The global Dental Laboratories market size is expected to be worth around US$ 53.3 billion by 2030, according to a new report by Vision Research Reports.
The global Dental Laboratories market size is expected to be worth around US$ 53.3 billion by 2030, according to a new report by Vision Research Reports.
The global Dental Laboratories market size was valued at US$ 30.5 billion in 2020 and is anticipated to grow at a CAGR of 10.5% during forecast period 2021 to 2030.
Increasing demand for cosmetic dental procedures and the growing geriatric population are among factors anticipated to fuel market growth. According to the World Bank, the 65 years and above population accounted for nearly 12.4% of the global population in 2016 and reached 10.3% in 2020. This is anticipated to propel the growth of the market in the coming years.
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The market for dental laboratories is highly fragmented and is anticipated to witness a significant merger and acquisition activity from both large dental service organizations and private equity firms. These mergers and acquisitions are anticipated to lead to market consolidation and enable to leverage advantages of white space acquisition. For instance, Smile Brands, a Gryphon Investors backed company, acquired Johnson Family Dental as an add-on acquisition in 2017. This acquisition is anticipated to contribute to the company’s growth through addition of new practice locations.
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Report Coverage |
Details |
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Market Size |
US$ 53.3 billion by 2030 |
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Growth Rate |
CAGR of 10.5% From 2021 to 2030 |
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Base Year |
2020 |
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Historic Data |
2017 to 2020 |
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Forecast Period |
2021 to 2030 |
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Segments Covered |
Product, Equipment Type |
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Regional Scope |
North America, Latin America, Europe, Asia Pacific, MEA |
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Companies Mentioned |
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 |
Product Insights
The oral care dominated the market and accounted for the largest revenue share of 27.5% in 2020. It is also anticipated to witness lucrative growth over the forecast period, owing to increasing awareness regarding oral hygiene and the growing adoption of dentures. The restorative segment followed the oral care segment in terms of revenue share. Technological advancements in areas such as CAD/CAM implant dentistry, digital radiography, intraoral imaging, and caries diagnosis have led to improvement in the accuracy of restorations, thus fueling market growth.
The restorative segment followed the oral care segment in terms of revenue share. Technological advancements in areas such as CAD/CAM implant dentistry, digital radiography, intraoral imaging, and caries diagnosis have improved the accuracy of restorations, thus, fueling market growth.
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Equipment Type Insights
The systems and parts segment dominated the market and accounted for the largest revenue share of 36.2% in 2020. Dental systems and parts are the supporting equipment required to carry out dental laboratory procedures. It includes milling equipment, scanners, furnaces, and articulators. System and parts are essential equipment, especially for traditional dental technicians.
The dental lasers segment is expected to witness the fastest CAGR of 8.3% in the market over the forecast period. Growing adoption of computer-aided manufacturing, computer-aided design, laser welding, and laser sintering is expected to augment segment growth. Dental lasers have a wide range of applications in diagnostic and surgical procedures. Key advantages associated with these devices include regeneration of bones and ligament tissues, minimal bleeding, and reduced surgery discomforts. Hence, these lasers are expected to witness lucrative growth over the forecast period.
Regional Insights
North America dominated the market and held the highest revenue share of 38.2% in 2020, owing to well-established healthcare infrastructure, high healthcare expenditure, and high awareness regarding oral health. Asia Pacific is expected to witness the highest CAGR over the forecast period due to the lower cost of dental laboratory work, growing dental tourism, and improving awareness regarding oral health in the region.
In Asia Pacific, the market is anticipated to witness lucrative growth over the forecast period. Progressive economy, a large number of elderly populations, increasing disposable income, increasing awareness of oral healthcare among the population, larger untapped opportunities, and rapidly improving healthcare infrastructure are factors driving the market in the region.
Key Players
- 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
Market Segmentation
- Product Outlook
- Restorative
- Orthodontic
- Endodontic
- Oral care
- Implant
- Equipment Type Outlook
- Dental Radiology Equipment
- Dental Lasers
- Systems & Parts
- Laboratory Machines
- Hygiene Maintenance Device
- Others
- Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa (MEA)
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