#Global #Dental #Handpieces #Market #Expected #Reach
Portland, OR, Oct. 22, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global Dental Handpieces Market generated $1.6 billion in 2021, and is estimated to reach $2.7 billion by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Market Size in 2031 | $2.7 Billion |
| CAGR | 5.5% |
| No. of Pages in Report | 278 |
| Segments covered | Complete Handpiece, Handpiece Component, End User, and Region |
| Drivers | Rise in prevalence of dental caries and dental diseases |
| Increase in demand for root canal treatment | |
| Surge in disposable income among consumers of developing nations | |
| Rise in geriatric population | |
| Rise in adoption of key strategies, such as collaboration, acquisitions, agreements, partnerships, launches, and product approvals | |
| Restraints | Limited reimbursement for dental procedures |
| High cost of root canal treatment |
Covid-19 Scenario:
- The COVID-19 outbreak had a negative impact on growth of the global dental handpieces market. A huge number of clinics and hospitals across the globe were restructured to increase the hospital capacity for the patients diagnosed with COVID-19.
- As dental surgeries are non-emergency procedure, dental surgeries were less prioritized, thereby reducing the demand for dental handpieces.
- With the pandemic receding, the market is back on its way to recovery.
The report offers detailed a segmentation of the global dental handpieces market based…
Read on GNW: Global Dental Handpieces Market Is Expected to Reach $2.7
