Cosmetic Dentists in the US - Industry Market Research Report

Say Cheese: Demand from All Age Groups is Expected to Benefit from Rising Disposable Income

The Cosmetic Dentists industry has contended with unfavorable economic conditions and competition from at-home alternatives over the past five years. Since cosmetic dental procedures are considered nonessential, consumers have postponed or forgone these procedures during the pandemic and amid recent inflationary pressures. A burgeoning senior population has boosted demand from this age group, who visit cosmetic dentists for tooth decay or loss. Technological advancements have also improved the accuracy of many procedures, like implants, and offered patients more customized solutions. Still, revenue for the Cosmetic Dentists industry has fallen at a CAGR of 1.4% over the past five years, reaching an estimated $5.6 billion in 2023. In 2023 alone, revenue will shrink by an estimated 5.6%. This industry includes companies that primarily provide elective dental services to improve the appearance of teeth, gums or overall smiles. Services include cosmetic crown and bridgework, veneers, inlays and outlays, direct bonding and whitening procedures. Industry services are not generally covered by insurance, making them highly discretionary. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.