10.7 C
HomeHealthDental Laboratory Market to Exceed Valuation of USD 55.52 Billion by 2032

Dental Laboratory Market to Exceed Valuation of USD 55.52 Billion by 2032

The 2022 global market size for Dental Laboratories Market amounted to USD 3.86 Billion and is projected to reach USD 55.52 Billion by 2032, with an anticipated revenue Compound Annual Growth Rate (CAGR) of 6% throughout the forecast period. Market revenue growth is primarily propelled by the aging population and an increasing prevalence of dental problems. Furthermore, the demand for dental laboratory services is being augmented by advancements in Computer-Aided Design and Computer-Aided Manufacturing (CAD/CAM) and the evolution of Digital dentistry.

One of the key drivers for the growth of market revenue is the escalating incidence of dental diseases such as cavities, periodontitis, and oral cancer. According to the World Health Organization (WHO), an estimated 3.5 billion people worldwide suffer from oral disorders. Additionally, dental problems are more prevalent in the elderly population, contributing to the growing demand for dental laboratory services.

Get Sample Report for Dental Laboratories Market-https://www.reportsanddata.com/download-free-sample/6053

Major companies and the competitive landscape:

The global dental laboratory market is highly competitive and comprises several players, both large and small, that operate globally. The major players in the market are engaged in various strategies such as mergers and acquisitions, partnerships, product launches, and collaborations to expand their market presence and enhance their product portfolio.

Some of the major companies in the global dental laboratory market are:

  • Danaher Corporation
  • 3M Company
  • Zimmer Biomet Holdings Inc.
  • Ivoclar Vivadent AG
  • National Dentex Corporation
  • Henry Schein, Inc.
  • Modern Dental Group Limited
  • Straumann Group
  • Shofu Inc.

Read Full Report-https://www.reportsanddata.com/report-detail/dental-laboratory-market

Growth Factors for the Dental Laboratory Market:

  • Aging Population: The increasing aging population globally is a significant factor driving growth in the dental laboratory market. As individuals age, there is a higher likelihood of dental issues, leading to a greater demand for dental laboratory services.
  • Prevalence of Dental Problems: The rising prevalence of dental problems, including cavities, periodontitis, and oral cancer, is a major growth factor for the dental laboratory market. The need for restorative and prosthetic dental solutions fuels the demand for laboratory services.
  • Advancements in CAD/CAM and Digital Dentistry: Technological advancements, particularly in Computer-Aided Design and Computer-Aided Manufacturing (CAD/CAM) technologies, along with the evolution of Digital dentistry, are driving growth in the dental laboratory market. These innovations enhance precision and efficiency in dental prosthetics and restorations.
  • Increasing Demand for Dental Restorations: The growing awareness of the importance of dental health and aesthetics has led to an increased demand for dental restorations. Patients are seeking solutions such as crowns, bridges, and dentures, contributing to the expansion of dental laboratory services.
  • Rising Global Incidence of Oral Disorders: The increasing incidence of oral disorders worldwide, as highlighted by the World Health Organization (WHO) estimating 3.5 billion people affected, is a key growth driver. This higher prevalence underscores the need for dental laboratory services to address diverse oral health issues.

Request For Customization Report-https://www.reportsanddata.com/request-customization-form/6053

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

explore more