Market Trends
Globally,
the market has witnessed a significant rate in product innovations that are
extensively driving the sales of electric toothbrush. The manufacturing
companies are concentrating on catering various preferences of consumers and
achieve competitive advantage in the market.?For instance, in 2019, Oral-B
launched its Oral-B Genius X electric toothbrush, which uses artificial
intelligence to help consumers brush better. Moreover, companies are focusing
on catering to specific need of consumers which vary from different age groups.
For instance, Bluereo launched accessible toothbrush G150, a latest solution
for vulnerable brushers, from young children to the elderly, to those with
physical disabilities or post-surgical patients, who find traditional
toothbrushes difficult to use.
Europe Holds a
Major Share in the Market
Europe has experienced a growing prevalence of oral and dental
problems owing to the rise in the percentage of geriatric population which is
anticipated to drive the market growth during the study period. The tooth decay
among children with an age group of 6 years varies from 20% to 90% while in age
group of 65-74 years, the prevalence of people having lost all their natural
teeth ranges from about 20% to 50% across various countries in the European
region according to WHO.?Moreover, consumers are highly focused on taking good
care of their dental health and hygiene, and manufacturers continue to develop
new products that address consumer dental requirements in terms of cleaning and
whitening driving the market growth in the country.
Competitive Landscape
Global electric toothbrush market is highly competitive with
the presence of prominent players are competing to gain market
share.?Koninklijke Philips N.V.,
TRISA AG, Procter & Gamble, Colgate-Palmolive Company, Panasonic
etc., are some of the prominent players in the global market. Companies are
investing in product development and expanding distribution channel?in order to
gain competitive edge in the market.
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