Published Date: 26-Sep-2021
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According to a new report Global Dental Laboratories Market, published by KBV research, The Global Dental Laboratories Market size is expected to reach $51.4 billion by 2027, rising at a market growth of 10.4% CAGR during the forecast period.
The systems and parts segment acquired the highest market share in 2020. The assisting equipment which are needed to perform dental laboratory procedures are dental systems and their parts. The parts of the dental systems comprise furnaces, articulators, milling equipment, and scanners. The necessary equipment required by conventional dental technicians is system and parts.
The restorative segment collected a prominent revenue share in 2020. Technological improvements in various areas like digital radiography, caries diagnosis, intraoral imaging, and CAD/CAM implant dentistry resulted in improving the precision of restorations, which is accountable to propel the growth of the dental laboratories market.
Asia-Pacific is anticipated to register the maximum growth rate during the forecasting period, owing to the increasing dental tourism, growing awareness related to oral health, and reduced cost of dental laboratory work. Moreover, factors that are anticipated to boost the dental laboratories market are larger untapped opportunities, rapidly improving healthcare infrastructure, increasing awareness of oral healthcare among the population, progressive economy, a large number of elderly populations, and increasing disposable income.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Equipment Type
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