Global Dental Handpieces Market Grows Steadily at a CAGR of 5.8%

Introduction

Dental handpieces, also called drills, are mechanical devices used to execute various basic dental procedures, including removing cavities, cleaning fillings, performing cosmetic dentistry, and changing prostheses. A shaft is connected to an electric motor in dental handpieces via gears and burs. Internal mechanical components of the handpiece initiate a rotational force and power the cutting instrument, which is typically a dental burr. In the clinical setting, various types of equipment will be utilized depending on the required function of the dental procedure.

Some handpieces typically include a light source and a water-spray cooling system; this enhances vision, precision, and the overall success of the procedure. These handpieces make the most challenging endodontic, surgical, and restorative procedures feasible. Unlike specialized handpieces, which are only appropriate for specific procedures, some are designed for various common applications.

Market Dynamics

Rising Incidence of Dental Diseases and Growing Dental Tourism Drives the Global Market

Oral diseases are extremely prevalent worldwide, posing a significant threat to public health. The burden of oral illnesses significantly increases due to demographic changes, including population expansion and aging. In addition, consumption of sugar, alcohol, and tobacco, as well as their underlying social and economic determinants, are risk factors for oral diseases. Furthermore, globalization has made dental tourism a significant source of revenue in developing nations, particularly Asia-Pacific, which may increase demand for dental headpieces. Due to lower costs, no wait times, short treatment times, and the ability to combine treatment with travel to exotic locations and procedures that are illegal in the native country, dental tourism is on the rise. In addition, as dental handpieces are essential for various common dental procedures, such as decay removal, cosmetic dentistry, refining fillings, and modifying prostheses, the demand for this equipment will increase over the coming years.

Growing Burden of Oral Healthcare Creates Tremendous Opportunities

The burden of oral diseases, which includes dental decay (the most prevalent chronic disease worldwide), periodontal disease (a common but preventable oral condition), and oral cancer, is largely ignored (a challenge to public health in many countries). The high prevalence of oral diseases represents an underappreciated public health challenge for nearly all nations. Therefore, increasing awareness of the need to address the burden of oral diseases and meticulously incorporating oral health and disease indicators into regular disease surveillance and epidemiological monitoring are key growth opportunities for the dental handpiece market.

Regional Analysis

North America is the most significant global dental handpiece market shareholder and is anticipated to exhibit a CAGR of 4.74% during the forecast period. The dental handpiece market in the North American region is expanding swiftly due to the rising number of patients and the increased healthcare spending by public and private participants in healthcare systems. According to the CMS (Office of the Actuary) report, the United States spent USD 3.5 trillion on healthcare in 2017. In 2019, this number increased to approximately USD 3.8 trillion. Thus, creating multiple patient-care facilities in hospitals and clinics has significantly increased healthcare expenditures.

In addition, the widespread adoption of technological advancements in dental equipment, continuing positive demographic trends, and heightened consumer awareness of the connection between oral hygiene and overall health all contributed to market growth in the area. In addition, with the rapid development of Medicare facilities, the demand for novel dental treatments has increased, contributing to the market's growth over the forecast period.

Europe is estimated to exhibit a CAGR of 4.47% over the forecast period. Due to the surging geriatric population and increased funding for constructing and enhancing oral healthcare facilities, Europe dominates the market for dental consumables. Europe has the highest proportion of individuals aged 60 or older (25 percent). Age-related diseases and the increasingly aging population are anticipated to contribute to expanding the European dental handpiece market. According to the Organization for Economic Cooperation and Development (OECD), the average healthcare expenditure per capita in Switzerland in 2018 was approximately USD 7,317, while in Denmark, it was approximately USD 5,299. Therefore, these factors are estimated to boost the market for dental handpieces. The growth of the dental handpiece market is also fueled by the increasing prevalence of numerous dental diseases in Europe and the transition towards preventative healthcare.

Key Highlights

• The global dental handpiece market was valued at USD 1,834.36 million in 2022. It is estimated to reach USD 3222.97 million by 2031, growing at a CAGR of 5.8% during the forecast period (2023–2031).
• Based on product, the global dental handpiece market is divided into hybrid air-electric handpieces, air-driven handpieces, and electric handpieces. The air-driven handpieces segment is the most significant contributor to the market and is estimated to exhibit a CAGR of 4.63% over the forecast period.
• Based on speed, the global dental handpiece market is segmented into high-speed and low-speed. The high-speed segment owns the highest market share and is expected to grow at a CAGR of 5.19% during the forecast period.
• Based on end-user, the global dental handpiece market is bifurcated into dental clinics, hospitals, and ambulatory surgical centers. The dental clinic segment dominates the global market and is expected to grow at a CAGR of 5.13% over the forecast period.
• North America is the most significant global dental handpiece market shareholder and is anticipated to exhibit a CAGR of 4.74% during the forecast period.

Competitive Players

Competitive Players

The key players in the global dental handpieces market are Nakanishi Inc., DENTSPLY SIRONA Inc., Dentatus AB, KaVo Dental GmbH, Inovadent, A-dec, Inc., Being Foshan Medical Equipment Co., ltd., Dentamerica Inc., Medidenta, and Dentflex.

Recent Developments

Market News

• In March 2023, DCI and NSK offered handpiece bundles with a one-year warranty extension and additional savings. A press release states that DCI is a manufacturer of dental parts, whereas NSK is a manufacturer of dental rotary instruments. The two companies have collaborated to offer a comprehensive selection of DCI Edge delivery units and a selection of NSK electric and air-driven handpiece bundles straight from the manufacturer.
• In May 2023, J. MORITA USA, the global authority in Endodontics, introduced the Tri Auto ZX2+, an updated endodontic handpiece with an integrated apex locator. This cordless unit now supports reciprocation files, and its Optimum Glide Path 2 (OGP2) mode further improves safety and usability.

Segmentation