According to a new report published by Allied Market Research, titled, “cosmetic dentistry, by product type, end-user, and age group: global opportunity analysis and industry forecast, 2021–2030,” the global cosmetic dentistry market size was valued at $14.8 billion in 2020 and is projected to reach $24.3 billion by 2030 registering a CAGR of 5.20% from 2021 to 2030.
Cosmetic dentistry, also known as aesthetic dentistry, has not been clearly defined by the American Dental Association (ADA). However, dentists define it as the method of dentistry that improves a patient’s smile and self-image. Cosmetic dentistry focuses on improving appearance of the teeth, mouth, and smile. Common cosmetic dentistry options include whitening, reshaping, bonding, bridging, veneers, implants, gum lifts, straightening, and bite reclamation.
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COVID-19 scenario analysis:
1) The COVID-19 impact on the Cosmetic Dentistry Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.
3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.
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COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The COVID-19 pandemic has restrained the industry growth significantly as demand for cosmetic dentistry decreased as all routine dental care has been suspended in countries experiencing COVID-19 disease during the period of pandemic as dentists, auxiliaries, as well as patients undergoing dental procedures are at high risk of cross-infection in the COVID-19 pandemic. Thus, the outbreak of COVID-19 has negatively impacted the cosmetic dentistry market.
Key Findings of the Cosmetic Dentistry Market:
By product type, the dental systems and equipment held largest share in the global market in 2020.
By end user, the dental hospitals & clinics held largest cosmetic dentistry market share in 2020 and is expected to remain dominant throughout the forecast period.
By age group, the adult dominates the global cosmetic dentistry market in 2020 and is anticipated to continue this trend during the forecast period.
By region, North America is expected to experience growth at the highest rate, registering a CAGR of 4.60% during the forecast period.
List of Key Players Profiled in the Report:
3M Company, Align Technology, Inc., DENTSPLY Sirona, Envista Holdings, Henry Schein, Kuraray Co. Ltd., Planmeca Group, Roland DG, Straumann Holdings AG, and Zimmer Biomet Holdings, Inc.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.