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Dental Diamond Burs Market worth $191 million by 2026 : Key Players are Dentsply Sirona Inc. (US), Henry Schein, Inc. (US), SHOFU Inc. (Japan), MANI, INC. (Germany)

09-16-2021 06:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Dental Diamond Burs Market worth $191 million by 2026 : Key

The report "Dental Diamond Burs Market by type (Diamonds, Tungsten Carbide, Stainless Steel), Application (Hospitals, Clinics), Technology (Electrolytic Co-deposition, Micro brazing, CVD (Chemical Vapor desposition), Sintering), and Region - Global Forecasts to 2026", size is estimated at USD 130 million in 2021 and is projected to reach USD 191 million by 2026, at a CAGR of 8.0%. The dental diamond burs market is witnessing high growth owing to the rising cases of dental diseases, increasing demand for cosmetic dentistry, growing dental tourism in emerging markets, changing lifestyles, unhealthy food habits, and the increasing disposable income in developing countries.

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Diamonds is the largest type segment of the dental diamond burs market
The dental diamond burs market is segmented on the basis of type into diamonds, tungsten carbide and stainless steel. The diamonds type segment accounted for a larger market share. This is attributed to its unique hardness properties. Diamond is also projected to be the fastest-growing type segment. Due to this property it can be used to cut through zirconia or grind porcelain while veneers and crowns are being prepared and placed.

Hospitals is the largest application segment of the dental diamond burs market
The dental diamond burs market is segmented on the basis of application into hospitals, clinics and others. The hospitals segment led the market in terms of both value and volume. It is attributed to the use of dental diamond burs into small and big surgeries and other treatments.

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Electrolytic co-deposition is the largest technology segment of the dental diamond burs market
The dental diamond burs market is segmented on the basis of technology into electrolytic co-deposition, micro brazing, CVD (Chemical vapor deposition), sintering, and others. Electrolytic co-deposition technology segment accounts for the largest market share in the market. Electrolytic co-deposition of natural or synthetic diamond particles inside a nickel or duplex nickel–chromium matrix onto a stainless-steel shank is the most prevalent bonding method, currently. The diamond particles are embedded in the metal matrix like chopped almonds coated in caramel. This technology offers good adhesions to the plated metal layer to the substrate. Hence, this segment of technology ends up to be the largest segment.

North America is the largest market for dental diamond burs market
The North America region is projected to be the largest market, in terms of value. APAC is expected to grow at the highest CAGR during the forecast period. Growth in North America is backed by The increasing cases of dental diseases, growing demand for tooth repair procedures, growth in the geriatric population, increasing number of dental practitioners, and rising number of dental clinics and dental laboratories. Moreover, the growth in this market is driven by a number of factors, such as the rising geriatric population, growing dental tourism in major Asian markets, such as India, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure (coupled with the rising disposable income), growing awareness on oral healthcare, and increasing willingness of people to spend more on dental care to maintain dental aesthetics. Other factors, such as the increasing number of dental professionals, rising cases of dental diseases, and growing number of tooth repair procedures, are expected to support the growth of this regional market during the forecast period.

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The key players in the dental diamond burs market are Dentsply Sirona Inc. (US), Henry Schein, Inc. (US), SHOFU Inc. (Japan), MANI, INC. (Germany), Bresseler USA (US), and others. The dental diamond burs market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.

COVID-19 impact on the Global Dental Diamond Burs Market
The COVID-19 pandemic has significantly impacted the dental care industry worldwide, and it is difficult to ascertain the extent and severity of the impact in the long term. The outbreak of the coronavirus disease resulted in the shutdown of approximately 198,000 active dental hospitals and clinics in the US (data as of August 2020). This has disrupted the delivery of dental services in the country. According to the Irish Dental Association, about 75% of dental practitioners are witnessing a financial loss of over 70% during the outbreak. Dental healthcare workers are at the highest risk of contracting COVID-19 as the virus that causes COVID-19 is present in nasopharyngeal and salivary secretions of patients infected with the virus and is believed to spread through respiratory droplets, as well as aerosols and fomites. As a result, dental services were limited to emergency and urgent cases during the early days of the pandemic. However, dental care providers reopened in the third and fourth quarters of 2020.

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