The Asia Pacific Dental Laboratories Market would witness market growth of 11.6% CAGR during the forecast period (2021-2027).
Dental laboratories are witnessing rapid technological improvements like the usage of hydroxyapatite coatings and bone morphogen proteins as implant materials, which helps in faster healing, painless procedures, and decreasing chair time. Likewise, the launch of advanced imaging techniques like Computer-aided Manufacturing (CAM) and Computer-aided Design (CAD) has made planning and handling of complicated procedures easier along with 3D imaging of crowns, bridges, and dental implants, which is resulting in providing a better patient diagnosis.
The most commonly occurring oral diseases around the world are dental caries and periodontal diseases. It is estimated that above 50% of the population across the world is suffering from dental caries and periodontal diseases. Organizations, like WHO and governments of several nations, have taken different kinds of initiatives for the betterment of oral health of the people across the world. For example, oral health was added in the political announcement on universal health coverage.
The Asia-Pacific is displaying considerable growth in the dental laboratories market. This region is home to many developing nations like China & India, which are likely to acts as a great opportunity for dental laboratories market expansion in the coming years. In addition, the rapidly rising disposable income of the ever-growing aging population and an increase in awareness about dental hygiene are the major factors helping in fueling the growth of the regional market. Additionally, the evolving lifestyles of people and the increasing adoption of the latest technologies are other aspects that are accountable to boost the regional market growth.
Patients suffering from oral dental diseases are focusing on adopting dental implants to provide a strong foundation for removable replacement teeth. Moreover, the orthodontics treatment is becoming popular among patients as it provides benefits of removable braces and transparent braces like reduced risk of gum disease in the future, improved oral hygiene, and easier tooth cleaning compared to fixed braces. Hence, these factors contribute to surging the growth of the Asia-Pacific dental laboratories market.
The Oral care market dominated the Malaysia Dental Laboratories Market by Product 2020, thereby, achieving a market value of $233.1 million by 2027. The Implants market is exhibiting a CAGR of 14.4% during (2021 - 2027). Additionally, The Restorative market is expected to witness highest CAGR of 16% during (2021 - 2027).
Based on Product, the market is segmented into Oral care, Implants, Restorative, Orthodontic, and Endodontic. Based on Equipment Type, the market is segmented into Systems & Parts, Laboratory Machines, Dental Radiology Equipment, Dental Lasers, Hygiene Maintenance Devices and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Dental Laboratories Market is Projected to reach USD 51.4 Billion by 2027, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Modern Dental Group Limited, Dentsply Sirona, Inc., Envista Holdings Corporation, Institut Straumann AG, Henry Schein, Inc., 3M Company, DentCare Dental Lab Pvt. Ltd., Shofu Dental GmbH, GC Corporation and A-dec, Inc.
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