REPORT OVERVIEW
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The global dental laboratory workstations market size was USD 116 million in 2020. As per our research, the market is projected to touch USD 142.1 million by 2027, exhibiting a CAGR of 3.0% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.
The market is expected to grow in the coming years due to the increasing demand for dental services, the adoption of digital dentistry, technological advancements, government initiatives, and rising disposable incomes. The growing demand for dental services is driven by the aging global population. These workstations are used to create dental prostheses, which are used in dental procedures. The increasing demand for dental services is driving the growth of the dental laboratory workstations market.
COVID-19 Impact: Imposed Limitations in the Economy which led to a decline in demand for the Market
The COVID-19 pandemic had a negative impact on the dental laboratory workstations market. The pandemic has led to a decrease in the demand for dental services, as people have been hesitant to visit dentists due to the risk of infection. This has led to a decrease in the demand for these workstations. In addition, the pandemic has caused supply chain disruptions, making it difficult for manufacturers to obtain the necessary components to produce such workstations. This has also contributed to the decrease in the availability of dental laboratory workstations.
However, the pandemic has also created new opportunities for the dental laboratory workstations market. The pandemic has led to an increased demand for digital dental services, as people have been looking for ways to avoid in-person visits to the dentist. This has led to an increased in the demand for workstations that are equipped with digital capabilities. Overall, the COVID-19 pandemic has had a mixed impact on the market. The pandemic has led to a decrease in the demand for dental services, but it has also created new opportunities for the market. The long-term impact of the pandemic on the market remains to be seen.
LATEST TRENDS
"Higher Standards of Performance by Increase in Infrastructure Spending to Grow Market Potentially"
The dental laboratory workstations market is expected to grow in the coming years due to the increasing adoption of digital dentistry, the development of new materials and technologies for dental prostheses, the growing demand for customized dental prostheses, the increasing focus on patient comfort and safety, and the growing popularity of cloud-based solutions.
Digital dentistry is the use of computer-aided technologies in dentistry. This includes the use of CAD/CAM (computer-aided design/computer-aided manufacturing) systems, 3D printing, and intraoral scanners. Digital dentistry is becoming increasingly popular, as it offers a number of advantages over traditional methods. These advantages include increased accuracy, efficiency, and productivity. The development of new materials and technologies for dental prostheses is also driving the growth of the market. This includes the development of new resins and ceramics for dental crowns and bridges, which are making it possible to create more aesthetic and durable restorations.
SEGMENTATION
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- By Type
On the basis of type, the market is divided into single tables, double tables and other.
- By Application
On the basis of application, the market is segmented into hospital and clinic.
DRIVING FACTORS
"Increasing demand for dental services which leads to the market growth"
The global population is aging, and this is leading to an increased demand for dental services. These workstations are used to create dental prostheses, which are used in dental procedures. The increasing demand for dental services is driving the dental laboratory workstations market growth.
"Increasing adoption of digital dentistry for market growth"
Digital dentistry is the use of computer-aided technologies in dentistry. This includes the use of CAD/CAM (computer-aided design/computer-aided manufacturing) systems, 3D printing, and intraoral scanners. Digital dentistry is becoming increasingly popular, as it offers a number of advantages over traditional methods. This is driving the demand for workstations that are equipped with digital capabilities.
RESTRAINING FACTOR
"Several Challenges Associated with the Local Irritation to Hamper the Market Growth"
The dental laboratory workstations market is expected to grow in the following years, but there are some factors that could restrain its growth. These include the high cost, complexity, lack of standardization, fragmentation of the market, and competition from other technologies.
Such workstations are expensive, which can be a barrier to entry for some dental laboratories. They are also complex machines that require specialized training to operate. This can make it difficult for some dental laboratories to adopt them. Additionally, there is no single standard for these workstations, which can make it difficult for dental laboratories to choose the right system. The market is also fragmented, with a large number of small players. This can make it difficult for new entrants to gain market share. Finally, other technologies, such as 3D printing, are emerging as alternatives to dental workstations. This could pose a threat to the market in the future.
REGIONAL INSIGHTS
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"North America Region to Dominate the Market with Extensive Utilization and Multiplying Manufacturers"
North America holds the largest dental laboratory workstations market share. This is due to the high demand for dental services in the region and the increasing adoption of digital dentistry. The United States is the largest market in North America, followed by Canada.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
The dental laboratory workstations market is highly competitive, with a number of key players vying for market share. The leading players in the market are KaVo Dental, Lista International Corp., Dental Art, DentalEZ Group, SARATOGA, Sinol dental, KPF Dental, REITEL Feinwerktechnik GmbH, ERIO, and LOC Scientific. These companies offer a wide range for workstations, including CAD/CAM systems, milling machines, 3D printers, and other equipment. They also offer a variety of services, such as training, installation, and maintenance.
List of Market Players Profiled
- KaVo Dental (Germany)
- Lista International Corp. (U.S.)
- Dental Art (U.S.)
- DentalEZ Group (U.S.)
- SARATOGA (U.S.)
- Sinol dental (China)
- KPF Dental (Germany)
- REITEL Feinwerktechnik GmbH (Germany)
- ERIO (Italy)
- LOC Scientific (U.S)
- MULTY-DENT (Bulgaria)
- Iride International (Italy)
- ZILFOR (Russia)
- CATO SRL (Italy)
- ASTRA MOBILI METALLICI (Italy)
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 116 Million in 2020 |
Market Size Value By |
US$ 142.1 Million by 2027 |
Growth Rate |
CAGR of 3% from 2020 to 2027 |
Forecast Period |
2022-2027 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global dental laboratory workstations market expected to touch by 2027?
The global dental laboratory workstations market is expected to reach USD 142.1 million by 2027.
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What CAGR is the global dental laboratory workstations market expected to exhibit by 2027?
The global dental laboratory workstations market is expected to exhibit a CAGR of 3.0% by 2027.
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Which are the driving factors of the dental laboratory workstations market?
The dental laboratory workstations market is driven by the increasing demand for dental services and the adoption of digital dentistry.
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Which are the key players functioning in the dental laboratory workstations market?
KaVo Dental, Lista International Corp., Dental Art, DentalEZ Group, SARATOGA, Sinol dental, KPF Dental, REITEL Feinwerktechnik GmbH, ERIO, LOC Scientific, MULTY-DENT, Iride International, ZILFOR, CATO SRL and ASTRA MOBILI METALLICI are the key players functioning in the dental laboratory workstations market.