 |
Global Dental Turbine Market Growth |
Dental turbines are a class of handpieces used in dental restoration procedures
such as cavity preparation, shaping, polishing and finishing of dental
restorations. They offer advantages such as high speed, precision cutting and
convenience to dentists. Growing consumer demand for aesthetic and cosmetic
dentistry has been driving the demand for various dental restoration
procedures. Procedures such as dental veneers, crowns, and root canal
treatments often utilize dental turbines for efficient shaping and contouring
of teeth.
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 24% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
The growing preference for cosmetic dentistry has been a major driver for the
dental turbine market. With rising affordability, people are increasingly
opting for procedures aimed at improving aesthetics of their smile rather than
just dental treatment. This has resulted in higher demand for dental veneers,
teeth whitening, bonding and contouring. Dental turbines are ideal instruments
for cosmetic procedures as they offer high precision required for shaping and
sculpting teeth to attain desired cosmetic results. Their compact size and
powerful operation also allows dentists to access small areas within the oral
cavity efficiently. Ongoing technlogical advancements have further enhanced the
versatility of dental turbines, enabling dentists to expand their scope of
aesthetic dental treatments. This rapid growth of the cosmetic dentistry
industry will continue boosting demand for high performance dental turbines in
the coming years.
Segment Analysis
The global dental turbine market is segmented on the basis of product type,
modality, and end-user. The product type segment includes the low speed dental
turbine and high speed dental turbine segments. Among these, the high speed
dental turbine segment accounts for the largest share. High speed turbines
provide enhanced cutting efficiency and precision and have higher rotational
speed, making them suitable for dental procedures like cavity preparation and
crown preparation that require rapid cutting.
Key Takeaways
Global
Dental Turbine Market Growth is expected to witness high growth during
the forecast period of 2023-2030. 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 24%
over the forecast period 2023 to 2030.
Regional analysis:
North America accounts for the largest share of the global dental turbine
market. This is attributed to the growing prevalence of dental diseases, rising
dental tourism in countries like Mexico and Costa Rica, and presence of major
players in the region. Asia Pacific is expected to witness the highest growth
during the forecast period owing to increasing patient pool, rise in disposable
income, improving healthcare infrastructure.
Key players:
Key players operating in the dental turbine market are BP Plc, Royal Dutch
Shell Plc, Total SE, Chevron Corporation, ExxonMobil Corporation, Engie SA, RWE
AG, ON SE, Vattenfall AB, Gazprom, Mitsubishi UFJ Financial Group (MUFG),
JPMorgan Chase & Co., Goldman Sachs Group, Inc., Citigroup Inc., Barclays
PLC. BP Plc and Royal Dutch Shell Plc hold a major share in the global market
due to their extensive distribution network and wide product portfolio.
Get More Insights On This Topic: https://www.ukwebwire.com/global-dental-turbine-market-trends/