The significant growth of the global dental labs market is driven by factors like increasing awareness for oral healthcare across the globe, rise in the geriatrics population & increasing popularity of cosmetic surgeries to enhance physical appearance. Also, periodontal diseases & dental cavities are the major factors for the rise demand for tooth reconstruction. Thus, there has been an evident increase in the geriatrics population & associated increase in the prevalence of tooth loss are expected to propel the dental labs market. Moreover, Development of CAD/CAM has been utilized in the development of various restorative dental procedures. Availability of software-assisted modelling & digital designing of prostheses will promote the dental laboratories market demand.
Also,
the rapid technological advancements in the dental laboratories and the use of
different types of implants has further led to increasing demands for
surgeries. Growing investments in the dental equipment, strict regulations for
consumer safety in the industry and efforts by the government to reimburse
dental treatments are some major factors for the growth of dental laboratories
market.
According
to Marketlook Consulting’ research report “Global Dental Laboratory Market Analysis,
2021”, the Global Dental Laboratory market is anticipated to grow at a
CAGR 5.6% during 2022-2029 The market would reach to USD 45.2 Bn by 2029.
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Based
on equipment, the market is segmented into dental radiology equipment, dental
lasers, system & parts, laboratory machines, hygiene maintenance device,
others. The dental laser segment is expected to grow at the highest rate in
forthcoming years. The growing adoption of computer aided manufacturing,
computer aided design, laser wielding, laser sintering is expected to
augment segment growth. The benefits such as regeneration of bones
& ligament issues reduced surgery discomforts and minimal bleeding, are
contributing to he growth of the market share of this segment.
Based
on end use, the market is segmented into restorative, degaussing, orthodontic,
endodontic, Implant, Oral care. The restorative segment has the largest share
in the dental labs market while orthodontics is expected to grow at the fastest
rate. Orthodontics deals with the diagnosis and improperly positioned teeth and
jaws. Thus, there have been advanced and improved restorations that are fueling
the market growth due to technological advancements in areas like digital
radiology and CAD/CAM industry.
“Global Dental Laboratory Market Analysis, 2021” provides comprehensive qualitative and
quantitative insights on the industry potential, key factors impacting sales
and purchase decisions, hotspots, and opportunities available for dental lab
providers across the Globe. Moreover, the report also encompasses the key
strategic imperatives for success for competitors along with strategic
factorial indexing measuring competitor's capabilities on 16 parameters. This
will help companies in the formulation of Go to Market Strategies and
identifying the blue ocean for its offerings.
Asia-Pacific Dominated the Market
Based
on Leading regions, North America dominated the global dental labs market in
2021 but on observing the trend Asia-Pacific is expected to show a dominant
growth during the forecasted period 2022-29 due to the high rate of ageing
population, increasing disposable income & increasing awareness regarding
the available treatments and other untapped opportunities. Furthermore, the
rise in research & development activity in dental industries and new
product launches will lead to the ultimate growth of the dental labs market
2022-2029.forthcoming period as stated in Marketlook Consulting research
report “Global Dental Laboratory Market Analysis, 2021”.
According
to Marketlook Consulting’, the key players with a considerable
market share in the global Air Purifier market are Envista Holdings
Corporation, Chiltern International Ltd., Dentsply Sirona, A-dec Inc.,
Straumann AG, Danaher Corporation, Zimmer Biomet Holdings, Inc., Ultradent
Products, Inc., GC Corporation, Mitsui Chemicals, Inc.
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Market Segmentation:
- By
Equipment (Dental Radiology equipment,
Dental Lasers, System & Parts, Laboratory machines, Hygiene
maintenance device, Others)
- By
End Use (Restorative, Degaussing,
Orthodontic, Endodontic, Implant, Oral care)
- By
Region (North America, Europe,
Asia-Pacific, Latin America, Middle East and Africa)
- By
Company (Envista Holdings Corporation,
Chiltern International Ltd., Dentsply Sirona, A-dec Inc., Straumann AG,
Danaher Corporation, Zimmer Biomet Holdings, Inc., Ultradent Products,
Inc., GC Corporation, Mitsui Chemicals, Inc)
Key questions answered in the study:
- What
are the current and future trends of the Dental laboratory industry?
- How
the industry has been evolving in terms of equipment demand and end use
areas?
- How
the competition has been shaping across the countries followed by their
comparative factorial indexing?
- What
are the key growth drivers and challenges for the Dental laboratory
industry?
- What
is the customer orientation, purchase behavior, and expectations from the
Dental Laboratory across various regions?
Top Major
Players List :- Dental Labs Market
- Straumann AG
- Danaher Corporation
- Zimmer Biomet Holdings, Inc.
- Ultradent Products, Inc.
- GC Corporation
- Mitsui Chemicals, Inc.
- Envista Holdings Corporation
- Chiltern International Ltd.
- Dentsply Sirona
- A-dec Inc.
- Straumann AG
- Danaher Corporation
- Zimmer Biomet Holdings, Inc.
- Ultradent Products, Inc.
- GC Corporation
- Mitsui Chemicals, Inc..
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