Dental Lab Market to Register Highest CAGR Growth of 12.4% by 2029: Analysis by Segmentation, Competitors Analysis, Product Research and Future Trends
CANBERRA, Australia, July 28, 2022 /PRNewswire/ -- A Qualitative Research Study accomplished by Data Bridge Market research's database of 350 pages, titled as "Global Dental Lab Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. A dental laboratory primary role is to provide restorative dentistry is to perfectly copy all of the functional and aesthetic parameters that have been defined by the dentist into a restorative solution. Throughout the entire restorative process, from the initial patient consultation, diagnosis, and treatment planning to final restoration placement, the communication routes between the dentist and the laboratory technician now can provide a complete transfer of information. Functional components, occlusal parameters, phonetics, and aesthetic requirements are just some of the essential types of information that are necessary for technicians to complete the fabrication of successful, functional, and aesthetic restorations. Today, as in the past, the communication tools between the dentist and the technician include photography, written documentation, and impressions of the patient's existing dentition.
The global dental lab is supportive and aims to reduce the severity of the symptoms. Data Bridge Market Research analyses that the dental lab market will grow at a CAGR of 12.4% during the forecast period of 2022 to 2029.
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Market Overview:-
A dental laboratory primary role is to provide restorative dentistry is to perfectly copy all of the functional and aesthetic parameters that have been defined by the dentist into a restorative solution. Throughout the entire restorative process, from the initial patient consultation, diagnosis, and treatment planning to final restoration placement, the communication routes between the dentist and the laboratory technician now can provide a complete transfer of information
The equipment in the dental laboratory includes the full range of systems used for manufacturing fixed or removable dental prosthetics. The dental laboratory technician's task is to fabricate crowns, bridges, dentures, and orthodontic appliances based on the prescription of a dentist. Many of these tasks require high precision, and the technician's skill weighs heavily on the ultimate success of the treatment. Laboratory technicians are trained on the job or in formal education programs.
Opportunities
- New Product Releases
The companies which are involved in the dental lab market have been coming up with various new products based on new technologies most noticeable launches amongst these in the field of dental labs are in the field of Dental Imaging and digital dentistry.
Some of the major players operating in the dental lab market are
- Henry Schein, Inc.
- Dentsply Sirona
- Danaher
- PLANMECA OY
- 3M
- Zimmer Biomet
- 3Shape A/S
- A-dec Inc.
- BioHorizons
- BIOLASE, Inc.
- Core3dcentres
- Carestream Health
- Dentatus
- GC Corporation
- KaVo Dental
- Gnatus Medical-Dental Equipment's
- Formlabs
- Mitsui Chemicals, Inc.
- Roland DGA Corporation
- SCHEU DENTAL GmbH
- Septodont, Inc.
- Ultradent Products Inc.
- VOCO GmbH
- Young Innovations, Inc.
For instance,
- In 2021, according to data by the Division of Oral Health, National Center for Chronic Disease Prevention and Health Promotion, nearly all adults (96%) aged 65 years or older have had a cavity; 1 in 5 have untreated tooth decay
- In 2021, according to data by the Division of Oral Health, National Center for Chronic Disease Prevention and Health Promotion, nearly all adults (96%) aged 65 years or older have had a cavity; 1 in 5 have untreated tooth decay
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Global Dental Lab Market Dynamics
Drivers
Rise In Research And Development Activity In Dental Industries
The pricing pressure has resulted in changes in the core dynamics of the dental implant industry. The innovations have created a substantial increase in the number of local and regional players involved in the creation of similar products and offering them at a lower cost.
Recent Developments,
- In 2018, Young Innovations (U.S.) announced the acquisition of Johnson-Promidet (U.S.). The company focuses on high-quality dental handpiece solutions. This acquisition will result in delivering innovative, high-quality products and solutions to clinicians and their patients and also enhance their portfolio of brands and products through organic growth and acquisitions.
- In 2018, Danaher (U.S.) announced its agreement with General Electric Company (U.S.) for the acquisition of the Biopharma business of GE Life Sciences for the cash price of USD 21.4 Billion. The business will be established as a stand-alone operating company within Danaher.
- The increase in research and development activities has made the companies more active in extending their services in the market targeting more customers in the market leading to a growth in the global dental lab market.
Rapid Growth In The Geriatric Population
Oral health and hygiene are not very different from general health and unlike any other problem old age makes it difficult to maintain or keep check of the problem, so it becomes difficult to maintain oral health at an older age. According to the World Health Organization (WHO), from 2015 to 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. The elderly population, majorly suffers from chronic dental disorders, due to the elderly population, being disabled, homebound, or institutionalized (e.g., seniors who live in nursing homes). These factors increase the risk of oral health, among the elderly population.
Important Facts about This Market Report:-
- This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details
- The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions
- This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned
- The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed
- The import and export details along with consumption value and production capability of every region is mentioned in the report
- Porter's five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
- The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies
Key Opportunities:-
- New Product Releases
The companies which are involved in the dental lab market have been coming up with various new products based on new technologies most noticeable launches amongst these in the field of dental labs are in the field of Dental Imaging and digital dentistry.
- Increased Aesthetic Dentistry In Dental Labs
Aesthetic dentistry has revolutionized the dentistry industry by providing a minimally invasive aesthetic enhancing approach along with the treatment. The dental treatment with braces is one such aesthetic treatment that helps to get desired teeth to shape for patients who are not satisfied with the shape of their teeth or those who have severe issues due to the misalignment of teeth. Various factors propel the growth of the market such as media influencers to encourage society to look beautiful and smile confidently. Men and women alike increasingly want less noticeable of their orthodontics procedures.
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Restraints/Challenges:-
- High Cost Of Dental Equipment And Materials
Dental equipment varies a lot in terms of costs in the market but considering good technologies and quality equipment, the costs are fairly high leading them to be less accessible to dental professionals due to budget issues.
The advancements in the technologies and innovations in the product result in higher costs of this equipment. Moreover, there is a wide price range of materials used by dentists.
Key Segmentation: Dental Lab Market:-
Products
- General & Diagnostic Devices
- Treatment-Based Devices
- Others
Dental lab Market Regional Analysis/Insights
The global dental lab market is analysed and market size insights and trends are provided by regions, product as referenced above.
The countries covered in the dental lab market report are the U.S., Canada and Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe., China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific, Brazil, Argentina, Peru and Rest of South America. South Africa, Saudi Arabia, UAE, Egypt, Israel and Rest of Middle East and Africa.
North America is expected to dominate the market due to rise in cases of periodontal disorders, rise in medical tourism about dental treatment in global region.
Key Pointers Covered in the Dental Implants Market Industry Trends and Forecast to 2029
- Dental Lab Market Size
- Dental Lab Market New Sales Volumes
- Dental Lab Market Replacement Sales Volumes
- Dental Lab Installed Base
- Dental Lab Market By Brands
- Dental Lab Market Procedure Volumes
- Dental Lab Market Product Price Analysis
- Dental Lab Market Healthcare Outcomes
- Dental Lab Market Cost of Care Analysis
- Dental Lab Regulatory Framework and Changes
- Dental Lab Prices and Reimbursement Analysis
- Dental Lab Market Shares in Different Regions
- Dental Lab Recent Developments for Market Competitors
- Dental Lab Market Upcoming Applications
- Dental Lab Market Innovators Study
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Top Trending Reports: -
Europe Dental Lab Market, By Products (General and Diagnostic Devices, Treatment-Based Devices and Others) https://www.databridgemarketresearch.com/reports/europe-dental-lab-market
Asia-Pacific Dental Lab Market, By Products (General and Diagnostic Devices, Treatment-Based Devices and Others) https://www.databridgemarketresearch.com/reports/asia-pacific-dental-lab-market
North America Dental Lab Market, By Products (General and Diagnostic Devices, Treatment-Based Devices and Others) https://www.databridgemarketresearch.com/reports/north-america-dental-lab-market
Middle East and Africa Dental Lab Market, By Products (General and Diagnostic Devices, Treatment-Based Devices and Others) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-dental-lab-market
Belgium Dental Lab Market By Product (General & Diagnostic Devices and Treatment Based Devices), Country (Belgium) https://www.databridgemarketresearch.com/reports/belgium-dental-lab-market
Germany 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) https://www.databridgemarketresearch.com/reports/germany-dental-lab-market
Netherlands 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) https://www.databridgemarketresearch.com/reports/netherlands-dental-lab-market
Dental Laboratories Service Market, By Service Type (Implant Prosthesis Dental Service, Ceramic System Service, Cast Partial Dentures Service, Digital Service), Product (Restorative, Orthodontic, Endodontic, Oral Care, Implant), Equipment Type (Dental Radiology Equipment, Dental Lasers, Systems and Parts, Hygiene Maintenance Device, Others) https://www.databridgemarketresearch.com/reports/global-dental-laboratories-service-market
Dental Implants Market, By Product Type (Endosteal Implants, Subperiosteal Implants, Transosteal Implants), Material Type (Titanium, Zirconium, Ceramic, Others), Procedure (Root-Form Dental Implants, Plate-Form Dental Implants), Demographics (Geriatric, Middle Aged, Adult, Others), Price (Premium Implants, Value Implants, Discounted Implants), Design (Tapered Implants, Parallel Walled Implants), End User (Dental Clinics, Dental Hospitals, Dental Academic and Research Institutes, Dental Laboratories) https://www.databridgemarketresearch.com/reports/global-dental-implants-market
Dental Radiology Equipment Market, By Type (Diagnostic Dental Equipment and Therapeutic Dental Equipment), End Users (Hospitals, Diagnostic Centres, and Dental Clinics) https://www.databridgemarketresearch.com/reports/global-dental-radiology-equipment-market
Dental Imaging (X-Ray) Market, By Product (Digital X-Ray, Analog X-Ray, Dental CBCT, Intraoral Cameras, Dental Optic Imaging), Type (Intraoral X-rays, Extraoral X-rays, Hybrid X-Ray Systems), Application (Medical, Cosmetic, Forensic, Diagnostics, Surgery, Research, Therapeutic), End Users (Dental Clinics, Dental Laboratories, Dental Academic and Research Institutes, Forensic Laboratories, Hospitals, Others) https://www.databridgemarketresearch.com/reports/dental-imaging-market
Dental Equipment Market, By Product (Dental Radiology Equipment, Systems and Parts, Dental Lasers, Laboratory Machines, Hygiene Maintenance), Treatment (Orthodontic, Endodontic, Periodontic, Prosthodontic), End Use (Hospitals, Clinics, Dental Laboratories, Others) https://www.databridgemarketresearch.com/reports/global-dental-equipment-market
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