Global Cosmetic Dentistry Market - 2023-2030
Global Cosmetic Dentistry Market reached US$ XX million in 2022 and is expected to reach US$ XX million by 2030, growing at a CAGR of XX% during the forecast period 2023-2030.
Cosmetic dentistry helps beautify the smile and helps improve the appearance of a person. The common procedures of cosmetic dentistry include teeth whitening, dental bonding, and dental veneers. It even offers to improve the appearance of gums and teeth.
Cosmetic dentistry involves primary elective, that is the procedures involved are done by focussing on the appearance and to improve the aesthetics rather than the dental health issues. It has been gaining importance because of the increased demand for aesthetics and the thought of looking better.
Market Dynamics: Drivers & Restraints
Rising consumer awareness and growing focus on aesthetics
The increase in demand for aesthetic dentistry has been driving the market growth with the increase in the awareness among individuals upon their appearance. The desire to appear attractive and to increase self-confidence in one's life is increasing the demand for aesthetic dentistry.
There is a rapid increase in the demand for cosmetic dentistry from individuals influenced by the sources. For instance, according to a report published by NIH, a survey by 90% of dental surgeons estimated that there is an increasing demand for aesthetic dental procedures and social media is a major contributor to it.
Additionally, according to the report by the Pennsylvania Dental Association (PDA), it is estimated that around four million Americans, mainly teens (80%), wear braces in order to align their irregular teeth. Thus, an increase in the focus on aesthetics is expected to drive the market growth.
Restraint
High cost associated with the equipment
Dental CBCT systems cost anywhere between USD 150,000 to USD 300,000. while a single-tooth implant costs between $3,000 and $4,500. The high cost of the equipment can hamper the market growth.
Segment AnalysisThe global cosmetic dentistry market is segmented based on product type, end-user and region.
Dental Implants segment accounted for 45.2% of the market share
The increase in the advancements of implanting technology and the increase in the number of implantations holds the segment in the dominant position. The application of dental implantation in cosmetic dentistry is that it improves a person's appearance.
The advancements in implantation technology are expected to drive market growth as individuals choose better treatment options. For instance, on February 23, 2023, ZimVie Inc. launched the RealGUIDE CAD and FULL SUITE modules. The CAD (computer-aided design) module introduces advanced software for restorative design and manufacturing, allowing for detailed and sophisticated implant and tooth restoration.
Additionally, on November 3, 2022, ZimVie launched the TSX implant in the United States. TSX implants are designed for immediate extraction and loading protocols, as well as placement predictability and primary stability in soft and dense bone. Thus, there is an increase in segment growth with the advanced products and technology and is expected to continue throughout the forecast period.
Geographical Analysis
North America is expected to hold a significant position in the global cosmetic dentistry market share
North America has been the dominant force over the years due to the increase in the availability of a number of cosmetic procedures and the presence of the large population seeking to improve their appearances. The increase in the availability of advanced products is expected to drive the market growth in the region.
For instance, on January 26, 2023, OrthoNu launched Tweakz for Braces and Tweakz for Aligners, ushering in an entirely new category of products specifically designed to meet the needs of orthodontic patients.
Additionally, on September 11, 2023, Boston Micro Fabrication (BMF) launched UltraThineer the thinnest cosmetic dental veneers. They have been developed in collaboration with Peking University in Beijing China and they require less preparation by dental professionals and help to preserve tooth enamel.
COVID-19 Impact AnalysisThe COVID-19 has impacted the cosmetic dentistry market negatively. The reduced number of treatments during the period, the postponement of appointments, the delayed patient visits, and other factors have affected the growth of the market during COVID-19. The closure of hospitals for non-emergency treatments and follow-ups for only ongoing treatments have shown a negative impact on the market growth.
Competitive LandscapeThe leading companies in the cosmetic dentistry market with a significant market share include Align Technology, Inc., Dentsply International, Inc., 3M Company, Institut Straumann AG, Biolase, Inc., A-Dec Inc., Planmeca Oy, Millennium Dental Technologies, Inc., Midmark Corporation., Runyes Medical Instrument among others.
Key Developments
• On October 2, 2023, LunaLite Dental unveiled the latest innovation in dental care which includes the LunaLite automated laser-guided dental x-ray positioner.
• On September 18, 2023, Ormco launched Ormco digital bonding for orthodontics. The digital bonding aims to streamline orthodontists' daily workflow and achieve customized bracket positioning by leveraging Damon Ultima brackets and Spark Approver software.
• On June 22, 2023, A-dec launched its first-ever digitally connected delivery systems which include the A-dec 500 Pro and A-dec 300 Pro. It is the first Digitally Connected Dental Chair and Delivery System.
Why Purchase the Report?• To visualize the global cosmetic dentistry market segmentation based on product type, end-user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of cosmetic dentistry market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global cosmetic dentistry market report would provide approximately 61 tables, 56 figures, and 183 Pages.
Target Audience 2023• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies