The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising frequency of oral diseases is projected to drive the growth of the dental insurance industry in the coming years.

The global dental insurance market size is expected to grow from $168.90 billion in 2022 to $183.13 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The global dental insurance market size is expected to reach $246.29 billion in 2027 at a CAGR of 7.7%.

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Global Dental Insurance Market Segments Include:

• By Type: Major, Basic, Preventive
• By Coverage: Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans, Other Coverages
• By Demographics: Senior Citizens, Adults, Minors
• By End User: Individuals, Corporates
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global dental insurance market in 2021.

Major Market Players in the dental insurance market include Aetna Inc., Aflac Inc., Allianz SE, Ameritas Holding Company, Axa S A, Cigna Corp, Delta Dental Insurance Co, Apollo Munich Health Insurance.

Product innovation has emerged as the most popular trend in the dental insurance market. To maintain their market position, major players in the dental insurance market are focusing on creative solutions. For example, Retrace Labs Inc., a US-based artificial intelligence-powered dental health startup, collaborated with Intel Corporation, a US-based technology company, and SoftBank Group Corp, a Japan-based integrated telecommunications services provider, to launch an AI-based dental management network in October 2021 to streamline the complexity of dental administration with scalable end-to-end services. Stealth mode with a product that claims to be a first in the dental business, allowing real-time connectivity between payers, providers, and patients to enable prompt payments based on quality metrics. It helps providers and payers navigate a complex system.

The Dental Insurance Global Market Report 2023  provides a dental insurance market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dental insurance market forecast analyzes dental insurance market size, dental insurance market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Dental insurance is a sort of health insurance that covers the costs of dental care, such as tooth and gum problems, as well as preventative measures such as annual cleanings. A corporation offers to pay a percentage of a consumer’s medical bills in exchange for the payment of a monthly premium.

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