The global dental laboratories market is likely to increase significantly, with a projected Compound Annual Growth Rate (CAGR) of 5.6% from 2022 to 2032. This growth is expected to cause the market value to soar from roughly US$29.24 billion in 2021 to even greater heights by 2032.
The dental laboratory’s primary duty in restorative dentistry is to precisely duplicate all of the functional and aesthetic specifications that the dentist has specified in a restorative solution. A rise in medical procedures and dental tourism as a result of persuasive marketing strategies that undermine the aesthetic value of dental integrity. This has affected the dental laboratories market’s growth on a global scale.
Both the process flow of the dental office and the operational structure of dental laboratories have undergone rapid improvements. These developments include the Internet of Things (IoT), quick digitalization, and the integration of artificial intelligence into routine dentistry workflows and treatments. This standard adds tailored effects to personalized therapeutic approaches, making it easier for practitioners to choose a time- and money-efficient strategy.
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Dental Laboratories Market- Competitive Landscape:
Given the extreme fragmentation of the dental laboratory sector, significant acquisitions and mergers involving joint ventures between private equity companies and sizable dental service providers are anticipated to spur market expansion.
It is anticipated that these acquisitions and mergers would lead to market consolidation, enabling large corporations to share in the gains from white space acquisitions.
For instance:
- Dentsply Sirona unveiled upgrades on its CEREC system in February 2021, which offers improved processes in terms of materials, the convenience of use, and performance.
- In September 2021, Planmeca Group announced plans to purchase the KaVo Treatment Unit & Instrument Company, bolstering its position as a leading provider of advanced dental solutions.
Key Market Players:
- Envista Holdings Corporation
- Dentsply Sirona
- A-dec Inc.
- Straumann AG
- Danaher Corporation
- Zimmer Biomet Holdings, Inc.
- Ultradent Products, Inc.
- GC Corporation
- Mitsui Chemicals, Inc.
- Planmeca OY
- Bego GmbH & Co. Kg
- Septodont Holding
- Ivoclar Vivadent AG
- Henry Schein, Inc.
- Champlain Dental Laboratory, Inc.
- Knight dental design
- National Dentex Corporation
- 3M Health Care
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Key Market Segments Covered In Dental Laboratories Industry Research
By Equipment:
- Dental Radiology Equipment
- Dental Lasers
- Systems & Parts
- Laboratory Machines
- Hygiene Maintenance Device
- Others
By Product:
- Restorative
- Orthodontic
- Endodontic
- Implant
- Oral Care
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
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