Number of pages: 100 | Report Format: PDF | Published date: February 02, 2023
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
Report Attribute |
Details |
Market Size Value in 2021 |
US$ 21 billion |
Revenue Forecast in 2030 |
US$ 42.68 billion |
CAGR |
8.2% |
Base Year For Estimation |
2021 |
Forecast Period |
2022-2030 |
Historical Year |
2020 |
Segments Covered |
Product Type, End user, and Region |
Regional Scope |
North America, Europe, Asia Pacific, and the Rest of the World (RoW) |
According to the deep-dive market assessment study by Growth Plus Reports, the global cosmetic dentistry market was valued at US$ 21 billion in 2021 and is expected to register a revenue CAGR of 8.2% to reach US$ 42.68 billion by 2030.
Cosmetic Dentistry Market Fundamentals
Cosmetic dentistry is a type of dental care that concentrates on making the oral structure appear superior. It mainly focuses on improving the appearance of the teeth in terms of color, position, contour, size, symmetry, and complete smile. A more evenly distributed, symmetrical, and aesthetically beautiful smile is the goal of cosmetic dentistry. Teeth whitening, dental bonding, veneers, and tooth and gum remodeling are examples of common cosmetic dentistry procedures. The most popular cosmetic dentistry procedure is teeth whitening. It enables patients to alter their smiles in a perceptible way without having to endure intrusive procedures. Cosmetic dentistry procedures can improve a smile, brighten discolored or dull teeth, enhance the shape of the teeth, and cover up chips and cracks. The type of aesthetic operation and the number of teeth that require treatment determine how long the recuperation will take. For instance, a person with dental bonding on just one tooth can quickly get back to their regular routine.
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Cosmetic Dentistry Market Dynamics
As more people are inclined toward improving their dental aesthetics, this business has made significant strides in the past few years. Due to age-related dental problems, the geriatric population, in general, has contributed to the expansion of the global cosmetic dentistry market. Increased demand for dental cosmetics and restoration operations due to the growing relevance of aesthetics has multiplied the demand for cosmetic dentistry products. The most common procedures in aesthetic dentistry include malocclusion, teeth whitening, and alterations to the appearance of an individual’s teeth. A key factor driving revenue growth in the cosmetic dentistry market is dental tourism. Additionally, the adoption of cutting-edge technologies in dentistry, such as robotics, CAD/CAM technology, and 3D printers, contributes to the revenue growth of the global cosmetic dentistry market. Moreover, the market size for aesthetic dentistry is expected to grow as a result of investments made by dental technology businesses in new products that use minimally invasive methods and equipment, such as dental lasers.
Conversely, the high price of the products is one of the major challenges faced by key players operating in the market.
Cosmetic Dentistry Market Ecosystem
The global cosmetic dentistry market has been analyzed from three perspectives: product type, end user, and region.
Cosmetic Dentistry Market by Product Type
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Based on the product type, the global cosmetic dentistry market has been segmented into dental implants, orthodontic braces, dental crowns & bridges, dental veneer, dental systems & equipment, bonding agents, inlays & Onlays, and whitening.
The dental systems and equipment segment is sub-segmented into dental scaling units, dental CAM/CAD systems, dental lasers, dental chairs, dental handpieces, and light-curing equipment. The dental systems and equipment segment accounts for the highest revenue share of the global market due to a variety of uses of these systems and equipment in the dentistry sector.
The orthodontic braces segment is anticipated to develop at the fastest revenue CAGR during the forecast period. Campaigns and efforts such as National Smile Month and Dental Buddy from the Oral Health Foundation are spreading awareness about various dental products, dental health, and attractiveness. These efforts are helping in the revenue growth of the segment. Moreover, a rise in the trend of greater emphasis on aligning the oral anatomy, which is more crucial than any other cosmetic dental procedure, is fueling revenue growth in the segment. Growing self-esteem, improving disposable income, increasing usage of CAD/CAM technology and 3D printing, expanding usage of clear aligners, and increasing incidence of dental anomalies in permanent teeth are contributing to this industry’s growth.
Cosmetic Dentistry Market by End User
Based on the end user, the global cosmetic dentistry market is segmented into dental hospitals and clinics, dental laboratories, and others.
The dental hospitals and clinics segment accounted for a significant revenue share of the cosmetic dentistry market in 2021. This is attributed to the rising adoption of newer technologies and increasing number of clinics and hospitals in developed and developing countries. Moreover, the rising demand for cosmetic dental procedures is likely to boost the demand for dental equipment in hospitals and clinics.
The dental laboratories segment is anticipated to register revenue growth at the fastest CAGR during the forecast period. This can be ascribed to rise in the number of government-recognized dentists who work with dental labs to make dental prostheses, such as crowns, bridges, or other dental restorations.
Cosmetic Dentistry Market by Region
Based on the region, the global cosmetic dentistry market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World.
The global cosmetic dentistry market is commanded by North America both in terms of procedure volume and product revenue. This is attributed to technical developments and rise in the number of individuals opting for cosmetic dentistry operations. Additionally, the region’s high acceptance of and openness toward aesthetic procedures and rise in appearance consciousness are expected to fuel the market revenue growth in the next few years. Furthermore, the market in North America is anticipated to develop at a rapid pace during the forecast period owing to increase in the disposable income of the regional population. Additionally, rising costs of healthcare, accessibility of licensed specialists, improved quality of the healthcare system, and ease with which aesthetic services can be obtained are several key factors driving revenue growth in the North America market.
The market in Asia Pacific is anticipated to register revenue growth at the fastest CAGR during the forecast period owing to improving disposable income of people in developing nations, such as China and India. Increase in the focus of regional people on enhancing their dental health for cosmetic purposes is fueling the Asia Pacific market revenue growth. Moreover, rapid growth in dental tourism has helped boost the regional industry due to the extensive range of dental operations available in this region.
Cosmetic Dentistry Market Competitive Landscape
The prominent players operating in the global cosmetic dentistry market are:
Cosmetic Dentistry Market Strategic Developments
The global cosmetic dentistry market is expected to register a revenue CAGR of 12.8% during the forecast period from 2022 to 2030.
Beckman Coulter, Dentsply Sirona, Zimmer Biomet Holdings, Inc., and Institut Straumann AG are among the key players in the global cosmetic dentistry market.
The dental systems and equipment segment dominates the global cosmetic dentistry market.
The market in Asia Pacific is expected to register revenue growth at the highest revenue CAGR during the forecast period from 2022 to 2030.
The global cosmetic dentistry market was valued at US$ 30 billion in 2021.
*Insights on financial performance are subject to the availability of information in the public domain