Dental Laboratories Market: Major Industry Key Players Include Danaher, Zimmer Biomet, 3M, BEGO GmbH & Co. KG, Ultradent Products Inc

According to The Insight Partners market research titled ' Dental Laboratories Market to 2027 - Global Analysis and Forecasts by Material, Equipment, Prosthetics and Application.' The global dental laboratories market is expected to reach US$ 54,008.10 Mn in 2027 from US$ 33,264.24 Mn in 2018. The market is projected to grow with a CAGR of 5.7% from 2019-2027. The report provides trends prevailing in the global dental laboratories market and the factors driving the market and also the factors that act as hindrances.

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The key players influencing the market are:

Dentsply Sirona
Danaher
Zimmer Biomet
3M
BEGO GmbH & Co. KG
Ultradent Products Inc
GC Corporation
Mitsui Chemicals, Inc.
PLANMECA OY
Ivoclar Vivadent AG.

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Life Science, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Dental Laboratories Market globally. This report on 'Dental Laboratories Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

The global dental laboratories market, based on the equipment, was segmented into dental milling equipment, dental articulators, furnaces, dental scanners. In 2018, the dental milling equipment segment accounted for the largest market share in the global dental laboratories market by equipment. A milling machine can be used for functions of dentistry, and sometimes these are integrated with a computer-aided design and manufacturing system, which makes the dental prosthetic product very accurate. Owing to the above mentioned factors, the market is anticipated to fuel the growth of the segment at a significant rate during the forecast period.

Market Insights

Tooth loss is the prime indication of visiting a dentist to restore the tooth. Various factors lead to tooth loss, which includes aging, accidental injuries in the jawline, tooth decaying, or other related diseases. Tooth loss affects the beauty of the smile and mental status of a person in their adolescent health. In a broad spectrum, the survey conducted by the National Health Services, it is stated that the prevalence of both partial and total tooth loss in adults and seniors has decreased since the early 1970s. The development in dental science has led to various restoration techniques that have enabled to make a person smile again through esthetic. However, there are various people across the world who are not able to access dental treatment. The significant disparities in the various rural areas of the world cannot access dental care due to various factors. Hence, the majority of the patients across the world suffer from tooth loss due to some key factors such as tooth decay, periodontal diseases, injuries, accidents, and others.

Although tooth loss remains the major factor among the aging population across the world, as per the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth. Additionally, 40 million people on an average in the United States are missing all of their teeth. The ACP estimates that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. Similarly, according to a Brazilian study published in the International Journal of Dentistry, the major reasons responsible for implantation procedures in Brazil were cavities (38.4%), periodontal diseases (32.2%), eruption problems (6.4%), orthodontics (5.7%), prosthetics (3.6%), injury/trauma (2.6%), occlusal problems (1.1%), and others (9%).

Technological Developments in Restorative Dentistry

Restorative dentistry is effective teeth and mouth care solution that benefits overall oral health, specifically facial appearance. New dental implant technology allows dentists to insert implants through minimally invasive surgeries and incorporate advanced navigation and monitoring technologies. However, conventional dental implants are one of the greatest inventions in dentistry in recent years. The dental implant procedure may not be ideal for everybody. However, dental technology has now improved implantation procedures with the help of innovative products such as mini-implants, dentures, and other prosthetics.

Strategic Insights

Growth strategies such as product launch have been significantly witnessed in the dental laboratories market, which has helped the company to strengthen its customer base. For instance, in October 2016, Ivoclar Vivadent introduced Cention N, which is an affordable, metal-free filling material that meets the demand for mercury-free restorations.

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