San Francisco, 27 January 2030: The Report Dental Laboratories Market Size, Share & Trends Analysis Report By Product (Restorative), Material (Metal-Ceramic), By Equipment (3D Printing Systems), By Prosthetic Type (Crowns), By Region, And Segment Forecasts, 2024 - 2030
The global dental laboratories market size is expected to reach USD 33.16 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% from 2024 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.
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Increasing demand for cosmetic dental procedures and the growing geriatric population are among the factors anticipated to fuel market growth. According to World Population Aging, the number of aged people is anticipated to double to 1.6 billion by 2050. This is anticipated to propel the growth in the coming years.
Dental Laboratories Market Report Highlights
- Oral care segment led the market and accounted for 27.67% of global revenue in 2023. 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.
- Metal ceramics segment led the dental laboratories market and accounted for 56.59% of global revenue in 2023.
- Crowns segment led the market and accounted for 35.53% of global revenue in 2023, due to their widespread use in restorative dentistry. Crowns are custom-made caps that cover a damaged or decayed tooth, restoring its shape, size, strength, and appearance.
- North America region led the market and accounted for 38.04% of global revenue in 2023 owing to well-established healthcare infrastructure, high healthcare expenditure, an increase in the prevalence of dental diseases, a surge in the number of oral procedures in the region, and high awareness regarding oral health.
The swift progress in dental laboratory technologies, exemplified by innovations like the incorporation of bone morphogenic proteins and hydroxyapatite coatings in implant materials, has significantly transformed oral procedures. These advancements contribute to reduced chair time, faster healing, and more comfortable experiences for patients. Additionally, the integration of sophisticated imaging techniques such as Computer-aided Design (CAD) and Computer-aided Manufacturing (CAM) has revolutionized the planning and execution of intricate oral procedures. The utilization of these advanced imaging technologies enables precise 3D visualization of dental implants, crowns, and bridges, enhancing the accuracy of patient diagnoses and improving overall treatment outcomes.
Periodontal disease and dental caries stand as the most widespread oral health issues globally, affecting over half of the world's population. Governments of various countries and organizations, such as WHO, are undertaking initiatives to improve oral health across the globe. For instance, in 2024, oral health was included in the political declaration on universal health coverage. Member states of the UN, with the support of WHO, developed strategies to improve oral health in Africa, East Mediterranean, Southeast Asia, and Western Pacific regions.
Dental Laboratories Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 22.96 billion |
Revenue forecast in 2030 | USD 33.16 billion |
Growth rate | CAGR of 6.3% from 2024 to 2030 |
Actual data | 2018 - 2023 |
Forecast period | 2024 - 2030 |
The surge in celebrities and social media influencers flaunting flawless smiles on various platforms has sparked a global demand for aesthetic appeal in dentistry. Notably, the American Academy of Cosmetic Dentistry reports that an overwhelming 99.7% of individuals consider their smile a crucial social asset, with nearly 84% feeling heightened pressure to attain a perfect smile. This phenomenon has led to a substantial increase in the number of celebrities and adults actively seeking orthodontic treatment. The heightened demand for aesthetic oral solutions has, in turn, driven the development of a diverse array of techniques and procedures tailored to meet the specific needs and desires of patients. Consequently, this trend has become a significant catalyst for the growth of the market, with a particular focus on cosmetic and aesthetic dentistry.