Global cosmetic dentistry market size, share, trends, analysis and forecast. – Hunter Women Chronicle
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The cosmetic dentistry market is expected to grow at a CAGR of 12.8% over the next five years. Adoption of effective treatment plans, increase in demand from aesthetic point of view, and significant government initiative in prevention and awareness will propel the global cosmetic dentistry market. By 2025, the global cosmetic dentistry market has generated over $127 billion in annual revenue. With a team of experienced professionals at your disposal, the Integrated Office of Dental Professionals is able to offer all-inclusive examinations, including cosmetic consultations and provide you with the assistance you need in the form of dentistry services. high end affordable.
Industry analysis
The global cosmetic dentistry industry market size is expected to reach $143.7 billion in 2020, from $196.2 billion in 2018, with a forecast compound annual growth rate (CAGR) of 4.5% over the period 2017-2020. This can be attributed to increasing per capita disposable income and favorable policies that have encouraged the demand for dental services in an increasing number of additional countries during the forecast period.
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Global Cosmetic Dentistry Market Size, Share, Trends and Forecasts to 2025
In recent years, there has been a boom in the cosmetic dentistry industry. In 2010, the global cosmetic dentistry market size was estimated at $25 billion and recorded a CAGR of 29% from 2012 to 2017. The United States is currently the largest market by value for cosmetic dental procedures. In 2016, it accounted for more than 43% of the global share of cosmetic dentistry procedures.
Key drivers and impact of factors on the cosmetic dentistry market
The global cosmetic dentistry market size was $9,152.8 million in 2018 and is projected to reach $18,179.4 million by 2023, growing at a CAGR of 4.34% from 2018 to 2023. There is significant demand for cosmetic dentistry services and technology among the innovative cosmetology market. The technologies used in all branches of dentistry are continually evolving to meet the needs of their patients, which in turn reflects changing fashion trends.
Industry operations (dentists, dental clinics)
Dentists and other operators need the proper skills, training and education to run a successful practice. Without a recognized dental degree, companies in the Asia-Pacific region will account for 23% of the global market by 2020 while North America will fall short with 17%. Dentists and dental establishments are steadily expanding globally. Dentists are populating the global market to meet the demand of people with dental needs in areas where they struggle to access quality healthcare. The industry is growing rapidly, mainly because its services cover all demographic groups, including women, children, and multicultural groups.
Oral health disorder (sedimentation or staining, tooth discoloration or decay) scaling prosthesis)
GCD – This is the term used to describe the erosion of dental tissue caused by factors such as dental plaque, acid decay or periodontal disease. Patients who suffer from this disease may need a dental professional to stabilize their teeth. For example, using equipment or mouth guards. GCDs are common in many age groups and genders.
Company value per participant and its trend analysis
The cosmetic dentistry market is expected to reach a value of USD 23.17 billion by 2023 with the growing need for cosmetic dentistry treatments, improving skilled labor requirements, government promotion of treatments specific low cost for low income segments and the emergence of new therapies such as Botox and dental implant system therapy. The cultural and financial demand for cosmetic dentistry is skyrocketing and the market itself will grow significantly. In 2011, consumers aged 18 and over spent $11.2 billion on cosmetics and aesthetic medical services, excluding teeth whitening. With a CAGR of 12%, this market is expected to reach $13.06 billion by 2020.
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Conclusion
The market size of the global cosmetic dentistry industry is expected to grow at a CAGR of 12.9% during the forecast period (2018-2027). The growing demand for dental implants and aesthetic treatments are the main drivers of this growth. The aging of the population and the increase in the number of preventive care due to oral cancer are some of the obstacles that create challenges in the industry. Global Cosmetic Dentistry market size, available market share of various segments, industry and forecast data is provided for full period and for six regions (North America, Europe, Asia-Pacific, Latin America, Middle- East and Africa and rest of the world) by type of dental technology (Implants & Inlays/Onlays).