The global Dental Turbine Market is estimated to be valued at US$ 115.9 Mn in 2023 and is expected to exhibit a CAGR of 13.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dental turbines are high-speed handpieces used by dentists during procedures like cutting, shaping and polishing teeth. They produce rotational motion from compressed air allowing dentists to work safely and efficiently. The turbines come equipped with a contra angle head that allows enhanced control and greater access to treatment areas. Their versatility, precision and ergonomic design make them a preferred solution for a variety of procedures. With advancements like improved speed controls, better ergonomics and LED lights, modern turbines offer dentists greater control, visibility and ease of use. This is driving their increased adoption over other dental handpiece technologies.
Market key trends:
One of the key trends in the dental turbine market is the growing popularity of LED-lit and fiber optic turbines. LED lights provide better illumination of the oral cavity compared to halogen lights, allowing for more precise procedures. Fiber optic technology transmits light more efficiently along slimmer handpieces for optimized illumination. Manufacturers are also focusing on enhancing ergonomics, speed controls and durability of turbines. Wireless technologies that eliminate water lines are another emerging trend. Strong demand from educational institutions and corporate dental clinics is also fueling market revenues. Advanced turbines with supplementary features like piezo-scaling and air abrasion are further expanding application scope.
Porter's Analysis
Threat of new entrants: The Dental Turbine Market Growth requires high initial investment costs for R&D, manufacturing facilities, and product approval procedures which poses a barrier for new companies.
Bargaining power of buyers: The bargaining power of buyers is moderate as the market is fragmented with presence of many global and regional players. Buyers can negotiate on pricing but quality and innovations are also important decision factors.
Bargaining power of suppliers: The bargaining power of suppliers is low due to availability of component suppliers. However, supplier concentration is moderate for certain components which can impact supplier bargaining power.
Threat of new substitutes: There is low threat from substitutes as dental turbines have no close substitute with similar efficiencies for dental procedures. Developments in technologies may bring newer substitutes but turbine's established market position offers advantages.
Competitive rivalry: Intense competition exists between major global brands and local manufacturers in pricing and product innovations.
Key Takeaways
The global dental turbine market size is expected to witness high growth, exhibiting CAGR of 13% over the forecast period, due to increasing prevalence of dental diseases and rising dental tourism.
Regionally, Asia Pacific dominates the global market and is estimated to grow at fastest pace owing to rapidly growing geriatric population suffering from various oral health issues and increasing medical tourism in countries such as India, Thailand and Malaysia. China represents major opportunities with increasing oral healthcare expenditure.
Key players operating in the dental turbine market are KaVo Dental, Nakanishi inc., Foshan Gladent medical instrument Co.,Ltd, TEALTH FOSHAN MEDICAL EQUIPMENT CO., LTD, Chirana, coxo Medical Instrument Co., Ltd., Dabi Atlante, Carlo De Giorgi, Henry Schein, Inc., DENTALEZ, Inc., Aseptico Inc., Sinol Dental Limited., Guilin Woodpecker Medical Instrument Co.,Ltd., MDK Dental, Beyes, NINGBO HPDOVE DENTAL INSTRUMENTS CO., LTD., Ivoclar Vivadent Pty Ltd. Major players are focusing on new product launches and geographic expansion to enhance their market presence.
Read More: https://www.rapidwebwire.com/dental-turbine-market-scope/
COVID-19 Impact Analysis on Dental Turbine Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2019-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Dental Turbine include DentalEZ, Nakanishi Inc., BA International, Dentsply Sirona, Inc., Bien Air, W Group, Guilin Woodpecker Medical Instrument Co., Ltd., The Yoshida Dental Mfg.
Co., Ltd, A-dec, Inc., Danaher Corporation..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Dental Turbine Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dental-turbine-market/download-sampleMarket SegmentationThe broad Dental Turbine has been sub-grouped into the Speed, End-User and Region.
