Dental Lab Market Growth Steady at 5.8% CAGR to 2022 Driven by Milling Equipment
PUNE, India, September 13, 2017 /PRNewswire/ --
The global dental laboratories market is forecast to reach $43.08 billion by 2022 from $32.56 billion in 2017 at a CAGR of 5.8% during (2017-2022) driven by the increasing edentulous, rapid rise in oral diseases, growing dental tourism in emerging countries, and the increased outsourcing of dental prosthetic manufacturing to dental labs says a newest report at ReportsnReports.com.
Browse 274 Market Data Tables and 34 Figures spread through 241 Pages and in-depth TOC on "Dental Lab Market - Global Forecast to 2022" http://www.reportsnreports.com/reports/1182642-dental-lab-market-by-material-metal-ceramic-ceramic-zirconia-glass-ceramic-equipment-milling-equipment-scanner-furnace-articulators-prosthetics-bridge-crown-porcelain-fused-to-metal-cad-cam-ceramics-st-to-2022.html .
The prominent players in the dental laboratories devices market include DENTSPLY SIRONA Inc. (US), Danaher Corporation (US), 3M Company (US), Zimmer Biomet Holdings, Inc. (US), Ultradent Products, Inc. (US), GC Corporation (Japan), Mitsui Chemicals, Inc. (Japan), Planmeca Oy (Finland), BEGO GmbH & Co. KG (Germany), Septodont Holding (France), Ivoclar Vivadent AG (Liechtenstein), VOCO GmbH (Germany), VITA Zahnfabrik H. Rauter GmbH & Co. (Germany) Kuraray Noritake Dental, Inc. (Japan), and Shofu Inc. (Japan).
Geographically, the global dental laboratories market is broadly segmented into five major geographies namely North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa. APAC witness the highest growth during the forecast period. In 2016, Europe commanded a major share of the global dental laboratories market. However, APAC is expected to witness the highest growth during the forecast period. The significant growth of the APAC market is mainly attributed to the rising geriatric population, growing dental tourism, increase in the number of dental laboratories, and increasing outsourcing of various manufacturing services in the region.
Inquire for Discount on Dental Lab Market by Material (Metal Ceramic, Ceramic (Zirconia, Glass Ceramic)), Equipment (Milling Equipment, Scanner, Furnace, Articulators), Prosthetics (Bridge, Crown (Porcelain Fused to Metal, CAD CAM Ceramics), Dentures) - Global Forecast to 2022 research report at http://www.reportsnreports.com/contacts/discount.aspx?name=1182642 .
The milling equipment dominated the dental laboratories equipment market in 2016. By equipment, the dental laboratories market is segmented into articulators, furnaces, scanners, and milling equipment. In 2016, the milling equipment segment accounted for the major share of the global dental laboratories market, a trend that is likely to continue during the forecast period. This is primarily due to increasing use of digital manufacturing processes in dentistry and the increasing demand for fabricating or customizing restoration models in a cost-effective manner.
By indirect restorative material, the global dental laboratories market is segmented into metal ceramics, ceramics, and other indirect restorative materials, such as cast-gold (high noble) alloys and base metal (non-noble) alloys. The ceramics segment is expected to grow at the fastest rate during the forecast period. The ceramics segment is expected to register the highest CAGR during the forecast period as the color and translucency of ceramics mimic the natural tooth appearance. This quality is expected to increase its adoption during the forecast period.
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On the basis of prosthetic type, the dental laboratories market is segmented into crowns, dentures and bridges. The dentures segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is primarily attributed to its advantages such as improved mastication or chewing ability, better aesthetics by providing a natural appearance to the face, and improved pronunciation by replacing missing teeth.
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (46%), Tier 2 (33%) and Tier 3 (21%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (43%), Director Level (35%), and Others (22%) from various key organizations operating in the Dental Lab Market. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (30%), Asia-Pacific (24%), Latin America (14%), Middle East and Africa (4%).
Another research titled Dental Implants and Prosthetics Market Forecast to 2021 says, the global dental implants and prosthetics market is expected to reach $12.32 billion by 2021, at a CAGR of 7.2% from 2016 to 2021. Companies such as Institut Straumann AG (Switzerland), DENTSPLY Sirona Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Danaher Corporation (U.S.), 3M Company (U.S.), AVINENT Implant System (Spain), CAMLOG Biotechnologies AG (Switzerland), BioHorizons IPH, Inc. (U.S.), OSSTEM IMPLANT Co., Ltd. (South Korea), Bicon, LLC (U.S.) have been profiled in this 275 pages research report available at http://www.reportsnreports.com/reports/268954-dental-implants-prosthetics-market-implants-crowns-bridges-dentures-abutments-current-trends-opportunities-global-forecasts-to-2018.html .
Explore more reports on Medical Devices Market at http://www.reportsnreports.com/market-research/medical-devices/ .
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