Dental Laboratory Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Dental Crown And Bridge, Dentures, Ceramics, Implants), By Equipment (Dental Milling Equipment, Dental Articulators, Dental Scanners), And By Geography - Forecasts From 2021 To 2026

The dental laboratory market is projected to grow at a CAGR of 5.05% during the forecast period to reach US$36.460 billion by 2026 from US$25.825 billion in 2019. 

The increasing proportion of the geriatric population in the global demography is calculated to be the prime reason driving the market demand for the dental laboratory industry. The aged population demands implants, ceramics, and other products in replacement of teeth lost due to age, diseases, and other disorders. A rising proportion of this population is hence projected to drive market growth. Another key factor adding to the market size is children and adults. Increasing consumption of junk food has led to an increase in oral health problems in the latter category. Rising oral problems will hence drive market growth. Surging government expenditure in the healthcare sector will also support the market during the forecasted period.

The rising consumption of junk food has severely affected the oral health of children and adults.

Adults and children have a significant market share in the global dental laboratory market. Rising consumption of junk food and fast food has increased the starch, sugar, and carbonate intake which severely affects oral health. carbonated beverages are clinically proven to damage the enamel and are noxious for teeth and oral health. Starch in food sticks to teeth and is linked with many gum diseases. Junk food is also researched to cause plaque and tartar as it supports bacteria settlement and growth on teeth.

Growing complex lifestyles and increasingly hectic work culture have significantly surged the consumption of junk food and fast food among adults and children. Adults in particular, who are working, tend to skip cooking and order junk or fast food to save time, which has surged starch and carbonate consumption. Further, the rise in home delivery services and an increasing number of food aggregates have supported the junk and fast food market growth. Convenience delivery has encouraged consumption of this food and is forecasted to grow at a quadruple rate during the studied period. Rising consumption is expected to increase oral health problems which will drive the industry growth.  

Increasing penetration of beauty standards has inculcated the concept of a perfect smile, changing the market trends in favor of the industry. Rising beauty consciousness has increased customers' expenditure on beauty operations which also includes teeth structure. Growing disposable income has supported the sustainment of these expenditures, driving the market growth.

The growing geriatric population at a significant rate is estimated to be the prime reason that will drive the market growth during the forecasted period.

The prime reason driving the market growth of the global dental laboratory market is the surging proportion of the aged population in the overall population demography. As calculated by the United Nations, the number of people aged 65 years and above was 703 million in 2019, which accounts for roughly 9% of the global population. However, the organization estimates that this proportion will increase from 15.79% to 1.5 billion by 2050. The rising proportion of the aged population is reckoned to increase the demand for dental laboratory equipment owing to rising aged-linked oral problems.

The Asia Pacific and European dental laboratory market will hold a significant share of the dental laboratory industry during the forecasted period.

The report also covers a detailed regional analysis, dividing the dental laboratory market into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. During the forecasted period, the Asia Pacific and European dental laboratory markets are anticipated to hold a significant share owing to the rising aged population, particularly in Japan, Italy, Germany, Greece, Portugal, and South Korea.  

Japan and Italy are projected to dominate the market of the dental laboratory during the forecasted period. However, South Korea is reckoned to have the potential to surpass them in the long term.

As per the data provided by the World Bank, Japan and Italy are observed to have the highest proportion of the aged population, globally, which is estimated to increase at. Particularly, in Japan, where this proportion of the population is growing at a quadruple rate. The prime reasons for increasing this proportion are the low fertility rate coupled with the decreasing population, which has resulted in a surge in the geriatric population in Japan demography from 28.002% in 2019. The growing aged population has significantly increased the demand for dental equipment for better health. Italy depicts similar trends in its population demography. Greece, Portugal, Germany, and France are other European nations that follow similar population trends and hence are anticipated to increase the regional market share in the global industry during the forecasted period.

COVID-19 Pandemic Impact.

The coronavirus pandemic negatively impacted the dental laboratory market. In fear of catching the virus from a hospital or a clinic, patients reduced their hospital/ clinic visits if they were not urgent, which significantly reduced the market.  

Key Market Segments

• By Type
  • Dental Crown and Bridge
  • Dentures
  • Ceramics
  • Implants
• By Equipment
  • Dental Milling Equipment
  • Dental Articulators
  • Dental Scanners
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others