Albany, NY -- (SBWIRE) -- 06/25/2014 -- Dental Laboratories Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019
Dental laboratories perform technical procedures related to dental treatment without any direct involvement of the dentists and patients. These laboratories manufacture and customize variety of dental products like dentures, bridges, crowns and others. Dental laboratories comprises of various dental technicians like laboratory technicians, dental technologist, dental ceramics and others. These laboratories have strategic contracts with patients and many pharmaceutical and other industries that purchase their dental materials.
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Increasing population that uses dental services will drive the growth of dental laboratories market. In addition, introduction of advanced technologies such as cosmetic procedures and tooth implants will drive the growth of dental laboratories market. Technological advancements allow operators to cut down manufacturing cost that will further augment the growth of dental laboratories market. Furthermore, rising geriatric population globally that demands the services from dental industry will drive the growth of dental laboratories market. Incorporation of computer aided design (CAD) and computer aided manufacturing (CAM) further stimulates the demand of dental services and hence drives the market growth of dental laboratories. In addition, the market of dental laboratories is witnessing positive growth due to increasing demand for better dental aesthetics, rising per capita spending across developed countries and healthcare awareness among patient population. However, economic pressure will pose significant difficulties for the patients to afford high priced dental surgeries that restrain the market of dental laboratories.
Geographically, North America is considered to be the largest market of dental laboratories owing to increasing efforts of various domiciled organizations for the development of dental laboratories field. For example, National Association of Dental Laboratories (NADL) is a national trade association based in North America. This association is engaged in businesses involved in commercial dental laboratories. In addition, increasing number of dental problems in North America ultimately drives the growth of dental laboratories market. For example, according to American Cancer Society, in North America approximately 42,440 new cases were reported for oral cancer in 2014 and the number is increasing every year. This factor would increase the demand of dental services and hence drives the growth of dental laboratories market. Europe is considered as the second largest market of dental laboratories. The growth is mainly attributed to widespread availability of new treatment options coupled with introduction of advanced techniques for the treatment of dental problems such as gum diseases, tooth erosion and oral cancer will drive the growth of dental laboratories market.
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In addition, rising aging population will further boost the growth of dental laboratories market in Europe. According to the European Commission (Eurostat) in 2013, around 17.8% of the European population were aged 65 years and above. Thus, aging population and advancement in technologies would increase the uptake of dental services in Europe and thus drives the market growth of dental laboratories. In addition, Asia-Pacific region is the emerging market for dental laboratories because of rising awareness about oral healthcare among the people. In addition, rising per capita income and increasing spending of people on dental surgeries in Asia-Pacific region will further stimulate the growth of dental laboratories market.
Some of the market players in this industry segment are Attenborough iDent Dental Lab, Dental, 1st Dental Laboratories Plc., Knight Dental Design, Dental Services Group, Champlain Dental Laboratory, Southern Craft Dental Laboratory, Lord's Dental Studio, National Dentex Corp., Utah Valley Dental Lab and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
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This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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