South Korea Dental Laboratories Market Size & Outlook
South Korea dental laboratories market, 2018-2030 (US$M)
Related Markets
South Korea dental laboratories market highlights
- The South Korea dental laboratories market generated a revenue of USD 168.8 million in 2023 and is expected to reach USD 279.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, oral care was the largest revenue generating product in 2023.
- Orthodontic is the most lucrative product segment registering the fastest growth during the forecast period.
Dental laboratories market data book summary
| Market revenue in 2023 | USD 168.8 million |
| Market revenue in 2030 | USD 279.8 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Oral care |
| Fastest growing segment | Orthodontic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Restorative, Orthodontic, Endodontic, Oral care, Implant |
| Key market players worldwide | Envista Holdings Corp Ordinary Shares, Dentsply Sirona Inc, A-Dec, Straumann Holding AG, Henry Schein Inc, Knight Therapeutics Inc, National Dentex Labs, 3M Co, Apex Dental Laboratory, Dental Services Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global dental laboratories market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan dental laboratories market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 279.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Dental Laboratories Market Scope
Dental Laboratories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea dental laboratories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dental laboratories market will help companies and investors design strategic landscapes.
Oral care was the largest segment with a revenue share of 27.61% in 2023. Horizon Databook has segmented the South Korea dental laboratories market based on restorative, orthodontic, endodontic, oral care, implant covering the revenue growth of each sub-segment from 2018 to 2030.
The country largely benefits from primary and secondary dental care by National Health Insurance and the cost for dental treatment is covered, except for prosthetic and esthetic dental care. Various factors such as rising dental disease burden, increasing geriatric population, and favorable government initiatives are among factors likely to propel growth of dental laboratories market in the country.
The Korean National Health Insurance Service (NHIS) has now started to provide insurance for oral reconstruction procedures, including full and removable dentures as well as dental implants. This has resulted in increased adoption of dental procedures.
Reasons to subscribe to South Korea dental laboratories market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea dental laboratories market databook
-
Our clientele includes a mix of dental laboratories market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea dental laboratories market , including forecasts for subscribers. This country databook contains high-level insights into South Korea dental laboratories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea dental laboratories market size, by product, 2018-2030 (US$M)
South Korea Dental Laboratories Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
