In a market experiencing drastic growth, many companies are looking for the perfect opportunity to increase their market share. In 2021, the largest segment of the global dental prosthetics market was the crown and bridge market. The growth within this segment was driven by the better-quality ceramic materials used for crowns. Subsequently, consumers are now seeking aesthetically pleasing dental prosthetics, and because of this, the unit sales of crowns and bridges has increased substantially. Additionally, alongside the recent and revolutionary advancements of computer-aided design and computer-aided manufacturing (CAD/CAM) technologies, the global dental prosthetics market generated a hefty $42.1 billion in 2021.
With a detailed analysis of the COVID-19 pandemic on this market along with unit sales, average selling prices, market growth trends, competitive market shares, and more, we have been able to develop a complete picture of the industry using different scenarios to estimate future demand and growth. One company in particular, Glidewell Dental, has received the top position in terms of market share within the global dental prosthetics market. Many are curious as to how this company was able to snag the number one spot and what the other top competitors may be doing to push ahead. Below we outline the top competitors threatening Glidewell Dental’s ranking position within the global dental prosthetics market.
A LITTLE BIT ABOUT GLIDEWELL DENTAL
Established in 1970 by Jim Glidewell, Glidewell Dental offers products and services for dentists, dental laboratories and manufacturers. It has become one of the largest dental labs in the world as well as a dental industry leader in its technology, R&D department and clinical and technical education. The company was first a simple laboratory by Jim Glidewell, who served as one of five local dentists in Tustin, California.
Glidewell Dental has been advantageous in its developmental pursuits in which have allowed the company to branch out to different segments within the global dental prosthetics market, including intraoral and laboratory scanning, chairside milling, and implant manufacturing. Because of this, the company has been able to experience growth in regards to its market share, allowing it to take the number one position in the global market.
TOP GLIDEWELL DENTAL COMPETITORS
- Dental Services Group
- Modern Dental
- National Dentex Corporation
1. Dental Services Group
Dental Services Group (DSG®) is headquartered in St. Petersburg, Florida and is the largest network of dental laboratories and laboratory services in the United States. DSG® offers products including fixed, removable, and implant dentures; orthodontics and sleep dentistry products and services. DSG® also provides dentists with digital dentistry products. DSG® is a privately held company backed by Cressey & Company. In 2021, DSG® ranked in second place, only slightly behind Glidewell Dental, in the global dental prosthetics market.
2. Modern Dental
Founded in 1986, Modern Dental Group Limited (Modern Dental) is a leading global dental prosthetic device provider with a product portfolio categorized into three product lines: fixed prosthetic devices, such as crowns and bridges, removable prosthetic devices, such as removable dentures, and other devices, such as orthodontic devices, sports guards and anti-snoring devices. Modern Dental offers and distributes its products under numerous recognized brand names around the world which has allowed the company to assume the third-highest position in the global dental prosthetics market.
3. National Dentex Corporation
National Dentex Corporation is headquartered in Palm Beach, Florida with more than 40 locations across the U.S. and Canada. The company owns and operates a network of dental laboratories in North America. National Dentex Corporation primarily focuses on providing dental laboratory services and support. One of its strongest qualities as a company is its competitive pricing and comparable resources to a large laboratory, both of which raised the company to the fourth-highest position in terms of market share.
Overall, the global dental prosthetics market is expected to grow at a 4.5% CAGR over the next 10 years. The increasing adoption rate of CAD/CAM technology, specifically chairside systems within dental offices, will increase the volume of prosthetics that can be fabricated. However, there has been a push by international organizations within the last decade to promote better oral hygiene. As a result, much of the world’s population have bettered their oral hygiene leading to a reduced need for dental prosthetics. Moving into the future, it will be interesting to see how Glidewell Dental adapts to the market limitations and if it, or any of the other top companies, will be able to capitalize on a new opportunity and increase their market share to become the number one company globally in terms of market share in the dental prosthetics market.