The global dental laboratories market is currently witnessing surge in demand for dental prosthetics and other types of restoratives. An establishment or body that carries out specialized procedures pertaining to dental treatment without any direct contact with the dentist or the patient is known as a dental laboratory. Dental laboratories are engaged in developing dental implant crowns, dentures, crowns, and other miscellaneous dental restorations.
The global dental laboratories market is primarily driven by factors like a growing geriatric population, rising demand for better and improved dental aesthetics, and greater purchasing power of the baby boomer generation. Dental technologists and laboratory technicians play a crucial role in the working of dental laboratories. There are strategic contracts between dental laboratories and other bodies that purchase their dental products. These dental products are mainly purchased by various industries, patients, and several pharmaceutical companies.
On the global platform, the largest market for dental laboratories is the United States. The largest share in the global dental laboratories market is held by the US. The dental laboratories market in the US is characterized by outsourcing.
The Growth Drivers and Inhibitors Prevailing in the Global Dental Laboratories Market
Some of the prominent factors that are expected to fuel the global dental laboratories market are the growing population that is increasingly availing dental services, tooth implants, and the introduction of innovative and effective technologies in the field of dentistry like cosmetic dental procedures. Technological innovations enable the operators to bring down the manufacturing costs. This, as a result gives a boost to the demand in the global dental laboratories market.
Moreover, as mentioned earlier the rising geriatric population is also a prominent factor driving the global dental laboratories market. The growing demand for dental services can be owed to the application of computer aided manufacturing, and computer aided design.
The dental laboratories market in the developed countries is witnessing greater health awareness amongst the masses, greater per capital expenditure on health services, and higher demand for improved dental aesthetics. Also, high demand for dental aesthetics is also being observed in the emerging economies as well.
Unaffordable dental surgeries are the main challenges facing the global dental laboratories market. This directly affects the demand in the global dental laboratories market.
North America – Key Player in the Global Dental Laboratories Market
The global dental laboratories market is led by North America since this region is dominated by innumerable domiciled organizations that are engaged in developing and establishing dental laboratories. The National Association of Dental Laboratories situated in North America essentially deals with commercial dental laboratories. Also, North America has several cases of dental problems which is also a prominent factor driving the dental laboratories market in this region. There were several cases of oral cancer reported in the year 2014 in North America. Such a factor not only increases the demand for dental services but also creates enough scope for further research and development in the field of dentistry and dental health.
The North American dental laboratories market is then followed by European dental laboratories market in terms of market share and revenue. Availability of advanced dental care technologies for treating problems like tooth erosion, oral cancer, gum diseases, and the availability of several treatment options are the prime factors that drive the European dental laboratories market.
A common factor driving the global dental laboratories market is the rising geriatric population all across the globe.
An emerging market in the global dental laboratories industry is the Asia Pacific which is driven by high awareness about dental health among the population. Furthermore, it is expected that the dental laboratories market will get a major boost in the forthcoming years due to increasing income levels, and the subsequent rising expenditure by people on dental procedures and surgeries.
Some of the key players operating in the global dental laboratories market include Utah Valley
Dental Lab, Attenborough iDent Dental Lab, National Dentex Corp., 1st Dental Laboratories Plc., Lord’s Dental Studio, Knight Dental Design, Southern Craft Dental Laboratory, Dental Services Group, and Champlain Dental Laboratory.
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