The dental laboratory market is on track for significant expansion, with its valuation expected to rise from USD 58,616.6 million in 2024 to an impressive USD 99,300 million by 2034. This robust growth is anticipated to occur at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2034, driven by increasing public awareness of oral health, amplified aesthetic appeal in dentistry, and innovative new approaches within the field.
The dental laboratory market is benefitting from a surge in public awareness regarding the importance of oral health care, alongside government initiatives aimed at reimbursing dental treatments. These factors are playing a pivotal role in propelling the industry forward, ensuring more individuals have access to high-quality dental care and advanced treatments.
Additionally, the development of new technologies and techniques is revolutionizing the dental industry, making procedures more efficient, effective, and aesthetically pleasing. The growing emphasis on aesthetic dentistry, combined with these technological advancements, is further fueling market growth and transforming the patient experience.
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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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