Dental Care Challenge
Balance access to dental services & out of pocket spending
Dental care spending
2022 -Projection 2030
ASIA - PACIFIC
Fastest Growing market
CGR 8.8%
CHINA 34B → 55B
AUS& New Zealand
8B to reach 12B (2030)
USA 162 B USD to reach 250B .
North America
EU 90B to reach 150b
Global Dental Care Spending (2023) 433.2B USD$ to reach 700B USD$ by 2032 (CAGR 4.95%)
Dental Services Market Share
by Region, 2020 (%)
The integration of AI in dentistry has the potential to significantly enhance both diagnostic accuracy and treatment outcomes through several key advancements:
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Source: Precedence Research
Global growth is driven by:
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Increase in Dental health awareness
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Accelerated Dentist’s density in developing economies
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The growing practice of Dental Implants
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Cosmetic dentistry increasing demand
Who is financing Dental Care ?
Even in developed economies dental care is mostly financed by patients directly.
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Globally, the proportion of direct payments made by individuals for dental care, along with payments for medical products, is among the highest of all health-related out-of-pocket expenses.
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In many countries, dental care is not fully covered as part of the public healthcare system and individuals may pay out of pocket for dental services or to seek private insurance.
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Out-of-pocket expenses for dental care vary significantly across different regions and countries.
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In some countries, out-of-pocket payments for dental healthcare make up a substantial proportion of total dental expenditure, even in countries with high private dental insurance coverage.
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This indicates that dental care can be extremely costly and may be beyond the means of many individuals, particularly in developing countries.
Financial protection is undermined when out-of-pocket payments for health care lead to financial hardship (impoverishing and catastrophic health spending) or create a barrier to access, resulting in unmet need for health care.
Dental Care % out of pocket spending
OECD
59%
Say jobs impacted by Ai will be counterbalanced by new roles
58%
Say Ai is a force for good
52%
Plan significant investments in Ai in the next year
Source: EY CEO Outlook Pulse global survey, July 2023.
U.S.A. Dental Spending 2021 USD$ 162B
Source: ADA American Dental Association | U.S.A. Dental Spending 2021 USD$ 162B
Dental care is a top root cause of catastrophic* healthcare expenses in EU.
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In the EU, catastrophic health spending affects on average 4-6% of households.
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Dental care is the top driver of catastrophic health expenses (26%) followed by medical products (22%) and outpatient medicines (19%).
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Out-of-pocket payments for dental care lead to financial hardship for richer households and unmet needs for poorer households.
*Catastrophic expense:
The World Health Organization (WHO) defines catastrophic healthcare expenses as health expenses that exceed a certain percentage of a household's capacity to pay. Healthcare expenses are considered catastrophic if they surpass a specific threshold, often set at 40% of the household's capacity to pay.
Out-of-pocket payments for dental care lead to financial hardship for richer households and unmet needs for poorer households.
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Challenge
National Health Systems Challenge
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For poorer Households, the challenge is affordable access to Dental Services (Universal Health Coverage). Financial protection vs unmet dental care needs.
Health Insurers Challenge
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For average and high-income households the challenge is Financial hardship – reduce % of total out-of-pocket health spending on dental care (secure financial stability).
