How is the Dental Veneers Market Poised for Growth: Trends and Opportunities Through 2034
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What key factors are powering the surge in the dental veneers market right now?
The market for dental veneers has seen substantial growth in past years. The market value is set to increase from $2.47 billion in 2024 to $2.67 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.1%. Factors such as a rise in skin cancer cases, heightened consciousness about skin health, emphasis on preventive healthcare, growing aesthetic apprehensions, and an expansion in dermatology practices have contributed to the growth experienced in the historical period.
How fast Is the dental veneers market expected to grow, and what’s its future value?
The market size of dental veneers is anticipated to experience significant growth in the forthcoming years, projecting to reach $3.45 billion in 2029 with a compound annual growth rate (CAGR) of 6.6%. The acceleration during the forecast period can be linked to the worldwide aging population, heightened emphasis on prevention of skin cancer, an increase in dermatology consultations, a concentration on early intervention, and the growth of aesthetic dermatology practices. Key trends predicted for the forecast period encompass the incorporation of artificial intelligence (AI) methods, the creation of smartphone-compatible dermatoscopes, a concentration on multispectral imaging, applications of telemedicine, and improved connectivity and data sharing.
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What are the leading drivers of growth in the dental veneers market?
The surge in dental disorders is anticipated to stimulate the expansion of the dental veneers market. Dental disorders, encompassing a range of conditions that affect the teeth, gums, mouth and affiliated structures, generally lead to the use of dental veneers for treatment. These veneers aid in addressing issues like discolored teeth that result from root canal procedures or stains from tetracycline or other medication, cracked or fractured teeth, and tooth gaps or spaces. For instance, in December 2023, the Canadian Dental Care Plan (CDCP), a government-funded program in Canada, demonstrated the government’s dedication to a healthier future in their 2023 budget by allocating $13 billion over a span of five years and an annual amount of $4.4 billion to bolster the CDCP. Therefore, the increase in dental disorders is set to fuel the expansion of the dental veneer market. Escalating dental expenditure is predicted to drive the growth of the dental veneers market. Dental expenditure refers to the financial allocation made by individuals or healthcare systems towards services, treatments and procedures related to oral health. The escalation in dental expenditure stimulates the use of dental veneers as individuals give priority to cosmetic dentistry procedures to improve oral aesthetics and restoration. For instance, according to FollowApp Care, a company based in the UK that specializes in oral health solutions, the dental market was estimated to be worth $35.40 billion in 2023. Furthermore, it is predicted to grow from $38.95 billion in 2024 to a staggering $95.37 billion by 2032. Therefore, the increase in dental expenditure is set to drive the expansion of the dental veneers market.
What are the key segments defining the dental veneers market?
The dental veneers market covered in this report is segmented –
1) By Product: Porcelain Veneers, Composite Veneers, Other Products
2) By Application: Cosmetic, Medical
3) By End Users: Hospitals, Dental Clinics, Other End Users
Subsegments:
1) By Porcelain Veneers: Laminated Veneers, Full Veneers
2) By Composite Veneers: Direct Composite Veneers, Indirect Composite Veneers
3) By Other Products: Resin-Based Veneers, Ceramic Veneers
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Who are the key players steering the development of the dental veneers market?
Major companies operating in the dental veneers market report are 3M Corporation, Henkel AG & Co. KGaA., Koninklijke Philips N.V, Colgate-Palmolive Company, Dentsply Sirona Inc., Align Technology Inc., Straumann Group, Planmeca Oy, Ivoclar Vivadent AG, Nobel Biocare Holding AG, Ultradent Products Inc., A-dec Inc., Kulzer GmbH, MicroDental Laboratories Inc., Amann Girrbach AG, Brasseler USA LLC, Voco America Inc., Keystone Dental Group, Sun Dental Labs, Den-Mat Holdings LLC, Biolase Inc., Glidewell Dental Lab., Bego USA Inc., Removable Veneers USA, DURAthin Veneers
What emerging trends are influencing the growth of the dental veneers market?
Firms in the dental veneers market are striving to achieve a competitive advantage by introducing innovative dental treatment devices, such as UltraThineer. UltraThineer, a 3D-printed dental veneer, is constructed from advanced materials, ensuring a less invasive treatment option, using an efficient production process. Boston Micro Fabrication, for example, is a US firm specializing in nanotechnology research and the provision of medical and cosmetic veneers. In August 2023, they launched UltraThineer, which is one of the thinnest cosmetic dental veneers in the market, developed using projection micro-stereolithography. The 3D-printed veneers brought about by this new process are customized to be three times slimmer than traditional veneers, significantly simplifying the preparatory tasks for dental professionals.
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Which regions are most influential in expanding the dental veneers market?
North America was the largest region in the dental veneers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental veneers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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