According to the latest market study released by Technavio, the global dental handpiece market is projected to reach USD 1,429 million by 2019, growing at a CAGR of close to 5 per cent.
This research report titled ‘Global Dental Handpiece Market 2015 to 2019’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up-to-date analysis and forecasts for various market segments and all geographical regions.
The report categorises the global dental handpieces market into three major product segments. They are:
- Air-driven handpieces
- Electric handpieces
- Hybrid handpieces
Global air-driven handpiece market
Technavio research analysts expect the global air-driven handpieces market to witness a moderate growth rate during the projected period accounting for the maximum share in the global dental handpiece market. Air-driven handpieces are the most widely used handpiece in dental treatment. The market is primarily driven by an ageing population and the rising prevalence of oral diseases globally. Air-driven handpiece have maintained their popularity and gained significance with advanced brushless motors and different variety of contra-angle attachments. The air-driven dental handpiece market accounted for about 68 per cent share in the global dental handpiece market in 2014.
“North America is dominating the global air-driven handpiece market followed by Europe because these regions have a well-established medical devices industry. Also, emerging countries in APAC like China and India are expected to witness a significant growth rate because of rise in disposable income and development of health care infrastructure,” says Barath Palada, a lead analyst at Technavio for orthopaedics and general medical devices.
Global electric handpiece market
The global electric handpiece market is expected to witness a steady growth rate during the forecast period accounting for the second-largest share of the global dental handpiece market. Innovative improvements in the fields of torque light, design and materials are also contributing to the popularity of electric handpieces in North America. Also, these devices have become popular in developing and emerging markets. “The trend toward electric handpiece was first started in Europe. The primary reasons driving these devices’ popularity are the functionality and operability, and ease of installation and greater efficiency in terms of usage,” says Barath.
Technavio’s report estimates the global electric handpiece market to grow from USD 248.6 million in 2014 to USD 320.3 million by 2019, growing at a CAGR of over 5 per cent.
Global hybrid handpiece market
Hybrid handpiece utilise the technology used both in electric and air-driven handpiece. This has resulted in hybridisation with some of the better benefits found in both categories including increase in efficiency, reduced chair-side time for removal of hard tissue, and lighter weight than electric handpiece. The hybrid handpieces market accounted for a 10 per cent share in the global dental handpiece market in 2014. The market is projected to reach USD 159.4 million by 2019, growing at a CAGR of over 7 per cent.
The top vendors highlighted by Technavio’s research analysts in this report are:
- DENTSPLY
- KaVo Dental
- NSK
- Sirona
