Market Overview –
In 2022, the market for endodontic devices 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 Endodontic Devices Market comprises instruments and equipment used in endodontic procedures, which involve treating diseases or injuries to dental pulp and surrounding tissues within the tooth. Endodontic procedures aim to save natural teeth by removing infected or damaged tissue, cleaning and shaping the root canal system, and sealing it to prevent reinfection.
The endodontic devices market is experiencing notable expansion, propelled by advancements such as the endodontic machine. These innovative devices streamline root canal procedures, enhancing efficiency and outcomes in dental practices worldwide. With increasing emphasis on precision and patient comfort, endodontic machines are becoming indispensable tools, driving growth in the market segment.
In recent years, the endodontic devices market has witnessed significant growth globally due to several factors. Firstly, there has been increasing awareness of the importance of preserving natural teeth and the benefits of endodontic treatment in maintaining oral health. Key players in this market include dental equipment manufacturers, endodontists, dental clinics, and academic institutions, collaborating to develop and commercialize innovative endodontic devices and technologies.
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 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. As per the Centers for Disease Control and Prevention, 84.6% of children aged 2 to 17 years and 64.4% of adults aged 18 to 64 had a dental visit in the US in 2016. The rising occurrence of dental problems is increasing the demand for endodontic devices in the area.
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. According to the National Dental Statistics for England, in 2017-18, the NHS dentist saw 22.1 million adult patients. Having a large population suffering from dental problems will boost the market for dental products and the treatment process.
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. As per the study released by the United Nations ESCAP, almost 12.4% of the population in the Asian and Pacific regions was 60 years of age or older in 2016 and is estimated to rise by about 1.3 billion people in 2050. As a result, the large aging population is expected to boost the demand for endodontic devices in the South East Asia region.
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 –
Endodontic devices key companies include DENTSPLY SIRONA, Danaher Corporation, Ivoclar Vivadent, Ultradent Products, Septodont, Brasseler USA, MICRO-MEGA, and DiaDent Group International.
Related Reports –
asia pacific aesthetics market
For more information visit at MarketResearchFuture
