Dental Laboratories Market Size to Reach USD 36.4 Billion by 2032 growing at 5.7% CAGR - Exclusive Report by Acumen Research and Consulting
The Dental Laboratories market, valued at USD 22.1 Billion in 2023, is projected to surpass USD 36.4 Billion by 2032, indicating a robust CAGR of 5.7% Dental laboratories are specialized facilities that create dental prosthesis, appliances, and restorations to the specifications provided by dental practitioners. These include crowns, bridges, dentures, veneers, and orthodontic devices such as retainers and aligners. Dental technicians use a number of materials, including ceramics, metals, resins, and composites, to design custom-fit devices for patients, increasing both functionality and aesthetics. With improvements in digital dentistry, many labs now use CAD/CAM (Computer-Aided Design/Manufacturing) technologies to improve precision and productivity. The key applications of dental labs include restorative dentistry (repairing damaged teeth), prosthodontics (replacing missing teeth), and orthodontics (aligning teeth). They play a crucial role in improving oral health, function, and appearance. Growing technological advancements for dental care boosts market’s demand in forecast year. For instance, at IDS 2023, Freqty Technology unveiled the PANDA Smart, the smallest and most advanced PANDA intra-oral scanner. This new launch is expected to help fuel market growth. Dental Laboratories Market Statistics The global dental laboratories market generated USD 22.1 billion in 2023 and is projected to grow at a CAGR exceeding 5.7% from 2024 to 2032 North America led the market with a significant revenue of USD 8.4 billion in 2023 The Asia-Pacific region is expected to experience strong growth, with a projected CAGR of 6.3% The oral care product segment held a dominant 28% market share in 2023 The systems & parts equipment segment achieved 36% of the market share in 2023 Metal ceramics materials accounted for 56% of the market share in 2023 Crowns led the prosthetic type segment, holding a 36% market share in 2023 A discernible trend in the dental laboratories market is rising preference for biocompatible and aesthetic dental materials Access Table Of Content: https://www.acumenresearchandconsulting.com/table-of-content/dental-laboratories-market Dental Laboratories Market Dynamics Growing Aging Population Requiring More Dental Prosthetics and Orthodontics Fuels the Dental Laboratories Market Value The growing aging population is increasing demand for dental prosthesis and orthodontics, which is driving the value of the dental laboratory industry. As people age, they are more likely to have tooth loss, decay, and other oral health problems, necessitating the use of dentures, crowns, bridges, and implants. This demographic shift necessitates more complex orthodontic treatments to address misalignments and other oral issues. The increasing awareness of dental health and aesthetic issues among older persons contributes to the market's growth. As a result, dental laboratories are experiencing an increase in demand for unique, high-quality dental goods. Rising Integration of Digital Technologies, Such As CAD/CAM and 3D Printing Offer Significant Dental Laboratories Market Opportunity The dental laboratories market is expanding rapidly due to the increasing incorporation of digital technologies such as CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing) and 3D printing. These technologies are revolutionizing traditional dental lab operations by increasing precision, reducing turnaround times, and improving dental prosthetic personalization. CAD/CAM technology can create very accurate dental restorations, whereas 3D printing can produce complicated dental models and crowns at a lower cost. As digital workflows become more popular, laboratories benefit from enhanced efficiency and scalability, creating new options to address the growing demand for sophisticated dental treatments. Dental Laboratories Market Segmentation The global market for dental laboratories has been segmented into product, equipment, material, prosthetic type, application, end-user, and region. Product is classified into oral care, restorative, endodontic, orthodontic, and implant Equipment are divided into dental radiology equipment, dental lasers, system and parts (3D printing systems, integrated CAD/CAM systems, other systems and parts) laboratory machines (casting machines, milling equipment, furnaces, articulators, other laboratory machines), , dental scanners, and others Material segment is sub segmented into metal ceramics, traditional all ceramics, CAD/CAM materials, plastic, metals, and others Prosthetic type is categorized into bridges, crowns, veneers, dentures, and clear aligners The dental laboratories market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa Dental Laboratories Market Regional Outlook In terms of dental laboratories market analysis, in North America, the dental laboratories market is driven by advanced healthcare infrastructure, and a strong focus on aesthetic dentistry. The presence of significant industry players like Dentsply Sirona and Henry Schein promotes market growth. For instance, in February 2023, Glidewell Laboratories, one of the world's largest dental labs, announced its plan to acquire National Dentex Lab. The deal would construct a dental lab worth more than $1 billion. Furthermore, growing awareness of oral health also drives up demand for dental laboratory services in the region. The Asia-Pacific region is rapidly expanding due to increased healthcare spending, burgeoning dental tourism, particularly in China, India, and Thailand and expansion of AI technology for dental treatment. For instance, May 2023, a new Indian dental lab was established that uses AI to automate several dental prosthesis production methods. A greater access to dental care and the availability of low-cost dental solutions are propelling the market. Government actions to improve healthcare infrastructure are also contributing to industry growth. The increased prevalence of oral problems contributes to the region's growth trajectory. Dental Laboratories Market Players Dental laboratories companies profiled in the report include Dentsply Sirona Inc., National Dentex Corp, Henry Schein Inc., Lord’s Dental Studio, Modern Dental Laboratory, Danaher Corporation, Straumann, Envista Holdings Corporation, Champlain Dental Laboratory, and A-dec Inc. Enquire Before Buying https://www.acumenresearchandconsulting.com/inquiry-before-buying/1480 Receive our personalized services and customization by clicking here https://www.acumenresearchandconsulting.com/request-customization/1480 Mr. Richard Johnson Acumen Research and Consulting India: +91 8983225533 E-mail: sales@acumenresearchandconsulting.com