Dental Turbines Market
Dental Turbines Market by Speed (High, Low), by End Use (Dental offices, Hospitals), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)
|Forecast Years for Dental Turbines Market:||2022 - 2028|
|Historical Years for Dental Turbines Market:||2016 - 2021|
|Revenue 2021 for Dental Turbines Market:||USD 65.2 Million|
|Revenue 2028 for Dental Turbines:||USD 175.5 Million|
|Revenue CAGR (2022 - 2028) for Dental Turbines Market :||16.1%|
|Fastest Growing Region (2022 - 2028) for Dental Turbines Market:||Asia Pacific|
|Largest Region (2021) for Dental Turbines Market:||North America|
Global Dental Turbines market is valued at USD 65.2 Million in 2021 and is projected to attain a value of USD 175.5 Million by 2028 at a CAGR of 16.1% during the forecast period, 2022–2028. This increase can be due to rising demand for aesthetic dentistry as well as other dental operations including restorative and orthodontics. The market is also fueled by advances in dental turbine handpiece technology, rising oral health awareness, and an increase in dental illnesses. Increased demand for Dental Turbines from various healthcare institutions to assure improved quality of unique and personalised dental items as the global elderly population grows; these factors are functioning as key market drivers for Dental Turbines.
In the most hopeful scenario, the COVID-19 pandemic would have a long-term positive impact on the global Dental Turbines business. In early 2020, the COVID-19 pandemic had a detrimental impact on the Dental Turbines market, as most dental offices, clinics, and laboratories were forced to close due to lockdowns and quarantine regulations in many regions of the world. All non-essential dental procedures were postponed as a result, and the number of outpatient cases dropped dramatically during this time. However, most regions, particularly North America and Europe, are recovering as dental services return to normalcy. The dentistry market in Asia Pacific has been slower to revive, particularly in China and India.
High Incidence of Dental Caries and Other Dental Diseases
Dental caries, often known as tooth decay, affects people of all ages, and the global incidence of decaying and missing teeth (DMT) has risen rapidly in recent years. According to the CDC, 64.9% of persons over the age of 18 had a dental check-up or cleaning procedure in 2020. More than 36 million Americans are fully edentulous, according to the American College of Prosthodontists, and over 120 million Americans are missing at least one tooth. The increased frequency of target illnesses will play a vital role in the growth of the Dental Turbines market during the forecast period, as dental implants, dental prosthetics, and other dental items made by Dental Turbines are widely used in the restoration of the dental structure.
High Capital Investment and Operating Costs
Due to cost constraints, Dental Turbines facilities may be unaffordable for small and medium-sized laboratories. This is a significant difficulty in the market because the majority of dental labs are small or medium-sized. A high-resolution 3D printer costs between USD 40,000 and USD 100,000. This also makes it difficult for laboratories that rely on federal financing (which is a time-consuming procedure in and of itself) to build and employ such equipment. Many smaller dental clinics may prefer to outsource production to service bureaus or laboratories because of this budgetary consideration. The market for Dental Turbines faces a significant challenge as a result of this.
The Global Dental Turbines Market can be segmented by Speed into High and Low. By End Use into Dental offices and Hospitals. Based on Region, the Dental Turbines Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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North America to Continue Dominating the Dental Turbines Market
Geographically, North America is predicted to develop rapidly, owing to high oral care expenditure, the increasing demand for cosmetic dentistry, and growing incidence of dental caries and tooth loss (associated with the aging population), and the rising popularity of digital dentistry. Additionally, hospital demand for high innovative medical devices, the existence of large Dental Turbines manufacturers, and the growing relevance of patient satisfaction. In terms of CAGR, Asia-Pacific is likely to trail North America. The region's rapid growth of Dental Turbines can be ascribed to countries like Japan and Australia adopting the technology more quickly.
Key participants operating in the Dental Turbines market are: Dentsply Sirona, Inc., Nakanishi Inc., W&H Group, B.A. International, Bien Air are the major companies operating in Global Dental Turbine Market.
|Regions & Countries Covered||
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
Frequently Asked Questions
the global demand for Dental Turbines
in terms of revenue?
The global Dental Turbines valued at USD 65.2 Million in 2020 and is expected to reach USD 175.5 Million in 2028 growing at a CAGR of 16.1%
are the prominent players
in the market?
The prominent players in the market are Dentsply Sirona, Inc., Nakanishi Inc., W&H Group, B.A. International, Bien Air are the major companies operating in Global Dental Turbine Market..
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 16.1% between 2021 and 2028.
the driving factors
fueling the growth of the market.
The driving factors of the Dental Turbines include
- High Incidence of Dental Caries and Other Dental Diseases
region accounted for the
largest share in the market?
North America was the leading regional segment of the Dental Turbines in 2020.