Dental Turbine Market is Estimated to Witness High Growth Owing to Increasing Demand for Dental Procedures

Industrial
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Dental turbines are commonly used in dental clinics for a variety of applications including dental cavity preparation, dental crown preparation, dental prophylaxis and endodontic procedures.

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 13.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The dental turbine has emerged as an efficient alternative for air-driven high-speed handpieces and electric low-speed handpieces used traditionally for dental procedures.

Market Dynamics:
Increasing demand for dental procedures is estimated to be the major driver of the dental turbine market growth over the forecast period. Rise in geriatric population who are more prone to dental diseases and conditions like dental caries, periodontal diseases has fueled the demand for dental procedures thus boosting the turbine market. According to American Dental Association, approximately 200 million dental procedures are conducted every year in the United States. Technological advancements in dental turbines offering better efficiency, control and grip to dentists is estimated further fuel the market growth over the forecast period.

SWOT Analysis

Strength: The dental turbine market has strong growth potential due to increasing prevalence of dental diseases. Rise in awareness regarding oral healthcare and availability of private dental insurance further boost the market. Advanced turbine systems provide high precision and efficiency in dental procedures.

Weakness: High costs associated with dental turbines and maintenance can restrain its adoption in low income countries. Lack of reimbursement policies in developing nations pose challenges.

Opportunity: Growth opportunities lie in untapped emerging markets of Asia Pacific and Latin America. Launch of affordable products specifically designed for community clinics expands the customer base. Rising medical tourism in Asia Pacific promotes the market.

Threats: Increased popularity of alternatives like laser dentistry and risks of turbine failure or accidents can negatively impact the market. Prices of raw materials are subject to fluctuations.


Key Takeaways

The Global Dental Turbine Market Size is expected to witness high growth at a CAGR of 13.9% during the forecast period of 2023 to 2030. The market size is projected to reach US$ 115.9 Mn by 2023.

Regional analysis: North America dominates currently due to developed healthcare infrastructure and high patient awareness. Asia Pacific is anticipated to offer lucrative opportunities owing to growing medical tourism and rising healthcare expenditures. Additionally, presence of key market players in China and India boosts regional market prospects.

Key players: 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., and Ivoclar Vivadent Pty Ltd. Key players are focused on launching advanced and affordable turbine systems to expand their customer base.

For More Insights, Read: https://www.trendingwebwire.com/dental-turbine-market-trends-growth-and-regional-outlook-2023-2030/