Dental Laboratories Market Players: Envista Holdings Corporation, Dentsply Sirona, A-Dec Inc., And Straumann AG

 Dental Laboratories Industry Overview

The global dental laboratories market size is expected to reach USD 48.2 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% from 2022 to 2030. This can be attributed to increasing cosmetic dental procedures, the geriatric population, and awareness regarding oral hygiene. In addition, technological advancements are expected to fuel growth. For instance, the digitalization of dental labs and the introduction of Computer Aided Manufacturing (CAM) and Computer Aided Design (CAD) technology have improved the accuracy of dental appliances.  

 

According to World Population Aging, there were nearly 727 million people aged 65 or over in 2020, globally, and the number of aged people is anticipated to double to 1.5 billion by 2050. The high incidence rate of the elderly population is anticipated to fuel the market growth as the geriatric population is highly susceptible to dental conditions such as xerostomia coronal & root caries and periodontitis. Furthermore, the adverse dental effects due to the frequent use of prescription or OTC drugs by the elderly population are anticipated to boost the market growth.

The market is highly fragmented and is anticipated to witness significant mergers & acquisitions from both large dental service organizations and private equity firms. These mergers and acquisitions are anticipated to lead to market consolidation and enable to leverage advantages of white space acquisition. For instance, in 2022, Henry Schein, Inc. acquired Midway Dental Supply. The Midway company is a dental distributor serving dental laboratories and dental offices across the U.S. This acquisition is anticipated to contribute to the company’s growth through the addition of a new product portfolio.

 

Dental Laboratories Market Segmentation

Grand View Research has segmented the global dental laboratories market on the basis of product, equipment type, and region:

Based on the Product Insights, the market is segmented into Restorative, Orthodontic, Endodontic, Oral Care, and Implant.

  • Oral care dominated the market and accounted for a revenue share of over 25.0% in 2021. It is also anticipated to witness lucrative growth over the forecast period owing to an increase in awareness regarding oral hygiene and the growing adoption of dentures.

 

  • The restorative segment followed the oral care segment in terms of revenue share. Technological advancements in areas such as CAD/CAM implant dentistry, digital radiography, intraoral imaging, and caries diagnosis have led to improvement in the accuracy of restorations, thus fueling market growth. Based on product, the global market has been further categorized into restorative, orthodontic, endodontic, oral care, and implant.

 

Based on the Equipment Type Insights, the market is segmented into Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device, and Others.

  • The systems and parts segment dominated the market and accounted for a revenue share of over 40.0% in 2021. Dental systems and parts are the supporting equipment required to carry out dental laboratory procedures. It includes milling equipment, scanners, furnaces, and articulators.

 

  • The dental lasers segment is expected to register the fastest CAGR of 8.1% over the forecast period. Growing adoption of computer-aided manufacturing, computer-aided design, laser welding, and laser sintering is expected to augment segment growth.

 

Dental Laboratories Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies Profile & Market Share Insights

Mergers and acquisitions are key sustainable strategies undertaken by market players. For instance, in June 2021, Dentsply Sirona acquired Propel Orthodontics. This acquisition is a critical step in the company's strategy to improve its position in the rapidly expanding clear aligner sector. The acquired product lines are a perfect match for Byte and Sure Smile. Some prominent players in the global dental laboratories market include:

  • Envista Holdings Corporation
  • Dentsply Sirona
  • A-dec Inc.
  • Straumann AG
  • Henry Schein, Inc.
  • Champlain Dental Laboratory, Inc.
  • Knight dental design
  • National Dentex Corporation
  • 3M Health Care
  • Dental Services Group 

 

Order a free sample PDF of the Dental Laboratories Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

Contact:

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Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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