United States Dental Market is expected to be $30.59 Billion by 2027, from $15.57 Billion in 2020, growing at a CAGR of 10.13% during 2020-2027
The factors that are expected to drive the demands of the dental equipment industry in the USA are:
The ageing of the American population
Advancement in dental procedure due to advanced technology
Some other factors may include poor oral hygiene, smoking habits, diabetes. Moreover, the demands of prosthetic, preventive and surgical dentistry will also contribute to this market. However, the lack of proper reimbursement and the high cost of dental procedures hinder the market growth.
Dental equipments are the tools that help to treat, examine, manipulate and restore any oral ailments. In the United States, there has been a surge in the number of dental implant and surgeries performed due to the growing ageing populace. The most common dental procedures include root canal, periodontal, bonding, and fillings.
COVID-19 effect on United States Dental Industry
Dentistry is facing its most challenging time in recent history with the outbreak of coronavirus disease. The COVID-19 pandemic has effectively closed approximately 198 thousand dental doctors and active dentists in the USA. Since dental surgeons are at the highest risk of contracting the Coronavirus, with the pandemic still at large, the USA's dental market will not be able to revive in its pre-pandemic phase in 2021.
But with the speeding of COVID vaccine shots, we expect the USA dental market to start recovering from the second half of 2021.