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High Prevalence of Dental Caries Worldwide Boosts Dental Laboratories Market

Article Description

Dental laboratories make use of technology, art, and science to design and manufacture replacements of natural teeth. Dental laboratories conduct research and development into various products such as caps, veneers, crowns, orthodontic splints, and bridges necessary for straightening and protecting the teeth of a patient. The dental industry has witnessed growth in the past few years owing to the developments and innovations of new materials. Moreover, dental caries are extensively prevalent in high income countries such as the U.S, where dental issues affect 60%-90% of the school going children and a large number of adults. This is leading to a growth in the global dental laboratories market. The implementation of the Affordable Care Act in the country is also benefitting the market. 

The demand for dental clinics or laboratories is majorly driven by easy access, better treatment, and less waiting period. According to The American Association of Oral and Maxillofacial Surgeons, 69% people between 35 and 44 years of age have lost at least one permanent tooth to an accident, tooth decay, gum disease, or failed root canal. This is fueling the demand for dental laboratories. Furthermore, three out of four persons in Canada visit a dental clinic, which is ensuring the market’s continued success.

Burden of Expenses Hampers Profitability of Dental Laboratories

Operating a dental laboratory requires the owner to pay for hygienists, office managers, receptionists, pay for rent or mortgage, and taxes. In all, around 40%-60% of the total earning of a dentist, goes towards the expenses of running a modern dental practice. Increased competition and restricted geographical reach are some of the other factors restraining the market and causing dental laboratories to shut down.

The introduction and use of CAD/CAM technology, however, is expected have a positive effect on the dental laboratories market, by reducing the design and manufacturing time for dental prosthesis such as bridges and crowns. Additionally, the process of patient diagnosis and procedure planning has greatly improved due to 3D imaging techniques. Such use of advanced technology will have a positive impact on the dental laboratories market.

Asia Pacific to Witness Significant Growth in the Dental Laboratories Market

In 2014, the dental laboratories market was dominated by Europe and closely followed by North America. The rising focus on delivery of preventive treatment and enhanced education towards various dental procedures and artificial dental products has led to the growth of the market in the region. However, Asia Pacific is expected to outperform all other regions during the period from 2015 to 2023. An increase in the number of laboratories in Asia Pacific and the rising trend of dental tourism are behind the region’s growth in the global market. The rising exports of dental crowns, bridges, periodontics, implants, and orthodontic from countries such as China and India are also expected to fuel the dental laboratories market in Asia Pacific.

Browse Full Global Dental Laboratories Market Report with TOC :

The leading companies operating in the dental laboratories market are: Keating Dental Arts, 3M Health Care, Henry Schein, Inc., Dentcare Dental Lab, Institut Straumann AG, National Dentex Corporation, Modern Dental Laboratory Co., Ltd., Danaher Corporation, Sirona Dental Systems, and Patterson Companies, Inc.