About Dental Lab
Global dental laboratories have experienced robust technological advancements as well as continues research & development which will ultimately generate significant demand for dental products. In addition to this, the increasing geriatric population across the globe & increasing prevalence of numerous dental diseases such as Edentulism. The American Academy of Cosmetic Dentistry, around 99% of the population significantly cares for their smile & oral care and approximately 84% of individuals have opted orthodontic treatments which will generate robust demand dental care across the globe. However, the demand might be stagnated due to the expensive solutions and the dominance of prominent vendors.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 5.62% |
Dental Labs must comply with strict regulations regarding hygiene, safety, and quality standards, impacting operational costs and requiring continuous investments in compliance measures. The competitive landscape within the dental lab market is crucial for both established players and newcomers. Analyzing the factors mentioned above can provide valuable insights for developing competitive strategies, optimizing operations, and adapting to the evolving market dynamics. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dental Lab market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M Company (United States), Henry Schein Inc. (United States), Straumann AG (Switzerland), Keating Dental Arts (United States), Modern Dental Laboratory Co., Ltd. (Hong Kong), National Dentex Corporation (United States), Patterson Companies, Inc. (United States), Shofu Inc. (Japan), Sirona Dental Systems Inc. (Germany) and Yenadent Ltd. Sti. (Turkey) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Dentcare Dental Lab (India).
Segmentation Overview
AMA Research has segmented the market of Global Dental Lab market by Type (Restorative, Implant and Oral Care) and Region.
On the basis of geography, the market of Dental Lab has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North Amercia region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Material, the sub-segment i.e. Metal Ceramic will boost the Dental Lab market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Equipment Type, the sub-segment i.e. Lasers will boost the Dental Lab market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Prostetics, the sub-segment i.e. Bridge will boost the Dental Lab market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Continues Technological Advancements in Dental Care as well as Growing Dental Tourism and Introduction to New and Differentiating Dental Care Products
Market Growth Drivers:
Increasing Geriatric Population across the Globe and Rising Prevalence of various Dental Problems such as Edentulism
Challenges:
Stringent Government Regulations with respect to Oral Care Product Development
Restraints:
Comparatively Higher Costs of Associated with Dental Product Raw Materials and Highly Oligopolistic Competition leading to Markup Pricing
Opportunities:
Growing Adoption of 3D printing and CAD/CAM software and Increasing Demand from the Emerging Economies
Market Leaders and their expansionary development strategies
In October 2023, 3M has partnered with SmileDirectClub, a leading provider of teledentistry and teeth-aligner services. This partnership allows 3M to provide their dental materials and technologies to SmileDirectClub's network of affiliated dental labs.
In October 2023, Digital Smile Design announced the launch of its new DSDApp, allowing dentists and dental labs to collaborate on smile designs using mobile devices. This app is expected to make digital smile design more accessible and convenient for dental professionals.
Key Target Audience
Dental Lab Service Providers, Dental Equipment Manufacturers, Dental Equipment Distributors and Traders, Healthcare Industry Associations, Government Agencies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.