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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