Growth Drivers
Rising Awareness of Oral care - As of 2019, the worth of the oral care segment was estimated to be nearly USD 50 billion.
Tooth decay at certain is a very natural phenomenon that requires significant dental care. Almost every individual visits dentist once in their lifetime due to tooth related issues. Hence, the rising awareness of oral care can be observed in the upcoming time which is further expected to hike the market growth over the forecast period.
Significant Increment in Dental Practice Activities - The total revenue generated by dental practice activities in 2022 is estimated to drop to around USD 8 billion solely in Germany and is further expected to reach USD 10 billion by the year 2025.
Higher Number of Dental Practitioners - For instance, the number of dental practitioners in the United Kingdom was projected to reach about 45 thousand in 2021.
Increasing Prevalence of Tooth Filling - In 2018, almost 90% population of England alone received at least one tooth filling while in London, approximately 80% of adults had a tooth filling in the similar year.
Challenges
Base Year |
2022 |
Forecast Year |
2023-2033 |
CAGR |
~5% |
Author Credits: Rajrani Baghel
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