Dental Laboratories Industry Future Growth Dynamics

Major Growth Boosting Factors:

The growth of this market is primarily driven by factors such as rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, development of technologically advanced solutions, growing dental tourism in the emerging markets, rising incidence of dental caries and other periodontal diseases, and the increasing number of dental laboratories investing in CAD/CAM technologies. The growing demand for cosmetic dental procedures indicates strong growth opportunities.

Factors Which May Hinder Growth:

On the other hand, the high cost of dental materials and equipment, the increasing cost of dental surgery, and the lack of access to medical reimbursement policies are major factors expected to restrain the market growth. Pricing pressures faced by prominent market players and a dearth of skilled professionals are major market challenges.

Global Industry Growth Prediction:

The global dental laboratories market is estimated to grow at a CAGR of 5.9% during the forecast period. The market is projected to reach USD 46.5 billion by 2027 from USD 35.0 billion in 2022.

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Global Dental Laboratories Market Segmentation:

The dental laboratories market, by material, includes only indirect restorative materials, which accounted for 65.3% of the overall dental laboratories market in 2021. This market segment is projected to reach USD 4,963.6 million by 2027 from USD 3,635.2 million in 2022 at a CAGR of 6.4% during the forecast period. Based on (indirect restorative) material, the dental laboratories market is segmented into metal-ceramics, traditional-all ceramics, CAD/CAM materials, plastics, and metals.

Based on equipment, the dental laboratories market is segmented into 3D printing systems, integrated CAD/CAM systems, articulators, furnaces, scanners, milling equipment, and others. The rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, development of technologically advanced solutions, growing dental tourism in emerging markets, rising incidence of dental caries and other periodontal diseases, and increasing outsourcing of customization, digitalization of laboratories, increasing adoption of 3D printing systems, and the increasing number of dental laboratories investing in CAD/CAM technologies drive the growth of the equipment market.

Prosthetic dentistry involves diagnosing and treating infected teeth and reconstructing missing teeth, using crowns, bridges, dentures, veneers, clear aligners, and inlays & onlays. Dental prosthetics offer a more permanent solution than endodontic treatments. The rising edentulous population drives the growth of this market segment.

According to the WHO, globally, ~30% of individuals aged 65–74 years are edentulous. This huge consumer base provides strong growth opportunities for dental prosthetics in the dental laboratories market. In addition, the introduction of technologies such as CAD/CAM has significantly improved dentistry procedures. This is another major factor supporting the market for various dental prosthetics.

Geographical Growth Dynamics:

The global dental laboratories market is segmented into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2021, Europe accounted for the largest share of 32.5% of the global dental laboratories market, followed by North America (31.4%), the Asia Pacific (30.2%), Latin America (4.7%), and the Middle East and Africa (1.1%). The Latin American market is expected to grow at the highest CAGR during the forecast period due to the rapid growth in the geriatric population, the increased outsourcing of prosthesis manufacturing, rising disposable incomes, and growing dental tourism.

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