Dental Laboratories Market - Growth Driving Factors:

# Growth in geriatric population and edentulism cases
# Development of technologically advanced solutions
# Rising incidence of dental caries and other periodontal diseases
# Increasing outsourcing of manufacturing functions to dental laboratories
# Increasing number of dental laboratories investing in CAD/CAM
# Growing dental tourism
# Increasing dental expenditure along with growth in disposable incomes

Market Estimation Methodology:

# The market value of indirect restorative materials such as metal-ceramics, traditional all-ceramics, CAD/CAM materials, plastics, and metals has been extracted from the repository and validated through secondary and primary research.

# Dental laboratory equipment market shares have been extracted from the repository and validated through secondary and primary research.

# The market shares of the prosthetic type segments have been extracted from the repository and validated through secondary and primary research.

# This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives.

Expected Revenue Growth:

The global dental laboratories market is estimated to grow at a CAGR of 5.9% during the forecast period. The market is projected to reach USD 46.5 billion by 2027 from USD 35.0 billion in 2022.

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Global Leading Companies:

Prominent players in the dental laboratories market are Dentsply Sirona, Inc. (US), Envista Holdings Corporation (US), 3M Company (US), GC Corporation (Japan), Mitsui Chemicals (Japan), Planmeca Group (Finland), BEGO GmbH & Co, KG (Germany), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), Shofu Dental Corporation (Japan), VITA Zahnfabrik H. Rauter GmbH & Co. KG (Germany), Kuraray Noritake Dental Inc. (Japan), etc. among others.

Dentsply Sirona (US) held the leading position in the dental laboratories market in 2021. The merger of DENTSPLY International and Sirona Dental Systems is one of the major mergers in the dental industry. With Sirona completely dedicated to equipment and DENTSPLY majorly to dental consumables, the merger resulted in the formation of Dentsply Sirona, which operates in more than 40 countries. The broad dental equipment portfolio of the company includes CAD/CAM systems, materials, imaging systems, and dental specialty products for endodontics, orthodontics, and implants.

Envista Holdings Corporation (US) is the second leading company in the dental laboratories market. Envista manufactures dental products that enable dental professionals to deliver better quality services. The company’s Ormco Corporation division provides innovative aesthetic products, and the KavoKerr division has an extensive product portfolio for the dental laboratories market. The company emphasizes product development, product launches, and commercial investment.

Ivoclar Vivadent (Liechtenstein) is one of the leading players in the dental laboratories market. The company has a broad product portfolio in the indirect restorative materials and lab side equipment markets, an important factor for its future growth. The company primarily focuses on organic and inorganic strategies such as new product launches and partnerships to maintain its position in the market.

Global Geographical Growth Scenario:

The APAC Dental Laboratories market is projected to grow at the highest rate during the forecast period.

The dental laboratories market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2021, Europe accounted for 32.5% of the market during the forecast period. The increasing incidence of dental caries and various periodontal diseases is driving the demand for dental procedures and products, such as prosthetics and implants, in Europe. The emerging markets across the Asia Pacific and Latin America are expected to grow at higher CAGRs during the forecast period.

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Recent Developments:

# In October 2021, Amann Girrbach Ag (Austria) extended its partnership; the CAD/CAM material portfolio will be expanded to include blocks from Ivoclar Vivadent. The objective of the cooperation was to integrate materials characterized by an efficient processing workflow and high esthetics.

# In September 2021, Straumann Group (Switzerland) partnered with Aspen Dental to provide implant abutments, CAD/CAM options, and solutions to various offices across the US.

# In July 2021, Ivoclar Vivadent (Liechtenstein) entered a strategic partnership with exocad GmbH (exocad), an Align Technology, Inc. (US) company, to develop a digital platform that provides dental laboratories with innovative solutions that enable them to expand their digital workflows and increase lab work efficiency.

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