Dental Services Market Market Revenue To Expands USD 453.44 Bn In 2023

Published Date : 12 May 2023

The global dental services market revenue is expanding at USD 453.44 billion in 2023 and is expected to attain around USD 699.7 billion by 2032, poised to grow at a remarkable CAGR of 4.93% during the forecast Period 2023 and 2032.

Growing dental implants, the increasing need for aesthetic dentistry, developing dental tourism, and technical developments in the dental industry are all driving up demand for dental services.

Market Overview:

Services for diagnosing, preventing, treating, or curing a dental issue, illness, injury, or affliction are referred to as dental services. The treatment of conditions affecting the mouth, teeth, gums, jaws, and related face tissues is known as oral and maxillofacial surgery. Patients with jaw cysts or mouth cancer can also be treated with maxillofacial surgery. Laser dentistry is the use of unique laser equipment in dental procedures. When a tooth is severely damaged, diseased, or broken, root canal therapy is an essential procedure. Early removal of impacted third molars is advised to prevent the risks associated with maintaining these teeth in their affected positions and to reduce upcoming surgical risks.

A more cautious approach to the third molar is based on the idea that the risks associated with the surgical procedure are too high and that most of these teeth may never have issues requiring intervention. Dentofacial orthopedics treats individuals whose oral problems are truly the result of a basic skeletal imbalance, such as jawbones that are growing too quickly or too slowly. In most situations, these people have glaring issues with facial proportion, however, this is not always the case. The global urbanization trend and sustained economic growth are expected to boost the dental services market.

Regional Snapshot:

In the United States, 143 billion dollars were spent on dental treatments overall in 2019. The majority of dental expenses in the US are covered by private health insurance, but out-of-pocket expenses constitute a close second. People in the United States paid out-of-pocket for dental care in the amount of 53 billion dollars in 2020. It is not surprising that many people who require dental treatment do not get it due to the cost, given the high out-of-pocket expenses for dental services. 

One of the top organizations for professionals, the Asia Pacific Association for Dental and Oral Health, is dedicated to advancing dentistry and oral health via its activities in research and teaching. Indicators of general health, happiness, and quality of life include oral health, which is connected to general health. The illnesses and ailments treated include cleft lip and palate, among others, as well as dental caries, periodontal (gum) disease, tooth loss, oral cancer, oral manifestations of other illnesses, oral dental trauma, noma, and other birth abnormalities.

Dental Services Market Report Scope:

Report Coverage Details
Market Revenue in 2023 USD 453.44 Billion
Projected Forecast Revenue in 2032 USD 699.7 Billion
Growth Rate from 2023 to 2032 CAGR of 4.93%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Market Dynamics:

Market Drivers: Increasing demand for R&D activities and development in technology

Dental equipment companies have invested in R&D activities to develop and benefit from cutting-edge technologies due to various unmet demands and a wide range of service offerings in the oral care sector. The rising incidence of dental caries and other periodontal diseases, the high demand for cosmetic dentistry and laser dentistry, the increased public awareness of dentistry thanks to various dental awareness campaigns, and technological developments in dental services like tooth whitening are the main factors driving the growth of the dental services market.

The developing-country dental services sector is expected to see good development prospects due to large population bases and rising governmental initiatives. With the aid of dental support organizations, the delivery paradigm for the dental services sector is anticipated to change, which is causing the emergence of a group or corporate practices.

Market Restraints: Dental caries cases declining may limit market growth

According to WHO data, caries prevalence decreased globally toward the end of the previous century and in the first ten years of the current one. Wherever the use of efficient fluoride toothpaste became widespread, this drop began. Moreover, a number of public health initiatives and improved self-care practices are leading to a decline in dental caries cases in industrialized nations. The main market limitations for dental services are those mentioned above.

Market Opportunities:

The Covid-19 epidemic marked a turning point for the majority of the important participants in the worldwide dental services industry, forcing them to reevaluate their market strategies and concentrate on other less well-known but crucial services in order to stay in business. For instance, the American Dental Association (ADA) suggested that people postpone elective dental procedures in March 2020 in order to focus resources on more urgent problems. Hence, emergency dental treatment for tooth fractures, excruciating caries, facial or dental injuries, oral bleeding, and abnormal tissue biopsies is emerging and being quickly embraced by experts, which is expected to further increase the market size over the course of the forecast years.

Procedure Type Insights:

The category with the biggest opportunity is anticipated to be aesthetic dentistry throughout the forecasted period. The goal of cosmetic dentistry is to make your smile more attractive and aesthetically pleasing. Teeth whitening, dental bonding, and veneers are examples of common cosmetic dental operations.

Service Insights:

In terms of service type, the oral surgery market attained a significant revenue share in 2020 and is predicted to continue to rule for the duration of the forecast period. This is because general dentists handle the majority of oral and dental issues, such as dental checkups, crowns, fillings, and root canals.

The development of inexpensive, cutting-edge technology, such as digital photography, intraoral scanners, computer-aided design, and computer-aided manufacture of dental items, is predicted to make the orthodontics and prosthodontics segment the most lucrative one. These developments in technology are fueling this market's expansion.

End-User Insights:

With a notable revenue share in 2020, the dental clinic's segment dominated the worldwide dental services market by the end user, and it is projected that it will continue to hold the lead throughout the forecast period. This is because dental clinics provide people ease and convenience while also offering specialist dental treatments.

On the other hand, the government's increasing efforts in building advanced healthcare infrastructure are thought to be the reason that the hospital category is expected to increase at the quickest rate.

Recent Development:

  • In April 2022, one of the top dental support organizations in the country, Pacific Dental Services® (PDS), announced the establishment of Sahara Health Group, a new supported medical practice in Las Vegas, Nevada. Owner physician Elena Garcia, MD, will oversee the practice, which will be housed in the same building as Sahara Modern Dentistry. The practice is the most recent in a line of innovative partnerships started by PDS to promote dental and medical integration in order to enhance patients' general health.
  • In December 2021, Awesome Dental Group, a patient-focused, rapidly expanding dental services organization with sites in the greater Detroit region, announced a collaboration with Great Expressions Dental Centers (GEDC).
  • In April 2021, Dental Services Group ("DSG"), a developing network of dental laboratories throughout North America, has been acquired by National Dentex Laboratories ("NDX"), the largest network of fully-owned dental labs in the United States. Tom Daulton, CEO of NDX, will serve as the CEO of the combined company, which will be known as National Dentex Laboratories.

Major Key Players:

  • Pacific Dental Services
  • Dental Services Group
  • Q & M Dental Group
  • Apollo White Dental
  • Coast Dental
  • Axiss Dental
  • Gentle Dental of New England
  • Abano Healthcare Group
  • Smile 360
  • Healthway Medical Corporation

Market Segmentation:

By Procedure

  • Cosmetic Dentistry
  • Non-Cosmetic Dentistry

By Service

  • Dental Implants
  • Orthodontics
  • Periodontics
  • Root Canal - Endodontics
  • Cosmetic Dentistry
  • Laser Dentistry
  • Dentures
  • Oral and Maxillofacial Surgery
  • Smile Makeover
  • Others

By Gender

  • Male
  • Female

By End User

  • Dental Clinics
  • Hospitals

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