Global Dental Laboratories Market by Equipment Type (Systems & Parts, Dental Lasers, Hygiene Maintenance Device), by Product (Oral Care, Restorative, Implant) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global dental laboratories market was valued at USD 27.5 billion in 2020. It is projected to grow at a compound annual rate (CAGR of 5.5%) between 2021 and 2028. Market growth is expected to be driven by the increasing demand for cosmetic dentistry procedures and the aging population. The World Bank estimates that the 65-year-old and older population made up nearly 8.4% of the world's population in 2016, and 9.3% by 2020. This will drive the market's growth in the future.

In 2020, the economic impact of the COVID-19 pandemic was significant. The pandemic had a significant impact on the supply chain in many industries. The pandemic also negatively impacted the market for dental laboratories. The market was severely affected by disruptions in supply chains, shelter-in place mandates and closing of dental clinics in 2020. According to ADA, 75% of dentists shut down their offices in March 2020 for non-emergency patients. ADA and American Dental Hygienists Association research revealed that 3.1% U.S. dental hygienists had COVID-19 by October 2020.

Dental laboratories have seen rapid technological advances, including the use of bone-morphogenic proteins and hydroxyapatite coateds as implant materials. This has led to a shorter chair time, quicker healing, and less pain. Computer-aided Design and Computer-aided Manufacturing (CAM), both advanced imaging tools, have made it easier to plan and handle complicated procedures, as well as 3D scanning of implants, crowns and bridges. This has led to improved patient diagnosis.

Periodontal disease, as well as dental caries, are two of the most common oral diseases in the world. Periodontal disease and dental caries affect more than half of the world's population. Various governments and international organizations such as WHO are taking steps to improve oral health around the world. In 2019, for example, oral health was included as part of the political declaration regarding universal health coverage. With the support of WHO and the UN member states, strategies were developed by the UN to improve oral health in Africa (East Mediterranean), Southeast Asia, Southeast Asia, West Pacific, and Southeast Asia.

A growing number of celebrities and social media users posting beautiful smiles has led to a greater need for aesthetic appeal in dentistry. According to the American Academy of Cosmetic Dentistry (99.7%), people consider their smile a social asset. Nearly 84% of respondents agreed that they feel more pressure to perfect their smiles, which has led to an increase in the demand for orthodontic treatment. The market has grown because of this high demand. There are many techniques and procedures to meet the needs of patients.

Product Insights

The market was dominated by the dental care, which accounted for 27.5% of the total revenue in 2020. This market is expected to see significant growth due to increased awareness about oral hygiene and growing use of dentures. In terms of revenue share, the restorative segment was second to the oral care segment. Technological advances in areas like CAD/CAM dental implant dentistry, intraoral imaging and caries diagnosis have resulted in an increase in the accuracy of restorations. This has fueled market growth.

In terms of revenue share, the restorative segment was second to the oral care segment. Technological advances in areas like CAD/CAM dental implant dentistry, intraoral imaging and caries diagnosis have increased the accuracy of restorations and fueled market growth.

Equipment Type Insights

Systems and parts dominated the market, accounting for 36.2% of the total revenue in 2020. Dental systems and parts include the necessary equipment to perform dental laboratory procedures. This includes scanners, furnaces and articulators, as well as milling equipment. Parts and system are important equipment, especially for traditional dentist technicians.

Dental lasers are expected to experience the fastest market growth of 8.3% over the forecast period. Segment growth is expected to be boosted by the increasing adoption of computer-aided manufacturing, design, laser welding and laser sintering. The dental lasers can be used in a variety of surgical and diagnostic procedures. These devices have key advantages such as the ability to regenerate bones and ligament tissues, minimize bleeding, and less discomfort during surgery. These lasers will see a lot of growth in the future.

Regional Insights

North America was the dominant market, with a 38.2% revenue share in 2020. This is due to its well-established healthcare infrastructure and high healthcare spending, as well as high awareness about oral health. The Asia Pacific region is expected to experience the highest CAGR during the forecast period, due to lower dental laboratory costs, increased dental tourism and a greater awareness about oral health.

The market in Asia Pacific is expected to experience lucrative growth during the forecast period. The market is driven by a progressive economy, large elderly populations, increased disposable income, greater awareness of oral health care among the population, bigger untapped opportunities and rapidly improving healthcare infrastructure.

Market Share Insights & Key Companies

Market players often resort to acquisitions and mergers as key strategies for sustaining their business. Dentsply Sirona, for example, acquired Propel Orthodontics in June 2021. This acquisition is an important step in Dentsply Sirona's strategy to strengthen its position within the expanding clear aligner market. Byte and Sure Smile will be able to match the acquired product lines. The following are some of the most prominent players in the market for dental laboratories:

• 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

Up Market Research published a new report titled “Dental Laboratories Market research report which is segmented by Equipment Type (Systems & Parts, Dental Lasers, Hygiene Maintenance Device), by Product (Oral Care, Restorative, Implant), By Players/Companies A-dec Inc, Dental Services Group , Dentsply Sirona, Knight dental design, Straumann AG, National Dentex Corporation, Champlain Dental Laboratory Inc, Envista Holdings Corporation, Henry Schein Inc, 3M Health Care”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Dental Laboratories Market Report Segments:

The market is segmented by Equipment Type (Systems & Parts, Dental Lasers, Hygiene Maintenance Device), by Product (Oral Care, Restorative, Implant).

Dental Laboratories Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Dental Laboratories Market

Overview of the regional outlook of the Dental Laboratories Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Dental Laboratories Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Dental Laboratories Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Systems & Parts

                2. Dental Lasers

                3. Hygiene Maintenance Device

                1. Oral Care

                2. Restorative

                3. Implant

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Dental Laboratories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Dental Laboratories Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.