BURLINGAME, Calif., July 22,
2024 /PRNewswire/ --
The global Dental Veneers Market
is projected to grow from USD 2.36
billion in 2023 to USD 3.88
billion by 2031, with a compound annual growth rate (CAGR)
of 7.4% from 2024 to 2031, as per a recent report by Coherent
Market Insights. Increasing number of consumers are now more
aware about the importance of dental aesthetics and oral health.
They want their smile to look perfect and veneers are a minimally
invasive option to enhance the appearance of teeth. Dental veneers
can transform the look, shape, size, and color of teeth without
major dental reconstructive procedures. This rising appearance
consciousness among people is a major driver boosting the demand
for dental veneers.
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Market Dynamics:
The global dental veneers market is driven by the rising number
of dental cosmetic procedures for aesthetic purposes across the
globe. Dental veneers help in improving the worn, stained, oddly
shaped, disproportionate or misaligned teeth. Furthermore, growing
consumer awareness about oral hygiene and increasing dental tourism
are also fueling the market growth. However, high costs associated
with dental veneers procedures may hinder the market expansion
during the forecast period.
Global Dental Veneers Market Report Coverage
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
Data
|
2019–2023
|
Forecast
Period
|
2024–2031
|
Forecast
Units
|
Value (USD
Million/Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and Trends
|
Segments
Covered
|
By Veneer Type, By Age
Group, By End User
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, and Rest of World
|
Growth
Drivers
|
• Rising Concerns for
Improved Aesthetics
• Inclination towards
Non-Invasive Procedures
|
Restraints &
Challenges
|
• High cost of dental
veneers procedures
• Risk of complications
associated with dental veneers
|
Market Trends:
With advancements in dental technology, digital procedures such
as CAD/CAM dental veneers, 3D printed veneers, and smile designing
have gained wide acceptance among dental professionals and patients
across the world. Digital procedures help in improving the
accuracy, reducing errors, shortening production times, and
providing consumers a preview of the final results.
Changing social culture and increasing preferences toward
physical attractiveness have boosted self-esteem issues among
people related to irregularities or malformations in teeth. 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 aesthetic purposes rather
than dental issues.
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The composite veneers segment is expected to hold the dominant
position in the global dental veneers market, owing to its lower
cost as compared to other veneers. Composite veneers provide an
aesthetic and comfortable solution to patients looking for minor
tooth cosmetic corrections. They can be used for repairing minor
teeth fractures or discoloration. Composite veneers are custom
fabricated chairside and bonded directly onto the tooth surface.
This provides a quick and less invasive treatment option suitable
for minor cosmetic corrections.
The adult age group segment is anticipated to witness
significant growth in the dental veneers market during the forecast
period. Rising awareness about dental aesthetics and increasing
disposable income has boosted cosmetic dental procedures among
adults. Adults are seeking treatments like dental veneers to cover
stained, chipped, or cracked teeth for improving their smile.
Increased attention towards one's physical appearance and the
desire to maintain a youthful look is driving the demand for
aesthetic dental corrections like veneers among adults aged between
25 to 55 years.
Key Market Takeaways:
The global dental veneers market is anticipated to witness a
CAGR of 7.4% during the forecast period 2024-2031, owing to the
rising demand for minimally invasive cosmetic dental
procedures.
On the basis of veneer type, the composite veneers segment is
expected to hold a dominant position, owing to its lesser cost as
compared to other veneers.
On the basis of age group, the adult segment is expected to hold
a dominant position over the forecast period, due to growing
awareness about dental aesthetics. By end use, dental hospitals
segment is dominating owing to availability of advanced
infrastructure and skilled professionals.
By region, North America is
expected to hold a dominant position over the forecast period, due
to 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 2021, Dentsply 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:
- Composite veneers
- Porcelain veneers
- No-prep veneers
- Removable veneers
By Age Group:
By End User:
- Dental Hospitals
- Dental Clinics
- Academic & Research Institutions
By Region:
North America:
Latin America:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Europe:
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
Asia Pacific:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Middle East:
- GCC Countries
- Israel
- Rest of Middle East
Africa:
- South Africa
- North Africa
- Central Africa
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