Major Growth Driving Factors:

The growth of Dental Laboratories Market is primarily driven by factors such as rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, development of technologically advanced solutions, growing dental tourism in the emerging markets, rising incidence of dental caries and other periodontal diseases, increasing outsourcing of customization, and the increasing number of dental laboratories investing in CAD/CAM technologies. The growing demand for cosmetic dental procedures indicates strong growth opportunities.

Growth Restraining Factors:

On the other hand, the high cost of dental materials and equipment, the increasing cost of dental surgery, and the lack of access to medical reimbursement policies are major factors expected to restrain the market growth. Pricing pressures faced by prominent market players and a dearth of skilled professionals are major market challenges.

Projected Revenue Surge, Globally:

The global Dental Laboratories Market is estimated to grow at a CAGR of 5.9 % during the forecast period. The market is projected to reach USD 46.5 billion by 2027 from USD 35.0 billion in 2022.

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Metal-Ceramics to account for the largest share of the market during the forecast period

The dental laboratories market for materials is segmented into metal-ceramics, traditional-all ceramics, CAD/CAM materials, plastics, and metals. In 2021, the metal-ceramics segment accounted for 47.4% of the materials market. The high share of this market segment can be attributed primarily to their strength, durability, resistance to fracture, and high biocompatibility compared to ceramics and other indirect restorative materials.

Recent Developments:

# In October 2021, Amann Girrbach Ag (Austria) extended its partnership; the CAD/CAM material portfolio will be expanded to include blocks from Ivoclar Vivadent. The objective of the cooperation was to integrate materials characterized by an efficient processing workflow and high esthetics.

# In September 2021, Straumann Group (Switzerland) partnered with Aspen Dental to provide implant abutments, CAD/CAM options, and solutions to various offices across the US.

# In July 2021, Ivoclar Vivadent (Liechtenstein) entered a strategic partnership with exocad GmbH (exocad), an Align Technology, Inc. (US) company, to develop a digital platform that provides dental laboratories with innovative solutions that enable them to expand their digital workflows and increase lab work efficiency.

Geographical Growth Dynamics:

The APAC Dental Laboratories market is projected to grow at the highest rate during the forecast period.

The dental laboratories market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. In 2021, Europe accounted for 32.5% of the market during the forecast period. The increasing incidence of dental caries and various periodontal diseases is driving the demand for dental procedures and products, such as prosthetics and implants, in Europe. The emerging markets across the Asia Pacific and Latin America are expected to grow at higher CAGRs during the forecast period.

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Key Players:

Prominent players in the dental laboratories market are Dentsply Sirona, Inc. (US), Envista Holdings Corporation (US), 3M Company (US), GC Corporation (Japan), Mitsui Chemicals (Japan), Planmeca Oy (Finland), BEGO GmbH Co, KG (Germany), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), Shofu Dental Corporation (Japan), VITA Zahnfabrik H. Rauter GmbH Co. KG (Germany), Kuraray Noritake Dental Inc. (Japan), among others.

Read More About the Related Reports:

Dental Consumables Market - Global Forecasts to 2027

Dental Implants Prosthetics Market - Global Forecasts to 2027

Dental 3D Printing Market - Global Forecasts to 2027

Dental Equipments Market - Global Forecasts to 2026

Cosmetic Dentistry Market - Global Forecasts to 2025

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