January 09, 2023 04:30 ET | Source: Transparency Market Research Transparency Market Research
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Wilmington, Delaware, United States, Jan. 09, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – According to a recent market report by Transparency Market Research, the global electric tooth polishers market size stood at US$ 76.7 Mn in 2021 and is anticipated to expand at a CAGR of 5.5% from 2022 to 2031. Rise in demand for increasing the aesthetic appearance of teeth and rise in awareness about maintaining proper dental hygiene are expected to bolster market expansion during the forecast period. Surge in availability of effective over-the-counter teeth whitening products and advent of novel technologically advanced tooth polishing products are propelling market growth.
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Electric Tooth Polisher Market: Key Findings of Report
Electric Tooth Polisher Market: Growth Opportunities
Electric Tooth Polisher Market: Key Players
Leading companies operating in the global industry include Colgate, Koninklijke Philips N.V., Lobal Team Products (HK) Ltd., Quip, Foreo, KaVo Dental, Panasonic Corp., Henry Schein, Inc., Oral-B, Kerr Corporation, and Water Pik, Inc. These players are adopting various growth strategies in order to increase market share. These include M&As, launch of technologically advanced products, and expanding regional presence.
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Electric Tooth Polisher Market: Regional Growth Assessment
North America accounted for the largest share of 36% of the global industry in 2021. Rise in disposable income, increase in awareness about dental hygiene, and surge in availability of next-gen dental cleaning products in the region are the key factors bolstering the market in North America.
Europe held the second largest share of 33% of the global industry in 2021. This is ascribed to rise in incidence of dental cavities, increase in number of dental clinics & hospitals in major countries, and presence of several established manufacturers in the region.
The market in Asia Pacific is expected to experience significant growth during the forecast period, expanding at a CAGR of 6.7% from 2022 to 2031. Leading factors driving the market are increase in awareness about dental hygiene, increase in adoption of innovative measures for elevating dental aesthetics, surge in disposable income, and rise in adoption of technologically advanced dental health devices.
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Electric Tooth Polisher Market: Segmentation
Electric Tooth Polisher Market, by Type
Electric Tooth Polisher Market, by Application
Electric Tooth Polisher Market, by End-user
Electric Tooth Polisher Market, by Region
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