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Cosmetic Dentistry Market: Which geography would provide most opportunities in the next 5 years?

The global cosmetic dentistry market is expected to reach USD 22.4 Billion by 2020 from USD 16.1 Billion in 2015, at a CAGR of 6.8% during the forecast period of 2015 to 2020. Rising focus on dental aesthetics, growing middle class population, and growing consumer awareness about cosmetic dentistry have led to the growth of the global cosmetic dentistry market. The growing demand for orthodontic braces and dental implants in emerging markets owing to dental tourism are expected to provide new growth opportunities to companies, further propelling the growth of Cosmetic Dentistry market.
In this report, the cosmetic dentistry market is segmented on the basis of product and region. On the basis of product, the market is segmented into dental systems and equipment, dental implants, dental bridges, dental crowns, dental veneers, orthodontic braces, bonding agents, and inlays and onlays. The dental systems and equipment segment is further divided into instrument delivery systems, handpieces, dental chairs, light curing equipment, scaling units, CAD/CAM systems, dental lasers, and radiology equipment. The dental radiology equipment segment is sub-segmented into extra-oral radiology equipment, intra-oral radiology equipment, and cone-beam computed tomography (CBCT) scanners. The dental implants segment is sub-segmented into titanium implants and zirconium implants, while the dental bridges segment is subdivided into traditional bridges, cantilever bridges, and Maryland bridges. The orthodontic braces market is sub-divided into fixed braces and removable braces.
In 2014, the dental systems and equipment market occupied a major share of 32% to 37% of the global cosmetic dentistry market, owing to the widespread use of equipment such as CAD/CAM systems, handpieces, and dental chairs in dental procedures. CAD/CAM systems enable the effective designing of dental prosthetics in 3D, due to which they have been finding wider applications, further propelling growth of Cosmetic Dentistry market.
On the basis of region, this market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. The research report discusses the key market drivers, restraints, challenges, and opportunities in the global cosmetic dentistry market and its submarkets.
Europe commanded the largest share of the cosmetic dentistry market, followed by North America, Asia-Pacific, and Rest of the World. The Asia-Pacific region represents the fastest-growing market due to rising disposable incomes, improving healthcare infrastructure, and rising dental tourism.
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