Dental Laboratory Market Continues Upward Trajectory, Projected to Reach USD 99,300 Million by 2034 at a 5.4% of CAGR

The dental laboratory market is set for significant expansion, with a current valuation of USD 58,616.6 million in 2024. According to Future Market Insights (FMI), the market is projected to surge at a robust compound annual growth rate (CAGR) of 5.4%, reaching an impressive USD 99,300 million by 2034. This growth is driven by the increasing aesthetic appeal in dentistry and the development of innovative approaches.

The dental laboratory market plays a crucial role in providing high-quality dental prosthetics, restorations, and appliances to meet the increasing demand for aesthetic and functional dental solutions. Advancements in dental technology and materials further contribute to the market’s expansion.

Dentistry labs are essential to the dental profession because of their capacity to create orthodontic appliances, make prosthetics, and carry out dental restorations. High-quality dental laboratory services are expected to be in high demand as the need for dental services increases globally due to reasons such population expansion, aging populations, and growing awareness of oral health.

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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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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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