The vast array of services such as dental implants, teeth whitening, invisible braces, orthodontics, prosthodontics, enameloplasty, and other restorative procedures are attracting people and indulging the business leaders in spending in the Cosmetic Dentistry Market. Poor reimbursement options and the mounting cost of dental imaging became a hindrance in the cosmetic dentistry market growth. The recent cosmetic dentistry grant program (CDG) by the Oral Aesthetic Advocacy Group (OAAG), is going to have a tremendous ripple effect on the cosmetic dentistry market, paving the way for anyone to enhance their smile and dental aesthetics by giving out $1 million grants every year.Moreover, as per the publication of 502 of the Internal Revenue Service (IRS), a wide range of dental treatment procedures, such as fluoride treatments, fillings, sealants, braces, extractions, and dentures are tax-deductible. Though IRS states that some cosmetic dentistry procedures are not tax-deductible, the determining factor for it is whether the treatment is medically necessary or not. As of 2018, the cosmetic dentistry market size attained a global valuation of 19.6 billion, and it is estimated to witness an increment at a CAGR of 6.6% during the forecast period 2019-2025.
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Cosmetic Dentistry Market Overview in Europe:
The launch of several innovative outcomes across the Europe region, which will be comprehensively recognized in the cosmetic dentistry sector will perceive a notable upsurge in the Europe cosmetic dentistry market in the next years. These innovations after constant R&D aims to improve the appearance of teeth and gum through procedures such as gum depigmentation, gingivectomy, teeth straightening, and others are providing an extreme impact on the Europe cosmetic dentistry market.
Cosmetic Dentistry Market Trends & Growth Drivers:
Oral health involving every aspect of one's life is often taken for granted. The systemic diseases often become apparent due to this ignorance. Government has initiated several health programs to lessen oral problems. Cosmetic dentistry market is broadly owing to the improvement of dental health.
Cosmetic Dentistry Market: Competitive Landscape
Market players in the cosmetic dentistry market are 3M Company, Danaher Corporation, Dentsply International, Inc., Institut Straumann AG, Zimmer Biomet Holding, Inc., Align Technology, Inc., Sirona Dental Systems, Inc., Biolase, Inc., Planmeca Oy, A-dec Inc., and Q & M Dental Group.
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