Dental services market to exceed 6% growth in 7 years
Katherine E. Pfaff
The worldwide market for dental services is forecast to increase by 6.4% CAGR by 2028, according to a report by Grand View Research, Inc., a market analysis company. At the end of forecast period (2021 to 2028), the market is anticipated to be valued at $554.5 billion.
The market’s growth is pinned on economies around the world continuing to grow and change, leading to increased income, greater numbers of people moving away from rural areas and thereby better access to care, and increased interest in oral health care.
Within the dental services market, dental implants lead the segments as the top revenue generator based in part on the wide array of options for patients in materials and customizability. While implants is expected to maintain its lead in the coming years, cosmetic dentistry is anticipated to register the speediest growth due to patient demand for treatments from whitening to veneers.
By geography, North America has been the market leader by value owing to the number of dental practices and relatively high incomes on a global scale. Market utilization is expected to remain high in North America through 2028, and expected increasing government coverage of dental care will likely add to the geography’s revenue.
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