Endodontic Devices Market Size Worth $ 2.55 Billion By 2030

Posted by Neha Bora on August 11th, 2022

San Francisco, 11 Aug 2022: The Report Endodontic Devices Market Size, Share & Trends Analysis Report By Type (Instruments, Endodontic Consumables), By End Use (Dental Hospitals, Dental Clinics), By Region (EU, APAC, North America), And Segment Forecasts, 2022 - 2030

The global endodontic devices market size is expected to reach USD 2.55 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.3% during the forecast period. Growing dental tourism, the prevalence of dental caries, and high dental care expenditure are some of the key growth drivers for the market. According to the ADA Health Policy Institute’s second annual Dental Industry Report, dental spending in the U.S. reached an all-time high of 6 billion in 2018, accounting for 3.7% of total health spending (HPI). The role of endodontists has evolved during the past decade due to the introduction of sophisticated techniques and devices in dental practice.

According to a research study published by the ADA, the number of dentists in the U.S. is projected to grow rapidly, leading to an increased volume of procedures in the country. A rise in the cases of untreated tooth decay, high consumption of sugar, tobacco, & alcohol, lack of good oral hygiene & regular dental check-ups, and a lack of fluoridation in water supplies or the use of a fluoride dentifrice, are some of the key factors driving the market. According to the U.S. Oral Health Division of the U.S. Department of Health & Human Services, more than 27% of adults and 20% of children have at least one untreated tooth decay.

Access Research Report of Endodontic Devices Market https://www.grandviewresearch.com/industry-analysis/endodontic-devices-market

Endodontic Devices Market Report Highlights

  • In 2021, the dental hospital end-use segment held the largest market share. A rise in government funding and reimbursement coverage were the key factors responsible for the segment’s growth
  • North America was the largest regional market in 2021 and is likely to retain its position over the forecast period due to a rise in dental expenditure and the number of dental practices
  • Asia Pacific is expected to witness the fastest growth rate during the forecast years owing to rapidly expanding dental tourism and improving healthcare infrastructure in the region
  • Due to the onset of COVID-19, the global market was affected as the footfall of patient appointments for dental treatments was temporarily suspended due to the high risk of transmission
  • However, the market is recovering and companies like Dentsply Sirona reported an increase in sales of their Technologies & Equipment segment in 2021

List of Key Players in the Endodontic Devices Market

  • Danaher
  • Dentsply Sirona
  • FKG Dentaire
  • Ultradent Products
  • Ivoclar Vivadent
  • Septodont
  • Micro-Mega
  • Brasseler Holdings LLC
  • DiaDent Group International

Access Press Release of Endodontic Devices Market @ https://www.grandviewresearch.com/press-release/global-endodontic-devices-market

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Neha Bora

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Neha Bora
Joined: September 16th, 2019
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