How large is the dental insurance market, and what is its growth trajectory?
The dental insurance market size has grown strongly in recent years. It will grow from $197.24 billion in 2024 to $214.02 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increasing awareness of oral health, employer-sponsored dental benefits, rising dental care costs, government policies and regulations, shift in focus to preventive care.
The dental insurance market size is expected to see strong growth in the next few years. It will grow to $301.37 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to population aging and dental care needs, expansion of dental networks, customization and flexibility in plans, integration with overall health coverage, digitalization and enhanced customer experience. Major trends in the forecast period include digital claims processing, inclusive coverage for orthodontics, wellness incentives and discounts, global expansion strategies, data analytics for risk management.
Get Your Free Sample of The Global Dental Insurance Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9208&type=smp
What have been the primary factors driving the dental insurance market’s growth?
The increasing prevalence of oral disorders is expected to propel the growth of the dental insurance market going forward. Oral illnesses are disorders that comprise a variety of diseases and situations, such as tooth decay, periodontal (gum) disease, tooth loss, oral cancer, and others. Dental insurance provides the individual with coverage related to medical care expenses and managing funds for those suffering from oral illness and increases the frequency of dental check-ups that benefits the patients. For instance, in March 2023, according to a report published by the British Dental Association, a UK-based professional membership organization, in England, 23.7% of 5-year-olds showed signs of dentinal decay in 2022, a slight rise from 23.4%. Additionally, dental decay was far more common in deprived areas (35.1%) than in affluent ones (13.5%), showing a 21.6 percentage point disparity. Therefore, the increasing prevalence of oral disorders will drive the growth of the dental insurance market.
What are the key segments within the dental insurance market?
The dental insurance market covered in this report is segmented –
1) By Type: Major, Basic, Preventive
2) By Coverage: Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans, Other Coverages
3) By Demographics: Senior Citizens, Adults, Minors
4) By End User: Individuals, Corporates
Subsegments:
1) By Major: Crowns, Bridges, Dentures, Oral Surgery
2) By Basic: Fillings, Root Canals, Periodontal Treatments
3) By Preventive: Routine Cleanings, X-rays, Oral Examinations, Sealants
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/dental-insurance-global-market-report
Which key players are shaping the dental insurance market?
Major companies operating in the dental insurance market include United HealthCare Service LLC, Cigna Corp., Kaiser Permanente Inc., Humana Inc., MetLife Services and Solutions LLC, Aetna Inc., Anthem Insurance Companies Inc., EmblemHealth Inc., Delta Dental Insurance Co., Ameritas Holding Company, Horizon Blue Cross Blue Shield of New Jersey, Dominion group of companies, Healthplex Inc., Guardian Life Insurance Company of America, Renaissance Holding Company, DentaQuest Inc., United Concordia Insurance Co., WellCare Health Plans Inc.
How will emerging trends drive the dental insurance market throughout the forecast period?
Major companies operating in the dental insurance market are focused on innovative solutions to such as AI-powered dental insurance verification tool sustain their position in the market. An AI-powered dental insurance verification tool automates and streamlines the process of confirming patient insurance coverage, reducing administrative workload and minimizing errors. For instance, in June 2024, Pearl a US-based technology company launched Precheck, an AI-powered insurance eligibility and benefits verification tool designed to streamline the insurance verification process for dental practices. Utilizing natural language processing (NLP), Precheck compiles and synthesizes patient insurance data to provide comprehensive coverage information, enhancing accuracy and efficiency in dental practices. It is available as an add-on to Pearl’s clinical performance platform, Practice Intelligence, and aims to improve operational efficiency and patient care by delivering more reliable benefits data.
How do regional factors impact the dental insurance market, and which region is the largest contributor?
The countries covered in the dental insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Dental Insurance Market Report 2025 Offer?
The dental insurance market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Dental insurance is a type of health insurance that covers the costs of dental treatment, including concerns with the teeth and gums, as well as preventative treatments such as annual cleanings. In exchange for the payment of a monthly premium, a corporation offers to pay a portion of a consumer’s medical expenses.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9208
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
