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Dental Insurance Market, By Application (Dentistry, Gynecology & Urology, ENT, Neurosurgery & Spine Surgery, Oncology, Ophthalmology, Plastic & Reconstructive Surgery, and Other Applications), By End User (Hospitals, Dentist Clinic, and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
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Dental Insurance Market: Industry, Size, Share, Growth, Trends and Forecast, 2019– 2029 November 2019 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Report Snippet Chapter 1 : Table of Contents Chapter 2: Market Purview Chapter 4: Global Dental Insurance Market, By Insurance Type Chapter 3: Market Dynamics Chapter 5: Global Dental Insurance Market, By Modes of Distribution Chapter 6: Global Dental Insurance Market, By End- User Chapter 7: Global Dental Insurance Market, By Region Chapter 8: Competitive Analysis Chapter 10:Research Methodology Chapter 9:Company Profiles 2 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Contents Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 3
Table of Content Sr. No. Content 1.0 Chapter 1 • Preface • Research Objective and Assumption • Abbreviation 2.0 Chapter 2 • Market Purview • Report Description • Market Definition and Scope 2.1 Executive Summary • Market Snippet, By Insurance Type • Market Snippet, By Modes of Distribution • Market Snippet, By End-User • Market Snippet, By Region • Opportunity Map Analysis 3.0 Chapter 3 • Drivers (D) Secondary Source Primary Source Prophecy Analysis 4 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Restrains (R) • Opportunities • Trends • DR Impact Analysis • PEST Analysis • Porter’s Five Forces Analysis • Opportunity Orbit • Market Investment Feasibility Index • Macroeconomic Factor Analysis 4.0 Chapter 4 4.0.1 Global Dental InsuranceMarket Value (US$ Mn), By Insurance Type • Segment Overview • Market Value and Forecast (US$ Mn), and Share (%) Analysis, 2018 – 2029 • Y-o-Y Growth (%) Analysis, 2019 – 2029 4.1 Preventive Insurance • Overview Secondary Source Primary Source Prophecy Analysis 5 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 4.2 Basic/Minor Insurance • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 4.3 Major Insurance • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 5.0 Chapter 5 5.0.1 Global Dental InsuranceMarket Value (US$ Mn), By Modes of Distribution • Segment Overview • Market Value and Forecast (US$ Mn), and Share (%) Analysis, 2018 – 2029 • Y-o-Y Growth (%) Analysis, 2019 – 2029 5.1 Insurance Agents • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 5.2 Corporates Secondary Source Primary Source Prophecy Analysis 6 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 5.3 Online Channel • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 6.0 Chapter 6 6.0.1 Global Dental InsuranceMarket Value (US$ Mn), By End-User • Segment Overview • Market Value and Forecast (US$ Mn), and Share (%) Analysis, 2018 – 2029 • Y-o-Y Growth (%) Analysis, 2019 – 2029 6.1 Individuals • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 6.2 Families • Overview • Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 Secondary Source Primary Source Prophecy Analysis 7 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content 7.0 Chapter 7 7.0.1 Global Dental Insurance Market Value (US$ Mn), By Region • Overview • Market Share (%) and BPS Analysis, By Region • Market Value and Forecast (US$ Mn), and Share (%) Analysis, 2018 – 2029 • Y-o-Y Growth (%) Analysis, 2019 – 2029 7.1 North America • Overview • Market Value and Forecast (US$ Mn), 2018 – 2029 • North America Dental Insurance Market, By Insurance Type • North America Dental Insurance Market, By Modes of Distribution • North America Dental Insurance Market, By End-User 7.1.2 U.S • Market Value and Forecast (US$ Mn), 2018 – 2029 7.1.3 Canada • Market Value and Forecast (US$ Mn), 2018 – 2029 Secondary Source Primary Source Prophecy Analysis 8 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content 7.2 Europe • Overview • Market Value and Forecast (US$ Mn), 2018 – 2029 • Europe Dental Insurance Market, By Insurance Type • Europe Dental Insurance Market, By Modes of Distribution • Europe Dental Insurance Market, By End-User • Europe Dental Insurance Market, By Country 7.2.1 Germany • Market Value and Forecast (US$ Mn), 2018 – 2029 7.2.2 UK • Market Value and Forecast (US$ Mn), 2018 – 2029 7.2.3 France • Market Value and Forecast (US$ Mn), 2018 – 2029 7.2.4 Russia • Market Value and Forecast (US$ Mn), 2018 – 2029 7.2.5 Italy Secondary Source Primary Source Prophecy Analysis 9 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Market Value and Forecast (US$ Mn), 2018 – 2029 7.2.6 Rest of Europe • Market Value and Forecast (US$ Mn), 2018 – 2029 7.3 Asia Pacific • Overview • Market Value and Forecast (US$ Mn), 2018 – 2029 • Asia Pacific Dental Insurance Market, By Insurance Type • Asia Pacific Dental Insurance Market, By Modes of Distribution • Asia Pacific Dental Insurance Market, By End-User • Asia Pacific Dental Insurance Market, By Country 7.3.1 China • Market Value and Forecast (US$ Mn), 2018 – 2029 7.3.2 India • Market Value and Forecast (US$ Mn), 2018 – 2029 7.3.3 Japan • Market Value and Forecast (US$ Mn), 2018 – 2029 Secondary Source Primary Source Prophecy Analysis 10 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content 7.3.4 South Korea • Market Value and Forecast (US$ Mn), 2018 – 2029 7.3.5 Rest of Asia-Pacific • Market Value and Forecast (US$ Mn), 2018 – 2029 7.4 Latin America • Overview • Market Value and Forecast (US$ Mn), 2018 – 2029 • Latin America Dental Insurance Market, By Insurance Type • Latin America Dental Insurance Market, By Modes of Distribution • Latin America Dental Insurance Market, By End-User • Latin America Dental Insurance Market, By Country 7.4.1 Brazil • Market Value and Forecast (US$ Mn), 2018 – 2029 7.4.2 Mexico • Market Value and Forecast (US$ Mn), 2018 – 2029 7.4.3 Rest of Latin America Secondary Source Primary Source Prophecy Analysis 11 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Market Value and Forecast (US$ Mn), 2018 – 2029 7.5 Middle East & Africa • Overview • Market Value and Forecast (US$ Mn), 2018 – 2029 • Middle East & Africa Dental Insurance Market, By Modes of Distribution • Middle East & Africa Dental Insurance Market, By Insurance Type • Middle East & Africa Dental Insurance Market, By End-User • Middle East & Africa Dental Insurance Market, By Country 7.5.1 GCC • Market Value and Forecast (US$ Mn), 2018 – 2029 Israel 7.5.2 • Market Value and Forecast (US$ Mn), 2018 – 2029 South Africa 7.5.3 • Market Value and Forecast (US$ Mn), 2018 – 2029 7.5.4 Rest of Middle East & Africa • Market Value and Forecast (US$ Mn), 2018 – 2029 Secondary Source Primary Source Prophecy Analysis 12 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content 8.0 Chapter 8 8.1 Competitive Landscape • Competitive Overview • Heat Map Analysis • Market Presence and Specificity Analysis 9.0 Chapter 9 • Company Profiles 9.1 United HealthCare Services • Company Overview • Product Portfolio • Key Highlights • Financial Overview 9.2 Nippon Life Insurance Company • Company Overview • Product Portfolio • Key Highlights Secondary Source Primary Source Prophecy Analysis 13 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Financial Overview 9.3 Aflac Incorporated • Company Overview • Product Portfolio • Key Highlights • Financial Overview 9.4 Colonial Life & Accident Insurance Company • Company Overview • Product Portfolio • Key Highlights • Financial Overview 9.5 Cigna Insurance Company • Company Overview • Product Portfolio • Key Highlights • Financial Overview Secondary Source Primary Source Prophecy Analysis 14 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content 9.6 Zurich Insurance Company • Company Overview • Product Portfolio • Key Highlights • Financial Overview 9.7 Aetna Managed Care Company • Company Overview • Product Portfolio • Key Highlights • Financial Overview 9.8 Delta Dental • Company Overview • Product Portfolio • Key Highlights 9.9 American Heritage Life Insurance Co. • Company Overview Secondary Source Primary Source Prophecy Analysis 15 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Table of Content Sr. No. Content • Product Portfolio • Key Highlights 9.10 Enviva's Health Insurance • Company Overview • Product Portfolio • Key Highlights 10.0 Chapter 10 • Research Methodology • About Us *The content/data is provided for illustration purpose only and is subject to change in the final version of the report Secondary Source Primary Source Prophecy Analysis 16 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Notes Points to Remember The segmentation provided on the segmentation page is the actual/proposed segmentation for the target market Content and statistical data /values offered in the sample is primarily to provide an understanding of what we offer in terms of style, content, and structure and may not necessarily to be related to actual for the requestedmarket Market value/revenue for the target market will be provided in the final version of the report The company names mentioned are those that are to be actually profiled in the final report The trailing slides that contain dummy data/hidden content for the target market is provided to gain a better understanding of our competence, as well as a clearer view of how and what we offer in our report. The number of slides/pages provided for segment and region will be followed in a similar manner for remaining segments of the target market. The values providedin the table’s, graphs, and figure’s are for illustration purpose only. Source: Prophecy Market Insights 17 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Chapter 01 Preface Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 18
Preface Market Definition and Scope Scope of The Report: This report will help manufacturers, distributors, and retailers to realize and understand the market drivers, restraints, and opportunities to generate revenue, and trends that are instrumental in shaping the target market and its revenue etc. The report also serves to offer insights for investors to understand the specific industry, market, and make strategic decisions. In addition, it will serve to gain insights regarding the various players in the market, their financials, recent developments, and strategies adopted and employed in terms of expansion, mergers and acquisitions, collaborations, strategic agreements and contracts etc., as well as Application offerings. Analytical framework involves pest analysis and porters of the target market Sourcing of the data throughoutthe report includes : extensive primary and secondary research data analysis Global dental insurance market is segmented on the basis By Insurance Type, Modes of Distribution, End-User, and Region. By Insurance Type (Preventive Insurance, Basic/Minor Insurance, and Major Insurance) By Modes of Distribution(Insurance Agents, Corporates, and Online Channel) By End-User (Individuals and Families) By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa Source: Prophecy Market Insights 19 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Research Objective and Assumption Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 20
Research Objectives and Assumptions Research Objectives Assumptions Source: Prophecy Market Insights 21 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Abbreviations Abbreviation and Full Application Abbreviation Full Form Mn Million Bn Billion US$ US Dollar CAGR Compounded Annual Growth Rate Y-o-Y Year on Year Source: Prophecy Market Insights 22 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Chapter 02 Market Purview 2 3 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Market Segmentation Global Dental Insurance Market By Insurance Type By End-User By Region North America Europe Asia Pacific Latin America Middle East & Africa Individuals Families Preventive Insurance Basic/Minor Insurance Major Insurance By Modes of Distribution Insurance Agents Corporates Online Channel Source: Prophecy Market Insights 24 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (1/3) Table 2.1: Global Dental Insurance Market Overview Parameters 2019 (E) 2029 (F) Global Dental Insurance Market Value (US$ Mn) XXX.X XXX.X By Insurance Type Segmentwith Largest Value (US$ Mn) Preventive Insurance : XXX.X Preventive Insurance: XXX.X By Insurance Type Segmentwith Highest CAGR (%)-2019-2029 Preventive Insurance : CAGR- XXX.X By Modes of DistributionSegmentwith Largest Value (US$ Mn) Insurance Agents : XXX.X Insurance Agents :XXX.X By Modes of Distribution Segment with Highest CAGR (%)-2019-2029 Insurance Agents: CAGR- XXX.X By End-User Segment with Largest Value (US$ Mn) Individuals: XXX.X Individuals: XXX.X By End-User Segment with Highest CAGR (%)-2019-2029 Individuals: XXX.X By Region with Largest Value (US$ Mn) North America: XXX.X North America: XXX.X By Region with Highest CAGR (%)-2019-2029 Asia Pacific: CAGR- XXX.X United HealthCare Services, Nippon Life Insurance Company, Aflac Incorporated,Colonial Life & Accident Insurance Company, Cigna Insurance Company, Inc., and Zurich Insurance Company, Aetna Managed Care Company, Delta Dental, American Heritage Life Insurance Co. and Enviva's Health Insurance. Key Market Players: Source: Prophecy Market Insights 25 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (2/3) Figure 2.1: Global Dental Insurance Market Value Share (%), By Insurance Type – 2019 (E) Figure 2.2: Global Dental Insurance Market Value Share (%), By Modes of Distribution – 2019 (E) Insurance Agents Preventive Insurance XX.X% Basic/Minor Insurance Corporates XX.X% Major Insurance Online Channel Analysis and Outcomes Source: Prophecy Market Insights 26 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (3/3) Figure 2.2: Global Compound Tube Market Vale Share (%), B Figure 2.3: Global Dental Insurance Market Value Share (%), By End-User – 2019 (E) Figure 2.4: Global Dental Insurance Market Value Share (%), By Region – 2019 (E) North America Individual Europe XX.X% Asia Pacific XX.X% Latin America Families Middle East & Africa Analysis and Outcomes Source: Prophecy Market Insights 27 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Opportunity Map Analysis Opportunity Map Analysis, by Market Value (US$ Mn) and CAGR (%) Analysis and Outcome CAGR XX.X% 1720.0 XX.X% 1520.0 XX.X% 1320.0 XXX.X XXX.X XXX.X 1120.0 920.0 720.0 520.0 Conservative Optimistic 320.0 Likely 120.0 Likely Conservative Optimistic Market Value (US$ Mn) - 2029 Source: Prophecy Market Insights 28 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Chapter 03 Market Dynamics Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 29
Market Dynamics Driver Cost effective for the dental treatment Growing awareness about dental care procedure XXX XXX Restrain Extreme competition in market Tough profit margin XXX XXX Opportunity New innovations to gain profit XXX Source: Prophecy Market Insights
Drivers (1/3) Cost effective for the dental treatment Due to dental insurance the cost of dental treatment become cost effective due to the insurance polices which is the propelling factor for the growth of global dental insurance market. Source: Prophecy Market Insights 31 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Drivers (2/3) Growing awareness about dental care procedure Due to increasing dental problems the need of dental treatment increases hence, the awareness about dental care procedure increases which drives the global dental insurance market. For instance, according to National Center for Health Statistics in the year 2017, the visits of adult population to the dentist is 64.0 % Source: Prophecy Market Insights 32 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Drivers (3/3) XXX Source: Prophecy Market Insights 33 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Restraint (1/2) Extreme competition in market Source: Prophecy Market Insights 34 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Restraint (2/2) Tough profit margin Source: Prophecy Market Insights 35 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Opportunity New innovations to gain profit Source: Prophecy Market Insights 36 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Trend XXX Source: Prophecy Market Insights 37 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
SWOT Analysis S W Strengths Weakness Global Dental Insurance Market Opportunities Threats O T Source: Prophecy Market Insights 38 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Drivers and Restraints Impact Analysis Drivers Cost effective for the dental treatment High D1 D2 Growing awareness about dental care procedure. Impact on Market Growth Rate Likely Growth Sample for Illustration Purpose Restraints Extreme competition in market R1 Tough profit margin R2 Low Low Impact on Market Value High Source: Prophecy Market Insights 39 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Opportunity Orbit Sample for Illustration Purpose Source: Prophecy Market Insights 40 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
PEST Analysis (1/4) Political Analysis POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL Source: Prophecy Market Insights 41 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
PEST Analysis (2/4) Economical Analysis POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL Source: Prophecy Market Insights 42 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
PEST Analysis (3/4) Social Analysis POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL Source: Prophecy Market Insights 43 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
PEST Analysis (4/4) Technological Analysis POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL Source: Prophecy Market Insights 44 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
PORTER’S Five Forces Analysis Buyer Power Threat of New Entrants Rivalry Threat of Substitutes Supplier Power Source: Prophecy Market Insights 45 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Chapter 04 Global Dental Insurance Market, By Insurance Type 46 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global Dental Insurance Market, By Insurance Type Table 4.1: Global Dental Insurance Market Value and Forecast (US$ Mn), By Insurance Type - 2018–2029 CAGR (2018 –29) Insurance Type 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F Preventive Insurance XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X Basic/Minor Insurance XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X Major Insurance XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X Total XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X Source: Prophecy Market Insights 47 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global Dental Insurance Market, By Insurance Type Figure 4.1 : Global Dental Insurance Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%), By Insurance Type - 2018-2029 Analysis and Outcome The Global Dental Insurance market by By Insurance Type segment was valued US$ XXX.X Mn in 2018 and is expected to reach US$ XXX.X Mn in 2029, and register a CAGR of XX.X% over the forecast period 1,200.0 4.7% 4.6% 4.5% 4.4% 4.3% 4.2% 4.1% 4.0% 1,000.0 3.9% 3.8% 3.7% 3.6% The first six year (2018-2023) cumulative value is projected to be US$ XXX.X Mn, as compared to relatively higher cumulative value of US$ XXX.X Mn for the last six year (2024-2029) of the forecast period 3.5% 3.4% 3.3% 3.2% 800.0 3.1% 3.0% 2.9% 2.8% 2.7% 2.6% 2.5% 2.4% 600.0 2.3% The share XX.X in 2019 and is expected to increase to XX.X% in 2029 Preventive Insurance segment accounted for value 2.2% 2.1% 2.0% 1.9% 1.8% 1.7% 1.6% 400.0 1.5% 1.4% 1.3% 1.2% 1.1% 1.0% 0.9% 0.8% 200.0 0.7% 0.6% 0.5% 0.4% 0.3% 0.2% 0.1% - 0.0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Value Y-O-Y X.XX Projected growth between 2019 and 2029 Source: Prophecy Market Insights 48 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Preventive Insurance Figure 4.2 : Global Dental Insurance Market Value and Forecast (US$ Mn), and Y-o-Y Growth), Preventive Insurance , 2018-2029 Analysis and Outcome The Global Dental Insurance Insurance, was valued US$ XXX.X Mn in 2018 and is expected to reach US$ XXX.X Mn in 2029, and register a CAGR of XX.X% over the forecast period market by Preventive 1,200.0 4.7% 4.6% 4.5% 4.4% 4.3% 4.2% 4.1% 4.0% 1,000.0 3.9% 3.8% 3.7% 3.6% The first six year (2018-2023) cumulative value is projected to be US$ XXX.X Mn, as compared to relatively higher cumulative value of US$ XXX.X Mn for the last six year (2024-2029) of the forecast period 3.5% 3.4% 3.3% 3.2% 800.0 3.1% 3.0% 2.9% 2.8% 2.7% 2.6% 2.5% 2.4% 600.0 2.3% 2.2% 2.1% 2.0% 1.9% 1.8% 1.7% 1.6% 400.0 1.5% 1.4% 1.3% 1.2% 1.1% 1.0% 0.9% 0.8% 200.0 0.7% 0.6% 0.5% 0.4% 0.3% 0.2% 0.1% - 0.0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Value Y-O-Y X.XX Projected growth between 2019 and 2029 Source: Prophecy Market Insights 49 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Basic/Minor Insurance Figure 4.3: Global Dental Insurance Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%), Basic/Minor Insurance, 2018-2029 Analysis and Outcome The Global Dental Insurance Insurance, was valued US$ XXX.X Mn in 2018 and is expected to reach US$ XXX.X Mn in 2029, and register a CAGR of XX.X% over the forecast period market by Basic/Minor 1,200.0 4.7% 4.6% 4.5% 4.4% 4.3% 4.2% 4.1% 4.0% 1,000.0 3.9% 3.8% 3.7% 3.6% The first six year (2018-2023) cumulative value is projected to be US$ XXX.X Mn, as compared to relatively higher cumulative value of US$ XXX.X Mn for the last six year (2024-2029) of the forecast period 3.5% 3.4% 3.3% 3.2% 800.0 3.1% 3.0% 2.9% 2.8% 2.7% 2.6% 2.5% 2.4% 600.0 2.3% 2.2% 2.1% 2.0% 1.9% 1.8% 1.7% 1.6% 400.0 1.5% 1.4% 1.3% 1.2% 1.1% 1.0% 0.9% 0.8% 200.0 0.7% 0.6% 0.5% 0.4% 0.3% 0.2% 0.1% - 0.0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Value Y-O-Y X.XX Projected growth between 2019 and 2029 Source: Prophecy Market Insights 50 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved