Market Trends of Global Cosmetic Dentistry Industry
Dental Systems and Equipment Segment is Expected to Hold a Major Market Share in the Cosmetic Dentistry Market.
The growing geriatric population increases the prevalence of tooth-related diseases and the rising demand for medical aesthetics are the key driving factor in the dental systems and equipment segment. According to World Health Organization (WHO) in May 2021, approximately 3.58 billion people worldwide, suffer from caries among them 2.4 billion individuals suffer from caries of permanent teeth and 486 million children suffer from caries of primary teeth.
Furthermore, the government and non-governmental organizations are taking initiatives to increase awareness regarding age-related dental disorders. For instance, in February 2021, the American Dental Association celebrated National Children's Dental Health Month to raise awareness regarding dental health among children.
The dental systems and equipment segment hold a significant market share in the cosmetic dentistry market and is anticipated to show a similar trend over the forecast period due to the increasing application of novel technologies such as dental CAD/CAM system and other technologies and also increasing awareness related to dental reformation.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to hold a major market share in the global cosmetic dentistry market due to growing geriatric population prevalence of tooth-related diseases, rising demand of medical aesthetics and technological advancements in cosmetic dentistry in this region. According to Centers for Diseases Control and Prevention (CDC) in 2020, about 47.2% of population in the United States who are above the age of 30 have some form of periodontal disease. According to the study titled "Update on the prevalence of untreated caries in the US adult population, 2017-2020" published in the Journal of American Dental Association in April 2022, untreated caries were found to be prevalent in 21.3 %. The prevalence of coronal and root caries was 17.9 and 10.1 %, respectively. Caries was most common in those aged 30 to 39 years (25.2%) and 40 to 49 years (22.3%), men (23.5%), and those of other races (36.5% )This untreated dental caries can lead to tooth extraction and generate the need for cosmetic dentistry in the region.
Also, the National Institute of Health article titled 'Estimates of Funding for Various Research, Condition, and Disease Categories' published in June 2021 reported that an estimated USD 638 million annual research support for dental/Oral and Craniofacial Disease based on grants, contracts, and other funding mechanisms used across the National Institutes of Health. Thus, rising research funding for dental diseases is expected to launch advanced cosmetic dental consumables in the near future, thereby boosting the market growth.
Furthermore, growing adoption of dental aesthetic procedures resulted in development of advanced technologies in cosmetic dentistry, and presence of well-established healthcare infrastructure is fueling the growth of the overall regional market to a large extent.
