Dental Laboratories in the US - Industry Market Research Report

Dental Laboratories in the US - Industry Market Research Report

Dental Laboratories in the US

Technological changes in the Dental Laboratories industry, specifically computer-aided design and manufacturing systems, have improved the overall quality of products and services offered by dental laboratories over the past five years. At the same time, a transforming competitive landscape and COVID-19 have presented new challenges. Industry revenue declined 8.3% in 2020 amid social distancing measures, followed by a historically high revenue expansion in 2021 as people returned to their normal lives. Overall, industry revenue is expected to increase at a CAGR of 2.1% to $6.9 billion over the past five years, including a 1.8% decline in 2023 alone, while profit is anticipated to reach 6.5% of revenue.

The Dental Laboratories industry comprises operators that manufacture dentures, crowns, bridges and orthodontic products customized for individual application as prescribed by licensed dentists.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.