A rise in the demand for cosmetic dental procedures coupled with expanding pool of geriatric population is expected to propel growth of the global dental laboratories market. In accordance to an article by the United Nations, nearly 13 % of the total population of the world is likely to fall under the category of elderly people. The article also mentioned that the elderly population will increase by 3 % every year. Such rise in the number of elderly population is estimated to boost the global dental laboratories market over the period of review, from 2015 to 2023.
Elderly people are often faced with poor cognitive health, which makes management of self-care, medication, and medical conditions difficult for them. This is likely to lead to the growth of the global dental laboratories market in the years to come.
The leading companies that have been profiled in the global dental laboratories market are Dentcare Dental Lab, Modern Dental Laboratory Co., Ltd, Sirona Dental Systems, National Dentex Corporation, Keating Dental Arts, and Institut Straumann AG.
The global dental laboratories market is likely to rise at a robust CAGR over the tenure of assessment, from 2015 to 2023.
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High Prevalence of Dental Diseases to Bolster its Demand in the Market
Dental caries is considered one of the most widely prevailing chronic disease across the globe and it needs treatment. High prevalence of dental diseases is likely to drive the global dental laboratories market. Dental caries is multifactorial condition, which attacks countless people across the globe. The treatments for diseases such as this are done at dental clinics where devices and instruments available for the treatment of such diseases. Dental labs have licensed doctors who are capable of making dental prostheses such as dental restorations, orthodontic appliances, crowns, bridges, and fixed or removable dentures. These processes help in the treatment of patients suffering from teeth-related problems. Of late, efforts are made to develop biomolecular coatings to derive good osseointegration results.
An increased prevalence of various dental disorders such as tooth decay, periodontal diseases, and edentulism are estimated to support growth of the global dental laboratories market in years to come. Consumption of tobacco, poor eating habits, improper dental care, old age, and birth defects leads to various dental disorders. Increasing incidences of dental disorders are calling for treatments like tooth clean-ups, root-canal treatments, and dental prosthetic procedures. Procedures such as these are performed in dental laboratories or dental clinics. This factor is likely to widen the scope of growth for the global dental laboratories market in the years to come.
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The global dental laboratories market is also driven by technological progress made in dental laboratory. Use of hydroxyapatite coatings and bone morphogenic proteins as implant materials leads to painless procedures, faster recovery, and diminished chair time.
In addition to that, introduction of advanced imaging techniques like Computer Aided Manufacturing (CAM) and Computer Aided Design (CAD) has further helped in the handling and planning of complex procedures. 3D imaging of dental implants like bridges, crowns, and implants results in better and clearer diagnosis of patients.
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Growing Popularity of Dental Tourism Drives Asia Pacific Market
In the global dental laboratories market, Europe is estimated to account for a large chunk of the market. The Asia Pacific region is likely to observe a very high rate of growth over the period of review, from 2015 to 2023. The growth of Asia Pacific is expected to be driven by the growth of the ageing population who are suffering from some form of dental disease or the other.
In addition, countries like Thailand, India have emerged as a popular spot for dental tourism, which is likely to support growth of the dental laboratories market in Asia Pacific over the period of review. Rise in the number of dental laboratories together with increased outsourcing of different manufacturing services in the Asia Pacific is expected to widen scope growth for the regional market.
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