As cited by the research report titled ‘Global Dental Laboratories Market Size study, by Equipment Type (Dental radiology equipment, Lasers, Systems & Part, Hygiene Maintenance Device and Others), by Product (Restorative, Implant, Oral Care and Others) and Regional Forecasts 2021-2027’, available with Market Study Report, global dental laboratories market was worth USD 35.68 billion in 2020 and is projected to grow with a CAGR of 5.60% to accumulate USD 52.25 billion over 2021-2027.
 

Growing geriatric populace with increasing dental disorders, coupled with children suffering from problems related to teeth & gums are the major factors driving the global dental laboratories market growth. Moreover, millennial population showing increasing interest in cosmetic dentistry is augmenting the market outlook.
 

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Additionally, rising expenditure along with technological advancements like digital imagining of teeth, painless tooth procedure, and many more are generating lucrative prospects for the market scenario.
 

As per the Global Burden of Disease study-2017, around 3.5 billion people globally were affected by oral diseases, with the most prevalent ailment being caries of permanent teeth among adults. Severe gum disease that results in tooth loss in extreme cases is also very common, with around 10% population affected by it globally. In high-income countries, dental treatments amount to 5% of overall health expenditure and 20% of out-of-pocket health spending.
 

For the record, dental laboratories are used by dentists for scanning, investing, 3D printing, implanting, casting, and removal of decaying teeth. In these laboratories, the corrective devices are designed and manufactured as per the suggestions of dentists for the restoration of teeth.
 

As cited in the report, high costs of dental implants, surgeries, and equipment is likely to restrain the market progression over the forecast duration.
 

Based on equipment type, worldwide dental laboratories industry is segmented into dental radiology equipment, hygiene maintenance device, systems & parts, dental lasers, and laboratory machines among others. Speaking of product range, the marketplace is divided into restorative, endodontic, orthodontic, oral care, and implant including others.
 

Geographically, Asia Pacific, North America, Europe, and Latin America are major contributors towards the overall industry valuation. Of these, North America market is anticipated to expand lucratively through 2027, on account of higher per capita income, and growing awareness for dental surgeries.
 

Whereas, Asia Pacific industry is projected to exhibit a strong CAGR over 2021-2027, owing to increasing dental disorders, and rising disposable income of people in the region.
 

Prominent players influencing the global dental laboratories industry trends are Modern Dental Laboratory, Straumann Holding AG, Dentsply Sirona Inc., 3M Health Care, Lord's Dental Studio Inc., National Dentex Corporation, Knight Dental Design Ltd., Danaher Corporation, Champlain Dental Laboratory, and A-dec Inc.