Dental Insurance Market Size, Share, Growth Analysis Report By Coverage (Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans, Others), By Type (Major, Basic, Preventive), By Demographic (Senior Citizens, Adults, Minors), By End-User (Individuals, Corporates), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Allianz
- Aetna Inc.
- AXA
- Cigna
- Others
Reports Description
The size of the Global Dental Insurance Market was estimated to be around USD 170 billion in 2021 and is projected to reach USD 300 billion by 2030, with a CAGR of roughly 9.0% between 2022 and 2030.
The analysis examines the market’s drivers and restraints for dental insurance as well as how they will affect demand throughout the forecast period. The paper also looks at international opportunities in the market for dental insurance globally.
Dental Insurance Market: Overview
Dental Insurance is a type of health insurance that pays for dental care and the associated costs. This comprises regular premium payments and either full or partial Dental Insurance coverage. It typically pays for oral procedures like cushioning, root canals, safety measures, and tooth extractions. The coverage of standard Dental Insurance plans provided by the Dental Protection Organization (DHMO), the Exclusive Provider Organization (EPO), and the Preferred Provider Organization includes direct reimbursement and compensation programs (PPO). Dental Insurance enables access to top-notch medical care, lowers total expenses, promotes oral health, and helps pay for major illnesses and operations.
One of the primary reasons impeding market growth and adding to challenges for the expansion of the Dental Insurance market during the forecast period is the advancement and development of dental treatments, slim profit margins, and greater convergence of dental and health insurance.
Dental Insurance Market: COVID-19 Impact Analysis
The Dental Insurance market has been slightly impacted by the COVID-19 outbreak. This occurs as a result of the substantial decline in dental treatment demand as well as the pandemic’s economic effects. Coronavirus requires urgent and challenging services like oral examinations, cleaning, and routine x-ray examinations because the blockade has had a significant impact on consumer migration and disruption to businesses around the world. I irritated you. The severely impacted eruptions’ itinerary has been adjusted.
Dental Insurance Market: Growth Drivers
The global dental insurance market is growing as a result of things like economic growth, medical advancements, favorable demographic trends, governmental reforms, and initiatives, plans to attract foreign investment, rising salaries, and increased public awareness of the importance of dental care. Additionally, the adoption of cloud computing, data analysis, and other technologies’ advantages is anticipated to propel the growth of the worldwide Dental Insurance market. The Dental Insurance market does, however, confront some substantial obstacles, such as severe rivalry and extremely low-profit margins. Additionally, the worldwide market has seen a great deal of uncertainty due to shifting economic conditions.
Increase global assistance from numerous countries and shield dental insurers from revenue swings. Costs and Returns; The Dental Insurance industry is expanding as people become more aware of the need for good oral hygiene. Growth in the market is being hampered by rising dental medicine advancements and breakthroughs as well as rising Dental Insurance coverage convergence with health insurance plans.
Dental Insurance Market: Segmentation Analysis
Preventive procedures dominated the market in 2021 and are anticipated to continue dominating during the forecast period. Because it offers 100 percent Dental Insurance coverage which is primarily offered by general and pediatric dentists it lowers out-of-pocket expenses for dental care.
The market can be separated into segments for children, adults, and seniors based on demographics. The smaller sector is anticipated to expand the fastest due to the frequency of dental issues in children. Due to increased understanding of dental insurance, adults are also anticipated to increase.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 170 Billion |
| Projected Market Size in 2030 | USD 300 Billion |
| CAGR Growth Rate | 9.0% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | Allianz, Aetna Inc., AXA, Cholamandalam MS General Insurance Company Ltd, Cigna, and Others |
| Key Segment | By Coverage, Type, Demographics, End-User, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. Examine possible purchases |
Key Insights:
- According to our research analyst’s analysis, the market for Dental Insurance is anticipated to expand at a CAGR of about 9.0% over the forecast period (2022-2030).
- The Dental Insurance Market was estimated to be worth about USD 170 billion in 2021 and is anticipated to grow to USD 300 billion by 2030. The market is expected to grow significantly over the coming years as a result of a number of driving factors.
- Preventive procedures were anticipated to have the highest market share in 2021 based on procedure type segmentation.
- Geographically speaking, the “APAC” area generated the most income in 2021.
Recent Development
Feb 2022 – To strengthen the advantages of virtual dentistry, United Healthcare and the software provider Quip will launch digital resources on February 9, 2022.
May 2022 – MetLife authorized a fresh USD 3 billion authorization for the business to buyback common stock on May 4, 2022.
Regional Landscape
With higher disposable income, higher health and safety regulations, greater oral hygiene awareness, lower costs for Dental Insurance providers, and faster drug research and progress, the Asia-Pacific region dominates the Dental Insurance market.
Additionally, raising public awareness aids in market expansion. Dental Insurance safety regulations as well as the creation and continued creation of medications for treating teeth were carried out as disposable money rose along with rising oral hygiene and health awareness. Supplemental Dental Insurance is a convergence of health insurance.
Competitive Landscape
The report contains a thorough competitive analysis of these major Dental Insurance players, together with information on their company biographies, recent accomplishments, and important marketing tactics.
The global Dental Insurance market is segmented as follows:
By Coverage
- Dental Preferred Provider Organizations (DPPO)
- Dental Health Maintenance Organizations (DHMO)
- Dental Indemnity Plans
- Others
By Type
- Major
- Basic
- Preventive
By Demographic
- Senior Citizens
- Adults
- Minors
By End-User
- Individuals
- Corporates
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Dental Insurance Market, (2022 – 2030) (USD Billion)
- 2.2 Global Dental Insurance Market: snapshot
- Chapter 3. Global Dental Insurance Market – Industry Analysis
- 3.1 Dental Insurance Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Medical Advancements
- 3.2.2 Growing public awareness of the importance of dental care
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Coverage
- 3.7.2 Market attractiveness analysis By Type
- 3.7.3 Market attractiveness analysis By Demographic
- 3.7.4 Market attractiveness analysis By End-User
- Chapter 4. Global Dental Insurance Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Dental Insurance Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Dental Insurance Market – Coverage Analysis
- 5.1 Global Dental Insurance Market overview: By Coverage
- 5.1.1 Global Dental Insurance Market share, By Coverage, 2021 and 2030
- 5.2 Dental Preferred Provider Organizations (DPPO)
- 5.2.1 Global Dental Insurance Market by Dental Preferred Provider Organizations (DPPO), 2022 – 2030 (USD Billion)
- 5.3 Dental Health Maintenance Organizations (DHMO)
- 5.3.1 Global Dental Insurance Market by Dental Health Maintenance Organizations (DHMO), 2022 – 2030 (USD Billion)
- 5.4 Dental Indemnity Plans
- 5.4.1 Global Dental Insurance Market by Dental Indemnity Plans, 2022 – 2030 (USD Billion)
- 5.5 Others
- 5.5.1 Global Dental Insurance Market by Others, 2022 – 2030 (USD Billion)
- 5.1 Global Dental Insurance Market overview: By Coverage
- Chapter 6. Global Dental Insurance Market – Type Analysis
- 6.1 Global Dental Insurance Market overview: By Type
- 6.1.1 Global Dental Insurance Market share, By Type, 2021 and 2030
- 6.2 Major
- 6.2.1 Global Dental Insurance Market by Major, 2022 – 2030 (USD Billion)
- 6.3 Basic
- 6.3.1 Global Dental Insurance Market by Basic, 2022 – 2030 (USD Billion)
- 6.4 Preventive
- 6.4.1 Global Dental Insurance Market by Preventive, 2022 – 2030 (USD Billion)
- 6.1 Global Dental Insurance Market overview: By Type
- Chapter 7. Global Dental Insurance Market – Demographic Analysis
- 7.1 Global Dental Insurance Market overview: By Demographic
- 7.1.1 Global Dental Insurance Market share, By Demographic, 2021 and 2030
- 7.2 Senior Citizens
- 7.2.1 Global Dental Insurance Market by Senior Citizens, 2022 – 2030 (USD Billion)
- 7.3 Adults
- 7.3.1 Global Dental Insurance Market by Adults, 2022 – 2030 (USD Billion)
- 7.4 Minors
- 7.4.1 Global Dental Insurance Market by Minors, 2022 – 2030 (USD Billion)
- 7.1 Global Dental Insurance Market overview: By Demographic
- Chapter 8. Global Dental Insurance Market – End-User Analysis
- 8.1 Global Dental Insurance Market overview: By End-User
- 8.1.1 Global Dental Insurance Market share, By End-User, 2021 and 2030
- 8.2 Individuals
- 8.2.1 Global Dental Insurance Market by Individuals, 2022 – 2030 (USD Billion)
- 8.3 Corporates
- 8.3.1 Global Dental Insurance Market by Corporates, 2022 – 2030 (USD Billion)
- 8.1 Global Dental Insurance Market overview: By End-User
- Chapter 9. Dental Insurance Industry – Regional Analysis
- 9.1 Global Dental Insurance Industry Regional Overview
- 9.2 Global Dental Insurance Industry Share, by Region, 2021 & 2030 (USD Billion)
- 9.3. North America
- 9.3.1 North America Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.3.1.1 North America Dental Insurance Industry, by Country, 2022 – 2030 (USD Billion)
- 9.3.1 North America Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.4 North America Dental Insurance Industry, by Coverage, 2022 – 2030
- 9.4.1 North America Dental Insurance Industry, by Coverage, 2022 – 2030 (USD Billion)
- 9.5 North America Dental Insurance Industry, by Type, 2022 – 2030
- 9.5.1 North America Dental Insurance Industry, by Type, 2022 – 2030 (USD Billion)
- 9.6 North America Dental Insurance Industry, by Demographic, 2022 – 2030
- 9.6.1 North America Dental Insurance Industry, by Demographic, 2022 – 2030 (USD Billion)
- 9.7 North America Dental Insurance Industry, by End-User, 2022 – 2030
- 9.7.1 North America Dental Insurance Industry, by End-User, 2022 – 2030 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.8.1.1 Europe Dental Insurance Industry, by Country, 2022 – 2030 (USD Billion)
- 9.8.1 Europe Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.9 Europe Dental Insurance Industry, by Coverage, 2022 – 2030
- 9.9.1 Europe Dental Insurance Industry, by Coverage, 2022 – 2030 (USD Billion)
- 9.10 Europe Dental Insurance Industry, by Type, 2022 – 2030
- 9.10.1 Europe Dental Insurance Industry, by Type, 2022 – 2030 (USD Billion)
- 9.11 Europe Dental Insurance Industry, by Demographic, 2022 – 2030
- 9.11.1 Europe Dental Insurance Industry, by Demographic, 2022 – 2030 (USD Billion)
- 9.12 Europe Dental Insurance Industry, by End-User, 2022 – 2030
- 9.12.1 Europe Dental Insurance Industry, by End-User, 2022 – 2030 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.13.1.1 Asia Pacific Dental Insurance Industry, by Country, 2022 – 2030 (USD Billion)
- 9.13.1 Asia Pacific Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.14 Asia Pacific Dental Insurance Industry, by Coverage, 2022 – 2030
- 9.14.1 Asia Pacific Dental Insurance Industry, by Coverage, 2022 – 2030 (USD Billion)
- 9.15 Asia Pacific Dental Insurance Industry, by Type, 2022 – 2030
- 9.15.1 Asia Pacific Dental Insurance Industry, by Type, 2022 – 2030 (USD Billion)
- 9.16 Asia Pacific Dental Insurance Industry, by Demographic, 2022 – 2030
- 9.16.1 Asia Pacific Dental Insurance Industry, by Demographic, 2022 – 2030 (USD Billion)
- 9.17 Asia Pacific Dental Insurance Industry, by End-User, 2022 – 2030
- 9.17.1 Asia Pacific Dental Insurance Industry, by End-User, 2022 – 2030 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.18.1.1 Latin America Dental Insurance Industry, by Country, 2022 – 2030 (USD Billion)
- 9.18.1 Latin America Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.19 Latin America Dental Insurance Industry, by Coverage, 2022 – 2030
- 9.19.1 Latin America Dental Insurance Industry, by Coverage, 2022 – 2030 (USD Billion)
- 9.20 Latin America Dental Insurance Industry, by Type, 2022 – 2030
- 9.20.1 Latin America Dental Insurance Industry, by Type, 2022 – 2030 (USD Billion)
- 9.21 Latin America Dental Insurance Industry, by Demographic, 2022 – 2030
- 9.21.1 Latin America Dental Insurance Industry, by Demographic, 2022 – 2030 (USD Billion)
- 9.22 Latin America Dental Insurance Industry, by End-User, 2022 – 2030
- 9.22.1 Latin America Dental Insurance Industry, by End-User, 2022 – 2030 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Dental Insurance Industry, by Country, 2022 – 2030 (USD Billion)
- 9.23.1 The Middle-East and Africa Dental Insurance Industry, 2022 – 2030 (USD Billion)
- 9.24 The Middle-East and Africa Dental Insurance Industry, by Coverage, 2022 – 2030
- 9.24.1 The Middle-East and Africa Dental Insurance Industry, by Coverage, 2022 – 2030 (USD Billion)
- 9.25 The Middle-East and Africa Dental Insurance Industry, by Type, 2022 – 2030
- 9.25.1 The Middle-East and Africa Dental Insurance Industry, by Type, 2022 – 2030 (USD Billion)
- 9.26 The Middle-East and Africa Dental Insurance Industry, by Demographic, 2022 – 2030
- 9.26.1 The Middle-East and Africa Dental Insurance Industry, by Demographic, 2022 – 2030 (USD Billion)
- 9.27 The Middle-East and Africa Dental Insurance Industry, by End-User, 2022 – 2030
- 9.27.1 The Middle-East and Africa Dental Insurance Industry, by End-User, 2022 – 2030 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Allianz
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Aetna Inc.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 AXA
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Cholamandalam MS General Insurance Company Ltd
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Cigna
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.1 Allianz
List Of Figures
Figures No 1 to 30
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
The key factors driving the market such as favorable demographic trends, governmental reforms and initiatives, economic growth, medical advancements, plans to attract foreign investment, growing salaries, and increased public awareness of the importance of dental care.
The key players operating in the dental insurance market are Allianz, Aetna Inc., AXA, Cholamandalam MS General Insurance Company Ltd, Cigna, and Others.
“Asia-Pacific” region will lead the global dental insurance market during the forecast period 2022 to 2030.
The global dental insurance market is expanding growth with a CAGR of approximately 9.0% during the forecast period (2022 to 2030).
The global dental insurance market size was valued at US$ 170 billion in 2021 and it is projected to reach around US$ 300 billion by 2030.
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