Dental Lab Market by Material ), Equipment, Prosthetics, Dentures) - Global Forecast to 2022

LONDON, Sept. 14, 2017 /PRNewswire/ -- "The global dental laboratories market is projected to grow at a CAGR of 5.8%."
The global dental laboratories market is projected to reach USD 43.08 billion by 2022 from USD 32.56 billion in 2017, at a CAGR of 5.8% during the forecast period. The growth of this market is mainly attributed to increasing edentulism, rapid rise in oral diseases, growing dental tourism in emerging countries, and the increased outsourcing of dental prosthetic manufacturing to dental labs. However, the high cost of the dental equipment and materials is expected to hinder the growth of this market to a certain extent.

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"The ceramics segment is expected to grow at the fastest rate during the forecast period."
By indirect restorative material, the global dental laboratories market is segmented into metal ceramics, ceramics, and other indirect restorative materials, such as cast-gold (high noble) alloys and base metal (non-noble) alloys. The ceramics segment is expected to register the highest CAGR during the forecast period as the color and translucency of ceramics mimic the natural tooth appearance. This quality is expected to increase its adoption during the forecast period.

"Milling equipment dominated the dental laboratories equipment market in 2016."
By equipment, the dental laboratories market is segmented into articulators, furnaces, scanners, and milling equipment. In 2016, the milling equipment segment accounted for the major share of the global dental laboratories market, a trend that is likely to continue during the forecast period. This is primarily due to increasing use of digital manufacturing processes in dentistry and the increasing demand for fabricating or customizing restoration models in a cost-effective manner.

"The dentures segment to witness the highest growth during the forecast period."
On the basis of prosthetic type, the dental laboratories market is segmented into crowns, dentures and bridges. The dentures segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is primarily attributed to its advantages such as improved mastication or chewing ability, better aesthetics by providing a natural appearance to the face, and improved pronunciation by replacing missing teeth.

"APAC to witness the highest growth during the forecast period."
Geographically, the global dental laboratories market is broadly segmented into five major geographies, namely, North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa. In 2016, Europe commanded a major share of the global dental laboratories market. However, APAC is expected to witness the highest growth during the forecast period. The significant growth of the APAC market is mainly attributed to the rising geriatric population, growing dental tourism, increase in the number of dental laboratories, and increasing outsourcing of various manufacturing services in the region.

Break of primary participants was as mentioned below:
• By Company Size – Tier 1–46%, Tier 2–33% and Tier 3–21%
• By Designation Level – C-level–43%, D-Level–35%, Others–22%
• By Region – North America–30%, Europe–30%, Asia-Pacific–24%, Latin America–14%, Middle East and Africa–4%
Some of the prominent players in the dental laboratories devices market include DENTSPLY SIRONA Inc. (US), Danaher Corporation (US), 3M Company (US), Zimmer Biomet Holdings, Inc. (US), Ultradent Products, Inc. (US), GC Corporation (Japan), Mitsui Chemicals, Inc. (Japan), Planmeca Oy (Finland), BEGO GmbH & Co. KG (Germany), Septodont Holding (France), Ivoclar Vivadent AG (Liechtenstein), VOCO GmbH (Germany), VITA Zahnfabrik H. Rauter GmbH & Co. (Germany) Kuraray Noritake Dental, Inc. (Japan), and Shofu Inc. (Japan).

Research Coverage:
The report aims at estimating the market size and future growth potential of the dental laboratories market for different segments such as indirect restorative material, equipment, prosthetic type, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and market strategies.

Reasons to Buy the Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms to garner greater market shares. Firms purchasing the report could use any one or combination of the below-mentioned five strategies for strengthening their market position.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the dental laboratories market
• Product Development/Innovation: Detailed insights on the upcoming trends, research and development activities, and product launches on the dental laboratories market
• Market Development: Comprehensive information about lucrative emerging markets by indirect restorative material, equipment, prosthetic type, and region
• Market Diversification: Exhaustive information about new products, growing geographies, recent developments, and investments in the dental laboratories market
• Competitive Assessment: In-depth assessment of growth strategies, products, and manufacturing capabilities of leading players in the dental laboratories market

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