Global Dental Bearings Market size To Exceed USD 240.3 Million By 2033 | CAGR of 6.76%
Category: HealthcareGlobal Dental Bearings Market size To Exceed USD 240.3 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Dental Bearings Market Size Expected to Grow from USD 124.9 Million in 2023 to USD 240.3 Million by 2033, at a CAGR of 6.76% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Dental Bearings Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Ceramic, Stainless Steel, Hybrid), By Application (Dental Handpiece, Dental Turbines, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033" Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/dental-bearings-market
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Dental bearings are the division of the healthcare sector that manufactures and distributes bearings for dental equipment, such as dental handpieces. These bearings play an important role in ensuring that dental equipment, particularly rotary instruments, performs smoothly and efficiently by reducing friction and allowing for high-speed movement. Moreover, the dental bearings market is driven by the increasing demand for speciality bearings for various dental operations such as implants and orthodontics. Sustainability activities that encourage the use of environmentally friendly products help to boost this sector. The expansion of smart dental instruments, incorporating sensors and IoT technology, necessitates high reliability of bearings for precision. However, the dental bearings industry faces significant constraints, including high manufacturing costs, limited availability of innovative materials, and regulatory hurdles in obtaining product approval. The complexity of maintaining high precision for bearings in dental tools, as well as competition from low-cost alternatives, limit industry growth and innovation.
The stainless-steel segment is expected to hold the largest share of the global dental bearings market during the projected timeframe.
Based on product type, the global dental bearings market is categorized as ceramic, stainless-steel, and hybrid. Among these, the stainless-steel segment is expected to hold the largest share of the global dental bearings market during the projected timeframe. Stainless steel is a low-cost, long-lasting material that is commonly utilized in dental equipment. They provide a superb blend of strength and wear resistance, making them ideal for high-speed handpieces.
The dental handpiece segment is expected to grow at the fastest CAGR during the projected timeframe.
Based on the application, the global dental bearings market is categorized as dental handpieces, dental turbines, and others. Among these, the dental handpiece segment is expected to grow at the fastest CAGR during the projected timeframe. This is due to high-speed, accurate bearings in handpieces used for a variety of dental treatments. This market is quickly developing due to technological advancements in handpieces, such as reduced noise and increased efficiency, as well as a growth in the number of dental clinics.
North America is projected to hold the largest share of the global dental bearings market over the forecast period.
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North America is projected to hold the largest share of the global dental bearings market over the forecast period. This can be attributed to the region's superior healthcare infrastructure, widespread acceptance of dental technologies, and the strong market presence of key dental equipment manufacturers. The region's huge number of dental clinics, combined with steady demand for high-performance dental equipment, fuels growth in the dental bearings market.
Asia Pacific is expected to grow at the fastest CAGR growth of the global dental bearings market during the forecast period. This is due to the rapid expansion of oral healthcare infrastructure, particularly in emerging markets like China and India. Increasing dental awareness, increased disposable incomes and an increase in the number of dental clinics all drive demand for modern dental equipment, including dental bearings.
Major vendors in the global dental bearings market are GRW Bearing GmbH, Jiangsu Tianchi Bearing Co., Ltd., National Precision Bearing, Lily Bearing, NSK Ltd., Myonic GmbH, The Barden Corporation, FAG (Schaeffler Group), KaVo Dental, NMB Technologies Corporation, Dentmark, HQW Precision Gmb, and Others.
Recent Developments
- In November 2023, the QuickStop Bearing for air turbine handpieces was created by NSK Ltd. Its innovative design can improve the safety and effectiveness of air-powered dental equipment.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global dental bearings market based on the below-mentioned segments:
Global Dental Bearings Market, By Product Type
- Ceramic
- Stainless Steel
- Hybrid
Global Dental Bearings Market, By Application
- Dental Handpiece
- Dental Turbines
- Others
Global Dental Bearings Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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