The North America Dental Laboratories Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
The growth in the aging population and rising demand for cosmetic dental practices are the major aspects that are anticipated to fuel the growth of the dental laboratories market. Further, the deployment of the latest imaging techniques such as computer-aided manufacturing (CAM) and computer-aided design (CAD) is anticipated to provide good facilities during the process of diagnosis. Furthermore, people are putting more emphasis on their appearance owing to aesthetic reasons, this has surged the demand for dental procedures, thereby bolstering the dental laboratories market across the globe.
Old-age people with poor cognitive health face certain problems in managing medical conditions and dental hygiene which are other factors rising the demand for dental laboratories. The geriatric population acquired approximately 15% of the population around the world in the past few years and is anticipated to increase in the coming years. Therefore, it is projected that this factor would offer lucrative opportunities for the dental laboratories market.
North America’s dental laboratories market is increasing at a parallel pace with the dental healthcare sector. The rising number of dental healthcare centers, clinics, and a growing number of endodontists are some of the key determinants that are responsible for surging the growth of the regional dental laboratories market. In addition, the growing number of periodontists, orthodontists, prosthodontists, and maxillofacial & oral surgeons are some other factors fueling the growth of the regional market.
Additionally, dental products such as, dentures, crowns, bridges, and others that are manufactured in dental laboratories, thereby propel the demand for the dental laboratories in this region. Moreover, increasing awareness about dental care, growing demand for cosmetic dentistry, and surge in the edentulous population are positively affecting the growth of the regional market. Therefore, all these factors are contributing to augmenting the growth of the dental laboratories market in North America.
The US market dominated the North America Implants Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,305.9 million by 2027. The Canada market is experiencing a CAGR of 11.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Dental Laboratories Market is Estimated to Reach USD 51.4 Billion by 2027 at a CAGR of 10.4%
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.
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