Cosmetic Dentistry Market – Increasing Demand For Single-Tooth Implants, Veneers, And Crowns Worth USD 30.1 billion

This study involved four major activities in estimating the current size for cosmetic dentistry market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the number of breast lesion localization procedures and the value market. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Expected Revenue Growth:

[255 Pages Report] The market for cosmetic dentistry market is expected to grow from USD 21.9 billion in 2020 to USD 30.1 billion by 2025, at a CAGR of 6.6%

COVID-19 Impact on Cosmetic Dentistry Market:

The Covid-19 pandemic has largely impacted healthcare delivery globally since December 2019. Several dental events have been postponed due to the COVID-19 pandemic. For instance, KRAKDENT 2020, the largest dental show in Poland and an event that attracts over 15,000 visitors from across the globe, has been rescheduled. The CEO of Straumann Group, Guillaume Daniellot, announced that the COVID-19 outbreak was expected to reduce sales in the Asia Pacific in FY 2020 by at least USD 31 million. DENTSPLY Sirona recently predicted that its sales in the Chinese, South Korean, Taiwanese, and Japanese markets would fall by a cumulative USD 60–70 million in FY 2020. Furthermore, due to the COVID-19 outbreak, many dentists have preferred not to open their clinics, opting instead for phone consultations and prescribing antibiotics. Dentists, including endodontists, feel that providing physical therapy may be a risk till the pandemic is suppressed.

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Major Market Dynamics:

1. Growing consumer awareness and rising focus on aesthetics
2. Increasing prevalence of oral health disorders
3. Rising dental tourism in emerging markets
4. Development of technologically advanced solutions
5. Increasing number of dental laboratories investing in CAD/CAM technologies

Key Players Mentioned in The Research:

1. Henry Schein (US)
2. DENTSPLY Sirona (US)
3. Envista Holdings (US)
4. Align Technology, Inc. (US)
5. Straumann Holdings AG (Switzerland)
6. 3M Company (US)
7. Kuraray Co. Ltd. (Japan)
8. Planmeca Group (US)
9. Zimmer Biomet Holdings, Inc. (US)
10. Roland DG (Japan)

The geographical regions mapped in the report are:

1. North America
2. Europe
3. Asia-Pacific
4. Rest of the World (RoW)

Geographically, the cosmetic dentistry market is segmented into North America, Europe, the Asia Pacific and Rest of the World. The increasing significance of aesthetics, growth of the aging population, willingness to spend out-of-pocket, and rising awareness of oral hygiene and aesthetics are the primary drivers for the growth of the European markets.

Dental systems & equipment accounted for the largest share of the cosmetic dentistry market in 2019

By product, the market is segmented into dental implants, bridges, crowns, veneers, braces, bonding agents, composites inlays & onlays, and dental systems & equipment. In 2019, the dental systems & equipment segment accounted for the largest share of the market, mainly due to the widespread use of instruments such as handpieces, dental chairs, and CAD/CAM technology in various cosmetic procedures. The orthodontic braces segment is expected to grow at the highest CAGR during the forecast period.

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Recent Developments:

In February 2020, Kavo Kerr (US) launched KaVo IXS Sensors. This product launch will broaden the company’s portfolio.

In September 2019, Henry Schein One (US) acquired Lighthouse 360 (Georgia) to expand Henry Schein One’s marketing and client communication solutions

In July 2019, A-dec, Inc. (US) acquired Dean Dental Systems (US) to expand A-dec’s product offerings and develop innovate solutions for the dental industry

In February 2019, 3Shape launched TRIOS 3 Basic intraoral scanner. This product launch will broaden the company’s portfolio

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