Global Dental Services Market 2016-2020
About the Dental Services Market
Dental services market is one of the fastest emerging markets in the healthcare sector. It is one of the major revenue generators in the medical field, as it is regarded as one of the most expensive medical services being offered so far. The market is segmented based on the services offered and end-users for these dental services.
Technavio’s analysts forecast the global dental services market to grow at a CAGR of 13.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global dental services market for 2016-2020. To calculate the market size, the report considers the revenue generated from dental implant services, orthodontic dental services, cosmetic dentistry services, periodontal dental services.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Dental Services Market 2016-2020
Technavio recognizes the following companies as the key players in the global dental services market: Coast Dental Services, mydentist, Abano Healthcare Group, and Q & M Dental Group.
Other Prominent Vendors in the market are: 1300SMILES, American Dental Partners, Apollo White Dental, Aspen Dental Management, Axiss Dental, Birner Dental Management Services, Brighter Dental Care, Dental Services Group, Enel-Med, Floss Dental, Folktandvården Stockholms län, Gentle Dentistry, Great Expressions Dental Centers, Healthway Medical, InterDent, Kool Smiles, Laboratorio Lucas Nicolas, Midwest Dental, Northwestern Management Services, Novadent, Oasis Dental Care, Oral Care AB, Oral Hammaslääkärit, Orasolv AB, Pacific Dental Services, PlusTerveys Oy, Praktikertjänst AB, ReachOut Healthcare America, and Smile Brands.
Commenting on the report, an analyst from Technavio’s team said: “A key trend which is boosting market growth is the collaboration with leading insurance providers. The dental services market is heading toward easing the expenses for individuals and reducing their out-of-pocket expenditures. The dental care organizations are collaborating with leading insurance providers to aid the reduction in the dental services cost. Some of the leading dental insurance providers are eHealth, Delta Dental, MetLife, and CIGNA Dental. The joint venture between the dental care centers and insurance companies will generate better revenue in the dental services market by encouraging dental hygiene and regular assessments.”
According to the report, a key growth driver is the upcoming laser dentistry and painless treatment. The traditional dental services are overpowered by advanced dental care services, such as cosmetic dentistry and laser dentistry. The popularity of laser technology in dentistry is booming among patients as well as the oral care specialists. This painless technology has gained popularity with increasing demand for laser dentistry for extraction of tooth, orthodontics, and periodontal decay. The advancement in technology and better dental services, such as painless tooth extraction and tooth whitening are the primary drivers for the dental services market.
Further, the report states that a major challenge that could hamper market growth is the high costs of dental services. Dentistry is one of the expensive medical field based on the requirement of expensive and high-quality products, such as crowns and dentures. It is recommended by the oral practitioners to maintain proper oral hygiene. There are certain groups of the population who are unable to afford best of the dental services due to the high-cost factor of consultation and procedures. Therefore, they stick to the conventional remedies to treat dental problems.
oast Dental Services, mydentist, Abano Healthcare Group, Q & M Dental Group.
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