Electric Toothbrush Market To Rise At Modest Growth With CAGR And Revenue Till 2026|Grand View Research, Inc.
The global electric
toothbrush market size is anticipated to reach USD 3.8 billion by 2026, according to a new report by Grand View
Research, Inc., exhibiting a 5.8% CAGR
during the forecast period. This can be attributed to increasing disposable
income and growing awareness regarding oral hygiene. In addition, technological
advancements in electric toothbrushes is expected to fuel market growth.
Continued efforts to improve awareness levels among the global population is
another key factor driving the market. For instance, The American Dental
Association (ADA) conducts a National Children’s Dental Health Month (NCDHM)
campaign every year, which is aimed at increasing awareness regarding oral
hygiene among children with the help of dental professionals.
High prevalence of oral health diseases has also benefited
the market. Dental plaque affects nearly 11.0% of the population worldwide and
is the chief cause of gingivitis and tooth decay. Plaque removal and reduction
of gingivitis plays a critical role in maintenance of good dental health.
Electric toothbrushes offer superior reduction of plaque and gingivitis when
compared to manual variants. According to the Cochrane Review, which analyzed
nearly 56 trials with around 5068 participants, electric toothbrushes
demonstrated nearly 21.0% more reduction in plaque and around 11.0% higher
reduction in gingivitis after three months of use as compared to manual ones.
Some of the
key players in this vertical are Den-Mat Holdings, LLC; Colgate Palmolive;
Water Pik, Inc.; Procter and Gamble Co.; Koninklijke Philips N.V; and FOREO.
Browse Research
Report On electric toothbrush
Market:
The global
electric toothbrush market is highly competitive with players actively involved
in development of innovative and technologically advanced products to withstand
competition. For inctance, in 2016, Procter & Gamble launched the Oral-B
GENIUS electric toothbrush. This product was equipped with position detection
technology, coupled with triple pressure control, and also included a
professional timer, which enabled individuals to brush as per dentist
recommendations.
Further key findings from the study suggest:
·
The rotational segment dominated the market
based on technology in 2018. This can be attributed to better dental clean-up
provided by rotating/oscillating brush heads By end use, the children segment
is anticipated to witness lucrative growth over forecast period. Ease of use
offered by electric toothbrushes, especially for kids who find manual burshing
difficult, is one of the key growth drivers. Children’s ethusiam to use these
devices also contributes to segment growth
·
North America dominated the global electric
toothbrush market in 2018. This can be attributed to the availability of
advanced product variants, high emphasis on maintenance of good oral health,
and comparatively higher disposable income in the region
The global
electric toothbrush market is highly competitive with players actively involved
in development of innovative and technologically advanced products to withstand
competition. For inctance, in 2016, Procter & Gamble launched the Oral-B
GENIUS electric toothbrush. This product was equipped with position detection
technology, coupled with triple pressure control, and also included a
professional timer, which enabled individuals to brush as per dentist
recommendations.
Browse Press
Release of this report:
Grand
View Research has segmented the global electric toothbrush market on the basis
of technology, end use:
Electric
Toothbrush Technology Outlook (Revenue, USD Million, 2015 - 2026)
·
Rotational
·
Vibrational
Electric
Toothbrush End-use Outlook (Revenue, USD Million, 2015 - 2026)
·
Adults
·
Children
Some of the key players in this
market are Colgate Palmolive; Koninklijke Philips N.V; Procter and Gamble Co;
FOREO; Den-Mat Holdings, LLC; SONIC Chic; and Water Pik, Inc. Development of
innovative and technologically advanced products is one of the key sustainable
strategies undertaken by market players. For instance, in 2018, Colgate
launched the Colgate Smart Electronic Toothbrush E1 in U.S., backed with
Artificial Intelligence. This product is available exclusively at selected
Apple stores and Apple.com.
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Comments
Post a Comment