A dental handpiece is a medical instrument used by dentists to hold dental cups, disks and burs in performing a variety of dental operations. This includes teeth polishing, teeth cleaning and restorative operation among others. An electric dental handpiece is a smart and time saving tool which is expected to gain immense popularity in dental clinics with the rising demand for teeth alignment and beautification among global population.
According to FMI report, the global electric dental handpiece market is expected to be valued at US$ 270 Mn in 2017 and expected to reach US$ 450 Mn by the end of 2027. The market is expected to expand at a CAGR of 5.2% during the forecast period.
What are the dynamic factors to upsurge the demand for electric dental handpiece?
The global electric dental handpiece market is expected to witness a productive growth due to following factors:
- Technological advancements in dental handpiece to expand dental services
- Up gradation of overall electric dental handpiece to increase their efficiency in versatile applications like implantology, caries removal, etc.
- Increasing incidences of dental disorders to boost demand for dental handpiece
However, high cost of electric dental handpiece is expected to hamper electric dental handpiece sales, especially at impoverished parts of the world. In addition, enforcement of stringent regulations in the manufacturing process of electric dental handpiece is likely to impede the growth of electric dental handpiece market in the near future.
What is the future scope for brush motors in electric dental handpiece market?
Electric dental handpiece are broadly categorized into two product type depending upon the motor type, brush motors and brushless motors. Electric dental handpieces operating on brush motors are anticipated to witness lucrative growth in sales with an estimated market size of US$ 300 Mn in 2027 end. It is expected to hold for more than 50% of value share during the forecast period. However, manufacturers are focusing to develop electric brushless motors in order to deliver improved efficiency to operate several dental setting for a varied range of applications. Moreover, low speed electric dental handpiece are being more preferred by practitioners than the high speed ones.
In addition to this, increasing adoption of technologically enhanced systems promoted under renowned brands are observed to gain large customer base among ambulatory surgical centers, hospitals and dental clinics in particular. Thus, dental clinics are anticipated to account for maximum share and likely to drive electric dental handpiece market.
Where can market players expand their businesses?
Electric dental handpiece market players are expected to witness substantial growth in the North America. Technological advancement in product development is highly likely to fuel electric dental handpiece sales in this region. North American market players are expected to account for higher revenue share followed by the manufacturers operating in the Western Europe. Growing demand for electric dental handpiece with brushless motors in the Western Europe is expected to offer potential opportunities for dental instrument manufacturers in this region.
Who are the key stake holders in electric dental handpiece market?
According to FMI report, dental handpiece manufacturer, A-dec Inc. is expected to hold maximum revenue share in 2016. Other key players like Nakanishi Inc., KaVo Dental GmbH (Danaher Corporation), Bien-Air Medical Technologies, Dentsply Sirona Inc., Lares research, SciCan Ltd., Brasseler USA, DentalEZ Group, W&H and Dentalwerk Bürmoos GmbH, among others.
What is the fundamental strategy followed by key market participants?
Majority of the market players are focusing to establish strong tie-ups with the regional distributors and other local channel partners. Due to this, continuous product supply and its availability in untapped market can be achieved. Thereby, manufacturers are highly likely to expand their product reach to end users through offline sale channel as well as aftermarket sale for dental handpiece consumables.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2012