Dental services market discovers untapped potential in franchise dentistry
Commercial Research Company Dental Services Market Report 2022 – And by Region, Opportunities and Strategies – Global Forecast to 2031
LONDON, GREATER LONDON, UK, October 24, 2022 /EINPresswire.com/ — Franchise dentistry is gaining in importance. This is a change in an industry that has traditionally been dominated by independent dentists. Franchises have buying power advantages over individual owners. Dental service franchises provide staff, accounting, repairs and other services to dentists, which lowers their costs. The dental franchise model offers the advantage of cost savings through economies of scale and increased bargaining power. The dental franchise model reduces the overall prices of the services, which in turn will increase the number of patients benefiting from the dental services, thus boosting the market.
Dental service providers are moving from metal-based dental restorations to ceramic-based dental restorations. This is due to improved aesthetics and performance characteristics of dental ceramics. The technological evolution of dental ceramics is supported by advanced imaging and material cutting techniques using CAD/CAM and laser processes, improving the flexural strength and toughness of restorations. For example, IPS e.max from Ivoclar Vivadent® ZirCAD® Prime is made using Gradient Technology (GT), which uses powder conditioning to combine 3Y-TZP and 5Y-TZP oxide ceramic powders for improved strength and aesthetics.
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The global dental services market reached a value of nearly $365.60 billion in 2020, with a declining compound annual growth rate (CAGR) of -0.7% since 2015. The decline is mainly due to standards lockdowns and social distancing imposed by various countries and economic conditions. slowdown in all countries due to the COVID-19 epidemic and the measures taken to contain it. The market is then expected to recover and grow at a CAGR of 8.6% from 2020 to reach USD 551.90 billion by 2025. The global dental services market is expected to reach USD 709.70 billion by 2030, at a 5.2% CAGR.
The main actors covered by the global dental services industry are National Health Service England, The British United Provident Association Limited, Integrated Dental Holdings, Aspen Dental Management Inc., InterDent, Inc.
The TBRC Dental Services market report is segmented by Type of Procedure in Non-Cosmetic Dentistry, Cosmetic Dentistry, by Type of Service in General Dentistry, Orthodontics & Prosthodontics, Oral Surgery, by End User into Male, Female.
Dental Services Market 2022 – By type (general dentistry, oral surgery, orthodontics, prosthodontics), by type of procedure (cosmetic dentistry, non-cosmetic dentistry), by end user (gender) (male, female), by type of expenditure (public, private), And by Region, Opportunities and Strategies – The Global Forecast to 2031 is part of a series of new reports from The Business Research Company that provides dental services market overview, forecasts dental services market size and growth for overall market, Dental Services Market Segments, Geographies, Dental Services Market Trends, Dental Services Market Drivers, Restraints, Revenues, Dental Services Market Profiles and Shares of Key Competitors.
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