U.S. in forthcoming years. All these aforementioned factors are likely to drive expansion of dental services industry across globe.
Report Attributes | Report Details |
---|---|
Report Name | Dental Services Market Research Report |
Market Size in 2021 | USD 302.4 Billion |
Market Forecast in 2028 | USD 556.3 Billion |
Compound Annual Growth Rate | CAGR of 6.5% |
Number of Pages | 168 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | InterDent, Inc., Aspen Dental Management Inc., Apollo White Dental, National Health Service England, The British United Provident Association Limited, Abano Healthcare Group Limited, Dental Service Group, Coast Dental, and Axis Dental. |
Segments Covered | By Type, By End User, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2021 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Make Notable Contributions Towards Overall Market Size By 2028
Expansion of dental services market in North America over forecast timespan can be credited to preventive approach of government under healthcare schemes such as Medicaid, U.S. Affordable Car Act, and HP2020. Increase in allocation of funds by U.S. government to dental projects will drive industry growth in sub-continent. Rise in need of oral care solutions in countries such as Canada and the U.S. will elevate regional market size.
Key players influencing market growth and profiled in our market research report are:
FrequentlyAsked Questions
The global Dental Services Market is projected to expand over 2021-2028 The market for dental services has grown as a result of the increasing importance placed on oral health and awareness that poor dental hygiene can damage one's self-image and quality of life as well as cause social stigma and low self-esteem.
According to study, the global Dental Services Market accrued earnings worth approximately 302.4 (USD Billion) in 2020 and is predicted to gain revenue of about 556.3 (USD Billion) by 2028, is set to record a CAGR of nearly 6.5% over the period from 2021 to 2028.
The global Dental Services Market is led by players like InterDent, Inc., Aspen Dental Management Inc., Apollo White Dental, National Health Service England, The British United Provident Association Limited, Abano Healthcare Group Limited, Dental Service Group, Coast Dental, and Axis Dental.
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