New York, NY -- (SBWIRE) -- 05/28/2019 -- Market Size – USD 962.2 Million in 2018, Market Growth – CAGR of 7.1 %, Market Trends – Product Launches and Research for Advanced Tech Developments
Based on current analysis, the Global dental hand tools market was valued at USD 962.2 Million in 2018 and is anticipated to reach USD 1665.5 by 2026, at CAGR of 7.1% Oral diseases are causing major public health related issues due to their high prevalence worldwide. Dental hand tools play a vital role in the treatment undertaken for curing and preventing oral cavities. Dental hand tools are tools used by dental professionals to execute and identify a dental treatment. These dental hand tools are used to treat, examine, restore, remove teeth and surrounding oral structures. By product, dental tools are classified in to two categories, namely, cutting instruments and examination instruments.
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Cutting instruments have sharp cutting edges and are used in operative industry while examination instruments are used to have better visual contact to examine the internal structure of the mouth during treatment or oral dental examination. Increasing number of dental clinics and practitioners, increasing awareness for oral health care has contributed to be as drivers of the dental hand tools market. Technological advancements in imaging and radiology has further fueled high demand of dental hand tools market. The global dental hand tools market has widely spread its scope and is based on clinical trials, new product launches, market initiatives, high funding of research and development, collaborations, acquisitions and other factors to leave a significant ranking in the market.
Key findings of Dental Hand Tools Market
- Through the use of digital hand tools, dentists obtain high quality dental impressions that can improve quality of treatment. An intraoral scanner provides digital dental impressions. The product is named TRIO 3 and makes scanning of teeth quicker, comfortable and accurate which help dental professionals to take better treatment decisions
- UltraDent Products, Inc has launched North America's first ever dual-wavelength soft tissue diode laser, named, Gemini 810+980 diode laser. This tool is for use in intraoral and soft tissues procedures. Inclusion of customized settings and simple interface makes the tool easy to use
- The most proportion of dental hand tools are used in hospitals. The consumption proportion is estimated to be 69.0 % during the forecast period
- Increasing cases of dental caries and oral disease, increasing number of practitioners and technological developments are the key factors contributing towards the market growth. Poor oral hygiene, unhealthy diet and excessive consumption of tobacco mainly lead to generation of cavities resulting into dental disorders and oral health issues
- In year 2018, Seikowave Dental, a developer of 3D imaging platform has been succeeded in raising USD 1.2 million in a new round of equity financing for dental hand tools market
- The association of profiled players is one of the primary drivers of the market growth. Government grants and funding are expected to affect the growth of the dental hand tools positively
- Europe holds maximum % share in the global market and is projected to remain chief in the forthcoming years. Rising dental care, increasing dental industry, growing awareness regarding dental health and hygiene are likely to upheave global dental hand tools market
- The intensifying expenditure in preventive oral care is major factor responsible for the overall progress dental hand tools market. Besides, factors such as chewing tobacco, eating un-healthy food, not brushing your teeth properly, etc., are predicted to fuel demand for dental services and naturally, this will help dental hand tools market grow consistently
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Segments covered in this market study
This report forecasts revenue growth at a global, regional and country level also, provides an analysis on the industry trends in each of the sub segments from 2016 to 2026. For the purpose of this study, the global dental hand tools market is segmented on the basis of product types and its sub-sections, applications and regions:
Product Type (Revenue, USD Million; 2016–2026)
- Cutting Instruments
- Excavators
- Chisels
- Examination Instruments
o Dental Mirrors
o Probe
- Other Instruments
End Use/Applications (Revenue, USD Million; 2016–2026)
- Hospitals
- Dental Clinics
- Research Instruments/Universities
- Others
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
o U.S.
o Canada
- Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of the Europe
- Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- Middle East & Africa
- Latin America
o Brazil
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