July 4, 2024
Dental Turbine Market

The Dental Turbine Market Driven by Increased Demand for Dental Treatment Procedures

The dental turbine market has seen significant growth in recent years driven by the increased demand for dental treatment procedures globally. Dental turbines are used in dental procedures like cavity preparation, tooth removal, preparation of root canals, and various cleaning and polishing procedures. They offer precision cutting and drilling with high rotational speeds required for various dental treatments. Dental turbines are ergonomically designed and easy to handle, helping dentists perform procedures efficiently. They are available in a range of models with features like different attachment sizes, auto start and auto stop functions, speed controls.

The global dental turbine market is estimated to be valued at US$ 115.9 Mn in 2023 and is expected to exhibit a CAGR of 13.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Key Trends:

One of the key trends in the dental turbine market is the growing adoption of multipurpose dental turbines. Multipurpose turbines offer versatility by functioning with different attachments required for multiple dental procedures. They help dentists save costs by reducing the need to purchase separate turbines for different tasks. Another key trend is the increasing demand for turbines with LED lights and video capabilities. Incorporating such advanced features enables improved visualization and documentation of dental procedures. Their use enhances patient experience and care. Manufacturers are focusing on developing turbines integrated with the latest technologies to meet the evolving needs of dentists and patients.

Porter’s Analysis

Threat of new entrants: Low barriers to entry and possibility of economies of scale limit the threat. The market is well established with key global players.
Bargaining power of buyers: Multiple brands and availability of substitutes provide bargaining power to buyers. However, quality and specialized services increase switchin costs.
Bargaining power of suppliers: Major players source from few suppliers increasing their bargaining power. However, availability of substitutes balances their influence.
Threat of new substitutes: Substitutes like ultrasonic scalers and laser systems pose threat. However, cost effectiveness and varied applications maintain turbine demand.
Competitive rivalry: Intense competition due high fragmentation. Key players focus on product innovation, quality and customer experience to gain market share.

Key Takeaways

The Global Dental Turbine Market Size is expected to witness high growth over the forecast period supported by growing prevalence of dental diseases, rising dental tourism and increasing dental expenditures.

Regional analysis: North America dominated the market in 2022 due to growing dental care awareness, availability of advanced products and presence of key players in the region. Asia Pacific is anticipated to witness fastest growth supported by growing geriatric population, increasing dental tourism and rising healthcare expenditures in the region.

Key players: Key players operating in the dental turbine market are KaVo Dental, Nakanishi inc., Foshan Gladent medical instrument Co.,Ltd, TEALTH FOSHAN MEDICAL EQUIPMENT CO., LTD, Chirana, coxo Medical Instrument Co., Ltd., Dabi Atlante, Carlo De Giorgi, Henry Schein, Inc., DENTALEZ, Inc., Aseptico Inc., Sinol Dental Limited., Guilin Woodpecker Medical Instrument Co.,Ltd., MDK Dental, Beyes, NINGBO HPDOVE DENTAL INSTRUMENTS CO., LTD., Ivoclar Vivadent Pty Ltd. These players focus on new product launches, partnerships and acquisitions to gain market share.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it