U.S. Dental Chains Market Growth & Trends
The U.S. dental chains market size is expected to reach USD 259.6 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.1% from 2022 to 2030. The growth of the dental chains in the country is mainly attributed to an increase in the prevalence of dental caries and other periodontal problems and rising awareness regarding the availability of various dental services. The technological improvements in dentistry and the growing demand for cosmetic and laser dentistry are some of the additional factors contributing to the market expansion.
In the U.S., the COVID-19 outbreak effectively closed down around 198,000 practicing dentists and dental professionals. Most dental treatments emit aerosols that can be inhaled or come into contact with contaminated surfaces, increasing the risk of infection among dental professionals or subsequent patients. As a result, the dental practices were closed. According to the American Dental Association (ADA) Health Policy Institute’s study of current data from various federal authorities, national dental expenditures declined by 1.8%in 2020.
The Covid-19 pandemic encouraged dental practices to adopt new operational practices and technological innovations. For instance, in December 2020, 3M Oral Care, a global corporation, invested in AI’s prospects. The firm stated that the BluelightCheckUp Radiometer was the result of a collaboration with Bluelight Analytics. The radiometer can directly measure all significant curing lights and determine the optimal curing period for light and material combinations by combining AI with an extensive database of light-curing data.
In May 2021, American Dental Partners Incorporated (ADPI) and Heartland Dental, the key dental support organizations in the country, agreed on a strategic transaction. ADPI is widespread with 278 locations spread across 21 states and 23 dental group practices with headquarters in Massachusetts. Thus, with more patients having access to enhanced oral healthcare, this strategic partnership increases the number of doctor leaders within the Heartland Dental community. Additionally, as a result of this agreement, Heartland Dental and ADPI would collectively have a network of over 2,300 backed dentists in over 1,400 locations across 38 states.
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U.S. Dental Chains Market Report Highlights
In the U.S., the rising prevalence of oral diseases and disorders is driving the market. As per the American Academy of Cosmetic Dentistry, adults between the ages of 31 and 40 and baby boomers enquired about cosmetic dentistry
Several rising technological market trends include the expanding usage of lasers in dentistry, along with the increased adoption of equipment with revolutionary dental technology. Laser dentistry offers various benefits such as reduced bleeding and the need for sutures
According to the American Dental Association (ADA) in 2020, the U.S. had 201,117 practicing dentists. This equated to 61.0 dentists for every 100,000 people. Moreover, the yearly number of dental school graduates in the U.S. is expected to rise until 2026 before leveling off, and dentist retirement rates are anticipated to rise during the forecast period
Moreover, pediatric dentists emerged as the second biggest group of practicing dental professionals in 2020, behind orthodontists, owing to their rapid expansion. The prevalence of dental graduates continues to rise over the next decade, and the number of dental specialty graduates is projected to grow at a similar rate
Patients are now more likely to use teledentistry services in the subsequent years as more innovations hit the market. Pacific Dental Services (PDS), a key dental support firm, introduced a TeleDentistry platform for patients in the U.S. in April 2020. The COVID-19 pandemic continues to put a strain on urgent care facilities and hospital emergency rooms, and the platform’s introduction is intended to serve the people
In July 2022, CareCru, a company that specializes in workflow automation, business analytics software, and proprietary AI-driven patient engagement, successfully launched its practice growth platform in the U.S. in July 2022. Additionally, it is now available in numerous locations within dental groups and DSOs throughout the U.S., making it the single largest implementation of an all-in-one platform in North America
In March 2020, Virtudent Connect brings dental appointments, which are traditionally done at a dentist’s office, to the patient in a digital format. It makes it simple and accessible for anybody with dental-related concerns, issues, or discomfort to receive consultation and treatment from Virtudent’s team of skilled dental experts from the comfort and convenience of their own home
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