Cosmetic Dentistry Market worth $22,362.4 Million

According to a new market research report "Cosmetic Dentistry Market by Product (Dental Implants, Dental Bridges, Dental Crowns, Orthodontic Braces, Dental Lasers, Dental Veneers, Dental Handpieces, Bonding Agents, Dental Lasers, Dental Chairs, CAD/CAM Systems) - Global Forecast to 2020", published by MarketsandMarkets, this report studies the global Cosmetic Dentistry Market during the forecast period of 2015 to 2020. The global Cosmetic Dentistry Market is expected to grow at a CAGR of 6.8% during the forecast period to reach USD 22,362.4 Million by 2020.

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Growth in this market is attributed to rising disposable incomes of the middle-class population, growing consumer awareness about cosmetic dentistry, and rising focus on dental aesthetics. However, a lack of reimbursement and the high cost of dental imaging systems are expected to restrain the growth of this market to a certain extent.

On the basis of product, the market is segmented into dental systems & equipment, dental implants, dental bridges, dental veneers, dental crowns, orthodontic braces, inlays & onlays, and bonding agents. The dental systems and equipment market is further sub-segmented into instrument delivery systems, dental chairs, handpieces, light cure equipment, CAD/CAM systems, scaling units, dental lasers, and dental radiology equipment. The dental radiology equipment segment is categorized into extra-oral radiology equipment, intra-oral radiology equipment, and cone beam computed tomography (CBCT) scanners.

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Dental systems and equipment market accounted for the largest share of the cosmetic dentistry market. This is majorly due to the wide applications of dental equipment and systems in different dental procedures. The rising use of CAD/CAM systems for milling different prosthetics such as crowns, veneers, bridges, and inlays and onlays for cosmetic dental procedure have also contributed to the high share of this market.

On the basis of region, the market is broadly segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The presence of a large number of dental manufacturers, increasing awareness among consumers, and advancements in dental technology has led to the high shares of Europe and North America in this market. However, the Asia-Pacific region is expected to grow at the highest CAGR owing to rapidly developing healthcare infrastructure, increasing per capita incomes, growing middle-class population, and rising dental tourism in emerging countries of this region.

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Major players in the market include 3M Company (U.S.), Danaher Corporation (U.S.), DENTSPLY International, Inc. (U.S.), Institut Straumann AG (Switzerland), Zimmer Biomet Holding, Inc. (U.S.), Align Technology, Inc. (U.S.), Sirona Dental Systems, Inc. (U.S.), Biolase, Inc. (U.S.), Planmeca Oy (Finland), and A-dec Inc. (U.S.).

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