Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Smart Electric Toothbrush Market Overview
Smart electric toothbrush is a type of toothbrush which helps to clean your teeth very efficiently and effectively. These smart electric toothbrushes are integrated with various features such as camera, wi-fi, bluetooth and others. Smart electric toothbrush connects with your phone through bluetooth or any other means and it gives real-time feedback on the persons brushing habits.
Market Size and Forecast
The global smart electric toothbrush market is expected to observe robust growth over the forecast period i.e. 2017-2024. Further, smart electric toothbrush market is driven by various factors such as growing adoption of technologically advanced devices and rising personal disposable income.
In terms of geography, the most prominent regional markets include North America and Europe. North America is anticipated to hold the largest market share in smart electric toothbrush by the end 2024. Further, North America region is expected to dominate the market over the forecast period owing to increasing adoption of innovative technology especially in the U.S. In North America, U.S. is estimated to dominate the smart electric toothbrush market owing to presence of major market players in the country.
Europe is the second largest smart electric toothbrush market in terms of revenue. Further, Germany and U.K. are the prominent countries in this region that are attributing towards the growth of smart electric toothbrush market. Moreover, growing consciousness about oral hygiene among the consumers is envisioned to bolster the growth of smart electric toothbrush market in this region. Asia-pacific region is projected to witness robust growth over the forecast period. The growth in this region is aided by China, Japan and others countries. Further, rising per capita income and rising purchasing power of the consumers are believed to foster the growth of smart electric toothbrush market. CLICK TO DOWNLOAD FREE SAMPLE REPORT
Market Segmentation
Our in-depth analysis segmented the global smart electric toothbrush market in the following segments:
By Distribution Channel
By Region
Global smart electric toothbrush market is further classified on the basis of region as follows:
Growth Drivers and Challenges
Factors such as rising oral hygiene among the population and growing adoption of advanced cleaning technologies by the consumers are believed to be the dynamic factor behind the rapid growth of smart electric toothbrush market. Further, technological advancements have made these devices comfortable, and easy to use. This factor is expected to propel the growth of smart electric toothbrush market.
Moreover, the demand for smart electric toothbrush is escalating owing to various factors such as increasing oral problems among the young generation and rising purchasing power of the consumers. Furthermore, rising disposable income along with changing lifestyle of the consumers will propel the growth of smart electric toothbrush market over the forecast period i.e. 2017-2024.
However, high costs associated with the toothbrush and adoption of low cost of manual toothbrushes by consumers is expected to hinder the growth of smart electric toothbrush market. Further, less adoption of costly products in developing nations is expected to hamper the growth of smart electric toothbrush market over the forecast period.
Key players
The major key players for smart electric toothbrush market are as follows
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