The dental laboratory market is on track for significant expansion, with projections estimating a growth from USD 58,616.6 million in 2024 to USD 99,300 million by 2034. This robust increase reflects a compound annual growth rate (CAGR) of 5.4% over the next decade, driven by heightened aesthetic appeal in the dentistry sector and the advancement of innovative approaches in dental technology.
The surge in market valuation is largely attributed to growing public awareness of oral health care and increased government initiatives aimed at reimbursing dental treatments. These factors are contributing to a broader acceptance and integration of advanced dental technologies, enhancing both the functionality and appearance of dental solutions.
The dental laboratory industry is experiencing a transformative phase, characterized by advancements in materials and techniques that cater to the rising demand for aesthetic dental solutions. As the industry evolves, the emphasis on high-quality, personalized dental care continues to drive market growth.
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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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