Northbrook, IL -- (SBWIRE) -- 10/30/2020 -- According to the new market research report "Cosmetic Dentistry Market by Product (Dental Implant, Dental Bridge & Crown, Orthodontic Braces, Denture, Dental Laser, Dental Handpiece, Bonding Agent, Dental Chair, CAD/CAM System, Radiology Equipment), End User & Region – Global Forecast to 2025", published by MarketsandMarkets™.

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Covid-19 Impact on The Cosmetic dentistry Market;

The Covid-19 pandemic has largely impacted healthcare delivery globally since December 2019. Several dental events have been postponed due to the COVID-19 pandemic. For instance, KRAKDENT 2020, the largest dental show in Poland and an event that attracts over 15,000 visitors from across the globe, has been rescheduled. The CEO of Straumann Group, Guillaume Daniellot, announced that the COVID-19 outbreak was expected to reduce sales in the Asia Pacific in FY 2020 by at least USD 31 million. DENTSPLY Sirona recently predicted that its sales in the Chinese, South Korean, Taiwanese, and Japanese markets would fall by a cumulative USD 60–70 million in FY 2020. Furthermore, due to the COVID-19 outbreak, many dentists have preferred not to open their clinics, opting instead for phone consultations and prescribing antibiotics.

Dental systems & equipment accounted for the largest share of the cosmetic dentistry market in 2019

By product, the market is segmented into dental implants, bridges, crowns, veneers, braces, bonding agents, composites inlays & onlays, and dental systems & equipment. In 2019, the dental systems & equipment segment accounted for the largest share of the market, mainly due to the widespread use of instruments such as handpieces, dental chairs, and CAD/CAM technology in various cosmetic procedures. The orthodontic braces segment is expected to grow at the highest CAGR during the forecast period.

Browse in-depth TOC on "Cosmetic Dentistry Market"

223 – Tables
43 – Figures
255 – Pages

The hospitals and clinics segment is expected to grow at highest CAGR in the near future

Based on end user, the market is segmented into dental hospitals and clinics, dental laboratories, and other end users (research institutes, cosmetic clinics). In 2019, the dental hospitals and clinics segment accounted for the largest share of the cosmetic dentistry market. This can be attributed to the increasing number of dental clinics and hospitals across the globe, rapid adoption of advanced technologies by small and large dental clinics and hospitals, increasing dental tourism in emerging markets, and the rising number of group dental practices in developed countries.

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The APAC market is projected to grow at the highest rate during the forecast period.

In 2019, the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. The rising geriatric population, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure, rising awareness on oral healthcare, and the willingness to spend on dental care. Other factors, such as the rising number of dental professionals and incidence of dental diseases, along with the growing number of tooth repair procedures conducted, will support market growth of the Asia Pacific cosmetic dentistry market.

The prominent players in this market are Henry Schein (US), DENTSPLY Sirona (US), Envista Holdings (US), Align Technology (US), and Straumann Holdings (Switzerland).