Technavio, a tech-focused market research firm, has published a new report on the global cosmetic dentistry market, which is expected to grow at a CAGR of close to 13% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global cosmetic dentistry market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global cosmetic dentistry market are elaborated below:
Cosmetic dentistry market in the Americas: The market for cosmetic dentistry in the Americas is fueled by increased awareness about the impact dental health has on their physical attractiveness and self-esteem. North America dominated the cosmetic dentistry market in terms of revenue share in 2016 owing to the awareness among patients and the presence of sophisticated healthcare infrastructure in the region. The US contributes nearly 50% of the revenue to the cosmetic dentistry market in the region.
According to Barath Palada, a lead analyst at Technavio, specializing in research on orthopedics and medical devices, “Major countries in the Americas such as the US and Canada currently account for a majority of the revenue generated in the market. During the forecast period, a significant rise in the cosmetic dentistry market in Mexico is expected to owe to the growth of the medical tourism market.”
Cosmetic dentistry market in EMEA: The rise in the number of elderly people and the migration of patients in Europe for affordable cosmetic dentistry is the primary driving force behind the growth of the cosmetic dentistry market in EMEA. Rising awareness about oral hygiene, government-aided medical benefits, and the introduction of new treatment techniques are some of the key factors that are anticipated to facilitate the growth of the cosmetic dentistry market in EMEA during the forecast period.
Cosmetic dentistry market in APAC: The growing focus on providing better dental healthcare facilities in the region is expected to favor the growth of the cosmetic dentistry market in APAC in the coming years, according to Technavio’s industry analysts. Factors such as rising awareness about oral hygiene, government-aided medical benefits, and the introduction of new treatment techniques are also expected to foster the growth of the market in this region. Australia, India, China, Japan, and South Korea are some of the key revenue contributing countries in the cosmetic dentistry market in APAC.
The leading vendors operating in the global cosmetic dentistry market are:
- Danaher Corporation
- Align Technology
- Dentsply Sirona
- 3M
- Zimmer Biomet
- Coast Dental Services
- Q & M Dental Group
Other prominent vendors in the market include Bicon, BioHorizons, Cortex Dental Implants, Denxy, Green DenTech, Remedent, Shofu Dental Corporation, Thommen Medical, and ZEST Anchors.
A more detailed analysis is available in the Technavio report titled, ‘Global Cosmetic Dentistry Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Lower Extremities Market 2017-2021
- Global Cerebrospinal Fluid (CSF) Management Devices Market 2017-2021
- Global Gynecology Surgical Devices Market 2017-2021
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