“Global Dental Polishing Machine Market to reach a market value of USD 5.7 Billion by 2031 growing at a CAGR of 5.9%”
The Global Dental Polishing Machine Market size is expected to reach $5.7 billion by 2031, rising at a market growth of 5.9% CAGR during the forecast period.
North America boasts a highly developed healthcare infrastructure with a strong emphasis on dental care. Thus, the North America region acquired 43% revenue share in the market 2023. Dental clinics and facilities across the region prioritize the integration of advanced dental equipment, including polishing machines, to enhance treatment outcomes and patient satisfaction. North America has one of the highest healthcare expenditure levels globally, including dental care. This investment supports adopting state-of-the-art dental technologies and equipment in dental practices, ensuring access to the latest advancements in dental polishing and other dental procedures.
As more people become aware of the importance of maintaining good oral hygiene, there is a shift towards preventive dental care. Regular dental check-ups and leanings, which often include polishing, are key components of preventive care.
Additionally, dental tourism involves individuals traveling to foreign countries to receive dental treatments at lower costs than in their home countries. This trend has significantly increased the demand for dental services, including routine cleanings and polishing treatments. Therefore, expansion of dental tourism is driving the growth of the market.
However, advanced dental polishing machines often come with a high initial purchase price. This can be a significant financial burden for small and mid-sized dental practices, deterring them from investing in new equipment. Hence, the high cost of advanced equipment is hindering the market's growth.
Dental professionals were cautious about adopting new technologies and making capital expenditures during uncertain economic conditions. This hesitation stemmed from financial uncertainties and the need to prioritize immediate operational needs. Thus, the COVID-19 pandemic had a negative impact on the market.
Based on machine type, the market is divided into electric polishing machine, handheld polishing machine, and others. In 2023, the handheld polishing machine segment garnered 41% revenue share in the market. Handheld polishing machines offer dental professionals greater flexibility and maneuverability during dental procedures.
On the basis of application, the market is segmented into dentist clinics, dental research facility, and others. In 2023, the dental research facility segment attained 23% revenue share in the market. Research studies often require precise and consistent polishing of dental specimens to ensure reproducible results.
Free Valuable Insights: Global Dental Polishing Machine Market size to reach USD 5.7 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 22% revenue share in the market. There is a growing awareness of dental health and hygiene practices among the population in Asia Pacific countries.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 3.7 Billion |
Market size forecast in 2031 | USD 5.7 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 5.9% from 2024 to 2031 |
Number of Pages | 164 |
Tables | 260 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Application, Machine Type, Region |
Country scope |
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Companies Included | Kerr Corporation. (Envista Holdings Corporation), 3M Company, Ultradent Products Inc., Young Innovations, Inc., Dentsply Sirona Inc., SHOFU Dental GmbH, Cosmedent, Inc., GC International AG, Henry Schein Inc. and KaVo Dental GmbH (Planmeca Oy) |
By Application
By Machine Type
By Geography
This Market size is expected to reach $5.7 billion by 2031.
Growing awareness of oral hygiene are driving the Market in coming years, however, High cost of advanced equipment restraints the growth of the Market.
Kerr Corporation. (Envista Holdings Corporation), 3M Company, Ultradent Products Inc., Young Innovations, Inc., Dentsply Sirona Inc., SHOFU Dental GmbH, Cosmedent, Inc., GC International AG, Henry Schein Inc. and KaVo Dental GmbH (Planmeca Oy)
The expected CAGR of this Market is 5.9% from 2024 to 2031.
The Dentist Clinics segment is leading the Machine Market by Application in 2023; thereby, achieving a market value of $2.7 billion by 2031.
The North America region dominated the Machine Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.4 billion by 2031.
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