Dental turbines are rotary cutting instruments used by dentists to prepare cavities and remove decayed or damaged tooth structure during various dental procedures such as cavity preparation, crown preparation and endodontic procedures. Turbines provide efficient cutting without destroying healthy tooth structure and produce minimal vibration, enabling precise cutting. The increasing demand for advanced dental procedures like dental implants, root canals and tooth colored fillings is driving the need for high-speed dental handpieces powered by turbines. Turbines offer advantages like high speed, precision cutting, maneuverability and customizable settings that allow dentists to efficiently perform complex procedures involving hard tooth structures.
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 24% 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 demand for cordless dental turbines. Conventional dental turbines require electrical wiring which can restrict dentist’s movement during procedures. Leading manufacturers are focusing on developing wireless turbines powered by lithium-ion batteries to provide complete cordless functionality. For instance, products like W&H Elite+ cordless turbine offer up to 3 hours of operation on a single charge. Another trend is the introduction of preset modes in turbines. Preset modes allow automatic adjustments of speed, torque and other settings based on the type of procedure being performed. This simplifies setup and improves efficiency. Technologies like brushless motors are also gaining popularity as they provide higher torque, longer life and less maintenance than conventional brushed motors. Integration of turbines with modern chairsides Systems is another evolving trend, combining turbines, scalers and cuspidors into integrated units for enhanced ergonomics.
Porter’s Analysis
Threat of new entrants: Low startup costs and expertise needed act as a barrier for new companies.
Bargaining power of buyers: Buyers have moderate bargaining power due to presence of several dental turbine manufacturers.
Bargaging power of suppliers: Suppliers have low to moderate bargaining power due to availability of substitute components.
Threat of new substitutes: Technology advancements can lead to newer products replacing dental turbines.
Competitive rivalry: Intense due to differentiation by quality, technology, customer service and marketing.
Key Takeaways
The global Dental Turbine Market Growth is expected to witness high. 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 24% over the forecast period 2023 to 2030.
Regional analysis: North America holds the major share of the global dental turbine market due to increasing dental expenditure and rising trend of cosmetic dentistry in the region. Asia Pacific exhibits immense growth potential because of growing medical tourism and rapidly expanding private healthcare sector in nations like India, China and Indonesia.
Key players: Key players operating in the dental turbine market are BP Plc, Royal Dutch Shell Plc, Total SE, Chevron Corporation, ExxonMobil Corporation, Engie SA, RWE AG, ON SE, Vattenfall AB, Gazprom, Mitsubishi UFJ Financial Group (MUFG), JPMorgan Chase & Co., Goldman Sachs Group, Inc., Citigroup Inc., and Barclays PLC.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it