Global Dental Industry Market (2024-2030):
The global dental industry market was USD 39.56 in 2023 and is projected to reach a value of USD 42.44 billion by the end of 2024, USD 45.53 billion by 2025, USD 48.58 billion by 2026, USD 52.14 billion by 2027, USD 55.94 billion by 2028, USD 60.02 billion by 2029 and is expected to hit over USD 64.4 billion by 2030 with a registered CAGR of 7.3% from 2024 to 2030.
Dental practice owners have seen a shift in the industry, with new technologies and digitization influencing market growth. Cloud-based infrastructure upgrades have also positively impacted the industry. Innovations in dentistry are linking oral disease to medical conditions, fostering collaboration between dental and medical professionals. Emerging technologies foster patient trust and convenience in dental care. Technological advancements like AI and ML are driving market adoption of new products in dental practices. The dental industry is highly competitive, with established players investing in R&D and expanding through strategic initiatives. The dental industry is driven by early diagnosis of periodontal diseases, increased awareness about oral health, and the rise of cosmetic dentistry. Technological advancements, research on dental imaging, and less invasive methods contribute to market growth. The dental industry is experiencing growth in 3D printing, dental sterilization, periodontitis, malocclusion, tooth decay, and CBCT imaging.
The COVID-19 pandemic reduced demand for dentistry products due to lower patient volumes. Key market players experienced a significant revenue decline, primarily due to reduced sales from the technologies & equipment and consumables segment. However, inadequate reimbursement, high costs, and long clinical trial approval periods hinder market growth. High treatment expenses and limited reimbursement in developing countries hinder market growth, leading to treatment cancellations and decreased consumable adoption. About one-fifth of dentate adults avoid dental visits due to price. Low dental insurance and private health insurance financing decrease patient visits and treatments, hindering industry growth.
The dental industry market segmentation includes endodontics, prosthodontics, cosmetic dentistry, periodontics, orthodontics, restorative dentistry, and oral surgery, with cosmetic dentistry dominating due to teeth appearance improvements and endodontics growing rapidly. The dental industry's market segments include resin composites, dental biomaterial, endodontic supplies, dental aesthetics, gingival retraction material, and whitening materials. Whitening material gained prominence in 2023 due to technological advancements. The dental biomaterial is the fastest-growing. The dental industry's market segments include hospitals & clinics, specialty dental centers, and dental academic & research institutes. Specialty dental centers dominate in 2023 due to advanced equipment and specialist services, while academic institutes are rapidly growing due to government investments.
North America dominates the dental industry market due to advancements in dentistry, growing emphasis on dental care, periodontal diseases, dental imaging technology, and increased healthcare expenditure. The European dental industry market, the second-largest globally, is expected to grow due to advancements in dentistry, increasing dental treatments, periodontal disorders, skilled practitioners, and specialized clinics, contributing to its growth. The Asia Pacific dental industry is thriving due to economic growth, quality healthcare access, technological advancements, increasing clinics, geriatric population, and demand for cost-effective treatment and diagnostics services.
Global Dental Services Market (2024-2030):
The global dental services market was USD 453.2 billion in 2023 and is projected to reach a value of USD 474.5 billion by the end of 2024, USD 496.8 billion by 2025, USD 520.14 billion by 2026, USD 544.58 billion by 2027, USD 570.17 billion by 2028, USD 596.96 billion by 2029 and is expected to hit over USD 625.01 billion by 2030 with a registered CAGR of 4.7% from 2024 to 2030.
Dental procedures offer a variety of therapies to improve oral health and hygiene, increasing demand for dental services. The popular trend of smile makeover surgeries is a lucrative sector. The demand for specific treatment methods is driven by dentists' recommendations, with more patients expected to use these services in the future. The COVID-19 pandemic led global dental services market players to shift their strategies to focus on essential services like emergency dental care for tooth fractures, painful caries, and abnormal tissue biopsies. However, the market experienced a drop in revenue due to delays in procedures like oral check-ups, regular cleanings, radiography, cosmetic operations, and orthodontic treatments without pain medication. The demand for invisible braces for realigning and reshaping teeth is growing, leading to significant investment in dental services. Advancements in endodontic technology have boosted root canal treatments. The market for dental services is expected to expand due to new technology and initiatives like free dental care camps and internet advertising. Dental awareness campaigns are gaining popularity in the dental services sector, with collaborations between print and visual media promoting oral health check-ups. Growing dental disease rates, an aging population, and healthcare infrastructure are expected to boost demand. Laser dentistry is expected to gain momentum, with dental clinics being the primary end-user. Mergers and cooperation between insurance companies and dental clinics could boost market growth. The developing-country dentistry services industry is expected to experience growth due to large population bases and government efforts. Dental services, including diagnosis, prevention, and treatment of oral cavity illnesses, are rapidly expanding markets in the healthcare industry. The industry is shifting its delivery model with dental support organizations, leading to the rise of group or corporate practices.
Dental service providers face high costs due to widespread pressure to demonstrate value and contain costs. High equipment costs discourage customers from seeking dental services, negatively impacting the market. The dental services industry is shifting towards dental support organizations (DSOs), and independent business support centres, facilitating in-house treatments like orthodontics and endodontics, introducing corporate or group practices, providing better funding for infrastructure, equipment, and specialist hiring expenses. Dental services are transitioning from metal-based restorations to ceramics-based restorations due to enhanced aesthetics and performance, supported by advanced imaging and cutting techniques. The dental services market is segmented by cosmetic and non-cosmetic procedures, with non-cosmetic dentistry accounting for 92% of the total dental services market in 2023. The dental services market is segmented into general dentistry, orthodontics and prosthodontics, and oral surgery. General dentistry accounts for 66% of the total dental services market in 2023. The general dentistry market is divided into restorative, preventive, and diagnostic services. Restorative services accounted for 42% of the total dental services market in 2023, while diagnostic services are expected to grow at a 9% CAGR from 2024-2030. The orthodontics and prosthodontics market is segmented by the orthodontics dental market and prosthodontics dental market, orthodontics is the largest segment accounting for 52.2% of the market in 2023. The fastest-growing segment is expected to be the prosthodontics market 2024-2030. The Oral Surgery market is divided into Dental Implantation Services, Endodontic Surgery, and Oral and Maxillofacial Surgery. The dental implant services market accounted for 69% in 2023, while oral and maxillofacial surgery is expected to grow at 9% CAGR. North America dominated the oral care market in 2023, with a revenue share of over 47%. Factors like preventive dentistry, independent clinics, R&D, and rising disposable income contributed to this growth. Government funding for dental programs and Medicare is expected to boost demand. The Asia Pacific is expected to experience a 7% growth from 2024 to 2030 due to increasing clinics, dental tourism, R&D, and oral care awareness.
Global Dental Equipment Market (2024-2030):
The global dental equipment market was USD 11.28 billion in 2023 and is projected to reach a value of USD 12.12 billion by the end of 2024, USD 13.02 billion by 2025, USD 13.99 billion by 2026, USD 15.03 billion by 2027, USD 16.15 billion by 2028, USD 17.36 billion by 2029 and is expected to hit over USD 18.66 billion by 2030 with a registered CAGR of 7.5% from 2024 to 2030.
The dental equipment market is experiencing growth due to rising oral health awareness, technological advancements, and increasing demand for cosmetic dentistry. The market includes examination instruments, dental chairs, X-ray machines, radiology equipment, sterilization equipment, dental lasers, handpieces, impression materials, curing lights, imaging systems, and anesthesia, is crucial for dentists and dental professionals to diagnose, treat, and maintain oral health, ensuring patient comfort and promoting faster healing. The dental equipment market is experiencing growth due to technological advancements in cosmetic dentistry, dental radiology, dental lasers, and imaging equipment. The dental sector is utilizing new materials like dental lasers for minimally invasive procedures, while adhesive dentistry is rapidly growing. Advances in diagnostic and treatment technology are expected to fuel market growth, making dental equipment more accurate, less painful, faster, and cost-efficient. In 2023, the orthodontic segment dominated the global dental equipment market due to its focus on misaligned teeth and jaws, while dental laser equipment dominated due to its painless and quick procedures. Orthodontics and dental lasers offer benefits like increased patient comfort, reduced anesthetic consumption, and quicker process times. By end user, hospitals dominate the global dental equipment market in 2023 due to improved access to technology, increasing dental sections, and rising oral problem prevalence.
The dental equipment market is experiencing strong demand due to growing preference for minimally invasive procedures, increased demand for dental implants and orthodontics, emphasis on infection control, and shift towards digital imaging systems. The dental industry is expanding due to technological advancements, such as computer-aided manufacturing and CAD, leading to a rise in dental laboratories worldwide. This growth is creating opportunities for the growth of the dental equipment market in the forecast period.The market is witnessing advancements in dental equipment, including AI and ML integration, teledentistry, eco-friendly manufacturing, and increasing demand for portable devices. The AI in the dental equipment market is growing rapidly, with a CAGR of 30%. It offers enhanced diagnostic capabilities, precision treatment planning, and real-time assistance. Manufacturers and developers should invest in research and collaboration with dental professionals. The dental equipment market is undergoing significant technological advancements, including digital dentistry, dental lasers, 3D printing, and cone-beam computed tomography for high-resolution imaging.
The dental equipment market plays a crucial role in maintaining oral health, preventing diseases, facilitating efficient procedures, supporting clinic growth, and contributing to the healthcare industry's economic growth. The demand for dental services is increasing due to factors like well-being, personality, and dental awareness. However, there is a global shortage of trained dental practitioners, particularly in developing regions, which poses a significant challenge for the growth of the dental equipment market. High costs, stringent government regulations, and stringent manufacturing guidelines hinder growth of dental equipment market. Despite these challenges, the market is expected to see potential opportunities for key players in the development of cost-effective and high-quality dental equipment.
North America dominates the global dental equipment market with a 37% revenue share due to infrastructure, healthcare expenditure, and technological advancements. The Asia-Pacific region is the fastest-growing, driven by rising consumer awareness, geriatric populations, dental tourism and infrastructure investments in developing countries like India, China, Japan, and South Korea. Dental tourism in Latin America and the Middle East is growing due to expensive treatment in developed regions and government regulations boosting market growth.