PUBLISHER: The Business Research Company | PRODUCT CODE: 1455217
PUBLISHER: The Business Research Company | PRODUCT CODE: 1455217
Dental veneers are custom-made casings that adhere to the front surfaces of teeth, serving as a cosmetic dentistry solution to conceal imperfections such as cracks, chips, stains, and other blemishes.
The primary types of dental veneers include porcelain veneers, composite veneers, and others. Porcelain veneers are specialized, thin shells crafted from high-quality dental porcelain. These shells are designed to enhance the outward appearance of a tooth by covering its frontal surface. Porcelain veneers find applications in both cosmetic and medical contexts and are utilized by various end users, including hospitals and dental clinics.
The dental veneers market research report is one of a series of new reports from The Business Research Company that provides dental veneers market statistics, including dental veneers industry global market size, regional shares, competitors with a dental veneers market share, detailed dental veneers market segments, market trends and opportunities, and any further data you may need to thrive in the dental veneers industry. This dental veneers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dental veneers market size has grown strongly in recent years. It will grow from $2.29 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth observed in the historical period can be attributed to the increasing incidence of skin cancer, a growing awareness of skin health, a focus on preventive healthcare, a rise in aesthetic concerns, and the expansion of dermatology practices.
The dental veneers market size is expected to see strong growth in the next few years. It will grow to $3.24 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth in the forecast period can be attributed to the global aging population, an increasing focus on skin cancer prevention, a rise in dermatology consultations, an emphasis on early intervention, and the expansion of aesthetic dermatology practices. Major trends expected in the forecast period include the integration of artificial intelligence (AI) algorithms, the development of smartphone-compatible dermatoscopes, a focus on multispectral imaging, applications in telemedicine, and advancements in connectivity and data sharing within the dermatology field.
The growth of the dental veneers market is anticipated to be driven by the increasing prevalence of dental disorders. Dental disorders encompass various conditions affecting oral health, including the teeth, gums, mouth, and associated structures. Dental veneers play a crucial role in addressing issues such as discolored teeth from root canal treatment or stains, chipped or broken teeth, and gaps or spaces. For example, the '2022-23 Annual Report' from the National Health Service in the UK revealed a notable increase in dental disorder treatments, reaching 32.5 million instances, marking a 23.2% rise compared to 2021. This surge in dental disorders is expected to propel the dental veneer market forward.
The growth of the dental veneers market is expected to be fueled by the rising dental spending. Dental spending involves financial resources allocated by individuals or healthcare systems for oral health-related services and treatments. With an increasing emphasis on cosmetic dentistry, individuals allocate resources for procedures such as dental veneers to enhance oral aesthetics and restoration. Notably, there was a 12.82% global increase in national dental spending, rising from $156 billion in 2020 to $176 billion in 2021, as reported by the American Dental Association. This upward trend in dental spending is anticipated to drive the growth of the dental veneers market.
The high cost associated with cosmetic dental procedures may act as a restraint on the growth of the dental veneers market during the forecast period. The elevated costs of elective treatments such as teeth whitening and veneers can deter potential patients from seeking these procedures. For instance, professional teeth whitening may cost around $250 to $350, while cosmetic dentistry with porcelain veneers can range from $900 to $1,200 per tooth, as indicated by Max Arocha, DMD, a US-based dental implant provider. This high cost of cosmetic dental procedures poses a challenge to the broader adoption of dental veneers.
Companies in the dental veneers market are introducing advanced dental treatment devices, such as UltraThineer. UltraThineer represents a 3D-printed dental veneer utilizing advanced materials and a production workflow that facilitates minimally invasive treatment options. Boston Micro Fabrication, a US-based company specializing in nanotechnology, launched UltraThineer in August 2023. These 3D-printed veneers, produced through projection micro-stereolithography, are customized to be three times thinner than traditional veneers, streamlining preparatory tasks for dental professionals.
In May 2023, Glidewell, a US-based custom dental solution company, acquired ORB Innovations Limited to advance smart oral appliance technology. ORB Innovations, engaged in the development of unique technology platforms, offers ORB smart guard dental veneers. Through this acquisition, ORB expands the availability of its performance and wellness tracking technology in the United States.
Major companies operating in the dental veneers market report are 3M Corporation, Henkel AG & Co. KGaA., Koninklijke Philips N.V, Colgate-Palmolive Company, Dentsply Sirona Inc., Align Technology Inc., Straumann Group, Planmeca Oy, Ivoclar Vivadent AG, Nobel Biocare Holding AG, Ultradent Products Inc., A-dec Inc., Kulzer GmbH, MicroDental Laboratories Inc., Amann Girrbach AG, Brasseler USA LLC, Voco America Inc., Keystone Dental Group, Sun Dental Labs, Den-Mat Holdings LLC, Biolase Inc., Glidewell Dental Lab., Bego USA Inc., Removable Veneers USA, DURAthin Veneers
North America was the largest region in the dental veneers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental veneers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dental veneers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dental veneers market consists of sales of dental veneers such as zirconia, computer-aided design and computer-aided manufacturing (CAD or CAM), and indirect or custom dental veneers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dental Veneers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dental veneers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dental veneers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dental veneers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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