Showing posts with label International Dental Support Organization. Show all posts
Showing posts with label International Dental Support Organization. Show all posts

Thursday, April 20, 2023

Global Dental Services Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD Bn By 2027 – Ken Research

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What Is The Size Of Global Dental Services Industry?

The Global Dental Services Market is largely driven by growing awareness about dentistry among people, the rising prevalence of dental caries & other periodontal diseases, and technological developments in dentistry.

The increasing prevalence of tooth disorders is one of the key factors responsible for driving the global market growth. Tooth decay, periodontal disease, and malocclusion are the key disorders contributing to the increased demand and adoption of a wide range of implants, prosthetics, and intraoral scanners.

The Dental industry is experiencing a growth as a result of rising public awareness and a rise in the number of people choosing to improve their dental aesthetics. The industry has expanded rapidly as a result of public awareness of dental implant technology and treatments.

Artificial intelligence (A.I.) and machine learning (ML), which are examples of digital technology, have improved acceptance of innovative items in the market. Another important development in the industry is the application of robotic engineering to dental operations. The future norm in implantology will soon be less invasive, robot-assisted surgery.

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Global Dental Services Market By Type Of Services

The Global dental services market is segmented by type of services into Orthodontics, Periodontics, Endodontics, Cosmetic Dentistry, Prosthodontics, Implant ology and Others.

On the account of escalating demand for cosmetic and dental implants hold the major share of global dental service market while cosmetic dentistry is the fastest growing segment owing to correct imperfections in the appearance of the mouth.

Global dental services Market by End Users

The Global dental services market is segmented by Dental Clinics and Hospitals.

The dental clinics segment dominated the industry and accounted for the maximum share of more than half of the overall revenue. The segment is projected to expand further at the fastest growth rate maintaining its leading position throughout the forecast period.

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report 

  • Dental Service Providers
  • Dental Equipment Distributors
  • Dental Equipment Manufacturers
  • Dental Clinics
  • Hospitals
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities
  • Existing dental service providers
  • New Market Entrants
  • Investors
  • Dental care Associations

Time Period Captured in the Report

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

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Global Dental Services Market

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Monday, April 17, 2023

Despite The Pandemic And Increased Lab Fees, Global Dental Services Market Is Set To Cross More Than USD 60 Bn In The Coming Five Years: Ken Research

                                                                                                                                  Buy Now

Global Dental Services Market which reached a value of more than USD 35 billion in the year 2022. The dental service industry is further expected to grow at a robust CAGR by 2027, says a report by Ken Research

1. Total Number of Dentists Has Got Doubled Since The Last Decade: With India At The Top.

Global Dental Services Market

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As per the dental services industry research- market value of the dental services industry increased at around 5% CAGR, wherein, countries such as India, Japan, U.S., UK, China, and South Korea held significant share in the global market. The continuous surge in consumer's awareness towards dental care has been propelling the demand for dental services market. Owing to this, dental services market is projected to grow at a CAGR of more than 6% over the coming 10 years.

2. Pandemic Impact Was Insignificant: Nearly 60% Of The Dentists Believe Covid-19 Has Not Impacted The Products Or Services They Offer.

Global Dental Services Market

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Oral health service provision has not been significantly affected by COVID-19, although access to routine dental care was reduced due to country-specific temporary lockdown periods. While the dental profession has been identified at high-risk, the reported rates of COVID-19 for dental professionals were not significantly different to those reported for the general population in each country. Compared to many other businesses, the impact of COVID-19 on the dental services sector was less severe. In spite of significant setbacks to several businesses, the dental services sector grew strongly in 2019 at an average rate of 5.6%. Dental professionals believe that individuals' increased attention to oral cleanliness during the epidemic may have contributed to the industry's development. Also, people's awareness of their looks has grown, therefore even if the sector experienced some low points at one point or another, it rapidly bounced back.

3. Nearly 50% Of Dentists Reported That Lab Fees Increased More Than 1-10%, Such High Cost For Dental Services To Hamper The Dental Market Growth.

Global Dental Services MarketReimbursements and treatment costs are two significant variables that affect the services provided to patients. Nonetheless, market expansion is considerably constrained, particularly in developing nations, by the high cost of therapy and low reimbursement. More than 40 % of dentists reported staff wages had increased by more than 1-10%. The high-cost causes treatment delays and cancellations, which somewhat lowers the adoption of consumables. Also, compared to other types of healthcare insurance, the dental insurance offered for the treatment is substantially less expensive. Private health insurance or personal funds are used for the majority of the funding. The expansion of the dental sector is constrained by the decrease in patient visits and treatments caused by such low insurance and reimbursement rates. 

For more insights on the market intelligence, refer to the link below:-

Global Dental Services Market

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