DENTAL TURBINE MARKET ANALYSIS

Dental Turbine MarketSize and Trends

The global dental turbine market is estimated to be valued at US$ 115.9 million in 2023 and is expected to exhibit a CAGR of 13.9% during the forecast period (2023-2030).

Global Dental Turbine Market – Driver

Increasing awareness for oral health hygiene among the people

 The factors such as increasing prevalence of oral diseases and increasing awareness of oral health hygiene among the people contributes to more visits to the dentist, contributing to the growing demand for dental turbine over the forecast period. For instance, in September 2021, according to data provided by the Natinal Library of Medicine, From a total of 14,319 dental visits, 5,671, 5,036, and 3,612 visits occurred in 2018, 2019, and 2020, respectively. The mean (standard deviation) frequency of daily visits was 36.69 (15.64), 32.09 (15.51), and 24.24 (14.78), respectively

Global Dental Turbine Market Cross Sectional Analysis:

In speed segment, high speed holds a dominant segment in North America region due to the increasing organic growth strategies such as product launches by key players in the region is expected to drive the segment growth over the forecast period. For instance, in February 2020, J. MORITA USA, a manufacturer and distributor of dental equipment, announced the launch of the TwinPower Turbine high speed handpiece product. This expansion gives customers additional options to experience TwinPower’s unique features at a lower price point

Market Trends

Increasing inorganic growth strategies such as acquisition by key players in the market is expected to drive market growth over the forecast period. For instance, in October 2021, Vista Apex, a leader in endodontic and restorative solutions, announced the acquisition of Palisades Dental LLC., the manufacturer of the Impact Air 45 high-speed handpiece.