Automated Dental Care System Market Is Estimated To Witness High Growth Owing To Opportunity Reduced Treatment Time And Improved Effectiveness

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Automated dental care systems, also known as dental turbines, are miniature high-speed electric motors equipped with hand pieces or attachments used in dental procedures such as dental cavity preparation and root canal treatment. Automated dental care systems offer increased control, speed, and precision compared to traditional dental hand pieces and improve clinical outcomes and patient comfort. The increasing prevalence of tooth decay and other dental diseases is propelling the demand for automated and advanced dental treatment procedures. Automated dental care systems allow dental professionals to efficiently perform procedures that require high-speed cutting or grinding such as cavity preparations and crown preps, thus reducing treatment time.

The global Automated dental care system 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 Opportunity:
Reduced treatment time and improved effectiveness provide a strong market opportunity for automated dental care systems. Using automated dental care systems rather than traditional low-speed hand pieces enables dental professionals to complete cavity preparations, crown preps, and other procedures involving cutting or grinding of hard dental tissues more quickly. This translates to reduced time that patients have to spend in dental chairs undergoing uncomfortable treatments. Automated dental care systems also provide more consistency and precision compared to low-speed hand pieces, allowing dental professionals to precisely shape dental tissues and complete procedures more effectively in fewer visits or interventions. The time and cost savings for both dental professionals and patients are driving increased adoption of automated dental care systems.

Porter’s Analysis
Threat of new entrants: The Global Dental Turbine Market Scope is moderately difficult to enter due to high capital requirements and strong brand loyalty of existing customers towards established brands. However, low differentiation and availability of substitutes poses a moderate threat from new entrants.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and undifferentiated products. However, switching costs are significant which reduces the threat from buyers.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power as there are many raw material suppliers. However, some key components have few dedicated suppliers which increases their bargaining power.
Threat of new substitutes: Threat from substitutes is moderate to high as micromotors, ultrasonic scalers, and handpieces are used as alternatives. Substitutes offer differentiated benefits.
Competitive rivalry: The global market is moderately competitive due to strong presence of few international brands.

SWOT Analysis
Strengths
: Established brand names, strong distribution channels, continuous innovation in product design.
Weaknesses: High R&D costs, pricing pressures from local players, dependence on skilled professionals.
Opportunities: Growing demand for cosmetic and root canal procedures, rise of medical tourism in developing nations, untapped rural markets.
Threats: Stringent regulations, reimbursement cuts, shifting preference towards low-cost alternatives.

Key Takeaways
The global dental turbine market is expected to witness high growth at a CAGR of 24% during the forecast period of 2023-2030. The rising demand for cosmetic and non-invasive procedures is expected to drive the market.
Regional analysis: North America dominates the global market with the largest share of 40% in 2024 primarily due to the strong presence of leading turbine manufacturers and availability of skilled professionals. Asia Pacific is expected to witness the fastest growth during the forecast period supported by increasing medical tourism and growing dental issues.
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. and Citigroup Inc. Barclays PLC. These players are focusing on developing innovative turbine models and partnerships with dental colleges to strengthen their presence.
 

Get more insights on this topic: https://www.newsstatix.com/dental-turbine-market-size-and-share-analysis-growth-trends-and-forecasts-2023-2030/