Electric Handpiece Market Growth Analysis By Manufacturers, Regions, Component And End User 2022 to 2032
The Electric Handpiece Market refers to the industry that produces and supplies electrically-powered dental handpieces. A dental handpiece is a handheld tool used by dentists and dental professionals for various procedures, such as cutting, polishing, and shaping teeth.
Electric handpieces are an alternative to air-driven handpieces, which are powered by compressed air. Electric handpieces utilize an electric motor to generate rotational motion, providing dentists with more control and precision during dental procedures. They typically offer higher torque and smoother operation compared to air-driven handpieces.
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Electric handpiece sales are predicted to total US$ 448.4 million in 2022 before increasing at a 6.0% CAGR to US$ 803.8 million by the end of 2032. According to a recent study by Future Market Insights, low-speed dental handpiece devices will hold a share of approximately 59.9% of the worldwide electric handpiece market in 2021.
The market for electric handpieces has been growing steadily due to several factors. The advancements in technology have led to the development of more efficient and reliable electric handpieces, which has increased their popularity among dental professionals. The benefits of electric handpieces, such as reduced noise, improved torque control, and better ergonomics, have also contributed to their rising demand.
Advent of Telehealth and Virtual Care to Create Tailwind for the Electric Handpiece Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Electric Handpiece market.
Key Electric Handpiece Market Takeaways and Projections
- The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Electric Handpiece market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 and 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
- Based on Product, Motor Type, Technology, End-Users.anticipated to account for the lion’s share in the market, expanding at a remarkable CAGR during the forecast period.
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Report Benefits & Key Questions Answered
- Electric Handpiece Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Electric Handpiece It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Electric Handpiece Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Electric Handpiece As per the survey, ELECTRIC HANDPIECE sales will project steady growth over the forecast period.
- Electric Handpiece Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Electric Handpiece It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Electric Handpiece Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of Product, Motor Type, Technology, End-Users. It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
- Electric Handpiece Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Electric Handpiece market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Electric Handpiece market.
Some of the prominent market players are profiled by FMI are USA, Canada, Brazil, Mexico, Argentina, UK, Germany, Italy, Russia, Spain, France, BENELUX, India, Thailand, Indonesia, Malaysia, Japan, China, South Korea, Australia, New Zealand, Turkey, GCC Countries, South Africa.
Electric Handpiece Demand Analysis by Category
By Product:
- Low-Speed Dental Handpiece
- High-Speed Dental Handpiece
By Motor Type:
- Electric Brush Motor
- Electric Brushless Motor
By Technology:
- Fiber Optic Led Handpiece
- Push Button Dental Turbine Handpiece
By End-Users:
- Hospitals
- Dental Clinics
- Dental Academic and Research Institutes
- Ambulatory Surgical Centers
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa