The market for dental services reached a value of nearly $401 billion in 2017. North America was the largest market for dental services, accounting for around 37% of the global market in 2018. The USA is the largest country in terms of value in the dental services market.
Dentists are health practitioners who operate private or group practices in their own premises or in other facilities such as hospitals or health maintenance organization (HMO) medical centers. They provide dental preventive, cosmetic maintenance and/or emergency care.
Read More On The Global Dental Services Market Report At:
https://www.thebusinessresearchcompany.com/report/dental-services-market
Dental Services Market Size
The dental services market is expected to grow at a growth rate of around 9% to nearly $630 billion by 2022.Growth in the dental services market in the historic period resulted from rise in geriatric population, rise in disposable incomes and health insurance reforms. Factors that negatively affected growth in the historic period are weak wage growth in developed economies, unqualified manpower and limited coverage for dental services. Going forward, economic growth, technology, more educated patients, dental franchise model and dental tourism will drive growth. Factors that could hinder the growth of this market in the future are cost, interest rate increases and government regulations.
The global dental services market is highly fragmented. Players in the market include IDH, The British United Provident Association Limited, Abano Healthcare Group Ltd., Aspen Dental and Birner Dental Management Services, Inc.
The UK’s IDH was the second largest company in the dental services market in 2017 with around 0.2% share of the market. Integrated Dental Holdings Ltd. provides dental care services such as dental treatments, routine check-ups, bridges, crowns, dentures, fillings, inlays and on lays, veneers, implants, hygienist services, root canal treatment, teeth straightening, etc. in the United Kingdom.
Request A Free Sample Of The Global Dental Services Market Report At:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2353&type=smp
Some of the major drivers of the market are:
Economic Growth – The global economy is expected to go through a continued period of steady growth during the forecast period.
Technology – Technology is expected to be a continued driver of market growth during this period. Areas of particular development are likely to be robotics and minimal invasive surgery technologies. Markets such as this one will benefit from the greater efficiencies offered by these technologies.
However, the market is expected to face restraints from several factors such as –
Government Regulations – Dental service providers must follow numerous, complex regulations that set guidelines for service quality and care delivery. Technology companies that entered the healthcare industry are finding it difficult to release products due to excessive regulations.
Interest Rate Increases – Interest rates are expected to increase in developed nations, particularly the USA and Europe, during the forecast period.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
Media Contact
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Phone: 08897263534
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills
City: Hyderabad 500033
State: Telengana
Country: India
Website: https://www.thebusinessresearchcompany.com/report/dental-services-market