Dental Market Share, Size and Growth Analysis By 2029

The dental industry is projected to expand significantly, with an anticipated growth from US$ 30,287.91 million in 2021 to US$ 52,105.14 million by 2028. This growth trajectory indicates a compound annual growth rate (CAGR) of 8.1% from 2021 through 2028. Key factors propelling this market expansion include the rising prevalence of dental diseases, an increasing demand for cosmetic dental procedures, and ongoing technological advancements. However, the growth of the dental market is somewhat hindered by limited reimbursement options.

The impact of the COVID-19 pandemic has been detrimental to various sectors across Europe. For instance, NHS data reveals that between 2016 and 2018, over 22 million patients in the UK received dental diagnoses or treatments. A recent survey conducted by Dental Tribune International indicated that among 329 private dentists in Ireland, a staggering 86% reported having to lay off staff due to the pandemic. Furthermore, 87% of these dentists expressed skepticism about returning to pre-pandemic service levels, while 93% anticipated a significant drop in income. Alarmingly, 67% of respondents believed they could only sustain their practices for a maximum of three months under current conditions. According to the Oral Health Foundation in England, the UK government permitted dental practices to reopen on June 8, 2020, but with stringent guidelines. Dental providers were required to utilize fully compliant personal protective equipment (PPE) and implement social distancing measures, which could prolong the time needed for practices to fully resume operations and limit the range of treatments available.

In the United States, the CDC has prioritized essential dental services to mitigate harm to patients who might experience negative outcomes from delayed care due to potential exposure to SARS-CoV-2. The interim guidance has been updated in light of the evolving situation regarding the pandemic. As dental healthcare facilities begin to resume elective procedures, certain precautions remain essential. For example, dental professionals are advised to wear eye protection in addition to masks to safeguard against the virus. An analysis by the ADA Health Policy Institute revealed that national dental expenditures decreased by 1.8%, dropping from US$ 145 billion in 2019 to US$ 142.4 billion in 2020. Additionally, a review of data from the Centers for Medicare and Medicaid Services indicated that per capita dental spending fell from US$ 442 in 2019 to US$ 430 in 2020.

Over the past thirty years, all branches of dentistry have witnessed remarkable advancements, leading to a heightened demand for more accurate diagnostic tools and surgical techniques. The shift from basic handheld instruments to sophisticated technologies, including manual and electric handpieces, hybrid handpieces, and both soft-tissue and all-tissue lasers, has significantly benefited the dental surgery instruments sector. Dental handpieces are crucial tools in modern dental practices. For instance, in July 2019, Dentsply Sirona introduced the MultiMate Cube devices, which enhance process reliability and performance. Such innovations are modernizing dental care systems by improving patient education regarding oral health and enhancing access to dental care facilities. Consequently, technological progress in dental instruments is a key driver of market growth.

The number of dental laboratories and technicians in the United States is on the rise. Innovations within the dental field have spurred demand for restorative dentistry, prosthodontics, and orthodontics. As a result, computer-aided design (CAD) and computer-aided manufacturing (CAM) techniques have become essential components of dental laboratories. According to data from the US Bureau of Labor Statistics published in May 2019, approximately 35,000 individuals are employed in dental laboratories, and this number is expected to grow in the coming years.

Type Insights

The dental market is categorized by type and application. In terms of type, the market is divided into dental restorative, dental orthodontics, dental consumables, and other specialties. The dental consumables segment accounted for the largest market share in 2021, while the dental orthodontics segment is projected to experience the highest CAGR during the forecast period.

Key organizations such as the Food and Drug Administration, the World Health Organization, the European Society of Cosmetic Dentistry, the International Society of Aesthetic Plastic Surgery, the National Center for Biotechnology Information, the American Dental Education Association, the Economic Co-operation and Development, and the Occupational Safety and Health Administration have been referenced as primary and secondary sources in the preparation of the dental market report.