Published Date : 16 Jan 2023
The global dental laboratories market size is expected to be worth around USD 52.59 billion by 2032 from USD 31.23 billion in 2022 with a CAGR of 5.40% from 2023 to 2032.
The rapid growth in the geriatric population is led to significant growth in the market size of dental laboratories. The increasing outsourcing of dental laboratories for prosthetic solutions which are customized otherwise helps to increase the overall market of dental laboratories worldwide. The increase in a number of dental problems also helps to boost this market. This is the primary reason which contributes to the rapid growth of the dental laboratories market.
The oral care segment of the dental laboratories market is expected to have the largest share during the forecast and a good market share due to increased awareness regarding oral hygiene and the adoption of various techniques.
The systems and parts segment will dominate the market due to various supporting devices which are required for dental laboratory procedures. . The dental laser segment is expected to grow due to the use of computer in this industry. It provides many benefits like regeneration of bones and ligament issues reduced surgery discomforts and minimal bleeding.
The North American market has increased awareness among the public regarding the oral health care and the high health care expenditure and these are the major drivers for the growth of this region.
Dental Laboratories Market Report Scope
|Market Size in 2023||USD 32.76 Billion|
|Market Size by 2032||USD 52.59 Billion|
|Growth Rate from 2023 to 2032||CAGR of 5.40%|
|Forecast Period||2023 to 2032|
|Segments Covered||By Product, By Equipment, By Material and By Prosthetic Type|
|Regions Covered||North America, Europe, Asia-Pacific, Latin America and Middle East & Africa|
The global dental laboratories market is divided into Asia Pacific, Europe, Latin America, North America and the Middle East. among these Europe holds the largest market size. On the other hand the Asia Pacific region is foreseen do you have the highest CGR among the others during the forecast period. The increase in the dental tourism number of dental laboratories and the geriatric population help to boost the market. The other regions which contribute to this dental market are the European countries of France, UK, Germany and Italy.
The increase in the number of dental product manufacturers and distributors helps to widen the market size. The growing number of dental problems amongst the youngsters WITH irregular eating habits help to boost the market. Outsourcing of the dental laboratories services also proved to be a driving factor the increase in the number of geriatric age group people also help to increase the market size of this sector. Then increasing awareness of oral hygiene is another driving factor for this sector.
Highly advanced equipments leading to minimal bleeding during the procedures help to boost the market. The dental laser segment is expected to show a considerable growth during the forecast period.
Strict regulations relating to consumer safety restrain the growth of the dental laboratories market. The high investments required for these dental laboratories also proved to be a restraining factor. The inflexible government policies and regulations relating to the market growth also hinder the size of the market. The high operational cost of these laboratories and the growing competition creates obstacles for the growth of the market.
Improper reimbursement facilities also proved to be a setback for the future of the market. The outbreak of the COVID-19 pandemic became a great obstacle for the dental laboratories market due to the suspension of the dental services to avoid risks.
The increasing number of geriatric population leads to the increase in the number of dental problems which in turn proves to be a great opportunity for the growth of the market. Organization house also let's do the increase in the consumption of fast food and sugar, increasing the number of dental disorders, providing a boost to the dental laboratories market.
Modern technology is used in these procedures include minimal invasion which attracts a significant market growth. Advanced technologies used in the dental laboratories also helps in accurate diagnosis of the condition.
Lack of reimbursement facilities proved to be a great challenge in front of the dental laboratories market. Owing to the high rates associated with the dental services, dependence of people over insurance policies increases to a great extent. The lack of awareness among the people regarding various dental services and oral health care hinders the growth of the market. The high capital investment which is required for the equipments effect the market growth greatly.
The increase in the use of all-ceramic restoration, introduction of laser-welding systems.
The introduction of three laser-sintering systems
Machines equipped with custom-milled abutment
Stent manufacturing procedures
CAD system was introduced
Plasma filtration process
Use of electroforming equipment and devices
The presence of these services in the dental laboratories market sector has helped to boost the growth of the market size. These are the recent developments that have greatly influenced the number of people opting for dental services which helps the market to show significant growth during the forecast period. Thus helping the patients to have a good experience of the dental services market with advanced modern technology.
Major Key Players
Segments Covered in the Report
By Prosthetic Type
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