LAMEA Dental Laboratories Market By Product (Oral care, Implants, Restorative, Orthodontic, and Endodontic), By Equipment Type (Systems & Parts, Laboratory Machines, Dental Radiology Equipment, Dental Lasers, Hygiene Maintenance Devices and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Dental Laboratories Market would witness market growth of 11.2% CAGR during the forecast period (2021-2027).
Various social media influencers and celebrities have increased the need for aesthetic appeal in the field of dentistry by showing their perfect smiles on different social media platforms across the world. Based on the study by the American Academy of Cosmetic Dentistry, approximately 99.7% of people across the world consider that their smile is an important social asset, and around 84% of people approved that they feel pressurized to make their smile perfect. Due to this reason, there is a surge in orthodontic treatment. This increased demand for orthodontic treatment led to the improvement in the procedures and techniques to fulfill the specific requirements of the people, thereby augmenting the market growth.
The people in LAMEA are focusing on their health and well-being. A large population in this region is suffering from several dental disorders that are accountable to boost the regional dental laboratories market. Several government initiatives like Smiling Brazil are accountable to spread awareness about dental problems and oral diseases. In addition, the cost of dental treatment procedures is comparatively low that is fueling the dental tourism industry, and also driving the growth of the dental laboratories market in this region.
Moreover, the government in this region is providing primary dental services to the people residing there, at a lower price. Further, cosmetic dentistry is one of the biggest sectors, leading to a surge in the demand for dental laboratories in the region. Mexico is also witnessing an increase in the number of patients suffering from dental problems, which includes children and adults. In addition, the region is also witnessing a dearth of trained professionals to perform dental treatments properly. This factor is hampering the growth of the regional market, whereas, there will be a gradual surge in the growth of the dental laboratories market in the coming years.
The Systems & Parts market dominated the South Africa Dental Laboratories Market by Equipment Type 2020, thereby, achieving a market value of $221.4 million by 2027. The Laboratory Machines market is estimated to grow at a CAGR of 12.3% during (2021 - 2027). The Dental Radiology Equipment market would experience a CAGR of 13.4% during (2021 - 2027). Additionally, The Dental Lasers market is expected to witness highest CAGR of 13.2% during (2021 - 2027).
Based on Product, the market is segmented into Oral care, Implants, Restorative, Orthodontic, and Endodontic. Based on Equipment Type, the market is segmented into Systems & Parts, Laboratory Machines, Dental Radiology Equipment, Dental Lasers, Hygiene Maintenance Devices and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Modern Dental Group Limited, Dentsply Sirona, Inc., Envista Holdings Corporation, Institut Straumann AG, Henry Schein, Inc., 3M Company, DentCare Dental Lab Pvt. Ltd., Shofu Dental GmbH, GC Corporation and A-dec, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Oral care
By Equipment Type
- Systems & Parts
- Laboratory Machines
- Dental Radiology Equipment
- Dental Lasers
- Hygiene Maintenance Devices
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Modern Dental Group Limited
- Dentsply Sirona, Inc.
- Envista Holdings Corporation
- Institut Straumann AG
- Henry Schein, Inc.
- 3M Company
- DentCare Dental Lab Pvt. Ltd.
- Shofu Dental GmbH
- GC Corporation
- A-dec, Inc.
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