North American Market Forecast
The North American region is expected hold 47% share of the global dental laboratory handpieces market by 2037. This growth is attributed to the presence of top companies, such as Zimmer Biomet Holdings Inc. There is also an increase in the demand for digital radiographs, intraoral cameras, and lasers, in the region. In addition, the high prevalence of oral issues in the region, along with the efficient healthcare sector, are expected to fuel the dental laboratory handpieces market growth. For instance, more than 85% of Americans value their dental health and consider it a significant aspect of holistic care.
APAC Market Statistics
The Asia Pacific dental laboratory handpieces market is estimated to be the second largest, during the forecast timeframe driven by the growing consumption of alcohol. Alcohol sales are expanding at one of the quickest rates in India owing to an increase in the number of people living in cities and rising disposable income levels, changes in attitudes about alcohol and lifestyle, simple accessibility, and increasing affluence. Alcoholism may raise the incidence of mucosal lesions, dental caries, and probing pocket depth, and may cause "alcohol-induced dental erosion."
According to estimates, it was projected that India's alcohol consumption would increase from approximately 4 billion liters in 2020 to more than 6 billion liters by 2024.
Author Credits: Radhika Pawar
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