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Market Overview
Dental Laboratories Market Research Report Information By Product (Restorative, Orthodontic, Endodontic, Oral Care, and Implant), By Equipment Type (Dental Radiology Equipment, Systems and Parts, Dental Lasers, Laboratory Machines, Hygiene Maintenance Devices, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
Dental Laboratories Market Size was valued at USD 35.2 Billion in 2022. The Dental Laboratories market industry is projected to grow from USD 37.49 Billion in 2023 to USD 62.04 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period (2023 – 2032).
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Market Dynamics
The CAGR of the dental laboratories market is driven by recent innovations in dental lab technology, such as the use of bone-forming proteins and apatite coatings on implants. These advancements have led to shorter treatment times, improved recovery rates, and reduced need for anesthetics. Computer-aided design (CAD) and computer-aided manufacturing (CAM) have enhanced the accuracy of complex treatment planning and execution, while 3D imaging of dental implants, crowns, and bridges has enabled more precise identification of dental issues. The high prevalence of dental problems is expected to increase the demand for dental laboratories in the near future.
Additionally, the healthcare sector’s growing adoption of digitally connected technologies is expected to benefit the market for dental labs. The expansion of this market is largely attributable to the rising prevalence of periodontal disease and dental caries, the most common oral illnesses worldwide. Oral health problems significantly impact people’s health globally, causing suffering, disability, and even death. Factors such as smoking, excessive alcohol consumption, and poor diet contribute to these issues. The increasing popularity of dental labs among professionals and the rising demand for cosmetic dental procedures further drive market growth.
However, the high cost of dental supplies and equipment may slow the global dental laboratory market’s growth over the next few years. Dental care is expensive due to the high cost of standard dental equipment and supplies. Cavities remain a major issue in many countries, impacting health and causing discomfort, stress, and even death. Despite these challenges, increasing public and private interest in oral health, along with government funding, is driving the market forward. The rising incidence of dental ailments is another key factor boosting demand for dental laboratories.
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Segment Analysis
Dental Laboratories Product Insights
The dental laboratories market is segmented based on product type into:
Dental Laboratories Equipment Type Insights
The dental laboratories market is segmented based on equipment type into:
Regional Analysis
The study provides market insights into the following regions: North America, Europe, Asia-Pacific, and the Rest of the World. The North American dental laboratories market will dominate due to several factors, including the growth in the elderly population, an increase in foreign visitors seeking dental care, a higher number of dental laboratories, and the outsourcing of manufacturing jobs to the region. Additionally, the presence of major industry participants and increased healthcare spending contribute to this dominance.
In Europe, key countries studied in the market report include Germany, France, the UK, Italy, and Spain. In the Asia-Pacific region, important countries analyzed are China, Japan, India, Australia, and South Korea. For the Rest of the World, Brazil is a significant country included in the analysis.
The Asia-Pacific dental laboratories market is predicted to grow at the highest CAGR from 2023 to 2032. This growth is attributed to expanding awareness of dental laboratories, a growing number of patients with relevant diseases, rising per capita income, increasing general knowledge of the importance of oral health, larger unexplored opportunities, and a rapidly expanding healthcare infrastructure. Additionally, China’s dental laboratories market held the largest market share, while the Indian dental laboratories market was the fastest-growing in the Asia-Pacific region.
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Competitive Dynamics
Key companies in the dental laboratories market include Envista Holdings Corporation, Dentsply Sirona, A-dec Inc., Straumann AG, Henry Schein Inc., Champlain Dental Laboratory Inc., Knight Dental Design, National Dentex Corporation, 3M Health Care, Dental Services Group, Lord’s Dental Studio, Modern Dental Laboratory, and 1st Dental Laboratories.
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