BURLINGAME, CA., July 22, 2024 /PRNewswire/ — THE Catholic Buy dental veneers projected to increase from 2.36 billion US dollars in 2023 to US$ 3.88 billion to 2031, with a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031, according to a recent report by Coherent Market Insights. More and more consumers are now more aware of the importance of dental aesthetics and oral health. They want their smile to look perfect, and veneers are a minimally invasive option to improve the appearance of teeth. Dental veneers can transform the appearance, shape, size and color of teeth without major restorative dental procedures. This growing appearance consciousness among people is a major factor boosting the demand for dental veneers.
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Market Dynamics:
The global dental veneers market is driven by the increasing number of cosmetic dental procedures for cosmetic purposes across the globe. Dental veneers help improve worn, stained, oddly shaped, disproportionate or misaligned teeth. Additionally, increasing consumer awareness regarding oral hygiene and growing dental tourism are also fueling the market growth. However, the high cost associated with dental veneers may hinder the market expansion during the forecast period.
Global Dental Veneers Market Report Coverage
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Report Coverage |
Details |
|
Market revenue in 2023 |
$2.36 billion |
|
Estimated value by 2031 |
$3.88 billion |
|
Growth Rate |
Poised to grow at a CAGR of 7.7% |
|
Historical Evidence |
2019–2023 |
|
Prognostic period |
2024–2031 |
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Prediction Units |
Value (Million USD/Billion) |
|
Report Coverage |
Revenue forecast, competitive landscape, growth factors and trends |
|
Covered sections |
By Veneer Type, By Age Group, By End User |
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Covered geographies |
North America, Europe, Asia Pacific and Rest of World |
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Development Guides |
• Growing concerns for improved aesthetics • Leaning towards Non-Invasive Procedures |
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Limitations & Challenges |
• High cost of dental procedures • Risk of complications related to dental veneers |
Market trends:
With advances in dental technology, digital procedures such as CAD/CAM dental veneers, 3D printed veneers, and smile design have gained widespread acceptance among dental professionals and patients worldwide. Digital processes help improve accuracy, reduce errors, reduce production time and give consumers a preview of the final results.
Changing social culture and increasing preferences for physical attractiveness have heightened self-esteem issues among people related to dental abnormalities or deformities. This has increased the demand for aesthetic and cosmetic dental procedures including dental veneers, crowns, bridges, dental implants and teeth whitening worldwide. Statistics show that over 50% of dental visits are now driven by cosmetic reasons rather than dental issues.
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The composite veneers segment is expected to dominate the global dental veneers market due to its lower cost compared to other veneers. Composite veneers provide an aesthetic and comfortable solution for patients seeking minor cosmetic tooth corrections. They can be used to repair minor fractures or tooth discoloration. Composite veneers are custom made chairside and bonded directly to the surface of the tooth. This provides a quick and less invasive treatment option suitable for minor cosmetic corrections.
The adult age group segment is expected to witness significant growth in the dental veneers market during the forecast period. Increasing awareness of dental aesthetics and increasing disposable income has boosted cosmetic dental procedures among adults. Adults seek treatments such as dental veneers to cover stained, chipped or cracked teeth to improve their smile. Increased attention to physical appearance and the desire to maintain a youthful appearance is driving the demand for cosmetic dental corrections such as veneers among adults between the ages of 25 and 55.
Basic purchase information:
The global dental veneers market is expected to register a CAGR of 7.4% during the forecast period 2024-2031, owing to the increasing demand for minimally invasive cosmetic dental procedures.
Based on veneer type, composite veneers segment is expected to dominate due to its lower cost compared to other veneers.
On the basis of age group, the adult segment is expected to hold a dominant position during the forecast period owing to the growing awareness regarding dental aesthetics. As an end use, the dental hospital sector dominates due to the availability of advanced infrastructure and skilled professionals.
By region, North America is expected to hold a dominant position during the forecast period owing to the availability of advanced technologies and rising dental expenditure.
Key players operating in the global dental veneers market include Dentasply Sirona, Kuraray America, Inc., Ivoclar Vivadent, S, HOFU Dental GmbH and 3M among others. These key players are focusing on new product launches and regional expansion to strengthen their market presence.
Recent Developments:
In December 2021Dentsply Sirona, announced the expansion of their strategic partnership by combining Dentsply Sirona’s Connect Case Center with 3Shape’s Dental System software.
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Detailed Segmentation:
By veneer type:
By age group:
By End User:
By region:
North America:
Latin America:
Europe:
Asia Pacific:
Middle East:
Africa:
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