The Global Market for Dental Laboratories is Projected to Reach US$14.7 Billion by 2020

Rising Edentulous Population & Emphasis on Oral Care Drive the Global Dental Laboratories Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Dental Laboratories market. The global market for Dental Laboratories is projected to reach US$14.7 billion by 2020, driven by the growing number of edentulous people, rising dental procedural volumes, and growing awareness over the importance of dental care.

Dental laboratories are primarily involved in the manufacture of dental prostheses including full or partial dentures, crowns, veneers that enhance esthetics of patients and orthodontic appliances or splints to aid in straightening or protection of teeth. The global market for dental laboratories is driven by the growth in number of dental procedures requiring placement of missing teeth or restoration of original size and shape of teeth. In addition to expanding geriatric population, rising awareness about oral healthcare, strong demand for cosmetic dentistry and increasing incidence of dental deformations are set to drive the dental laboratories market. Increasing use of laboratory-fabricated provisionals to reduce chair time represents another major factor driving growth in the market.

Dental implants are well positioned to capture the growing tooth replacement market. With over 250 million people in need of dentures in the industrialized countries alone, the sector is poised to record high growth in the coming years. The untapped potential in this sector remains huge given the fact that only 10% to 12% of people in this target group are provided with dental implants. Also, shortage of skilled lab personnel is encouraging the automation and digitalization trend in laboratories as a means to transform workflow. Against the backdrop of challenges such as offshore competition, chairside CAD/CAM and industry consolidation, dental laboratories are evolving and are increasingly realizing the need to embrace new technologies to counter competition. To address the growing number of dental procedures and increasing demand for esthetic restorations, dental laboratories are making use of 3D imaging and the CAD/CAM technologies for enhancing productivity.

As stated by the new market research report on Dental Laboratories, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market displaying a CAGR of 11.6% over the analysis period. Increasing income levels, rising standards of living, improving healthcare services, changing demographics, and establishment of new dental clinics, are fostering growth in the region.

Major players in the market include 3M ESPE, A Plus Dental Laboratory, ADL Dental Laboratories, Asteto Dent Labs, Champlain Dental Laboratory Inc., Dental Services Group, DENTSPLY International, Inc., Elysee Dental Solutions BV, Flemming Dental Service GmbH, Glidewell Laboratories, Institut Straumann AG, Iverson Dental Laboratories, Knight Dental Design, Lord's Dental Studio, Inc., MicroDental Laboratories Inc., Modern Dental Laboratory USA, National Dentex Corp., Nobel Biocare Holding AG, Patriot Dental Laboratory, Shofu Inc., Southern Craft Dental Laboratory, Inc., Swift Dental Laboratory Ltd., Utah Valley Dental Lab, and Zimmer Biomet Holdings, Inc.  

The research report titled “Dental Laboratories: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America and Rest of World.


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