According to the latest report of the IMARC group titled “Dental Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on dental insurance market share. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. The market reached a value of US$173.2 billion in 2021. The Dental Insurance Market will reach US$290.5 Billion by 2027, growing at a CAGR of 8.60% during the period 2022-2027.
Dental insurance refers to a health care policy that provides reimbursement for dental treatment. It covers the cost of root canals, fillings, preventive care solutions and oral surgeries. Apart from that, it helps in minimizing the overall costs of healthcare services.
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Like the new coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
The global market is mainly driven by the growing demand for cosmetic dental services, including professional teeth whitening and oral restorations through dental fillings. Furthermore, the increasing prevalence of oral diseases among the masses has given impetus to the requirement for dental insurance policies in a bid to cover treatment expenses while accessing top quality care. Moreover, the growing awareness about oral hygiene among individuals has also positively influenced the growth of the market. Additionally, numerous initiatives taken by the governments of several countries to improve the healthcare benefits have prompted customers to invest in dental insurance, thereby contributing to the growth of the market across the globe.
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Competitive landscape with key players:
The report has also analyzed the competitive landscape of the market with some of the key players.
- Aetna Inc. (CVS Health Corporation)
- Aflac inc.
- Allianz SE
- Ameritas Life Insurance Corp.
- Axa SA
- Delta Dental Plan Association
- MetLife Inc.
- United Concordia (Highmark Inc.)
- United HealthCare Services Inc.
Dental insurance Market segmentation :
Our report has categorized the market based on region, type, coverage, demographics, and end-use industry.
Breakdown by type:
Breakdown by coverage:
- Preferred Dental Provider Organizations
- Dental Health Organizations
- Dental insurance plans
Breakdown by demographics:
- The elderly
Breakdown by end user:
Breakdown by region:
- North America (USA, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
We update our reports, if you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request a free sample report, the report will be emailed to you in PDF format within 24-48 hours of payment confirmation.
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