Our-in depth analysis of the global Dental Piezoelectric Ultrasonic Units market includes the following segments:
Global Dental Piezoelectric Ultrasonic Units Market is further classified on the basis of region as follows:
Dental Piezoelectric Ultrasonic Units Market is anticipated to record a significant CAGR of 4.8% over the forecast period. Many multi-national companies are concentrating towards new product advances in Dental Piezoelectric Ultrasonic Units inputting new features and qualities in the units. Moreover, the many advantageous properties of Dental Piezoelectric Ultrasonic Units are exploited in the field of dental healthcare for disease treatment such as chronic periodontal diseases and pulpitis every now and then.
The dental piezoelectric ultrasonic units market is anticipated to increase at a vibrant growth rate on account of increasing dental disorders in the present population across the globe. The increase in dental disorders can be attributed to increased unhealthy eating practices, rise in tobacco consumption, change in the outside atmospheric conditions leading to yellowing of teeth and many more. These factors are further supported by increased disposable income of the middle order population across the globe which is anticipated to increase the demand for dental piezoelectric ultrasonic units over the forecast period.
On the basis of regional platform, global Dental Piezoelectric Ultrasonic Units market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The North-American region is anticipated to showcase the highest growth rate on account of increasing dental disorder cases reported by the World Health Organization as well as on account of increasing trend of tooth whitening across the region in the high end as well as middle order population. Europe is predicted to follow in the footsteps of North America on account of growing dental healthcare awareness in the region.
Asia Pacific is expected to drive demand and positively impact dental piezoelectric ultrasonic unit market growth over the forecast period due to increasing awareness regarding dental disorders in the developing regions of Asia-Pacific. Additionally, the increasing disposable income of middle-class population across the region is predicted to contribute further in the growth of dental piezoelectric ultrasonic units market over the forecast period.
Get more information on this report: Download Sample PDF
The dental piezoelectric ultrasonic units market is anticipated to increase over the forecast period on account of increasing prevalence of dental disorders such as periodontitis and systemic inflammations. The application of dental piezoelectric ultrasonic devices in control of local dental infection on account of their capability in reducing serum inflammatory markers is anticipated to behave as a propelling factor for the dental piezoelectric ultrasonic units market. Ultrasonic scalers are attached to these units which produce high vibrational energy that is generated in the oscillation generators for the purpose of oral cleansing and plague removal with natural tooth whitening properties. The increasing trend towards maintaining proper oral health with tooth whitening is anticipated to cause an increased demand for dental piezoelectric ultrasonic units over the forecast period across the globe. The need of regular dental cleansing on account of rising trend of unhealthy and fast food feeding practices in the present generation with unhygienic dental health is estimated to expand the market for dental piezoelectric ultrasonic units over the forecast period. Additionally, the application of these units in removal of debris, plague, stains and calculus is anticipated to increase their demand furthermore during the forecast period.
However, the cost constraints associated with these units installment as well as the expenses attached to the initial setting up of dentistry clinics in under-developed regions do not turn out to be enough cost efficient which is anticipated to act as a major restraint in the growth of dental piezoelectric ultrasonic units market.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.