Canada Dental Market: Insights & Forecast with Potential Impact of COVID- 19 (2022-2026)

NIVERVILLE, Manitoba - July 25, 2022 - PRLog -- The Canada dental market is forecasted to reach US$16.61 billion in 2026, experiencing growth at a CAGR of 2.41% during the period spanning from 2022 to 2026. Growth in the Canada dental market is supported by factors such as consolidation of dental practices, aging population, high dental IQ, rising dental health expenditure and rising incidence of tooth decay among younger generation. However, the market growth is expected to be restrained by high cost of dental products and procedures and reimbursement issues.

The Canada dental market by type of insurance can be segmented as follows: private insurance, no insurance, private insurance w/copays, public provincial governments, public federal government direct and public municipal government. The larger share of the market was held by private insurance. Health care consumerism and cosmetic dentistry trends have been supporting the Canada dental market. The Canada dental market revenue by type of dentistry can be segmented as follows: general dentistry, specialized dentistry and other dentistry, where general dentistry holds a dominant share in the market. The Canada dental market revenue by type of products and services can be further segmented as follows: restorative, prevention, surgery, orthodontics, prosthodontics, urgent need, periodontics and other. The larger share of the market was held by restorative. The Canada number of dentists by practice type can be segmented as follows: independent practices, partnerships, associates in private practices, academic settings, public health, military and other settings/ retirement. The larger share of the market was held by independent practices.

In 2020, the dental operations have been significantly affected by government restrictions in Canada, as most of its dental practices were limited to emergency-only services. As a result, of the imposed strict social distancing guidelines, dental practices were closed in Canada.

Scope of the report:

• The report provides a comprehensive analysis of the Canada dental market with impact of COVID-19.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Dentalcorp Holdings Ltd., 123Dentist, Altima Dental Canada Holdings Inc., Canadian Orthodontics Partners (COP), Teeth First Dental and MCA Dental Group Limited) are also presented in detail.

For more Information:

https://www.konceptanalytics.com/report/pharma-healthcare/canada-dental-market-insights-forecast-with-potential-impact-of-covid-19-2022-2026

Koncept Analytics

Vikas Gupta

(Business Development Manager)

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Mail ID – vikas@konceptanalyticas.com