Electric Water Picks Market: An Overview
Electric water picks are devices that are majorly used in hospitals and dental clinics to stream water jet at teeth at a high speed. Depending upon applications, the frequency of the water stream can be altered. This helps in removing bacteria and plaques inside teeth.
An upcoming report on the electric water picks market is expected to offer through in-depth analysis of several factors including latest trends, development, and challenges pertaining in the industry. Further the report also presents a thorough of analysis of strategies adopted by the top players and their impact on the electric water picks market’s growth during the forecast period.
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Electric Water Picks Market: Notable Developments
The competitive landscape of the electric picks market is fragmented with the presence of several prominent players. Some of the major players operating in the electric water picks market are Water Pik, Philips, Panasonic, Oral-B, Aquapick, Jetpik, Hydro Floss, Interplak, and Matwavew.
These players are focusing on organic growth strategies in order to consolidate their market share in the electric water picks market. Some of primary strategies adopted by them are mergers and collaboration, business expansions, and partnerships.
For instance, in 2017, Church & Dwight, a wide range of personal care, household and specialty products provider, acquired Water Pik, in June 2017. The acquisition worth $265 million to the Church & Dwight. It helped the company strengthen its market hold in the electric water picks market. Further, it offered new dynamics to the growth of the electric water picks market.
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Electric Water Picks Market: Latest Trends
The global electric water picks market is expected to offer numerous opportunities to several players operating in the industry. This is mainly due to the rising applications of the electric water picks in residential, dental, and hospital segments.
Increasing consumptions of alcohol, smoking, fast food, and artificial sweaters are contributing to the growth of the electric water picks market. This is because all these food items deteriorates the teeth conditions and deposit plaques over teeth. The prolonged deposition of plaques decreases the aesthetic appeal and cause toothache to individuals. The rising awareness among the people to treat growing plaques in their teeth is propelling the growth of the electric water picks market.
On the flipside, despite several opportunities, growth in the electric water picks market is likely to be hampered due to availability of cheaper substitute to the water picks market.
Nevertheless, to overcome this player are investing to integrate their products with several other devices. In addition to this, they are making electric water picks portable and easy-to-use so that common people can use this without much trouble. Along with this, they are making device flexible so that it can rotate in different angles.
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Electric Water Picks Market: Regional Outlook
Based on region, the global water picks market is divided in several regions including North America, Europe, Asia Pacific, Latin America, the Middle East and Africa. Among this, North America is expected to hold highest growth rate. This is mainly because the presence of large number of players in the region. In addition to this, high alcohol consumption in the region is another factor propelling the growth of the market.
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