Market Size of Global Dental Insurance Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dental Insurance Market Analysis
Dental Insurance Market has generated a revenue of USD 165 billion in the current year and is poised to achieve a CAGR of 9% for the forecast period.
Dental insurance is coverage protection for dental treatments. A dental insurance policy is designed to pay a portion of the costs associated with the treatment of dental conditions and preventive dental care. It helps in paying for unexpected dental emergencies that may be expensive to fix.
Developing economies are now getting concerned about oral health and the demand for dental care is emerging.
Various factors are leading to the growth of the dental insurance market such as rising disposal income, awareness of aesthetics, and rising frequent case of oral diseases such as gingivitis, tooth decay, oral cancer, etc.
During the COVID-19 outbreak, dental insurance providers have been largely affected, which has resulted in massive losses for insurers across the world due to consecutive lockdowns, social distancing norms, and an increased number of COVID-19-positive cases. The market for dental insurance is slowly grown after the pandemic. Increased awareness regarding the adoption of dental insurance in many developed nations has led to the widespread adoption of insurance policies.
