The global dental laboratory industry is set to experience significant expansion over the next decade, fueled by heightened demand for innovative dental solutions. Valued at USD 58,616.6 million in 2024, the market is projected to reach USD 99,300 million by 2034, reflecting a robust compound annual growth rate (CAGR) of 5.4%.
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The dental laboratory market’s promising growth trajectory underscores the increasing role of technology and aesthetic focus in modern dentistry. With rising investments in innovation and government-backed efforts to promote oral health, the sector is well-positioned to meet evolving consumer needs and establish itself as a pivotal part of the global healthcare ecosystem.
Dental Laboratory Market Dynamics
The industry is predicted to expand significantly in the upcoming years due to the surge in the geriatric population globally. Also, rising popularity of cosmetic dentistry procedures is creating a demand for dental laboratory services.
Robust advancement in technologies in the dental laboratory sector has resulted in reduced chair time, faster recovery, and less pain treatment, making them a popular option. On top of that, customizing dental applications has recently seized consumer interest in the industry. This is impacting the expansion of aesthetics and appeal in the field of dentistry within the industry.
High cost associated with dental equipment and other materials is expected to impede growth. Moreover, survival of new entrants and small players is anticipated to be difficult in the industry, posing a challenge.
Advancements in 3D printing technologies have revolutionized the industry by offering high accuracy in dental applications. On the other hand, growing implementation of CAD/CAM technology in dental laboratories is fueling growth by magnifying precision and reducing human error. Also, rapid adoption of tele-dentistry and virtual consultations has impacted the industry with the potential for digital impressions and tele-denture design to become more prevalent.
Competitive Landscape in the Dental Laboratory Market
Advancements in technology continue to impact dental laboratories. The adoption of automation and data interchange plays a vital role in the rising demand for dental services. Working on the digital platform and implementing new techniques has revolutionized the traditional dental workflow. This is leading to an upward trend in the industry’s value. The utilization of automated equipment and processes is raising the efficiency of dental laboratories, ensuring timely service delivery to patients.
Numerous players operate in the market, each with their own strategies. Industry players expand by opening chains and new laboratories, thereby increasing the industry’s share value. Regulatory innovative products keep the industry competitive by offering better and more efficient solutions. Collaboration with other key players can share resources and knowledge, improving services to increase their share of the industry.
GC Corp. has acquired BioCentriq, a United States-based contract development and manufacturing organization, enhancing its capabilities in the growing cell and gene therapy CDMO industry. The acquisition aims to accelerate GC’s growth and provide diverse healthcare solutions.
Mitsui Chemicals has started implementing digital traceability in office supply recycling. It has been included in the Dow Jones Sustainability Indices Asia Pacific for five years and is preparing for Japan’s first biomass-derived plastic production.
Recent Developments in the Dental Laboratory Market
Key Companies in the Dental Laboratory Market
Key Segmentation of the Dental Laboratory Market
The market is categorized into dental radiology equipment, dental lasers, systems and parts, laboratory machines, hygiene maintenance devices, and others
Dental laboratories include restorative, orthodontic, endodontic, implant, and oral care products.
Industry analysis has been carried out in key countries of North America, Latin America, Europe, South Asia, East Asia, Oceania, as well as the Middle East and Africa (MEA)
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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