The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Dental Handpieces Global Market Report 2024, the dental handpieces market is expected to show promising growth in the forecast period.

The dental handpieces market has experienced strong growth in recent years and is set to continue expanding. In 2023, the market size was $1.73 billion and is expected to increase to $1.86 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.2%.

• Drivers of Growth:
  • Increasing prevalence of dental diseases
  • Rising demand for cosmetic and aesthetic dental procedures
  • Growing incidence of dental health issues
  • Higher demand for root canal treatments

Future Growth Projections

Looking ahead, the dental handpieces market is forecasted to grow to $2.47 billion by 2028 at a CAGR of 7.3%. This growth can be attributed to several factors that are expected to drive the market in the coming years.

• Key Growth Factors:
  • Rising demand for advanced dental care services
  • Increasing awareness of oral hygiene
  • Expansion of cosmetic dentistry
  • Technological advancements in dental handpieces

View More On The Dental Handpieces Market Report 2024 – https://www.thebusinessresearchcompany.com/report/dental-handpieces-global-market-report

Rising Dental Diseases Boost Market Demand

The surge in dental diseases significantly contributes to the growth of the dental handpieces market. Poor oral hygiene, diets high in sugar, aging populations, and tobacco use are key factors contributing to the rise in dental issues.

• Impact on Market:
  • Dental handpieces are essential for treating various dental conditions, such as decay and periodontal diseases.
  • Improved dental health outcomes and patient care drive demand for advanced handpieces.
  • The increase in dental treatments, as seen in the UK’s NHS Dentistry report for 2022-23, underscores the growing need for effective dental tools.

Key Players in the Dental Handpieces Market

Several major players dominate the dental handpieces market, each contributing to its development and growth. These companies are known for their innovation, product offerings, and strategic market positioning.

• Major Companies:
  • Danaher Corporation
  • Dentsply Sirona Inc.
  • Straumann AG
  • Acteon Group
  • Morita Corporation
  • Nakanishi Dental Equipment Manufacturing Co. Ltd.

Innovations Driving Market Trends

Innovation is a significant trend in the dental handpieces market, with companies developing new products to enhance dental procedures. One notable example is the introduction of the Nova ergonomic electric handpiece by Bien-Air Medical Technologies.

• Technological Advancements:
  • Development of contra-angle electric handpieces for better precision and reduced fatigue
  • Integration of advanced features like small heads, slim handles, and improved ergonomics
  • Use of durable materials and technology to ensure comfort and safety

Strategic Mergers and Acquisitions

Mergers and acquisitions are also shaping the dental handpieces market. For instance, in August 2023, Nakanishi Inc. acquired DCI International to strengthen its position in the US dental market.

• Benefits of Acquisitions:
  • Expansion of product offerings and market reach
  • Enhanced quality of care and broader range of options for dentists
  • Synergy between companies to drive innovation and growth

Market Segmentation

The dental handpieces market is segmented by product type, speed, and end-user.

• Product Segments:
  • Hybrid Air-Electric Handpieces
  • Air-Driven Handpieces
  • Electric Handpieces
• Speed Segments:
  • High-Speed
  • Low-Speed
• End-User Segments:
  • Dental Clinics
  • Hospitals
  • Ambulatory Surgical Centers

Regional Insights

North America led the dental handpieces market in 2023, driven by high demand for dental care and advanced technologies. The region’s strong market position is expected to continue due to robust healthcare infrastructure and growing awareness of oral health.

• Key Regional Factors:
  • Advanced healthcare systems
  • High adoption of new dental technologies
  • Strong presence of key market players

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