Market Challenges And Opportunities

Cosmetic Dentistry Market Drivers:

The cosmetic dentistry market is expected to witness significant growth over the forecast period, due to launch of innovative products in the market and advancements in technology of minimally invasive devices that are used in the cosmetic dentistry. For instance, in May 2018, Victoria House Foundation Inc. (VHF) launched R5, a state-of-the-art 5-axis grinding and milling machine. It is a highly automated machine with a tenfold blank changer for both dry and wet machining. In March 2018, Vericore LLC launched ZR Pro Zirconia, which is ideal for both anterior and posterior segments of the mouth. It has flexural strength, white and shaded discs, and esthetics in several thickness and is used to produce natural looking restorations from single to multiple-unit posterior bridges with satisfying results. In February 2018, 3D systems, a Canada-based company, launched Next Dent 5100 and 18 new Next Dent resins, which added 30 materials to Next Dent portfolio. It includes solutions for clinics and dental laboratories of all sizes ranging from small clinics to huge hospitals. This device facilitates high speed 3D printing of dental fixtures and devices.

Other factors that are expected to boost growth of the cosmetic dentistry market include, increasing awareness about cosmetic dentistry, high demand for dental implants and orthodontic appliances, and increasing medical tourism. According to a survey conducted by the American Academy of Cosmetic Dentistry in 2015, around 84% of the population go for whitening, bonding, and veneers.