Dental Laboratories Market - This is How Key Players Have the Hold on Global Market

Posted June 17, 2022 by mmvaidya

Dentsply Sirona (US) and Envista Holdings Corporation (US) are Leading Players in the Dental Laboratories Market
Global Market Growth Dynamics:

The growth of Dental Laboratories Market is primarily driven by factors such as rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, development of technologically advanced solutions, growing dental tourism in the emerging markets, rising incidence of dental caries and other periodontal diseases, increasing outsourcing of customization, and the increasing number of dental laboratories investing in CAD/CAM technologies.

Recent Developments:

# In October 2021, Amann Girrbach Ag (Austria) extended its partnership; the CAD/CAM material portfolio will be expanded to include blocks from Ivoclar Vivadent. The objective of the cooperation was to integrate materials characterized by an efficient processing workflow and high esthetics.

# In September 2021, Straumann Group (Switzerland) partnered with Aspen Dental to provide implant abutments, CAD/CAM options, and solutions to various offices across the US.

# In July 2021, Ivoclar Vivadent (Liechtenstein) entered a strategic partnership with exocad GmbH (exocad), an Align Technology, Inc. (US) company, to develop a digital platform that provides dental laboratories with innovative solutions that enable them to expand their digital workflows and increase lab work efficiency.

Expected Revenue Surge During Forecast Period:

The global dental laboratories market is estimated to grow at a CAGR of 5.9 % during the forecast period. The market is projected to reach USD 46.5 billion by 2027 from USD 35.0 billion in 2022.

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Key Players:

Prominent players in the dental laboratories market are Dentsply Sirona, Inc. (US), Envista Holdings Corporation (US), 3M Company (US), GC Corporation (Japan), Mitsui Chemicals (Japan), Planmeca Group (Finland), BEGO GmbH & Co, KG (Germany), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), Shofu Dental Corporation (Japan), VITA Zahnfabrik H. Rauter GmbH & Co. KG (Germany), Kuraray Noritake Dental Inc. (Japan), Amann Girrbach AG (Austria), Schütz Dental GmbH (Germany), Nakanishi Inc. (Japan), COLTENE Holding AG (Switzerland), Institut Straumann AG (Switzerland), A-dec Inc. (US). Stratasys (US and Israel), 3D Systems (US), Formlabs (US), Roland DG Corporation (Japan), SHINING 3D (US), and Zirkonzahn (US).

More About the Key Players:

Dentsply Sirona (US) held the leading position in the dental laboratories market in 2021. The merger of DENTSPLY International and Sirona Dental Systems is one of the major mergers in the dental industry. With Sirona completely dedicated to equipment and DENTSPLY majorly to dental consumables, the merger resulted in the formation of Dentsply Sirona, which operates in more than 40 countries. The broad dental equipment portfolio of the company includes CAD/CAM systems, materials, imaging systems, and dental specialty products for endodontics, orthodontics, and implants.

Envista Holdings Corporation (US) is the second leading company in the dental laboratories market. Envista manufactures dental products that enable dental professionals to deliver better quality services. The company’s Ormco Corporation division provides innovative aesthetic products, and the KavoKerr division has an extensive product portfolio for the dental laboratories market. The company emphasizes product development, product launches, and commercial investment. Investment in sales organizations, especially within the company’s implant business and emerging markets, has proved critical to the growth strategy.

Ivoclar Vivadent (Liechtenstein) is one of the leading players in the dental laboratories market. The company has a broad product portfolio in the indirect restorative materials and lab side equipment markets, an important factor for its future growth. The company primarily focuses on organic and inorganic strategies such as new product launches and partnerships to maintain its position in the market. For instance, in April 2021 and March 2018, the company launched Press and ceramic furnaces and Tetric CAD Composites Blocks respectively. In December 2019, the company partnered with Henry Schein Inc. (US) to distribute the new PrograMill One Milling System.

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Issued By Makarand Vaidya
Country United States
Categories Industry , Medical , News
Tags dental laboratories , dental laboratories market
Last Updated June 17, 2022