The global Dental Laboratory Equipment Market is projected to grow at a CAGR of 7.2% from 2024 to 2031. The market value is expected to rise from USD XX billion in 2024 to USD YY billion by 2031.
North America currently dominates the market, with key metrics indicating strong adoption across various dental care segments. The market is experiencing steady growth driven by increasing prevalence of dental disorders, technological advancements in dental equipment, growing demand for cosmetic dentistry, and rising geriatric population.
Market Trend: Adoption of CAD/CAM technology in dental laboratories
The adoption of computer-aided design and manufacturing (CAD/CAM) technology is becoming a prominent trend in the dental laboratory equipment industry. This technology allows dental technicians to design and fabricate high-quality dental restorations, such as crowns, bridges, and implants, with increased accuracy and efficiency. The global dental CAD/CAM market is predicted to increase at an 8.9% CAGR between 2024 and 2031, demonstrating that this technology is rapidly gaining traction. CAD/CAM systems not only improve the quality of dental restorations, but they also cut production time and increase uniformity, making them popular in dental laboratories around the world.
Market Driver: Increasing prevalence of dental disorders and growing geriatric population
The increased prevalence of dental problems, combined with an increasing elderly population, is a primary driver of the dental laboratory equipment market. According to the World Health Organisation, around 3.5 billion people worldwide suffer from oral disorders, with dental caries being the most frequent. Furthermore, the global population aged 65 and up is projected to reach 1.5 billion by 2050, roughly tripling from 703 million in 2019. This demographic trend is relevant since older persons are more likely to need dental prostheses and restorations. For example, it is predicted that over 30% of adults aged 65 to 74 lack natural teeth, necessitating the use of dentures or implants. These causes all contribute to the growing need for dental laboratory equipment in a variety of areas.
Market Restraint: High cost of advanced dental laboratory equipment and lack of skilled technicians
Despite rising demand, the high cost of innovative dental laboratory equipment and a scarcity of experienced dental technicians remain significant barriers to market expansion. Advanced technology like 3D printers, CAD/CAM systems, and dental scanners can be costly, with prices ranging from $20,000 to more than $100,000 for a whole system. This hefty initial expenditure can be prohibitive for small dental laboratories, especially in poor countries. Furthermore, the operation of these modern systems necessitates specialised expertise, and there is a global shortage of qualified dental technicians. For example, in the United States, the Bureau of Labour Statistics predicts just a 2% increase in dental laboratory technician positions from 2020 to 2030, which is slower than the average for all occupations and may hinder the adoption of modern dental laboratory technology.
Dental Milling Equipment dominates the Dental Laboratory Equipment Market:
The Dental Milling Equipment sector currently dominates the dental laboratory equipment market, owing to its adaptability in generating a wide range of dental restorations like as crowns, bridges, and implant abutments. Dental milling machines provide excellent precision and efficiency for constructing dental prosthesis, making them an indispensable equipment in modern dentistry laboratories.
Recent industrial developments have strengthened the segment's position. For example, the development of 5-axis milling machines has increased dental laboratories' capabilities, allowing them to produce more complicated and precise dental restorations. Furthermore, advances in milling materials, including as zirconia and lithium disilicate, have enhanced the quality and appearance of milled dental prosthesis.
The global dental milling equipment market was valued at over $2.3 billion in 2023 and is predicted to rise at an 8.5% CAGR until 2031. Factors contributing to this trend include increased demand for customised dental restorations, the use of digital dentistry processes, and the rising prevalence of dental problems.
Furthermore, incorporating artificial intelligence and machine learning into dental milling systems improves the automation and efficiency of the milling process. This trend is likely to generate more growth in the dental milling equipment industry, as it increases productivity and allows dental laboratories to manage larger amounts of work.
North America leads the Dental Laboratory Equipment Market:
North America currently dominates the worldwide dental laboratory equipment market, because to its sophisticated healthcare infrastructure, rapid acceptance of innovative dental technologies, and strong presence of important industry participants. The United States, with its high awareness of oral health and well-established dental care infrastructure, leads the region.
North America's supremacy can be ascribed to a number of causes, including a high prevalence of dental problems, rising demand for cosmetic dentistry, and large investments in dental R&D. The region has also been in the forefront of implementing digital dental technologies, which has contributed to market growth.
According to our recent report, the major dental equipment manufacturers in North America are focussing more on providing integrated digital solutions for dental laboratories. For example, the implementation of end-to-end digital workflows that seamlessly combine intraoral scanning, design, and production processes is predicted to increase regional adoption of sophisticated dental laboratory equipment.
Key statistics demonstrate North America's market leadership:
The United States accounts for over ~37% of the global dental laboratory equipment market share.
The number of dental laboratories in the United States that have adopted full digital workflows has increased by 25% year on year in 2023.
In terms of nation-specific trends, Canada has announced steps to expand access to dental care for marginalised communities, which are projected to increase demand for dental laboratory equipment in the country. Furthermore, the growing trend of dental tourism in Mexico is helping to boost the region's market growth by attracting patients from the United States and Canada looking for more cheap dental care.
The dental laboratory equipment market is characterised by fierce competition among prominent competitors, with each attempting to innovate and gain market dominance. Leading corporations are strengthening their market positions through technical innovations, strategic collaborations, and mergers and acquisitions.
Major market companies have made significant investments in research and development to improve equipment performance, increase user friendliness, and broaden their product portfolios. For example, several businesses have made great strides in building "smart" dental laboratory equipment that can interact with digital processes and provide predictive maintenance capabilities.
In terms of market share, the top five competitors control almost 60% of the global dental laboratory equipment market. These companies have built robust distribution networks and agreements with dental laboratories around the world, ensuring that their products reach a large number of customers.
According to recent financial reports, the main players' dental laboratory equipment segments experienced an average revenue rise of 6-8% over the previous year. This expansion is due to rising demand for digital dentistry solutions and the implementation of modern production technologies in dental laboratories.
Looking ahead, the competitive landscape is anticipated to change with the arrival of new companies, particularly from emerging markets. Furthermore, collaborations between dental equipment makers and technology companies are projected to stimulate innovation and open up new market prospects, particularly in the fields of AI-powered design software and 3D printing for dental applications.
The dental laboratory equipment market is expected to grow significantly in the future years, driven by technical improvements and an increased emphasis on digital dentistry. One unique development to monitor is the use of artificial intelligence (AI) and machine learning into dentistry laboratory equipment. AI-powered design software and automated quality control systems are predicted to transform dental laboratory workflows by increasing accuracy, lowering manufacturing times, and improving overall efficiency.
Another important development is the increased emphasis on sustainable and environmentally friendly dental laboratory operations. As environmental concerns grow, manufacturers are looking at energy-saving equipment designs and recyclable materials for dental restorations. This shift towards sustainability may provide new market opportunities and appeal to environmentally conscious dental professionals and patients.
The market is also expected to see more usage of additive manufacturing technologies, particularly 3D printing, for dental applications. These technologies allow for the very precise and customisable fabrication of complex dental structures, possibly upsetting standard dental laboratory manufacturing procedures.
Dentsply Sirona Inc.
Planmeca Oy
Ivoclar Vivadent AG
3M Company
Amann Girrbach AG
A-dec Inc.
Roland DG Corporation
Zimmer Biomet Holdings, Inc.
Straumann Holding AG
3Shape A/S
A renowned dental equipment company will launch an AI-powered dental design software in September 2023, with the goal of expediting the dental restoration design process.
February 2024: A prominent market player launches a new high-speed dental 3D printer with improved material compatibility.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium)
5. COMPANY PROFILES
5.1. Dentsply Sirona Inc.
5.2. Planmeca Oy
5.3. Ivoclar Vivadent AG
5.4. 3M Company
5.5. Amann Girrbach AG
5.6. A-dec Inc.
5.7. Roland DG Corporation
5.8. Zimmer Biomet Holdings, Inc.
5.9. Straumann Holding AG
5.10. 3Shape A/S (LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Adoption of CAD/CAM technology in dental laboratories
6.1.2. Integration of AI and machine learning in dental laboratory equipment
6.1.3. Growing focus on sustainable and eco-friendly dental laboratory practices
6.2. Market Drivers
6.2.1. Increasing prevalence of dental disorders and growing geriatric population
6.2.2. Technological advancements in dental equipment
6.2.3. Growing demand for cosmetic dentistry
6.3. Market Restraints
6.3.1. High cost of advanced dental laboratory equipment and lack of skilled technicians
6.3.2. Regulatory challenges and compliance issues
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY PRODUCT TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
7.1. Dental Milling Equipment
7.2. Dental Scanners
7.3. Furnaces
7.4. Dental Articulator
7.5. Dental Lasers
8. BY MATERIAL (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
8.1. Metal-Ceramics
8.2. Ceramics
8.3. Others
9. BY END-USER (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
9.1. Hospitals
9.2. Dental Laboratories
9.3. Dental Clinics
10. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
10.1. North America
10.1.1. United States
10.1.2. Canada
10.1.3. Mexico
10.2. South America
10.2.1. Brazil
10.2.2. Argentina
10.2.3. Rest of South America
10.3. Europe
10.3.1. Germany
10.3.2. United Kingdom
10.3.3. France
10.3.4. Italy
10.3.5. Spain
10.3.6. Russia
10.3.7. Rest of Europe
10.4. Asia-Pacific
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. Australia
10.4.5. South Korea
10.4.6. Rest of Asia-Pacific
10.5. Middle-East
10.5.1. UAE
10.5.2. Saudi Arabia
10.5.3. Turkey
10.5.4. Rest of Middle East
10.6. Africa
10.6.1. South Africa
10.6.2. Egypt
10.6.3. Rest of Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
By Product Type:
Dental Milling Equipment
Dental Scanners
Furnaces
Dental Articulator
Dental Lasers
By Material:
Metal-Ceramics
Ceramics
Others
By End-User:
Hospitals
Dental Laboratories
Dental Clinics
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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