According to the latest analysis by Future Market Insights (FMI), the global electric dental handpiece market witnessed significant growth in 2021, with a valuation of approximately US$ 331.4 Million, constituting a substantial 5.8% share of the overall dental equipment market. The market is projected to maintain its upward trajectory, accelerating at a Compound Annual Growth Rate (CAGR) of 5.2% and approaching US$ 473.1 Million by 2028.
The demand for brush motors, a key component of electric dental handpieces, is expected to surge at a CAGR of 6% from 2022 to 2028, underlining the increasing adoption of advanced dental equipment. This growth is attributed to factors such as the rising incidence of periodontal diseases and the superior precision offered by electric dental handpieces during various dental procedures.
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However, despite these promising projections, the market is not without its challenges. Regulatory factors, macroeconomic conditions, and industrial variables continue to influence market dynamics. Additionally, the high cost of electric handpieces and the availability of alternative technologies such as lasers pose constraints to market growth. Furthermore, the complexity of electric handpiece design leads to higher repair costs compared to air-driven counterparts, further impeding market expansion.
Nevertheless, the advantages of electric dental handpieces, including steady speed and reduced noise levels compared to air-driven alternatives, are driving their adoption among dental professionals. These factors are expected to sustain market growth and open up lucrative opportunities in the coming years.
Commenting on the market outlook, a spokesperson for Future Market Insights stated, “Despite short-term challenges, the electric dental handpiece market is poised for steady growth. Advancements in technology and increasing awareness among dental professionals about the benefits of electric handpieces will fuel market expansion, particularly in the latter half of the forecast period.”
The Rise of Electric Dental Handpieces in the US and China:
The excerpt highlights the booming market for electric dental handpieces, particularly in the US and China. Here’s a breakdown of the key factors driving this growth:
US Market:
- Dominant Market Share: The US holds the largest share in the North American electric dental handpiece market, reflecting a strong preference for advanced dental equipment.
- Growing Dental Needs: The increasing number of dental practitioners, institutions, and dental diseases fuels the demand for these devices.
- Efficiency and Precision: Electric handpieces offer faster cleaning, polishing, and improved control compared to traditional air-driven models, leading to their widespread adoption.
- Aging Population: As the population ages, dental problems become more prevalent, driving the need for advanced dental procedures and equipment like electric handpieces.
- Technological Advancements: Continuous improvements in electric handpiece technology further entice dentists to upgrade.
China Market:
- Rising Demand for Advanced Equipment: Hospitals, dental clinics, and surgical centers in China are increasingly seeking advanced dental technologies, including electric handpieces.
- Growing Awareness: Greater public awareness of dental health and insurance coverage are propelling market growth.
- Economic Factors: Rising disposable incomes allow more people to afford dental care, and the expanding dental industry creates a larger customer base for electric handpieces.
Overall, the electric dental handpiece market in both the US and China is experiencing significant growth due to a combination of factors related to demographics, technological advancements, economic factors, and growing dental needs.
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Key Companies Profiled:
- KaVo Dental GmbH
- Dentsply Sirona Inc.
- Nakanishi Inc.
- A-dec Inc.
- Bien-Air Medical Technologies
- SciCan Ltd.
- DentalEZ Group
- Brasseler USA
- W&H Dentalwerk Bürmoos GmbH
- NSK Ltd.
- Keystone Dental, Inc.
- DENTFLEX
Key Segments of Electric Dental Handpiece Industry Survey:
Electric Dental Handpiece Market by Motor Type:
- Brush Motors
- Brushless Motors:
Electric Dental Handpiece Market by End User:
- Hospitals
- Dental Clinics
- Others
Electric Dental Handpiece Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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