Dental insurance market segments by end user; Secondary

NEW YORK, June 3, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Dental insurance market segments by end user; by product type and region – Global analysis of market size, market share and trends for 2019 – 2020 and forecasts to 2030” – https://www.reportlinker.com/p06191822/?utm_source=GNW
Dental insurance is a type of medical insurance that covers only oral and dental health. This insurance pays for any dental expenses incurred by patients. Dental procedures are very expensive, dental problems are rising rapidly all over the world and there is a growing awareness of dental insurance which is accelerating the growth of the global market in dental insurance.

Market highlights
The global dental insurance company is expected to forecast a compound annual growth rate of 10.32% in 2030.
Global dental insurance will exceed US$454.71 billion by 2030 from US$143.88 billion in 2020 at a compound annual growth rate of 10.36% in the coming years, i.e. 2021-2030. The dental insurance industry market size has increased due to the increased awareness of oral hygiene, the strengthening of support from various countries around the world, and the protection of dental insurance companies from changes in revenue. In the coming years, the use of technologies such as artificial intelligence, data analytics, and cloud computing is expected to provide market players with profitable opportunities.

Global Dental Insurance: Sectors
The Dental Provider Organizations (DPPO) sector grows at the highest compound annual growth rate (CAGR) during 2020-30
Global dental insurance is broken down by product type into dental compensation plans, Dental Health Maintenance Organizations (DHMO), Preferred Dental Provider Organizations (DPPO), and others. By coverage, Preferred Dental Provider Organization (DPPO), which works with an extensive network and provides more diversity, dominates the 2020 market. It represents nearly three quarters of the dental insurance market worldwide. However, in the projected time frame, the largest CAGR of XXXX% is expected in the prosthodontics segment as it covers the most competitive prevention and diagnostic services and specialized treatments such as dentists and prosthodontists.

The individual sector will grow at the highest compound annual growth rate during 2020-30
Global dental insurance is divided by end user into companies and individuals. The highest CAGR of XX% is expected for individual users during the forecast period as dental purchases are expensive and coverage is ultimately age-dependent. The corporate segment was the highest in the world’s dental insurance industry in 2019, however, accounting for more than two-thirds, because employers are legally required to offer certain worker perks, such as health insurance plans, workers compensation, and disability.

market dynamics
drivers
Oral hygiene awareness
The projected dominance of the global dental insurance market was driven by increased knowledge of oral hygiene, increased support from governments around the world, and protection of dental insurance companies from financial shocks.

Technological advances
In the coming years, the use of technologies such as artificial intelligence, data analytics, and cloud computing is expected to provide market players with profitable opportunities.

self-control
high profit margins
Strong profit margins, growth in advances in dental pharmaceuticals and development, and increased health/dental insurance convergence are hampering growth in the industry. There has also been significant variance in the global market as economic conditions change.

Global Dental Insurance Market: Major Players
cigna dental clinic

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, KPIs, Risk Analysis, Recent Developments, Regional Presence, SWOT Analysis

Envivas
Amritas
Concordia United
axa
humana
Metlife
Etna
celestials
One Exchange
15:00
UnitedHealth Group Inc.
Other notable players

Global Dental Insurance: Regions
Global dental insurance is divided on the basis of regional analysis into five main areas. These include North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. By region, the North American dental market had the largest share and captured nearly 50% of the market in 2019 because dental insurance was widely accepted in the United States. However, the largest compound annual growth rate (CAGR) is expected in Asia Pacific at 13.2 percent in the projected time frame due to developing countries, increased dental awareness, and deployment of dental insurance technology services. Dental insurance is expected to support the demand for dental insurance in the Asia Pacific region in recent times in emerging countries such as India and China. In addition to the existing basic health insurance, the Chinese government is promoting the implementation of commercial dental insurance and establishing a diversified insurance system that meets the requirements of small dental care needs and specific demands for large dental care, so this is the driving force behind the progress of dental insurance in this field as well.

Global dental insurance is further broken down by region into:
North America market size, share, trends, opportunities, annual growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Annual Growth, CAGR – Mexico, Argentina, Brazil, Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Annual Growth, CAGR – UK, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Annual Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, Rest of Asia Pacific Region
Middle East and Africa market size, share, trends, opportunities, annual growth and CAGR – North Africa, Israel, GCC, South Africa and rest of the MENA region
The Global Dental Insurance Report also contains analysis on:

Dental insurance sectors:

By product type
Dental Hygiene Maintenance Organizations (DHMO)
Dental Prosthodontics Plans
Preferred Dental Provider Organizations (DPPO)
Aharon
by end user
big company
singly
Dental insurance dynamics
Dental insurance volume
Supply and demand
Current trends/issues/challenges
Competition and companies participating in the market
market value chain
Market drivers and constraints
Read the full report: https://www.reportlinker.com/p06191822/?utm_source=GNW

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