Dental Services Market Characteristics
The dental services market consists of sales of dental services and related goods by entities (organizations, sole traders and partnerships) that provide dental services. This industry includes establishments that provide general dentistry, oral surgeries and orthodontics and prosthodontic services.
Competitive Landscape of the Dental Services Market
Major players in the global dental services market include National Health Service, IDH and Aspen Dental.
Dental Services Market Size
The dental services market size is expected to reach above $600 billion by 2022, significantly growing at a CAGR of nearly 10% during the forecast period. The growth in the dental services market is due to rising ageing population, growing awareness of dental treatment services among patients and health insurance reforms.
However, the market for dental services is expected to face certain restraints from several factors such as weak wage growth in developed economies, unregistered dentists and limited coverage for dental services.
Dental Services Market Segmentation
The global cement and concrete product manufacturing market is further segmented based on type and geography.
By Type Of Dental Service - The dental services market is segmented into general dentistry, oral surgery, orthodontics and prosthodontics, restorative services, maintenance and follow up services, preventive services, diagnostic services and endodontic surgery. Among these segments, the general dentistry market accounts for the largest share in the global dental services market.
By Geography - The global dental services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American dental services market accounts the largest share in the global dental services market.
Trends in the Dental Services Market
Dental franchise model, preference for ceramics and adoption of advanced technologies such as CAD/CAM units, digital radiography, 3-D printers, high-definition (HD) cameras and caries detection devices are the major trends witnessed in the global dental services market.
Potential Opportunities in the Dental Services Market
With increasing investments in healthcare reforms, economic growth and dental tourism, the scope and potential for the global dental services market is expected to significantly rise in the forecast period.