The dental laboratory market is on a path to substantial growth over the next decade. Currently valued at USD 58,616.6 million in 2024, the market is projected to reach an impressive USD 99,300 million by 2034. This growth is driven by an amplified aesthetic appeal in the dentistry subdivision and the development of new approaches in dental care.
With a projected Compound Annual Growth Rate (CAGR) of 5.4% between 2024 and 2034, the dental laboratory market is set to experience robust growth, offering significant opportunities for industry players to innovate and expand their services.
Dentistry labs are essential to the dental profession because of their capacity to create orthodontic appliances, make prosthetics, and carry out dental restorations. High-quality dental laboratory services are expected to be in high demand as the need for dental services increases globally due to reasons such population expansion, aging populations, and growing awareness of oral health.
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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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