Dental Insurance Market
Report ID: SQMIG40D2024
Report ID: SQMIG40D2024
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Report ID:
SQMIG40D2024 |
Region:
Global |
Published Date: February, 2025
Pages:
192
|Tables:
91
|Figures:
71
Dental Insurance Market size was valued at USD 246.35 Billion in 2024 and is poised to grow from USD 269.5 Billion in 2025 to USD 552.97 Billion by 2033, growing at a CAGR of 9.4% during the forecast period (2026–2033).
The market is mainly driven by increased dental care awareness and rising dental health issues. Increasing treatment costs are also expected to drive the growth of the market in the future.
In the early stages of the Covid-19 pandemic, many dental clinics delayed non-emergency procedures or only provided urgent care. This has resulted in reduced access to dental care because there is social distancing of people, and they are going to avoid routine check-ups and treatment options due to the fear of the spread of the disease. In addition, with quarantines, restrictions, and wariness of disease, many delayed daily dental checks and preventive visits. According to the CareQuest Institute for Oral Health, in 2023 nearly 68.5 million adults in the U.S. lacked dental insurance. Based on the third annual State of Oral Health Equity in America (SOHEA) survey, these projections may further surge by the end of 2023 because of the loss of coverage from other household members and the process of Medicaid redetermination. More adults are currently uninsured for dental care which leads to a rise in the number of people needing these plans.
Advancements in technology will further offer growth to the market. This transition towards SaaS and cloud-based solutions away from traditional legacy systems can potentially change the health and dental insurance provider landscape. This reduces the requirement for on-premises servers, thus saving money and making information more accessible. It also helps in collaboration, scalability, seamless integration, easy upgrade, and better user-friendliness. In sum, all these benefits ensure a better experience for both the consumer and healthcare professionals.
September 2024: Delta Dental of California teamed up with Teledentistry.com to bring virtual dental care to over 31 million members to access dental providers with the option of consulting their dentists anytime for urgent needs outside regular hours. Patients will be able to get treatment recommendations, prescriptions from licensed dentists, through video or photo submissions, and a new analysis tool for a photo will be provided to the patient to note any dental problems which can then become important oral health management issues. This program will reduce the reliance on emergency rooms and increase access to preventive care across the country.
August 2023: Ameritas launched a lifetime deductible at no additional cost for new tailored group dental plans. This new feature ensures that members who stay with the same employer will not have to meet their deductible again once it has been met. This feature will significantly improve the satisfaction of clients, retention rates, and long-term affordability by having no recurring deductible payments. Employers and policyholders are predicted to benefit from this amendment; therefore, Ameritas is expected to become even more popular in dental insurance solutions.
July 2023: Dental Door Corporation was founded by Mitsubishi Materials Corporation (MMC). This move will work towards making the services of dental health insurance more technologically advanced. The company introduced Smart Dental Checkup™, a cloud-based dental examination service designed to assist health insurance operators in providing efficient, AI-driven, and data-backed dental assessments. The new platform will focus on enhancing early diagnosis, preventive care, and general monitoring of dental health for policyholders. With the digitized tools of advanced technologies, Dental Door Corporation is trying to modernize the dental insurance industry in such a way that both parties, the insurance party and the member, will be able to enjoy a more accurate, accessible, and streamlined dental checkup experience.
Market snapshot - 2026-2033
Global Market Size
USD 225.18 billion
Largest Segment
Preventive
Fastest Growth
Basic
Growth Rate
9.4% CAGR
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Global Dental Insurance Market is segmented by Coverage Type, Type, Demographic, End-User and region. Based on Coverage Type, the market is segmented into Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans and Others. Based on Type, the market is segmented into Major and Basic. Based on Demographic, the market is segmented into Adults, Seniors and Children. Based on End-User, the market is segmented into Individuals, Families and Groups. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Coverage
As per the 2024 global dental insurance market analysis, the dental preferred provider organizations (DPPO) segment dominated the global market with around 50.0%. DPPOs are managed by a group of dentists who agree to provide services at discounted prices, hence reducing out-of-pocket costs to the members. This feature has made DPPOs appealing since consumers will be in better control of dental care costs. In addition, DPPO plans often include a pre-set billing schedule that allows participants to make more informed financial decisions by receiving an accurate estimate of the cost of treatment. Most people and employers who want full dental insurance coverage to prefer DPPOs because they are cheaper, have a wide provider network, and provide a balance between coverage and flexibility.
The dental health maintenance organizations (DHMO) segment is expected to hold a significant market share during the forecast period due to its structured cost-saving model and affordability. DHMO is a popular coverage for budgeting-conscious individuals and budget-conscious families and households because DHMO plans provide lower monthly insurance premiums compared with other dental coverages, particularly dental indemnity plans. Moreover, DHMO plans operate according to a co-pay structure, meaning that in most cases the policyholder's predictable dental bill will not be unexpectedly high. In addition, DHMOs focus on preventive care services, and most of them provide routine exams and cleanings at little or no cost, which makes them even more appealing. DHMOs are becoming increasingly popular in the global market as cost-conscious consumers seek affordable dental coverage.
Analysis By Type
Based on the 2024 global dental insurance market forecast, the preventive category held the maximum share of the market and dominated more than 42.0% of total revenues. These preventive dental plans mainly aim to achieve two significant objectives, such as the prevention of oral care and prevention of severe conditions of the tooth. They always focus on scheduled exams, cleaning, and timely intervention. The bottom line is that long-term treatment costs are decreased due to an emphasis on preventive care, promoting regular visits to the dentist. Preventive dental insurance premiums also tend to be relatively cheaper than comprehensive or primary plans, which is why families and individuals are attracted to this scheme. The escalating demand and the dominance of this plan in the global dental insurance market are because of affordability, cost-saving benefits, and its accessibility.
The affordability and accessibility of the basic plan segment are expected to drive its substantial compound annual growth rate during the forecast period. Basic plans are an attractive option for the cost-conscious consumer, including the limited budgeted, as they offer basic dental services at a lower cost. The plans often present an economical option compared to full coverage because they usually contain the most basic services, including filings, extractions, and minor diagnostics. In addition, basic plans serve as a gateway product for people entering the global dental insurance industry, allowing them to step up their coverage level when needed. Their high accessibility and low price make them an important driver of future market growth.
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In 2024, the largest share of more than 42.8% is held by developed healthcare infrastructures in North America, which comprises better-developed dental facilities and qualified professionals. This market expansion is fueled by the emphasis on preventive care among individuals. The increasing focus on preventive care among individuals is driving the growth of this market. In this region, widespread employer-sponsored insurance plans and a massive population with disposable income to invest in dental care are also witnessing utilization. Some government programs that are helping to offer cheap health care services include inclusion of dental benefits under comprehensive insurance policies, while improved technology and facilitation in managing dental care and insurance helps fuel the market further.
The North America dental insurance market was dominated by the US in 2024 with a share of 91.70%. The share arises from increasing people's awareness concerning oral health, along with a rise in cavities, gum diseases, and orthodontic requirements. Regular cleaning and check-ups are included in the top of the lists for preventive care services, while most insurance covers now provide benefits for these items. It has transformed the dental insurance business with digital platform technology innovations. Most service providers have been providing access through mobile applications and online portals for claim management, policy updates, and user access to support structures.
Asia-Pacific is anticipated to lead the market during the projection period. This is because awareness of oral care is growing coupled with an upward curve of expenditure in the region's health industry. Moreover, an increasingly empowered middle-class and greater accessibility towards dental care through various governmental oral hygiene initiatives to prevent dental-related problems also act as growth agents for the market. Employer-sponsored dental insurance plans have also gained tremendous growth in the past, primarily in Japan, South Korea, and Singapore. With increased demand, corporate wellness programs are also coming into force in this regard. At the same time, growing popularity of individual dental insurance plans can also be seen in emerging economies, such as the urban population of China and India.
Europeans are realizing the long-term advantages of preventive dental care, which is motivating the insurance companies to come up with plans that cover routine check-ups, cleanings, and other preventive services that prevent costly interventions. Moreover, the rising oral disorder condition of people in the region is pushing the market forward. There are more than 8700 new cases of mouth cancer diagnosed every year in the UK. In this regard, one of the major trends includes the increased addition of dental insurance to comprehensive health coverage, which indicates a trend towards an all-inclusive approach to health care.
The Latin America dental insurance market is growing at a rapid pace because it has a larger population suffering from dental diseases. More than 90% of Mexicans suffer from dental caries, and among all nations, this falls under the highest frequency range of oral disorders, as referred to by the National Library of Medicine. In addition, more sensitivity of individuals in the region towards easy access and affordability related to preventive and restorative care of dental health is gained. Besides that, modernization concerning dental treatments plus the use of digital tools of telemedicine plus mobile applications meant for claims' management increases more engagement of users.
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Dental Insurance Market Drivers
Rising Awareness of Preventive Care and Oral Health
Growing Employer-Sponsored Dental Coverage
Dental Insurance Market Restraints
High Cost of Comprehensive Dental Plans
Complex Reimbursement Policies and Limited Coverage
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Key players are emphasizing digital transformation, strategic partnership, and innovation in the product to strengthen their market position in the highly competitive global dental insurance market. The competition in the market is high for some of the major companies operating in the market, such as Cigna, MetLife, Aetna, Delta Dental, UnitedHealth Group, and Allianz. Insurers are further investing in plans that are bespoke and tele dentistry services with AI-led claims processing to deliver better experiences for consumers. More so, local players are hardening competition as they are releasing insurance solutions more preventive in nature, flexible and accessible.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rising awareness of oral health, increased employer-sponsored plans, and improvement in digital insurance services are contributing to the growth of the global dental insurance market. Consumers prefer affordable and flexible coverage. This is indicated by the dominance of DPPO and preventive plans. Although North America is the largest market in terms of market share, Asia-Pacific is emerging as the next growth region due to the high cost of dental care. The labyrinthine reimbursement policies and high expense of full coverage plans are barriers to the broader acceptance of such plans. Improvements in tele dentistry, claims processing with the help of artificial intelligence, and personalized insurance options drive the development of the market and make it more accessible and efficient. Demand for low-priced, preventive-orientated policies will be ever-growing; hence the industry can sustain its growth across the globe.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 246.35 Billion |
| Market size value in 2033 | USD 552.97 Billion |
| Growth Rate | 9.4% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Dental Insurance Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dental Insurance Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dental Insurance Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dental Insurance Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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