Cosmetic Dentistry Market to Reach Valuation of USD 60.1 Billion by 2030 – Increasing Focus on the Aesthetics Drives the Market

In terms of revenue, the Global Cosmetic Dentistry Market is expected to reach USD 60.1 Billion by 2030, growing at a CAGR (Compound Annual Growth Rate) of 12.60% from 2023 to 2030.

The dental aesthetics sector has made significant strides as more people choose to improve their dental appearances. The public's awareness of these methods and procedures has contributed to the rapid growth of this sector. The fundamental factor causing the development of Cosmetic Dentistry is the vast amount of disposable wealth developed by developing nations. In addition, due to age-related dental problems, the senior population, in general, has contributed to the expansion of this industry. The most common procedures people have in aesthetic dentistry include malocclusion, teeth whitening, and alterations to the appearance of their teeth. The growth of aesthetic dentistry worldwide has been attributed mainly to dental tourism.

Key Highlights from the Report

· Among Products, the Dental Systems & Equipment market segment is anticipated to dominate the Cosmetic Dentistry market with the largest market share in the forecast period. One of the main drivers of this market's expansion is the increasing invention of instruments that offer more accuracy when executing dental procedures.

· Based on the End User Industries, the Dental Hospitals and Clinics market segment accounted for the maximum CAGR during the forecast period. Patients visit hospitals and dental clinics more frequently due to rising dental disease rates.

· In terms of region, North America held the most significant market share in 2021 and is expected to be the most gainful market during the forecast period. This is attributable to the increase in the population opting for dental aesthetics.

Market Dynamics

Aesthetic dentistry treatments now have more favorable prospects to be adopted due to rising disposable income and the desire to undergo specialized cosmetic operations. Factors fueling the dental prosthesis market trends include the growing need for Cosmetic Dentistry, people's increased desire to look beautiful, and quick treatment times. Through the years, Cosmetic Dentistry has grown in popularity among people of all ages and in this market thanks to its preventive and restorative dental services. The increasing number of operations is primarily the result of referrals from people who have had successful cosmetic dental surgeries. Cosmetic Dentistry is one of the most popular procedures among individuals and can significantly improve teeth and smiles, according to the Department of Health & Human Services Australia 2015.

More natural-looking teeth have been created due to the expanding usage of cutting-edge materials in dental restoration design. The business has transitioned from old, less-advanced materials to new, more-advanced materials, like dental cement and bonding agents. Additionally, the adoption of cutting-edge technologies in dentistry, such as robotics, CAD/CAM technology, and 3D printers, contributes to the market's expansion. Additionally, the market size for aesthetic dentistry will grow due to investments made by dental technology businesses in new products that use minimally invasive methods and equipment, such as dental lasers. Although the industry is currently in the early stages of the acceptance curve for these technologies, penetration rates will rise, especially as more and more young dentists elect to join larger or corporate practices rather than opening their own offices.

However, because aesthetic operations are quite pricey and are not seen as necessary by insurance companies and government organizations, reimbursement for dental cosmetic procedures is only sometimes possible. In addition, huge investments are needed for technologically advanced equipment and a demand for dental imaging tools and other advanced devices. Insurance firms cannot protect these substantial investments, impeding this industry’s development.

North America Cosmetic Dentistry market is expected to witness a noteworthy development with a significant growth rate over the analysis period. This is linked to technical developments and a rise in the number of people choosing Cosmetic Dentistry operations. In addition, factors including the region's high acceptance of and openness towards aesthetic procedures and rising appearance consciousness are likely to fuel market expansion. Furthermore, North America is anticipated to develop fastest during the forecast period. The key causes of this include things like high personal discretionary income. For example, the U.S. Bureau of Economics reports that personal income rose by USD 1.97 trillion (10.5%), and disposable personal income (DPI) rose by USD 2.13 trillion in April 2020. In addition, rising healthcare costs, the availability of licensed specialists, well-built healthcare infrastructure, and simple access to aesthetic services are important development factors.

The Global Cosmetic Dentistry Market is Segmented as follows

• Product Types
  • Dental Systems & Equipment
  • Dental Implants
  • Dental Bridges
  • Dental Veneers
  • Dental Crowns
  • Orthodontic Braces
  • Inlays & Onlays
• End Users
  • Dental Hospitals & Clinics
  • Dental Laboratories
  • Other End Users
• Age Groups
  • Children
  • Adults
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

List of the Key Players of the Global Cosmetic Dentistry Market is

3M Company (U.S.), Align Technology Inc. (U.S.), DENTSPLY Sirona (U.S.), Envista Holdings (U.S.), Henry Schein (U.S.), Kuraray Co. Ltd. (Japan), Planmeca Group (Finland), Roland DG (Japan), Straumann Holdings AG (Germany), Zimmer Biomet Holdings Inc. (U.S.)

The Global Cosmetic Dentistry Market Scope can be Tabulated as below