![]() |
Dental Service Market |
Dental services refer to diagnostic, preventive, restorative, and surgical care treatment provided by dentists and other professionals to maintain oral health and treat dental problems. Rising awareness regarding oral hygiene and increasing prevalence of dental diseases primarily drive the demand for dental services.
The global dental service market is estimated to be valued at US$ 640.2 billion in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period from 2024 to 2031.
Key players operating in the dental service market are Aspen Dental Management Inc., Pacific Dental Services, InterDent, Inc., Smile Brands Inc., American Dental Partners, Inc., Dental Care Alliance, LLC, Western Dental Services, Inc., Great Expressions Dental Centers, Gentle Dental of New England, Coast Dental, Southern Dental Alliance, MyDentist, Abano Healthcare Group, 1300SMILES, HealthPartners Dental Clinic, Q & M Dental Group, Apollo White Dental, and Axis Dental. These market leaders provide a wide range of dental care services including general dentistry, specialty dentistry, dental implants, teeth whitening, orthodontics, oral surgery, and pediatric dentistry. Their widespread network of clinics enables patients to easily access dental treatments.
Key Takeaways
Key players: Aspen Dental Management Inc., Pacific Dental Services, InterDent, Inc., Smile Brands Inc., American Dental Partners, Inc., Dental Care Alliance, LLC, Western Dental Services, Inc., Great Expressions Dental Centers, Gentle Dental of New England, Coast Dental, Southern Dental Alliance, MyDentist, Abano Healthcare Group, 1300SMILES, HealthPartners Dental Clinic, Q & M Dental Group, Apollo White Dental, Axis Dental
Key players operating in the Dental Service Market Growth are adopting strategies such as new clinic expansion, dental service acquisition, and digital platform integration to consolidate their market position. For instance, in 2021, Smile Brands acquired 123 Dental clinics in the Midwest region adding over 200 dentists and expanding across 12 states.
Key opportunities: Rising disposable incomes in developing economies have increased consumer spending on dental treatments. Promising opportunities exist in countries like India, China, Brazil, and Southeast Asia where dental tourism is also gaining prominence. Growing medical tourism industry will further fuel cross-border flows of dental patients seeking advanced yet affordable care abroad.
Global Expansion: Key players are actively pursuing global expansion through new clinic openings and acquisitions. Pacific Dental Services entered international markets by investing in Costa Rica, Panama, and Mexico. Similarly, Abano Healthcare established foreign operations in New Zealand through acquisition of Kiwidental Limited. International expansion allows leveraging resources and expertise across wider geographies.
Market drivers:
Increased healthcare spending, growing geriatric population susceptible to oral diseases, and changing lifestyles leading to excessive sugar consumption are key growth drivers for the Dental Service Market Trends. According to the WHO, 60-90% of school children and nearly 100% of adults have dental cavities pointing to the widespread need for dental services.
Market restrain:
High cost of dental treatments represents a major barrier, especially in underdeveloped regions. Dearth of dental professionals and infrastructure in rural areas also limits market growth. In addition, reimbursement issues related to dental insurance in some countries hamper the affordability of dental care services.
Segment Analysis
The dental service market can be segmented by service type into preventive care, restorative care, and others. Within these, the preventive care segment currently dominates the market accounting for over 40% share. This is because preventive care helps save money by detecting and treating dental issues at an early stage thereby reducing need for further advanced treatment. Common preventive care includes teeth cleaning, oral cancer screening, fluoride treatment, sealants, etc which are usually part of regular dental checkups.
Global Analysis
The North American region has traditionally been the largest market for dental services globally owing to high disposable incomes, growing medical tourism, advanced dental technologies and increasing dental insurance coverage in countries like the US and Canada. However, the Asia Pacific region is witnessing fastest growth and emerging as a lucrative market driven by rapidly growing economies, rising medical standards, increasing demand for cosmetic and restorative dentistry in countries like China, India, Thailand and South Korea. Countries continue investing in oral healthcare infrastructure and dental workforce training programs to meet the growing needs.
Get more insights on Dental Service Market
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
Comments
Post a Comment