A dental hand piece is a tool which is used to drill into specific areas of the tooth with high and low speed. They are also popularly known as dental engine or dental drill. They are typically used for dental procedures such as removal of tooth structures, cleaning of teeth, shaping of teeth, and polishing. In the last few years, dental healthcare is witnessing rapid increase in adoption of branded and technologically improved products.
The global dental hand piece market is estimated to grow rapidly in the coming years. The key factor driving the growth of this market is the rapid increase in number of dental healthcare experts in developed as well developing countries which will increase the access to dental care services. Rapid increase in global aging population, and change in eating and drinking habits are some of the factors estimated to drive the global dental hand piece market. Additionally, rise in per capita income of developing countries, increase in awareness about health and safety, and government initiatives to support reimbursement policies are other factors which may drive the global dental hand piece market in the coming years. Conversely, increase in cost of dental care products, and lack of reimbursement policies in developing regions are some of the factors which may hinder the growth of the global dental hand piece market.
According to healthcare regulatory bodies and authorities in developed and developing regions, it has become mandatory that all people should be protected by public or private health insurance. On the other hand, a patient may choose whether he/she wants to benefit from their personalized health insurance policies or not. Most of the policies do not cover complete treatment procedures ad overall cost of crowns, bridges, and implants. A number of private contractors and some companies are increasing due to rise in demand for surgical procedures and aesthetic dentistry. Experts suggest that this might be the biggest hurdle in the global dental hand piece market.
The global dental hand piece market is divided based on product, speed, end users, and geographical distribution. By product, the global dental hand piece market is categorized into air-driven hand pieces, electric hand pieces, and hybrid air-electric hand pieces. By product, air driven hand piece products are estimated to hold the dominant share of the dental hand piece market, as it has dual power and speed as well. In terms of speed, the global dental hand piece market is classified as low-speed hand piece and high-speed hand piece. Generally, a high speed dental hand piece works at a speed of 100,000 – 800,000 revolutions per minute (RPM). On the other hand, low speed dental hand piece works at a speed of nearly 6,000 to 10,000 rpm. By end users, the global dental hand piece market is divided into hospitals, dental clinics, and others.
Geographically, the global dental hand piece market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America and Europe are anticipated to dominate the global dental hand piece market in the coming years. Some of the key factors for their domination are technological advancements, rapid adoption of new techniques, and better healthcare infrastructure supported by government policies. Additionally, presence of key players of the dental hand piece market with big investment plans, end users, and common can easily afford the cost of technologically advanced products which offers safety and quality output are the factors which drives the dental hand piece market in this region.
Some of the key players in the global dental hand piece market are Bien-Air, Dentatus, Acteon, Morita, Being Foshan Medical Equipment, DentlEZ, Inovadent, NOUVAG, SciCan, and W&H, Dentsply Sirona, KaVo Dental, and NSK etc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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