Global Dental Laboratory Market for Spectacular Growth, Projected to Reach USD 99,300 Million by 2034 at a 5.4% of CAGR
The global dental laboratory market is on the brink of an exciting transformation, with its valuation poised to climb from USD 58,616.6 million in 2024 to a staggering USD 99,300 million by 2034. This remarkable growth, driven by a CAGR of 5.4% over the next decade, reflects the industry’s dynamic evolution and the increasing emphasis on dental aesthetics and innovative approaches.
Key drivers fueling this growth include rising public awareness of oral health care and robust government initiatives to reimburse dental treatments. As people become more conscious of the importance of oral hygiene and the aesthetic appeal of their smiles, the demand for advanced dental solutions continues to surge.
The dental laboratory market’s promising future is underscored by significant advancements in technology and the development of new techniques, ensuring that dental professionals can offer cutting-edge, effective treatments to their patients. This progress is set to revolutionize the way dental care is perceived and delivered, making high-quality, aesthetically pleasing dental solutions more accessible than ever before.
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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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