Dental insurance forecast rockets 9.5% CAGR through 2033

Market Data Forecast pegs the category at $233.8b in 2024 then $529.2b by 2033.

The dental insurance market is likely to register a compound annual growth rate of 9.5% from 2025 through 2033, according to Market Data Forecast.

The report also estimated the market to bag $233.8b in 2024, $256.0b in 2025, and $529.2b by 2033.

One of the primary drivers of the dental insurance market is the escalating cost of dental care, which has led many individuals to seek insurance coverage to mitigate out-of-pocket expenses. 

Dental procedures, such as fillings, crowns, and root canals, can be expensive, especially in countries where dental services are not covered under general health insurance plans.

Increased awareness of the importance of oral health is another major driver for the growth of the dental insurance market.

Public education campaigns have highlighted the link between oral health and overall well-being by encouraging more individuals to seek preventive dental care. 

The World Health Organization reports that nearly 3.5 billion people worldwide suffer from oral diseases, making oral health a critical concern. 

People are more likely to seek insurance plans that cover preventive care such as cleanings and screenings as they become more aware of the risks associated with untreated dental issues, the report added.