January 22, 2024 09:09 ET | Source: Allied Analytics LLP Allied Analytics LLP
Wilmington, New Castle, Delaware, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Allied Market Research has recently published a report, titled, “Dental Air Compressors Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Dental Lubricated Compressors, Dental Oil-Free Compressors), by Technology (Desiccant Based Compressors, Membrane Based Compressors), by Application (Hand Pieces, Scalers, Chair Valves, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global dental air compressors market generated $340.3 million in 2022, and is anticipated to generate $555.9 million by 2032, rising at a CAGR of 5.3% from 2022 to 2032. Neatening cases dental instruments
The rising awareness regarding precision dentistry, the emphasis on patient comfort, and the increase in the number of dental procedures across the globe are the factors expected to drive the growth of the global dental air compressors market in the forecast period from 2023 to 2032. However, contamination and air quality concerns related to dental air compressors may hamper the market growth in the coming future. On the contrary, the dental tourism trend globally and the continuous technological advancements in dental equipment are expected to offer remunerative opportunities for the expansion of the dental air compressors market during the forecast period.
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Type: Dental Oil-free Sub-segment to Flourish Immensely by 2032
The dental oil-free compressors sub-segment of the global dental air compressors market accounted for the largest share of 66.0% in 2022 and is expected to grow at a highest CAGR of 5.7% during the forecast period. This is mainly due to the growing usage of these compressors in various applications where oil-free air is essential, such as laboratories, medical facilities, electronics manufacturing, and food & beverage industries. They contain advanced filtration systems to remove moisture, particles, and other pollutants from compressed air, which assures a clean and dry air supply.
Technology: Desiccant Based Compressors Sub-segment to be Most Dominant during the Forecast Period
The desiccant based compressors sub-segment accounted for the largest global dental air compressors market share of 70.1% in 2022 and is expected to grow at a CAGR of 5.7% during the forecast period. This is mainly because this technology has the potential to significantly lessen the workload as it has an extraordinary capacity to absorb moisture from the surrounding air. Desiccant-based compressors help to maintain dry, clean air unlike the traditional oil-lubricated compressors by actively eliminating moisture from the compressed air and assuring a continuous high-quality air supply. This technology prevents the risk of contamination and helps dental practitioners to work with accuracy.
Application: Hand Pieces Sub-segment to Observe Significant Growth by 2032
The hand pieces sub-segment of the global market accounted for the highest share of 37.9% in 2022 and is projected to witness significant growth during the forecast period. This is mainly owing to the rising popularity of hand pieces because of their superior control and low noise levels. In dental air compressors, hand pieces serve an important part in guaranteeing the efficiency and efficacy of dental operations. In addition, dental hand pieces are responsible for a variety of duties in dental practices, including cleaning, drilling, polishing, and cutting.
Region: North America Market to Hold the Major Market Share by 2032
The dental air compressors market in the North America region accounted for the largest share of 34.1% in 2022 and is predicted to continue to hold majority of market share during the forecast period. This growth is mainly due to the growing healthcare infrastructure in the region. In addition, North America dental air compressor manufacturers have embraced a variety of new technologies to meet the specific demands of the dental care sector. Moreover, the regional market is anticipated to grow due to increasing patient awareness.
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Leading Players in the Dental air compressors market:
The report provides a detailed analysis of the key players of the global dental air compressors market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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