PUBLISHER: Grand View Research | PRODUCT CODE: 1553448
PUBLISHER: Grand View Research | PRODUCT CODE: 1553448
The Australia and New Zealand dental service organization market size is expected to reach USD 12.93 billion by 2030, exhibiting a CAGR of 18.00% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of dental conditions, such as tooth decay and gum disease, is increasing the demand for comprehensive dental care.
The increasing prevalence of dental issues and a growing aging population more susceptible to tooth loss fuels the demand for durable and practical dental solutions. The Patient Experience Survey 2021-22 (ABS 2022) revealed that nearly half (49.0%) of individuals aged 15 and over visited a dental professional in 2022. Among those who needed dental care, 57.0% had multiple visits within the year. Approximately 10.0% received public dental care. Moreover, around 33.0% of individuals delayed and avoided dental visits, with 16.0% attributing this delay to cost concerns. As the population ages and oral health issues become more common, DSOs are positioned to offer extensive and integrated care solutions.
The escalating costs associated with dental care, including high overheads and the need for advanced technology, make the DSO model increasingly attractive. DSOs enable practices to share resources and infrastructure, mitigating the financial burden on individual dentists and facilitating access to cutting-edge technology. There is a rising emphasis on preventive care and comprehensive treatment options. As patient preferences shift towards proactive health management, DSOs are adapting by offering a wider range of services and investing in preventive care solutions. This shift improves patient outcomes and aligns with the broader trend of emphasizing long-term health and wellness.