Global Dental Insurance Market, By Coverage (Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans, Others), Procedure Type (Major, Basic, Preventive), Demographics (Senior Citizens, Adults, Minors), End-User (Individuals, Corporates), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Dental Insurance Market Analysis and Insights
Dental insurance market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 210.29 billion and grow at a CAGR of 5.01% in the above-mentioned forecast period. Increase in support from several governments all over the globe drives the dental insurance market.
Dental insurance policy is basically designed to pay a portion of costs which are associated with treatment of dental conditions and preventive dental care. It is very helpful in paying for unexpected dental emergencies that may be expensive to fix. Moreover, Indemnity Plans, Preferred Provider Organizations (PPO), Dental Health Maintenance Organizations (DHMO), Direct Reimbursement, and Exclusive Provider Organizations (EPO) are several types of dental insurance coverages currently offered to individuals, families, and groups
Rising protection of dental insurers against fluctuations in revenues is the vital factor escalating the market growth, also rise in awareness toward oral hygiene, less prices of the dental insurers, rise in the advancements and developments of medicines for dental treatments, increase in the convergence of dental insurance coverages in health insurance, rise in the awareness toward dental insurance, and adoption of technology services in dental insurance product lines and increased adoption of dental insurance in the U.S. are the major factors among others driving the dental insurance market. Moreover, rising research and development activities in the healthcare sector and rising emerging markets with increasing geriatric population base will further create new opportunities for dental insurance market in the forecasted period of 2021-2028.
However, rise in advancements and developments of medicines for dental treatments, tough profit margins and increase in convergence of dental & health insurance are the major factors among others which will obstruct the market growth, and will further challenge the growth of dental insurance market in the forecast period mentioned above.
Dental insurance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dental insurance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Dental Insurance Market Scope and Market Size
Dental insurance market is segmented on the basis of coverage, procedure type, demographics and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of coverage, dental insurance market is segmented into dental preferred provider organizations (DPPO), dental health maintenance organizations (DHMO), dental indemnity plans and others.
- Based on procedure type, the dental insurance market is segmented into major, basic and preventive.
- Based on demographics, the dental insurance market is segmented into senior citizens, adults and minors.
- The dental insurance market is also segmented on the basis of end-user into individuals and corporates.
Dental Insurance Market Country Level Analysis
Dental insurance market is analysed and market size insights and trends are provided by country, coverage, procedure type, demographics and end-user as referenced above.
The countries covered in the dental insurance market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the dental insurance market due to increase in disposable income, rise in health security standards, rise in awareness toward oral hygiene, less prices of the dental insurers, rise in the advancements and developments of medicines for dental treatments and increase in the convergence of dental insurance coverages in health insurance.
The country section of the dental insurance market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Dental insurance market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for dental insurance market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the dental insurance market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Dental Insurance Market Share Analysis
Dental insurance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dental insurance market.
The major players covered in the dental insurance market report are Aetna Inc, Allianz, AFLAC INCORPORATED, AXA, Ameritas, Delta Dental Plans Association, Cigna, MetLife Services And Solutions, LLC, HDFC Ergo Health Insurance Ltd, Humana and United HealthCare Services, Inc, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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