Dental Mirror Handles Market Anticipated To Reach $682.8 Million By 2032 As Revealed In New Report
According to the report, the global dental mirror handles market generated $361.9 million in 2022, and is anticipated to generate $682.8 million by 2032, rising at a CAGR of 7% from 2023 to 2032.
The rising prevalence of dental illness, increasing geriatric population, and the growing awareness among people related to oral health are the factors expected to drive the growth of the global dental mirror handles market in the forecast period from 2023 to 2032. However, the lack of standardization and the high costs associated with dental mirror handles may hamper the market growth in the coming future. On the contrary, the continuous development in oral infrastructure and technological advancements in mirror handles are expected to offer remunerative opportunities for the expansion of the dental mirror handles market during the forecast period.
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Dental Mirror Handles Statistics:
- The global dental mirror handles market is projected to reach $682.8 million by 2032, growing at a CAGR of 7%.
- Hospitals typically have a greater patient foot traffic compared to individual dental clinics.
- Increasing prevalence of dental illnesses
- Growing awareness regarding oral hygiene
- Rising geriatric population across the globe
The growth of the dental mirror handles market can be influenced by various factors, including:
- Technological Advancements: Innovations in dental mirror handle designs, materials, and functionalities can drive market growth. For example, the development of ergonomic designs or handles with enhanced durability and usability can attract dentists and contribute to market expansion.
- Increasing Dental Procedures: As the demand for dental procedures continues to rise globally due to factors such as population growth, aging demographics, and increased awareness of oral health, the need for dental instruments like mirror handles also increases, thus driving market growth.
- Rising Disposable Income: Higher disposable incomes in emerging economies allow people to afford better dental care, leading to increased visits to dental clinics and subsequently boosting the demand for dental instruments, including mirror handles.
- Preference for Preventive Dentistry: Growing awareness about preventive dental care among consumers encourages regular dental check-ups and cleanings, which, in turn, fuels the demand for dental instruments and accessories like mirror handles.
- Increasing Dental Tourism: Dental tourism, where individuals travel to other countries for dental treatments due to cost-effectiveness or better quality care, can drive the demand for dental instruments in popular dental tourism destinations.
Recession Impact:
- The COVID-19 pandemic outbreak had a significant impact on the global dental mirror handles market’s growth due to the global supply chain disruptions caused by the pandemic. This impacted the production and distribution of dental equipment, including mirror handles, with lockdowns, movement restrictions, and factory closures resulting in delays in manufacturing and shipping.
- Besides, dental practices worldwide saw a decline in in-person visits due to lockdowns, infection fears, and limitations on non-essential procedures, affecting the demand for dental instruments, such as mirror handles.
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Regional Analysis:
The dental mirror handles market in the North America region accounted for the largest share of 37.3% in 2022 and is predicted to continue to hold major market share by 2032. This growth is mainly owing to the growing awareness regarding the importance of oral health in the region, which has led to an increase in dental procedures and visits. This increased awareness is contributing to the rising demand for dental instruments, such as mirror handles, in the North America region. Besides, the rising geriatric population and the presence of well-established compensation policies and robust medical infrastructure are the factors driving the regional market growth.
Market Segmentation:
The dental mirror handles market can be segmented based on various factors such as:
Product Type:
- Conventional Mirror Handles
- Ergonomic Mirror Handles
- Disposable Mirror Handles
- Magnifying Mirror Handles
- LED Mirror Handles
Material Type:
- Stainless Steel Mirror Handles
- Plastic Mirror Handles
- Titanium Mirror Handles
- Aluminum Mirror Handles
End User:
- Dental Clinics
- Hospitals
- Dental Laboratories
- Academic and Research Institutes
Distribution Channel:
- Direct Sales
- Distributors/Wholesalers
- Online Retailers
- Dental Supply Companies
Geography:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Leading Market Players:
- ACTEON GROUP
- Thempson
- LARIDENT S.R.L.
- Zirc Dental Products
- Smith Care
- Wittex GmbH
- Integra LifeSciences
- Acteon Group
- Parkell Inc.
- ZIRC
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