PUBLISHER: Grand View Research | PRODUCT CODE: 1114184
PUBLISHER: Grand View Research | PRODUCT CODE: 1114184
The U.S. dental chains market size is expected to reach USD 259.6 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.1% from 2022 to 2030. The growth of the dental chains in the country is mainly attributed to an increase in the prevalence of dental caries and other periodontal problems and rising awareness regarding the availability of various dental services. The technological improvements in dentistry and the growing demand for cosmetic and laser dentistry are some of the additional factors contributing to the market expansion.
In the U.S., the COVID-19 outbreak effectively closed down around 198,000 practicing dentists and dental professionals. Most dental treatments emit aerosols that can be inhaled or come into contact with contaminated surfaces, increasing the risk of infection among dental professionals or subsequent patients. As a result, the dental practices were closed. According to the American Dental Association (ADA) Health Policy Institute's study of current data from various federal authorities, national dental expenditures declined by 1.8%in 2020.
The COVID-19 pandemic encouraged dental practices to adopt new operational practices and technological innovations. For instance, in December 2020, 3M Oral Care, a global corporation, made an investment in AI's prospects. The firm stated that the BluelightCheckUp Radiometer was the result of a collaboration with Bluelight Analytics. The radiometer can directly measure all significant curing lights and determine the optimal curing period for light and material combinations by combining AI with an extensive database of light-curing data.
In May 2021, American Dental Partners Incorporated (ADPI) and Heartland Dental, the key dental support organizations in the country, came to an agreement on a strategic transaction. ADPI is widespread with 278 locations spread across 21 states and 23 dental group practices with headquarters in Massachusetts. Thus, with more patients having access to enhanced oral healthcare, this strategic partnership increases the number of doctor leaders within the Heartland Dental community. Additionally, as a result of this agreement, Heartland Dental and ADPI would collectively have a network of over 2,300 backed dentists in over 1,400 locations across 38 states.