Dental handpiece market to hit $1 6 billion by 2022

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Dental Handpiece Market to Hit $1.6 Billion by 2022 Author: Ma ying Company: QYResearch Date: 2017/5/02

The global dental handpiece market will reach $1.635 billion by 2022, increasing at a compound annual growth rate (CAGR) of nearly 5%, according to QYResearch.

Specifically, air-driven handpieces will experience moderate growth through 2022 and account for the largest share of the overall market. In 2016, for example, they represented 66% of all handpieces.

The aging population and increases in oral diseases are driving this growth. Also, air-driven handpieces have benefitted from advanced brushless motors and a variety of contra-angle attachments.

North America is dominating the global dental handpiece market, followed by Europe, because these regions have a well-established medical devices industry.

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Also, emerging countries in the Asia-Pacific region like China is expected to witness a significant growth rate because of a rise in disposable income and development of healthcare infrastructure.

The data of QYResearch’s <Global Dental Handpiece Market 2017 Industry Trend and Forecast 2022> shows that, electric handpieces also will see steady growth from $297 million in 2016 to $405 million in 2022 to take the second largest share of the overall market. Their greater than 6% CAGR will be enabled by improvements in torque, design, and materials in both North America and emerging markets.

Hybrid handpieces use electric and air technologies for greater efficiency to reduce chairside time in removing hard tissue, and for less weight. They held 10% of the global market in 2016 and are expected to reach $238 million by 2022, growing at a 7.93% CAGR.

Market competition is not intense. Danaher, Dentsply Sirona, NSK, Morita, A-Dec, W&H, Bien-Air, SciCan, DentlEZ etc. are the leaders of the industry, with high-end customers in the industry.

This article was first released by QYResearch analyst, if reproduced, please indicate the source. Media Contact:press@qyresearch.com Analyst :maying@qyresearch.com

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