The global cosmetic dentistry market is set to reach $22.4 billion by 2020.
Here are five things to know:
1. The market is expected to grow at a CAGR of 6.8 percent from 2015 to 2020.
2. Various factors driving the market include growing consumer awareness, increasing focus on dental aesthetics, expanding middle-class population with more disposable incomes in developing nations and rising dental tourism in emerging markets.
3. An increasing focus on technological innovations and increasing trend of R&D investments are also expected to bolster the market.
4. A lack of cosmetic dental procedure reimbursement and the high cost of dental imaging systems may hinder the market's growth.
5. Kept players in the market include 3M, A-Dec, Align Technology, Biolase, Danaher, Dentsply International, Institut Straumann, Planmeca Oy, Sirona Dental Systems and Zimmer Biomet.
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