|Fastest Growing Market:||Asia-Pacific|
|Largest Market:||North America|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The Dental Labs market is expected to register a CAGR of 7.3% over the forecast period, 2022-2027.
COVID-19 pandemic had a substantial impact on the dental labs market, specifically for dental services. The strict lockdowns and government regulations intended to slow down the spread of COVID-19 resulted in a decrease in demand for products across all segments. In wake of COVID-19 outbreak, various organizations, such as, Medicare and Medicaid Services (CMS)17, American Dental Association (ADA)15 and the American Dental Hygienists’ Association (ADHA)16 have recommended postponing all elective dental procedures and provision of noncritical dental care. As per the articles published in March 2022 titled ‘Aerosols generated by high-speed handpiece and ultrasonic unit during endodontic coronal access alluding to the COVID-19 pandemic’ in Springer Nature, there is a risk of transmission of acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which results in the COVID-19 disease, in dental practice carried by aerosol particles from blood, saliva, and other body fluids exposure of symptomatic and asymptomatic patients, combined with instruments that generate aerosols.
As per the articles published in May 2020 titled ‘Impact of SARS-CoV2 (Covid-19) on dental practices: Economic analysis’ in National Library of Medicine, mentioned that the longer Covid-19 mitigation/suppression measures are upheld, the greater the financial distress imposed onto dental clinics will be, affecting especially those with higher operational costs. Thus, the COVID-19 outbreak affected the market's growth adversely for dental labs market; however, the market is expected to gain traction due to the significant increase in the use of dental labs globally.
Further, an increase in the geriatric population, increasing cases of edentulism, and growing demand for cosmetic dental procedures are among the major factors driving the growth of the studied market. For instance, in June 2022 according to the United States Census Bureau, 65-and-older population grew by over a 34.2% during the past decade, and by 3.2% from 2018 to 2019. Dental labs provide customized dental solutions with advanced technological support, and presence of the latest equipment may support the growth in the future. Such factors are likely to boost the adoption of dental labs, thereby contributing to the studied market growth.
In addition, new product launches and strategic activities by major players in the market are positively affecting the growth of the studied market. For instance, in June 2022 ZimVie Inc. announced the joint launch of the new, FDA-cleared T3 PRO Tapered Implant and Encode Emergence Healing Abutment in the United States. Additionally, in July 2021, 3M Oral Care has introduced Clarity Aligners Flex + Force, a new aligner system that empowers orthodontists to choose from two unique aligner materials in one treatment design and gives patients a customized treatment experience. Thus, owing to the product launches the studied market is expected to have significant growth over the forecast period.
Therefore, owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period. However, the high cost of dental treatment is likely to impede market growth.
Scope of the Report
As per the scope of the report, dental labs manufacture the products to address the evolving needs of the dental industry across the globe. Dental labs are involved in the fabrication of dentures, prostheses, alignment, and replacement plates among others using varied dental equipment. The Dental Labs market is segmented by Equipment Type (Milling Equipment, Dental Scanner, 3D Printing System, CAD/CAM System, Casting Machines, Radiology Equipment, Others), By Product Type (Orthodontics, Endodontics, Restorative, Oral Care, Implants, Others ) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
|By Equipment Type|
|3D Printing System|
|By Product types|
Key Market Trends
3D Printing System segment is Expected to Witness Significant Growth Over the Forecast Period
3D Printing system is used with a faster turnaround time and increased accuracy in preparing dental models, oral devices, and restorative products among others. Dental 3D printing provides better patient fit along with simplified in-house production in dental labs. Hence, owing to the advantages offered by 3D Dental Printing, the adoption of these products is likely to increase among the target population, ultimately driving the market growth.
Furthermore, a continuous collaboration by major players in the market is positively affecting the growth of the segment. For instance, in Feb 2022, 3D Systems and Saremco Dental AG announced a strategic partnership to accelerate innovation in digital dentistry, enabling dental laboratories and clinics to address a variety of indications with unparalleled accuracy, repeatability, productivity, and lower total cost. Further, in December 2021, Stratasys Ltd. introduced the newest printer of 3D printing solutions for the dental industry, the Stratasys Origin One Dental. The Stratasys Origin One Dental and the recently introduced Stratasys J5 DentaJet 3D printer provide dental labs with comprehensive additive manufacturing solutions to meet the needs of the growing dental customer base.
To understand key trends, Download Sample Report
North America is Expected to Dominate the Dental Labs Market
North America is expected to dominate the market owing to factors such as the easy availability of technologically advanced products, and high awareness among consumers about the cosmetic dental procedure in the region. According to the American Dental Association 2020, more than 5 million US seniors aged 65 to 74 have complete tooth loss, with nearly 3 million edentulous. Also, An increase in the establishment of Dental Labs for rapid and effective results in the United States is among the key factors which contribute to the growth of the studied market in North America. Currently, In 2022, there are 9,422 dental labs in United states.
Key product launches, high concentration of market players, or manufacturer's presence in the United States are some of the factors driving the growth of the Dental Labs market in the country. For instance, In January 2022 Formlabs, the leading 3D printing company, announced the launch of the Form 3+ and Form 3B+ printers. Therefore, owing to the aforesaid factors the growth of the studied market is anticipated in the North America Region.
To understand geography trends, Download Sample Report
The dental labs market is fragmented in nature due to the presence of several companies operating globally as well as regionally. The major market players are focusing on technological advancements to acquire maximum market share. Some of the major players Include Dentsply Sirona, Envista, ZimVie Inc., 3M, Ultradent Products Inc., Planmeca Oy, Biolase Inc., Carestream Health, GC Corporation, A-dec Inc., Dental Imaging Technologies Corporation, Septodont Holding, VOCO GmbH - The Dentalists.
- In March 2022, Ultradent Products introducing a line of premium accessories for VALO Grand curing lights. The addition of six new lenses allows clinicians to use their VALO Grand light in increasingly expresive ways to provide optimal care for patients.
- In February 2021, Dentsply Sirona introduced the CEREC SW 5.1.3 update, which includes 17 newly validated materials for the CEREC Primemill including PMMA for surgical guides and bridge blocks for grinded processes.
Table of Contents
1.1 Study Assumptions & Market Defination
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Driver
4.2.1 Increase in the Geriatric Population
4.2.2 Increasing Cases of Edentulism
4.2.3 Growing Demand for Cosmetic Dental Procedures
4.3 Market Restraints
4.3.1 High Cost of Dental Diseases Treatment
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Equipment Type
5.1.1 Milling Equipment
5.1.2 Dental Scanner
5.1.3 3D Printing System
5.1.4 CAD/CAM System
5.1.5 Casting Machines
5.1.6 Radiology Equipment
5.2 By Product types
5.2.4 Oral Care
5.3.1 North America
184.108.40.206 United States
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
22.214.171.124 South Korea
126.96.36.199 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
188.8.131.52 South Africa
184.108.40.206 Rest of Middle-East and Africa
5.3.5 South America
220.127.116.11 Rest of South America
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Company Profiles
6.1.1 Dentsply Sirona
6.1.3 ZimVie Inc.
6.1.5 Ultradent Products Inc.
6.1.6 PLANMECA OY
6.1.7 BIOLASE, Inc.
6.1.8 Carestream Health
6.1.9 GC Corporation
6.1.10 A-dec Inc.
6.1.11 Dental Imaging Technologies Corporation
6.1.12 Septodont Holding
6.1.13 VOCO GmbH - The Dentalists
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The Global Dental Labs Market market is studied from 2019 - 2027.
What is the growth rate of Global Dental Labs Market?
The Global Dental Labs Market is growing at a CAGR of 7.3% over the next 5 years.
Which region has highest growth rate in Global Dental Labs Market?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Global Dental Labs Market?
North America holds highest share in 2021.
Who are the key players in Global Dental Labs Market?
Dentsply Sirona, Envista , ZimVie Inc., BIOLASE, Inc., Ultradent Products Inc. are the major companies operating in Global Dental Labs Market.