Dental Lab Market Overview
Maximize Market Research's market study on the Dental Lab Market sector provides a thorough analysis of the worldwide market in 2022. It includes a broad range of elements from the Dental Lab market's kind, distribution channel, end-user, and industrial sector. The research also provides a detailed prognosis through 2029, along with information on recent developments, mergers and acquisitions, and business strategies used by well-known organisations. For beginners hoping to learn more about the sector, this study on the Dental Lab market is an excellent resource.
Dental lab industry trends:
The market's growth is being influenced by the dental laboratories' rapid technological improvements.
The market for dental laboratories is expected to grow significantly over the next few years as a result of the global rise of automation and the quick adoption of digitally connected technologies in the healthcare sector. The rate of digitization inside the conventional dental workflow has accelerated, increasing the market value of dental laboratories. Digital platforms like unified digital simulations and virtual planning for dentistry operations give multiple treatment processes and workflow with software intimation in cases of surgery and orthodontics. With the advent of CAD/CAM to speed up the administration and planning of intricate dental treatments and 3D implant design.
Rising Periodontal & Edentulous Disease Incidence Drives Dental Lab Market Growth-
Globally, edentulous (tooth loss) is a significant oral health issue. The WHO estimates that worldwide, 18% of people between the ages of 60 and 75 are toothless. The two main factors contributing to tooth loss are periodontal disorders and dental cavities. Because older people are more prone to these conditions, the number of persons with oral health issues will rise as the world's population rises. The UN projects that by 2030, there will be 1.15 billion people worldwide who are 60 years of age or older, up from 710 million in 2020.
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Dental Lab Market Scope
A complete overview of the Dental Lab market and dynamic research technique are provided in the Maximize Market Research study. Along with the PESTAL, PORTER, and SWOT analyses, the research offers details on major growth drivers, market dynamics, challenges, and scope. The study covers the most recent innovations and cutting-edge technological advancements in the worldwide Dental Lab market. It provides thorough data for the global Dental Lab market, such as market shares, supply chain analyses, and critical success criteria. Insights and comments from industry professionals who represent the top leading companies in the worldwide Dental Lab market are presented in the report's concluding part. The research includes historical years (2018-2020), base year (2022), expected year (2022), and projection years (2023-2029) for a certain time period.
Dental Lab Market Value :
Dental Lab Market was valued at US$ 31.12 Bn. in 2022 and is estimated to reach a value of US$ 45.88 Bn. in 2029. The Dental Lab Market size is estimated to grow at a CAGR of 5.7% over the forecast period.
Dental Lab Market Segmentation
Global Dental Lab Market Size, by Material(2022-2029)
• Metal Ceramics
• Traditional all Ceramics
• CAD/CAM Materials
• Plastics
• Metals
The Dental Lab Market is divided into Metal-Ceramics, Traditional All Ceramics, CAD/CAM Materials, Plastics, and Metals based on the kind of material.
The company with the biggest market share, Metal Ceramics, also has a 12% annual growth rate that affects the market's expansion. The qualities, such as its strength, durability, resistance to fracture, and superior biocompatibility compared to ceramics and other indirect restorative materials, are the driving forces for the rise. Because it provides endodontics, prosthetics, dental care, restoration, positioners, elastics, headgear, palatal, and other services, the Dental Laboratories Market is taking metal ceramics into consideration. The increase is due to the prevalence of dental issues such tooth decay and cavities. This deteriorating condition is related to poor dental hygiene and excessive consumption of sweets. Lack of good dental hygiene being common
Global Dental Lab Market Size, by Equipment(2022-2029)
• 3D Printing Systems
• Integrated CAD/CAM Systems
• Casting Machines
• Milling Equipment
• Furnaces
• Articulators
• Dental Scanners
The highest market share is held by Integrated CAD/CAM Systems, and factors influencing the growth rate include the widespread use of such equipment as a result of expansion in the relevant industry. Dental laboratories use integrated CAD/CAM systems equipment while sintering or frittage dental ceramic materials and cutting a variety of fixes such copings, crowns, and bridges. With a CAGR of 6.5% over the forecast period of 2023-2029, the segment is anticipated to develop at the quickest rate. This increase is attributable to the increased usage of dental lasers in manufacturing processes like laser sintering and welding as well as a variety of oral procedures. Due to benefits in minimally invasive operations, they are mostly utilised to treat gum cavities.
Global Dental Lab Market Size, by Prosthetic Type (2022-2029)
• Bridges
• Crowns
• Veneers
• Dentures
• Clean Aligners
The highest market share belongs to Clean Aligners, and the reason for the rise is that the majority of patients use these appliances to correct tooth alignment issues and misaligned bite patterns. Over 40% of the world's population need braces to manage functional issues, according to a research. A CAGR of 6.3% is predicted for the restorative and cosmetic segment for the projected period of 2023–2029, making it the fastest-growing market overall. This increase is attributable to a rise in the number of patients receiving procedures to straighten their teeth and improve their jaw structure. Social media has also made it easier to create the ideal tooth structure and other facial ancillaries, which will encourage the use of restorative and cosmetic dental procedures.
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Dental Lab Market Key Players
1. Dentsply Sirona, Inc.
2. Envista Holdings Corporation
3. 3M Company
4. GC Corporation
5. Mitsui Chemicals
6. Planmeca Group
7. BEGO GmbH & Co. KG
8. Ivoclar Vivadent
9. VOCO GmbH
10.Shofu Dental Corporation
11.VITA Zohnfabrik H.RAUTER
12.Kuraray Noritake Dental Inc.
13.Amann Girrbach AG
14.Schutz Dental GmbH
15.Nakanishi Inc.
Dental Lab Market Regional Analysis
The report presents statistical data on market growth for each influential economy in the global Dental Lab market. It encompasses various regions, including North America, Asia-Pacific, Europe, Latin America, and MEA, providing comprehensive insights. The report covers emerging trends, population growth, and government strategies and regulations, offering a holistic view of the market. The concluding section of regional insights provides historical and forecasted data on the market influence of all economies within the respective regions.
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Key Questions answered in the Dental Lab Market Report are:
- Which region held the largest market share in the Dental Lab Market?
- What are the opportunities for the Dental Lab Market?
- What are the restraining factors in the Dental Lab market?
- Who are the key players of the Dental Lab market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Dental Lab
- Landscape- Leading key players and other prominent key players.
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