Date: Mar 2022
Date: Mar 2022
The Market Statsville Group (MSG) publishes the new report on the "Dental Handpieces Market by Product (Hybrid Air-electric Handpieces, Air-driven Handpieces, and Electric Handpieces), by Speed (High-speed and Low-speed), by End-Users (Hospitals, Dental Clinics, and Ambulatory Surgical Centers), by Region – Global Share and Forecast to 2030". The global dental handpieces market size is estimated to reach USD 2,274.3 million by 2030 from USD 1,563.0 million in 2021, registering a CAGR of 4.8% during the forecast period. The growing occurrence of oral health problems and dental disorders is the primary growth factor for the dental handpieces market. Furthermore, high-income countries suffer more from tooth loss and edentulism (no natural tooth) due to the excessive consumption of processed food. According to the Centre for disease control and prevention, around 20% of children aged between 5-11 years suffer from untreated decayed tooth problems in the United States. All these problems are accredited to the extreme consumption of processed and fast food and less careful about oral health. However, discrimination and attitudes of health care companies toward reimbursement of the dentist's oral care cost and annual fee reductions for dental healthcare professionals are impeding the global growth of the dental handpieces market.
The dental handpieces market has been segmented into product, speed, end-users, and region.
High-Speed is accounted for the largest market share, by speed
Based on speed, the global dental handpieces market is bifurcated into High-speed & Low-speed. The high-speed segment dominates the market and is expected to register the highest growth over the forecast period. The high-speed handpiece is usually air-driven, with speeds ranging from 200,000 rpm to 400,000 rpm. The speed of the handpiece depends on the pressure of the air supply, the size of the turbine, and the configuration of the turbine, such as an impeller, spindle, and bearings. Most of the vendors offer high-speed handpieces with small and large head versions. Smaller versions have miniature sizes providing advantages like better visibility and easier access, especially in relation to children. Large versions have the advantage of higher torque and better cutting power.
North America accounts for the largest market share in the dental handpieces market in 2021
Based on the regions, the market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America had the largest market share of 38.5% in the global dental handpieces market. A pivotal factor that propels the growth of the dental handpieces market is the rapid rise in the number of elderly people, leading to a rise in the number of dental treatments.
Wide acceptance of technological advancements in dental equipment and continued favorable demographic trends, and heightened consumer awareness of the importance of oral hygiene to the region's health-boosting market growth. Factors such as rapid advancement in medicare facilities and the rising preference for novel dental treatments have also increased are boosting market growth over the forecast period. The overall condition of the healthcare infrastructure also varies extensively in the North America region. Hospitals have a strong market position, and several hospitals have established basic healthcare facility management.
This research report includes an examination of the leading companies' development and marketing strategies, as well as an examination of their product portfolios and winning strategies in the dental handpieces market. It also consists of the profiles of leading companies such as Dentatus AB, KaVo Dental GmbH, Inovadent, A-dec, Inc. Being Foshan Medical Equipment co., ltd., Nakanishi Inc., DENTSPLY SIRONA Inc., Dentamerica Inc., Medidenta, and Dentflex.
Browse complete report: https://www.marketstatsville.com/dental-handpieces-market
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