Dental Laboratories Market to Expand by US$ 22.5 Billion by 2032, Fueled by Digital Workflows
The global Dental Laboratories Market , valued at US$ 31.2 billion in 2022, is projected to reach US$ 53.7 billion by 2032, expanding at a CAGR of 5.6%. Driven by rising demand for cosmetic dentistry, technological advancements, and increasing dental tourism, this market is pivotal for oral healthcare. This press release explores the key drivers, projections, and opportunities shaping this dynamic industry. Why Is the Market Growing? Growing demand for cosmetic dentistry, with 15% of adults seeking aesthetic procedures in 2024, drives the need for dental laboratories. Technological advancements, like 3D printing and CAD/CAM systems, improve precision and reduce production time by 20%. Dental tourism, particularly in Asia-Pacific with a 12% rise in 2024, boosts demand for crowns and implants. Innovations, such as Dentsply Sirona’s 2024 3D-printed prosthetics, enhance efficiency. Regulatory support, like EU’s dental care funding, fuels growth, while high costs, averaging US$ 50...