Dental Lab Market Is Predicted To Reach $43.08 Billion By 2022 | Top Companies Are DENTSPLY SIRONA Inc. & Ivoclar Vivadent AG

Posted on 2020-01-27 by MarketsandMarkets in Advertising, Healthcare // 0 Comments

Northbrook, USA, 2020-Jan-27 — /EPR Network/ —

The global dental lab market size is expected to reach USD 43.08 billion by 2022 from USD 32.56 billion in 2017, at a CAGR of 5.8% from 2017 to 2022. Swift growth in the geriatric population and the associated increase in the prevalence of edentulism, growing dental tourism, rising incidences of dental caries and other periodontal diseases and increasing outsourcing of certain manufacturing functions to dental laboratories are the factors contributing to the growth of this market.

Browse 274 Market Data Tables and 34 Figures spread through 241 Pages and in-depth TOC on “Dental Lab Market by Material – Global Forecast to 2022”

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Growing dental tourism in emerging markets, rising incidence of dental caries and other periodontal diseases, and increasing outsourcing of customization and fabrication of restorative and prosthetic products to dental laboratories are driving the growth of the global dental lab market.

In this report, the market is segmented by indirect restorative material, equipment, prosthetic type, and region. By indirect restorative material, the dental lab market is segmented into metal ceramics, ceramics, and other indirect restorative materials. The ceramics segment is expected to register the highest CAGR during the forecast period. The color and translucency of ceramics mimic the natural tooth appearance. This has ensured their greater adoption in the market.

By equipment, the dental lab market is segmented into articulators, furnaces, scanners, and milling equipment. The scanners segment is expected to grow at the highest CAGR during the forecast period.

The rising focus on digital dental products, increasing efforts towards delivering faster dental treatment, and increased development, penetration of computer-aided drawing, and computer-aided manufacturing in dentistry are the factors expected to drive the growth of this segment.

Based on prosthetic type, the dental lab market is segmented into crowns, dentures and bridges. The dentures segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is primarily attributed to the advantages it offers such as improved mastication or chewing ability, better aesthetics by providing a natural appearance to the face, and improved pronunciation by replacing missing teeth.

The Asia-Pacific region is expected to register the highest growth rate in the dental lab market during the forecast period. The rising geriatric population, growing dental tourism, increase in the number of dental laboratories, and increasing outsourcing of various manufacturing services in the region are some of the factors fueling the growth of the dental lab market in this region.

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The leading players in this market include DENTSPLY SIRONA Inc. (US), Institut Straumann AG (Switzerland), Danaher Corporation (US), 3M Company (US), GC Corporation (Japan), Planmeca Oy (Finland), Ivoclar Vivadent AG (Liechtenstein), VOCO GmbH (Germany), Shofu Inc. (Japan), Daegu Dental Inc. (South Korea), Zimmer Biomet Holdings, Inc. (US), Mitsui Chemicals, Inc. (Japan), and Septodont Holding (France). These companies are also focusing on developing new innovative technologies and products to their portfolio, which in turn helps them to strengthen their presence in the respective markets.

Objectives of the Study Report:

To define, describe, and forecast the global dental laboratories devices market by material, equipment, prosthetic type, and region.
To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

Target Audience:

Dental product manufacturers & distributors
Dental equipment manufacturers & distributors
Dental laboratories
Government associations and dental practitioners
Market research and consulting firms
Venture capitalists and investors

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