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Global Dental Lab Market is Expecting to Undergo Major Technological Transformations During Forecast Period

(PharmaNewsWire.Com, February 16, 2021 ) Objectives of the Study:



# To define, describe, and forecast the global dental laboratories devices 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.



Years considered for this report:



2016 – Base Year

2017 – Estimated Year

2022 – Projected Year



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.



Target Audience:



# Dental product manufacturers & distributors

# Dental equipment manufacturers & distributors

# Dental laboratories

# Government associations and dental practitioners

# Market research and consulting firms

# Venture capitalists and investors



Europe dominated the market in 2016



Europe accounted for the largest share of the dental laboratories devices market in 2016, followed by North America. The rising geriatric population, increasing dental tourism, growth in the number of dental laboratories, growing government expenditure on oral healthcare across Europe, and presence of higher reimbursement rates for dental procedures in Europe as compared to other regions are the key factors driving the growth of the dental laboratories market in Europe.



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About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



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