Global Dental Lab Market is expected to reach USD 43.08 billion by 2025, from USD 32.56 billion in 2017 growing at a CAGR of 5.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025 (Current Year Statistic Will Be Provided in Report).
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Dental laboratory manufactures a variety of product for the treatment of dental diseases. Dental laboratory product include crown, bridges, texture. Dental laboratory products are come under medical device category which is regulated by FDA. Some of the major players operating in the global dental lab market are
Others are 1st Dental Laboratories plc, Attenborough iDent Dental Lab, Champlain Dental Lab Inc., National Dentex Labs., A-dec Inc., Dental Services Group, DentCare Dental Lab Pvt. Ltd, Blackfish Industries Co., Ltd, Shenzhen Jiayuanmei Dental Lab Co., Ltd, J & H Dental Lab, Dentsma Science and Technology Co.,Ltd, Shengda Dental Lab, China Master Dental Office Co.,Ltd, Qili Dental Department Technology Co.Ltd, Suzhou Same Dental Medical Co.,Ltd and among others. The global dental lab market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of dental lab market for global, Europe, North America, Asia Pacific and South America.
In 2018, Integrated DNA Technologies (“IDT”) announced that Danaher has entered into a definitive agreement to acquire IDT. Under this agreement IDT was standalone operating company and brand within Danaher’s Life Sciences platform. By this acquisition company further enhanced their growth profile and continue to create long term customer value.
According to the centre for disease control and prevention in 2015 around 47.2% adult suffered from dental periodontal disease. Periodontal disease increased up to 70.1% in the 65 age group. As per the published article in 2017, approximately 11.2% prevalence rate of periodontal disease. Hence increasing number of dental disease cases fuel the growth of dental lab market.
Key Developments in the Market:
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Major Market Drivers and Restraints:
Market Segmentation: Global Dental Lab Market
The global dental lab market is segmented based on material, equipment, type and geographical segments.
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