DENTAL SERVICE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The high cost of dental services can hamper the global dental service market growth. Dental treatment procedures such as dental crowns, root canals, implants and bridges are often very expensive. This high cost is due to the specialists involved, sophisticated equipment and infrastructure required as well as biomaterials used in various restorative procedures. For example, according to the data published by World Health Organization in 2022, in many low- and middle-income countries, the average cost of a basic dental filling ranges from US$ 50 to US$ 150 whereas a dental crown can cost anywhere between US$ 500 to US$ 1500, depending on the type of material used. Such high costs are unaffordable for a large section of population not only in developing nations but also in developed economies where a significant number of people do not have adequate dental insurance coverage.

Market Opportunities: Teledentistry

Teledentistry offers a great opportunity for the global dental service market growth. Teledentistry refers to the use of telehealth technologies to provide dental care services remotely. With the COVID-19 pandemic highlighting the importance of telehealth, teledentistry is well-positioned for significant growth as it allows   the continuity of dental care while maintaining social distancing. Teledentistry enables dentists to diagnose, recommend treatment options, and prescribe medications for patients without requiring an in-person visit through the use of audio and visual communication technologies. This reduces burden on dental clinics and allows patients, especially those in remote and underserved areas, to access dental experts virtually.