Global Analysis of Endodontic Reparative Cement Market by 2027
Posted by Prabha Mahajan on October 3rd, 2022
According to a new market research study titled “Endodontic Reparative Cement Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Product Type, Indication, and End User,” the global endodontic reparative cement market is expected to reach US$ 431.41 million in 2027 from US$ 310.87 million in 2019. The market is estimated to grow at a CAGR of 4.3% from 2020 to 2027. The report highlights the trends prevalent in the global endodontic reparative cement market and the factors driving the market along with those that act as deterrents to its growth. The market is driven by the growing number of endodontic procedures, and launch of advanced endodontic reparative cement varieties. However, lack of access to dental care and unavailability of insurance cover pose a challenge for the market players.
The high cost of root canal procedures and limited coverage for dental care act as challenges for endodontic procedures. However, the presence of alternative techniques such as vital pulp therapy (VPT) and basic root canal therapy (BRT) are expected to accelerate the use of endodontic reparative cement for sealing. The VPT has gained importance due to the long-term cumulative success rate, and it has shown effective results in children. It is indicated for the clinical diagnosis of reversible pulpitis. The VPT also includes procedures that involve indirect pulp capping, direct pulp capping, partial (superficial) pulpotomy, and complete (cervical) pulpotomy. These techniques utilize endodontic reparative cement, such as the MTA- and calcium hydroxide-based varieties, as cavity liner pulp capping agents. The cost-effectiveness of VPT, compared to root canal treatment, has gained much attention and is expected to fuel the demand for endodontic reparative cement in the coming years.
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The developments in the endodontic reparative cement market have been characterized as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as launches, expansion, enhancement as well as relocation. Inorganic growth strategies witnessed in the market were mergers & acquisitions, partnership, collaborations, alliance, and agreement & joint ventures. These activities have paved way for expansion of business and customer base of market players. The inorganic growth strategies undertaken by the companies operating in the global market of endodontic reparative cement include, merger & acquisition, collaboration, partnership, alliance, and agreement & joint venture.
During 2017 to 2020, companies such as, Coltene Group, and others have undertaken various inorganic strategies that have bought about remarkable developments in the endodontic reparative cement market. Inorganic growth strategies in the endodontic reparative cement market accounted for a share of around 50% among the growth strategies undertaken in the market. Similarly, during the year 2016 to 2020, various companies have made organic growth strategies in the endodontic reparative cement market. Some of the activities undertaken by the company, which have promoted its growth are, launches, enhancements and expansion & relocation activities. Companies such are some of the companies that have been implementing various organic strategies that have helped the growth of the company and in turn have brought about various changes in the global endodontic reparative cement market.
Some of the prominent players operating in endodontic reparative cement market are Angelus Dental Products Industry S / A, Ultradent Products Inc., Pulpdent Corporation, Coltène Group, Ivoclar Vivadent, Innovative Bioceramix, Inc., Septodont USA, Brasseler USA, Dentsply Maillefer, and Parkell, Inc. The market players focus on launching new products to sustain their position in the market. For instance, in April-2016, Ultradent Products Inc., launched MTA Flow repair cement, a bioactive powder and liquid gel device designed for the indication of pulpotomies, pulp capping, root-end lining, apexification, perforation repair, and root resorption.
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About the AuthorPrabha Mahajan
Joined: September 26th, 2022
Articles Posted: 158
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