Composite Material Segment to Register Highest CAGR During 2021–2028
According to our latest study on “Dental Veneers Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Age Group, and End-User” the market is expected to grow from US$ 1,559.28 million in 2021 to US$ 2,302.60 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market.
Based on product, the dental veneers market is segmented into composite material, dental porcelain, and others. In 2021, the composite material segment accounted for the largest share of the market owing to the rising adoption of composite materials in the treatment due to easy availability. However, the dental porcelain segment is anticipated to register the highest CAGR of 6.4% in the market during the forecast period. The high adoption of the porcelain material in the treatment of dental-related problems, the impressive result in maintaining natural teeth appearance and providing a relatively long-life are the factors likely to drive the growth of the market.
The dental veneers market, by age group, is segmented into adults and child. The adult segment held a larger share of the market in 2021 and is also estimated to register a higher CAGR in the market during the forecast period.
By end-user, the dental veneers market is segmented into hospitals, dental clinics, and others. The hospitals segment held the largest market share in 2021 and is likely to continue its dominance in the market during the forecast period. Moreover, the same segment is anticipated to register the highest CAGR in the market during the forecast period.
The COVID-19 pandemic has created a public health crisis across the world. The pandemic had disrupted lives, pushed the hospital system to its capacity, and created a global economic slowdown. While there was a significant uncertainty about economic growth prospects, the impact of the pandemic was severe. According to the American Dental Association, dental procedures were divided into emergency/urgent and routine/elective procedures during the COVID‐19 pandemic. Many cities were closed due to COVID-19 outbreak, causing treatments and doctor/dentist appointment cancellation. The dental treatments and procedures are directly contacted with patients’ oral fluid that has a possible risk of causing infections. To prevent the spread of novel coronavirus, it is requested to maintain social distancing as there is high risk of being infected with the virus due to direct exposure to oral fluids of the patients to the dentists. During the COVID‐19 pandemic, routine dental treatments are contraindicated, and the emphasis is placed only on emergency and urgent treatments in all patients.
Among chronic health conditions, dental diseases are among the most preventable public health challenges in the US. Moreover, according to a CDC report, 47.2% of adults in the country have some form of periodontal disease. About 70 % of adults aged 65 and above have periodontal disease. However, due to the pandemic's rising intensity, the patients cannot visit the dental clinics. In addition, the limited/uneven availability of dental staff had negative impact on the dental veneers market.
Dental Veneers Market: Competition Landscape and Key Developments
DENTSPLY SIRONA Inc.; Glidewell; Amann Girrbach AG; 3M; VladMiVa; Zircon Ceramics; Den-Mat Holdings, LLC; Ultradent Products, Inc; PLANMECA OY; Lion Dental Care; Biolase, Inc.; Ivoclar Vivadent AG; Henkel AG & Company; KGAA; Align Technology; Colgate-Palmolive Company; and Koninklijke Philips N.V. are among the leading companies operating in the dental veneers market.
Dental Veneers Market, by Region, 2021 (%)
Dental Veneers Market Global Analysis and Forecast 2021, 2028
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Dental Veneers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Composite Material, Dental Porcelain, and Others), Age Group (Child and Adult), and End User (Hospitals, Dental Clinics, and Others)
The dental veneers market has been geographically segmented as follows:
Dental Veneers Market Global Analysis and Forecast 2021, 2028
Download Free SampleDental Veneers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Composite Material, Dental Porcelain, and Others), Age Group (Child and Adult), and End User (Hospitals, Dental Clinics, and Others)
Based on geography, the dental veneers market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SCAM). The market in North America is subsegmented into the US, Canada, and Mexico. The dental veneers market in Europe is further segmented into France, Germany, the UK, Spain, Italy, and the Rest of Europe. The market in Asia Pacific (APAC) is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The dental veneers market in the Middle East & Africa (MEA) is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The market in South & Central America (SCAM) is subsegmented into Brazil, Argentina, and the Rest of South & Central America.
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