Press release
Dental Handpieces Market Size Is Expected to See a Substantial Rise in Growth and Demand in The Forecast Period By 2030 | CAGR of 5.5%
Dental Handpieces Market
Allied Market Research has published a study report with the title Dental Handpieces Market Size was Valued at USD 1.6 billion in 2021, and is Projected to Garner USD 2.7 billion by 2031, registering a CAGR of 5.5% from 2022 to 2031.
Covid-19 Scenario:
The COVID-19 outbreak had a negative impact on growth of the global dental handpieces market. A huge number of clinics and hospitals across the globe were restructured to increase the hospital capacity for the patients diagnosed with COVID-19.
As dental surgeries are non-emergency procedure, dental surgeries were less prioritized, thereby reducing the demand for dental handpieces.
With the pandemic receding, the market is back on its way to recovery.
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Top Companies of Dental Handpieces: -
Leading players of the global dental handpieces market analyzed in the research include Dentsply Sirona, SciCan Ltd., DENTALEZ, Zimmer Biomet, MTI Dental, MDK CO., LTD., Premier Dental Co., NSK, Bien Air Dental SA, and A-dec Inc.
Dental Handpieces Market Market Segmentation: -
The report offers detailed a segmentation of the global dental handpieces market based on complete handpiece, handpiece component, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on complete handpiece, the speed handpiece segment held half of the total market share in 2021, and is likely to maintain its leadership status during the forecast period. Moreover, the same segment is expected to manifest the highest CAGR of 6.2% from 2022 to 2031. The report also analyzes segments such as electric handpieces, surgical handpieces, and others.
By handpiece component, the electric motors segment held the largest share in 2021, accounting for more than two-fifths of the global dental handpieces market, and would rule the roost through 2031. However, the air turbines segment is estimated to witness the fastest CAGR of 6.1% during the forecast period.
Based on end user, the hospitals segment held the largest share in 2021, accounting for more than three-fifths of the global dental handpieces market, and would rule the roost through 2031. However, the dental clinics segment is estimated to witness the fastest CAGR of 6.1% during the forecast period.
Based on region, the market in North America was the largest in 2021, accounting for more than two-fifths of the global dental handpieces market, and is likely to dominate the market during the forecast period. However, the Asia-Pacific region is expected to manifest the highest CAGR of 6.4% from 2022 to 2031. The other regions analyzed in the study include LAMEA and Europe.
Drivers, restraints, and opportunities-
Rise in prevalence of dental caries and dental diseases, increase in demand for root canal treatment, surge in disposable income among consumers of developing nations, rise in geriatric population, and increase in R&D of dental activities drive the growth of the global dental handpieces market. By region, North America held the largest share in 2021 and would rule the roost through 2031.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
Which region has more opportunities?
By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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