Global dental veneers market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Dental veneers are thin shells of composite resin or porcelain that are custom made to fit over teeth, giving an attractive and natural look to teeth and improve their appearance. They are used to improve the appearance of the smile by treating mild tooth misalignment, cracks, worn tooth, chips, discoloration, and gaps. The treatment for every patient is custom designed to meet the unique needs. The bonding of dental veneers is done using resin cement.
The factors that are playing a major role in the growth of dental veneers market are the rising demand from the end-users, effective cosmetic dentistry treatment, growing population that is suffering from several dental problems, and the rising awareness among consumers regarding the benefits of dental veneers. However, the presence of alternatives may restrain overall market growth in the years to come. Market is segmented based on type, application, and region.
Porcelain veneers, composite veneers, and other types could be explored in dental veneers market in the forecast period. Porcelain veneers are made in the laboratory, whereas composite veneers are manufactured by the dentist and are applied directly to the teeth. Porcelain veneers sector accounted for the substantial market share of dental veneers in 2017 and is estimated to lead the overall market in the years to come. The reason could be, it preserves slightly translucent and bright appearance of natural teeth and is long lasting in comparison to composite.
The market could be categorized based on applications like a hospital, dental clinic, dental institutions, and others that could be explored in the forecast period. Dental clinic sector accounted for the substantial share of dental veneers industry and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing patients suffering from dental diseases.
Europe accounted for the substantial market share of dental veneers and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing aging population suffering from dental problems, government initiative by funding oral healthcare, and the rising acceptance of dental cosmetic treatments.
North America and the Asia Pacific are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of dental veneers in this region.
The key players of dental veneers market are Unilever, Colgate-Palmolive, P&G, Zimmer, DenMat, Planmeca Oy, Ultradent Products, Biolase, Ultradent Products, Align Technology, Lion, A-Dec, Henkel, Sirona Dental Systems, and Trident. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Research Support Specialist, USA