The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
The global dental lab market size is expected to reach USD 43.08 billion by 2022 from USD 32.56 billion in 2017, at a CAGR of 5.8% from 2017 to 2022. Rapid growth in the geriatric population and the associated increase in the prevalence of edentulism, growing dental tourism, rising incidences of dental caries and other periodontal diseases and increasing outsourcing of certain manufacturing functions to dental laboratories are the factors contributing to the growth of this market.
Browse 274 Market Data Tables and 34 Figures spread through 241 Pages and in-depth TOC on "Dental Lab Market - Global Forecast to 2022"
In this report, the market is segmented by indirect restorative material, equipment, prosthetic type, and region. By indirect restorative material, the dental laboratories market is segmented into metal ceramics, ceramics, and other indirect restorative materials. The ceramics segment is expected to register the highest CAGR during the forecast period. The color and translucency of ceramics mimic the natural tooth appearance. This has ensured their greater adoption in the market.
By equipment, the dental laboratories market is segmented into articulators, furnaces, scanners, and milling equipment. The scanners segment is expected to grow at the highest CAGR during the forecast period.
The rising focus on digital dental products, increasing efforts towards delivering faster dental treatment, and increased development, penetration of computer-aided drawing, and computer-aided manufacturing in dentistry are the factors expected to drive the growth of this segment.
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Based on prosthetic type, the dental laboratories market is segmented into crowns, dentures and bridges. The dentures segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is primarily attributed to the advantages it offers such as improved mastication or chewing ability, better aesthetics by providing a natural appearance to the face, and improved pronunciation by replacing missing teeth.
The Asia-Pacific region is expected to register the highest growth rate in the dental laboratories market during the forecast period. The rising geriatric population, growing dental tourism, increase in the number of dental laboratories, and increasing outsourcing of various manufacturing services in the region are some of the factors fueling the growth of the dental laboratories market in this region.
Years considered for this report
- 2016 – Base Year
- 2017 – Estimated Year
- 2022 – Projected Year
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
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
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Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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