The Global Cosmetic Dentistry Market Reports Rise at 6.71% between 2020 and 2027

October 26 17:41 2020
The Global Cosmetic Dentistry Market Reports Rise at 6.71% between 2020 and 2027
GLOBAL COSMETIC DENTISTRY MARKET SIZE STUDY, BY PRODUCT (DENTAL IMPLANT, DENTAL BRIDGE & CROWN, ORTHODONTIC BRACES, DENTURE, DENTAL LASER, DENTAL HANDPIECE, BONDING AGENT, DENTAL CHAIR, CAD/CAM SYSTEM, RADIOLOGY EQUIPMENT) END- USER (DENTAL HOSPITALS AND CLINICS, DENTAL LABORATORIES, OTHER) AND REGIONAL FORECASTS 2020-2027

Report Ocean has recently added a new research report on the global cosmetic dentistry market to its vast base of market studies. The report is titled “Global Cosmetic Dentistry Market Size study, by Product (Dental Implant, Dental Bridge & Crown, Orthodontic Braces, Denture, Dental Laser, Dental Handpiece, Bonding Agent, Dental Chair, CAD/CAM System, and Radiology Equipment) End User (Dental Hospitals and Clinics, Dental Laboratories, and Other) and Regional Forecasts 2020-2027.” This report has been produced after analyzing the whole market thoroughly. It aims to offer a deep insight into this market to its readers.

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As per the study, the increase in beauty-consciousness and focus on dental aesthetics is boosting the global cosmetic dentistry market substantially. Consumers, nowadays, are quite conscious about their looks and do not hesitate in going under knife to change what they do not like about their physical features. The American Academy of Cosmetic Dentistry (AACD) has stated in a report that approximately US$2.75 bn is spent on cosmetic dentistry every year in the US alone.

Going forward, the worldwide market for cosmetic dentistry is expected to gain impetus from the increase in dental tourisms in developing countries. The emergence of innovative treatment methods and a surge in the cases of dental diseases, such as caries, across the world is also projected to add to the growth of this market in the years to come. On the flip side, the high cost of dental imaging systems and the absence of reimbursement policies for cosmetic procedures may limit the market a bit over the period of the forecast. However, the increasing R&D activities will open new windows for market players in the long run.

The global market reached a valuation of approximately US$20.53 bn in 2019 and is projected to rise at a CAGR of more than 6.71% over the period from 2020 to 2027, reports the study.

In terms of the region, the worldwide market for cosmetic dentistry is considered to have a presence across Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Among all, North America has acquired the leading position and is expected to retain it over the period of the forecast. The increasing demand for dental cosmetic surgeries among consumers in the region is the key factor behind the growth of the North America cosmetic dentistry market.

The market for cosmetic dentistry in Asia Pacific is another regional market that is reporting a significant rise in its share. The increasing knowledge about cosmetic surgeries for teeth and rising disposable income, enabling then to afford these surgeries, are likely to boost this regional market over the next few years, states the research report.

Impact of Covid 19 on Global Cosmetic Dentistry Market

The global economic slowdown due to the Covid pandemic is also reflected on the worldwide market for cosmetic dentistry. The investments in R&D have decreased, which is hampering the growth of this market. Also, the cash crunch among consumers has left them avoiding non-necessary expenses as of now. However, the momentum in this market is likely to return as the economy begins to recover.

Key Findings:

  • North America has acquired the leading position and is expected to retain it over the period of the forecast.
  • Asia Pacific is also reporting a significant rise in the global cosmetic dentistry market.

The global cosmetic dentistry market is classified into:

By Product

  • Dental Implant
  • Dental Bridge & Crown
  • Orthodontic Braces
  • Denture
  • Dental Laser
  • Dental Handpiece
  • Bonding Agent
  • Dental Chair
  • CAD/CAM System
  • Radiology Equipment

By End User

  • Dental Hospitals and Clinics
  • Dental Laboratories
  • Other

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

Companies Mentioned in the Report

  • Henry Schein
  • DENTSPLY Sirona
  • Envista Holdings
  • Align Technology, Inc.
  • Straumann Holdings AG
  • 3M Company
  • Kuraray Co. Ltd.
  • Planmeca Group
  • Zimmer Biomet Holdings, Inc.
  • Roland DG

READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=bw1493

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