The endodontic devices market is expected to increase from USD 1.25 billion in 2023 to USD 1.84 billion by 2032.
In 2022, the endodontic devices market size was estimated to be worth USD 1.2 billion. The endodontic devices market is expected to increase from USD 1.25 billion in 2023 to USD 1.84 billion by 2032, with a compound annual growth rate (CAGR) of 4.90% over the forecast period (2023-2032). The study also discusses and examines the effect of the Covid-19 outbreak on the endodontic devices market, including future opportunities and threats, drivers, and risks.
Endodontics is a dental problem-related study (practice). Endodontic treatment is also referred to as root canal treatment, which includes the prevention, diagnosis, and treatment of illnesses and injuries in the tooth.
Market Dynamics
Increasing globalization and the introduction of emerging technologies in dental care lead to doubling the demand for endodontic devices. The key factors influencing this demand are the rise in the prevalence of dental problems, microbial infected teeth, growth in the aging population, and an increase in the incidence of oral cancer among the people.
Nonetheless, factors such as high treatment costs, illicit sales of dental products, and treatment-related complications can hinder the growth of the market during the review period.
Market Segmentation
The global market for endodontic devices market has been segmented based on product and end-user.
By product, the global market for endodontic devices market has been segmented into consumables and instruments. By consumables, the market is categorized into endodontic burs, obturation filling materials, endodontic files & shaper, irrigating solution & lubricants, and others. Instruments segment is further sub-segmented into apex locators, endodontic scalers, machine-assisted obturation systems, handpieces, and endodontic lasers.
By the end-user, the global market for endodontic devices market has been categorized into dental clinics, laboratories, dental hospitals, dental academic, and research institutes.
Regional Analysis
Region-wise, the global market for endodontic devices market trend has been segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas leads the global market for endodontic devices due to the increasing incidence of dental infections due to changing eating habits, increased prevalence of dental diseases, and increased accident rates are also crucial factors driving the market for endodontic devices.
It was reported that Europe was second in the global market for endodontic devices in 2017. Increased demand for root canal treatment and damage or infection of the teeth is expected to fuel market growth.
The Asia Pacific was the fastest-growing region on the global market for endodontic devices in 2017. Factors such as an increase in dental procedures, an increase in the world’s aging population, an increase in the healthcare industry, and the emergence of new treatment methods for dental problems drive the demand in this area.
The Middle East and Africa have the least market share in the global market for endodontic devices. The existence of weak economies and a low per capita income, particularly in the African region, make the market lag within the area. The bulk of the market share in this area is expected to be held by the Middle East due to increased government support for healthcare and the involvement of developed economies such as the UAE, Kuwait, Dubai, and others.
Key Players
Some of the leading participants identified MRFR in the global endodontic devices market are DENTSPLY SIRONA, COLTENE Holding, Danaher Corporation, Ivoclar Vivadent, Septodont, Brasseler USA, MICRO-MEGA, DiaDent Group International, Kerr Corporation, Surtex Instruments Limited, Ultradent Products, Davis Schottlander & Davis Ltd, Hu-Friedy Mfg. Co., LLC, and others.
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