by Dental turbine is a handpiece instrument used in dentistry for cleaning, shaping, cutting and polishing of teeth. It consists of a high-speed turbine motor and various types of attachments such as straight and contra-angle handpieces used for procedures including cavity preparation, crown and bridge work, implants, tooth carving and polishing. The growing cases of dental disorders and rising awareness about oral hygiene are majorly fueling the demand for advanced dental treatments. Moreover, the trend of cosmetic dentistry is gaining immense popularity among individuals to enhance their smile and physical appearance. This is expected to facilitate the dental turbine market growth during the forecast period.
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 Dynamics:
The growing demand for cosmetic dentistry treatments is one of the major drivers of the dental turbine market. With increasing expendable incomes, people are willing to spend more on aesthetic and restorative dental procedures such as teeth whitening, veneers, crowns and dental implants. This is increasing the utilization of dental turbines during these specialized treatments. Moreover, technological advancements in dental turbines such as incorporation of LED curing light and autoclavable features are also fueling their adoption. Leading manufacturers are focusing on development of innovative models with compact size, lightweight ergonomic designs and advanced speed controls. This is further expected to support the market growth over the forecast period.
Segment Analysis
The Dental Turbine Market Analysis is dominated by the high-speed segment which accounts for over 70% of the market share. This is because high-speed turbines provide enhanced working conditions for dentists by delivering more torque or rotational force allowing efficient cutting of tooth structures. They can attain rotational speeds between 150,000-400,000 rpm which is ideal for processes like cavity preparation, crown preparation, root canal treatment etc.
PEST Analysis
Political: Dental healthcare reforms in various countries are focusing on improving access to dental care which is positively impacting the dental turbine market. For example, the introduction of National Health Service in the UK provides free dental care to children.
Economic: Rising disposable incomes in developing nations is increasing spending on dental care and procedures requiring dental turbines. Additionally, growing geriatric population prone to dental issues is driving demand.
Social: Increasing awareness about oral health and emphasis on white teeth appearance among consumers is propelling the number of dental consultations and treatments like root canal which use dental turbines.
Technological: Manufacturers are focusing on product innovations like developing lightweight and ergonomic turbine handpieces for enhanced grip, comfort and performance. Introduction of features like scalers, LED curing lights is further increasing adoption.
Key Takeaways
The global dental turbine market is expected to witness high growth at a CAGR of 24% during the forecast period of 2023 to 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 dominates currently due to early adoption of new technologies and procedures in the region. However, Asia Pacific is expected to grow at the fastest pace attributed to rising medical tourism and expenditure on dental healthcare in nations like India, China and Japan.
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. These companies are focusing on product launches and partnerships to consolidate their position in the market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Vaagisha Singh
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups. LinkedIn
