Global Dental Laboratory Market Set to Surge, Projected to Reach USD 99,300 Million by 2034 with a 5.4% of CAGR

Posted on 2024-05-09 by Future Market Insights in Healthcare, Pharmaceuticals // 0 Comments

Global Dental Laboratory Market

The global dental laboratories market is anticipated to expand at an exceptional rate to USD 58,616.6 million by 2024. According to projections, the business will have expanded to an estimated USD 99,300 million by 2034. This increase is attributed to the development of novel dental technology techniques as well as the enhanced aesthetic appeal of the dentistry industry.

Between 2024 and 2034, the company is projected to grow at a compound annual growth rate (CAGR) of 5.4%. The government’s programs to subsidize dental care and the growing public consciousness of oral health care are the main forces behind the sector.

Due to their ability to produce orthodontic appliances, fabricate prosthetics, and perform dental restorations, dentistry laboratories play a vital role in the dental industry. It is anticipated that there would be a significant need for high-quality dental laboratory services as the need for dental services grows on a global scale as a result of factors like population growth, aging populations, and rising oral health awareness.

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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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