Dental Insurance Market UK Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Dental Insurance UK Market Analysis

Covid-19 had a severe impact on dental insurance in the United Kingdom. Many people in the UK were having trouble booking NHS dental appointments or simply registering with a dental practice even before the COVID-19 outbreak. According to the British Dental Association (BDA), in 2020, 19 million fewer dental appointments were scheduled than would be expected. In 2019, 39.5 million dental appointments were scheduled.

From 2016 to 2019, UK dental spending increased by just over 7%, from GBP 9.35 billion to GBP 10.05 billion. However, due to the suspension of all dental services in England from late March to early June 2020, UK expenditure fell by 31% from 2019 levels. Dental insurance is frequently regarded as a discretionary purchase item. Inflationary pressures, which are partly due to increased demand for goods following the reopening of the economy in 2021-22, are predicted to dampen demand for dental insurance this year, as people are more likely to save rather than spend. Individual consumer demand for dental insurance coverage is projected to remain weak in the short term due to low consumer sentiment and persistent worry about rising living costs, which are being driven by higher energy, food, and fuel prices. Demand is expected to increase up as real household disposable incomes slowly rebound from the year's lows. Furthermore, as business morale improves and companies begin to spend more on dental coverage for their employees, demand from enterprises is likely to expand.

Dental Insurance UK Market Trends

This section covers the major market trends shaping the UK Dental Insurance Market according to our research experts:

Raising Consumer Price Index for Dental Services in UK

Dental Insurance UK Industry Segmentation

The term "dental insurance" is also referred as a dental plan. After a member has dental care, this coverage is designed to help pay a percentage of the associated dental care costs. It may also assist cover important services such as crowns, implants, dentures, and root canals, depending on the plan of choice. This report aims to provide a detailed analysis of the UK Dental Insurance Market. It focuses on the market dynamics, emerging trends in the segments, the future of markets, and insights on various drivers and restraints. Also, it analyses the key players and the competitive landscape in the market. The UK Dental Insurance can be segmented by Coverage (Dental Health Maintenance Organizations (DHMO), Dental Preferred Provider Organizations (DPPO), Dental Indemnity Plans (DIP), Dental Exclusive Provider Organizations (DEPO), and Dental Point of Service (DPS)), by Procedure (Preventive, Major, and Basic), By End-users (Individuals and Corporate), by Industries (Chemicals, Refineries, Metal and Mining, Food and Beverages, and Others), and by Demographics (Senior Citizens, Adults, and Minors).