Global Dental Laboratory Handpiece Market to Grow by a CAGR of ~10% during 2022 – 2030; Growing Prevalence of Oral Diseases to Propel the Market Growth

Research Nester published a report titled “Dental Laboratory Handpiece Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global dental laboratory handpiece market in terms of market segmentation by type, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global dental laboratory handpiece market is estimated to grow at a CAGR of ~10% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of end-user into laboratory, hospital, dental clinics, and others, out of which the dental clinics segment is anticipated to gain notable market share over the forecast period. The segment growth can be attributed to the high demand for dental laboratory handpiece in dental clinics, backed by higher dental patient footfall. Moreover, dental clinics provide specifically oral treatment, which is estimated to boost the segment growth.

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The global dental laboratory handpiece market is projected to grow on the back of high demand for laboratory handpiece for heavy-duty grinding. Moreover, the rising prevalence of oral disorders, is estimated to boost the market growth. The World Health Organization (WHO) estimated that 3.5 billion people suffer from oral diseases, while 2.3 billion people suffer from dental caries in their permanent teeth globally. Furthermore, growing awareness regarding oral health is further estimated to boost the market growth.

On the basis of geographical analysis, the global dental laboratory handpiece market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of high prevalence of oral issues in the region. According to the data by the Center for Diseases Control and Prevention (CDC), in the U.S. over 64.9% adults visited a dentist at least once in 2019.  Moreover, high awareness amongst the population in the region, along with efficient healthcare sector is estimated to boost the market growth.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Increasing Prevalence of Oral Issues likely to boost the Market Growth

According to the data by the WHO, in most high-income countries, dental treatment results in around 5% of total health expenditure annually.

The rising incidences of dental issues, backed by poor eating habits, such as, consumption of fast food and carbonated drinks, excessive smoking and drinking, and others, are estimated to boost the market growth globally. Dental laboratory handpieces are used for various oral treatment procedures, including dental cleaning, scaling, and others. Such applications of dental laboratory handpieces are estimated to boost the market growth.

However, lack of enough number of dentists in underdeveloped countries is expected to operate as key restraint to the growth of global dental laboratory handpiece market over the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global dental laboratory handpiece market which includes company profiling of W&H Dentalwerk International, TeKne Dental srl, MTI Dental, Dentflex, Saeyang Micro Tech Co. Ltd., MVK-line GmbH, Envista Holdings, Promident Llc, NOUVAG AG, and Zubler Gerätebau GmbH. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dental laboratory handpiece market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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