Solan Headlines

Dental Laboratories Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2027

 Breaking News
  • No posts were found

Dental Laboratories Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2027

March 17
00:52 2023
Dental Laboratories Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2027
Europe accounted for 32.5% of the market during the forecast period. The increasing incidence of dental caries and various periodontal diseases is driving the demand for dental procedures and products, such as prosthetics and implants, in Europe.
Browse 224 market data Tables and 62 Figures spread through 299 Pages and in-depth TOC on “Dental Laboratories Market – Global Forecast to 2027

The dental laboratories industry is expected to grow over the next few years, driven by the increasing demand for dental services and the increasing availability of technology to improve dental procedures. With the aging population, the demand for cosmetic dentistry is also on the rise, leading to an increase in demand for dental laboratories. Additionally, the development of digital dentistry will likely have a positive impact on the industry, as it reduces the time and cost associated with traditional dental laboratory processes. Furthermore, advances in 3D printing technology are also expected to drive growth in the industry. As the technology continues to improve, the cost of production will decrease and the number of dental applications that can be produced using 3D printing will increase. The increasing demand for dental procedures is expected to create more opportunities for dental laboratories over the next few years. 

Dental Laboratories market in terms of revenue was estimated to be worth $35 Billion in 2022 and is poised to reach $46.5 billion by 2027, growing at a CAGR of 5.9% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. The growth of this market is primarily driven by factors such as rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, development of technologically advanced solutions, growing dental tourism in the emerging markets, rising incidence of dental caries and other periodontal diseases, increasing outsourcing of customization, and the increasing number of dental laboratories investing in CAD/CAM technologies.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223694318

Notable Dental Laboratories mergers and acquisitions for 2021 – 2022 include:

  • Patterson Dental Supply’s Acquisition of Carestream Dental – Patterson Dental Supply, a global dental products and services provider, announced in April 2021 the acquisition of Carestream Dental, a leading dental imaging and software solutions provider.
  • Dentsply Sirona’s Acquisition of Nobel Biocare – In February 2021, Dentsply Sirona, a global dental technology company, announced its acquisition of Nobel Biocare, a leading dental implant manufacturer.
  • Henry Schein’s Acquisition of Benco Dental – In January 2021, Henry Schein, a global distributor of health care products and services, announced the acquisition of Benco Dental, a leading dental supplies distributor.
  • Straumann’s Acquisition of Neodent – In December 2020, Straumann, a global leader in implant dentistry, announced its acquisition of Neodent, a leading dental implant manufacturer.
  • 3M’s Acquisition of ClearCorrect – In November 2020, 3M announced its acquisition of ClearCorrect, a provider of clear aligner systems for orthodontic treatment.

Metal-Ceramics to account for the largest share of the market during the forecast period

The dental laboratories market for materials is segmented into metal-ceramics, traditional-all ceramics, CAD/CAM materials, plastics, and metals. In 2021, the metal-ceramics segment accounted for 47.4% of the materials market. The high share of this market segment can be attributed primarily to their strength, durability, resistance to fracture, and high biocompatibility compared to ceramics and other indirect restorative materials.

Milling Equipment to account for the largest share of the market during the forecast period

The milling equipment segment accounted for 45.5% of the dental laboratories market in 2021. The demand for milling equipment has increased due to overarching factors—the growth in the geriatric population, growing dental tourism in emerging markets, the rising incidence of dental caries and other periodontal diseases, and the increasing number of dental laboratories investing in CAD/CAM milling equipment.

Crowns to account for the largest share of the market during the forecast period

Based on prosthetic type, the global dental laboratories market has been segmented into bridges, crowns, veneers, dentures, and clear aligners. Crowns accounted for the largest share of 46.0% of the dental lab market, by prosthetic type, in 2021. The increasing edentulous population is driving the growth of the dental prosthetics market across the globe. In addition, the introduction of technologies such as CAD/CAM dentistry has significantly improved dentistry procedures.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=223694318

The APAC Dental Laboratories market is projected to grow at the highest rate during the forecast period.

The dental lab market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2021, Europe accounted for 32.5% of the market during the forecast period. The increasing incidence of dental caries and various periodontal diseases is driving the demand for dental procedures and products, such as prosthetics and implants, in Europe. The emerging markets across the Asia Pacific and Latin America are expected to grow at higher CAGRs during the forecast period. The growth of the Asia Pacific dental laboratories market is driven by several factors such as rising geriatric population, growing dental tourism, increase in the number of dental laboratories, digitalization of laboratories, increasing adoption of CAD/CAM dentistry, increasing disposable income, and increased outsourcing of various manufacturing services in the region.

Key Market Players:

Prominent players in the dental laboratories market are Dentsply Sirona, Inc. (US), Envista Holdings Corporation (US), 3M Company (US), GC Corporation (Japan), Mitsui Chemicals (Japan), Planmeca Oy (Finland), BEGO GmbH & Co, KG (Germany), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), Shofu Dental Corporation (Japan), VITA Zahnfabrik H. Rauter GmbH & Co. KG (Germany), Kuraray Noritake Dental Inc. (Japan), Amann Girrbach AG (Austria), Schütz Dental GmbH (Germany), Nakanishi Inc. (Japan), COLTENE Holding AG (Switzerland), Institut Straumann AG (Switzerland), A-dec Inc. (US). Stratasys (US and Israel), 3D Systems (US), Formlabs (US), Roland DG Corporation (Japan), SHINING 3D (US), and Zirkonzahn (US).

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=223694318

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/dental-lab-market-223694318.html