Endodontics Market to rise to USD 3.20 billion by the end of 2030

Posted by omkar on October 24th, 2019

The Global Endodontics Market held USD 1.76 billion in 2019 and is predicted to reach USD 3.20 billion by 2030 with a CAGR of 5.6% from 2020-2030

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Endodontics deals with the treatment of dental pulp and the tissues surrounding roots of the teeth. It includes etiology, diagnosis, and treatment of diseases and injuries related to dental pulp. Endodontics field has extensively researched on several advancements and developments that enhance the effectiveness of the treatment. Endodontic therapies protect the tooth from diseases and infections form causes to the dental pulp enclosing arterioles, nerves, lymphatic tissue, fibrous tissue, and veins.

The increasing number of root canal procedures worldwide and the increasing geriatric population has increased the endodontics market size. In addition, adoption of multiaxis grinding machinery has provided better cutting ability and emerging technologies has also supported the growth of the market.

The factors including rapid growth in the geriatric population and increasing number of dentists and dental practices have majorly driven the endodontics market trend. The growing dental tourism, increasing dental expenditure along with an increase in disposable incomes has further supplemented the market growth. However, limited reimbursement for dental procedures is hampering the growth of the endodontics market. The lucrative growth opportunities in emerging countries and a gradual shift towards newer technologies and products will create new opportunities for market growth in the future.

The endodontics market is segmented on the basis of product, end user, and geography. On the basis of the product, the market is segmented into consumables and instruments. The consumables segment is further sub-segmented into access cavity preparation and shaping & cleaning, obturation. The instruments segment is further sub-segmented into apex locator, endodontic scalers, machine assisted obturation systems, handpiece, and endodontic laser. On the basis of application, the market is classified into the dental clinic, hospital, and dental academic research institute. Geographic breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Europe denotes a higher adoption of the endodontics and is anticipated to hold the highest endodontics market share during the forecast period. This is attributable to the factors including demand for improving aesthetic appearance, increasing use of dental consumables, high consumer awareness, and technological advancements.

It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to the incidence of periodontal diseases, increasing disposable incomes in emerging countries, the growing awareness on dental hygiene, and increasing number of dental practitioners in this region.

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Comprehensive competitive analysis and profiles of the major market players such as FKG Dentaire S.A., Peter Brasseler Holdings, L.P., Dentsply Sirona Inc., Danaher Corporation, Ivoclar Vivadent AG, Ultradent Products Inc., Septodont Ltd., Mani, Inc., Coltene Holding AG, and other are provided in the endodontics market report.