Objectives of this Study:

# To define, describe, and forecast the global Dental Lab Market by material, equipment, prosthetic type, and region.

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market players

# To forecast the size of the dental laboratory market, in five main regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa

# To profile key players in the global dental laboratory market and comprehensively analyze their core competencies and market shares

# To track and analyze competitive developments such as research and development activities; joint ventures, alliances, mergers and acquisitions; new product/technology developments; and agreements, partnerships, and other developments of key players in the market

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The metal-ceramics segment accounted for the largest share of the indirect restorative material market in 2016

On the basis of indirect restorative materials, the market is segmented into metal-ceramics, ceramics, and other indirect restorative materials. In 2016, the metal ceramics segment accounted for the largest share of the market. The large share of this segment can be attributed to its strength, durability, resistance to fracture, and high biocompatibility as compared to ceramics and other indirect restorative materials.

By equipment, the milling equipment segment is expected to hold the largest share of the market during the forecast period

Based on equipment, the global dental laboratories market is segmented into milling equipment, scanners, furnaces, and articulators. In 2016, the milling equipment segment accounted for the largest share of the dental laboratories market, this trend is also expected to continue during the forecast period. The growth of this segment can be attributed the increasing use of milling equipment in dental restoration to obtain high precision and accuracy, increasing use of digital manufacturing processes in dentistry, and the increasing demand for fabricating or customizing restoration models in a cost-effective manner.

Geographically, the global dental lab market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. Europe holds the largest share of this market. However, the APAC region is expected to witness the highest CAGR during the forecast period of 2017 to 2022. The growth of this segment can be attributed to the rising geriatric population, growing dental tourism, increase in the number of dental laboratories, and increasing outsourcing of various manufacturing services to the region are driving the growth of dental laboratories in APAC. However, the high cost of the dental equipment and materials is expected to hinder the growth of this market to a certain extent.

Players in the global dental laboratories market, such as DENTSPLY SIRONA Inc. (US), Planmeca Oy (Finland), Ivoclar Vivadent AG (Liechtenstein), VOCO GmbH (Germany), Danaher Corporation (US) are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies. Zimmer Biomet Holdings, Inc. (US), Mitsui Chemicals, Inc. (Japan), Septodont Holding (France) are players focusing on organic growth strategies like product launches to enhance their market presence.

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