The dental laboratory market is poised for significant growth, with an estimated valuation of USD 58,616.6 million in 2024. According to recent market projections, the industry is set to expand at a compound annual growth rate (CAGR) of 5.4%, reaching an impressive USD 99,300 million by 2034.
The dental laboratory market is experiencing robust growth driven by increased public awareness of oral health care, government initiatives for dental treatment reimbursements, and the amplified aesthetic appeal within the dentistry sector. These factors, coupled with the development of innovative dental approaches, are propelling the industry forward.
Significant technological breakthroughs and the creation of new techniques, which guarantee that dental practitioners can provide patients with state-of-the-art, effective treatments, highlight the dental laboratory market’s optimistic future. This development is expected to completely transform the way that dental care is seen and provided, opening up greater access than ever before to high-caliber, aesthetically beautiful dental solutions.
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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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