Electric Operated Dental Drill Market Size, Industry Share and...

Electric Operated Dental Drill Market Size, Industry Share and Forecast, 2030

Posted 2024-03-14 13:59:13

Electric Operated Dental Drill Market

The global Electric Operated Dental Drill Market was valued at $450 million in 2022, and is projected to reach $750 million by 2030, growing at a CAGR of 4.5% from 2023 to 2030.

Electric Operated Dental Drill Market: Overview

The dental tool that is currently utilized in practice the most is the drill or handpiece. It is a handheld device that is typically used for several dental operations, including cleaning, replacing dental prosthesis, polishing fillings, and removing cavities. Electric-operated dental drills have become extremely popular and widely accepted worldwide due to advancements in technology. An electric motor powers the burst's rotation and cutting action in electrical dental drills. Because of their stable speed, these drills tend to generate a smoother and more precise cutting edge and offer a consistent torque that does not decrease with resistance or increased load.

Electric Operated Dental Drill Market

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Electric Operated Dental Drill Market : Growth factors

Greater access to dental care services will be made possible by an increase of dentists worldwide, but the demand for electric dental drills will be driven by an aging population and an increase in the prevalence of dental problems. The need for electric dental drills in dental operations will continue to be driven mostly by rising knowledge of dental problems and concerns about maintaining oral health. One benefit of electrical dental drills is that they can set a fixed, steady speed and provide a great degree of preparation flexibility.

An further significant factor is the growing inclination of dentists to employ electrically powered dental drills for various surgical, non-surgical, and associated operations. Furthermore, it is projected that demand for branded, technologically advanced systems would rise from end users including hospitals, dental offices, and ambulatory surgery centers, particularly in Europe.

Availability of superior alternatives techniques and cost-intensive dental instruments may shape long- term hurdles for the increasing sales of electric driven dental drill market. Absence of social health insurance and limited government reimbursement policies in underdeveloped nations can hinder the growth of worldwide electric operated dental drill market.

Electric Operated Dental Drill Market: Segmentation

The market is segmented on the basis of Type – high-speed drills and low-speed drills; by Technology – Fiber optic LED drill, Push button dental turbine drill; by End user – Hospitals, clinics, ambulatory surgical centers.

Electric Operated Dental Drill Market: Regional Analysis

In terms of revenue, North America is the leading market for the year 2017 owing to higher oral-health related problem awareness and a substantial ageing population. China and India are projected to have higher growth rates in the fast growing Asian market during the forecast period. Developing countries in the Asia-Pacific region are likely to register exceptional growth over the forecast period. This growth is anticipated due to an expanding pool of patients, rising urbanization, increasing awareness among the population and increasing government funding for healthcare.

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Electric Operated Dental Drill Market: Competitive players