The global endodontic devices market value was US$ 1.2 billion in 2020. The global endodontic devices market value is forecast to reach US$ 1.93 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2021-2030.
Endodontics is the study or practice of dental problems. Endodontic treatment, also called root canal treatment, involves diagnosing, preventing, and treating diseases and injuries of the tooth. Over the past decade, the healthcare industry has created a significant difference in the endodontics device industry, thus improving dental treatment quality.
Factors Influencing Market Growth
The increasing prevalence of dental caries, high out-of-pocket expenditures, and rising dental expenses are the primary factors driving the global endodontic devices market.
A favorable reimbursement scenario, improved infrastructural improvements, and rising dental tourism will support market growth during the forecast period. In addition, the increasing investments by key players such as Danaher and Dentsply Sirona for geographical expansion will further boost the global market growth.
There are several factors that can slow down the market growth, including the high cost of treatment, illegal sale of dental products, and complications in treatment.
Impact Analysis of COVID-19
COVID-19 has caused lockdowns and restrictions across the globe. There have been many disruptions across all industries, which has also affected the endodontic devices market.
A pandemic has caused a short-term decline in the production and sales of the endodontic device, such as apex locators, endodontic motors, endodontic scalers, endodontic lasers, root canal devices, etc. Also, dentist visits have declined considerably in recent years. As a result, the endodontic devices market's growth in 2020 has adversely affected.
Regional Insights
In 2020, North America emerged as the leading regional market, accounted for the highest revenue share, and is forecast to continue to lead throughout the forecast period. A study conducted by the U.S. Centers for Disease Control and Prevention found that one in four adults has untreated dental problems, and 46% of adults over 30 have signs of gum disease; 13% have dental caries.
The Asia Pacific region is forecast to grow at the fastest rate and with the highest CAGR during the forecast period. An increasing number of dental care centers, a growing dental tourism industry, and increasing R&D activities in this field account for this growth. Nearly 12.4% of the Asian and Pacific region's population is 60 years or older according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the number is forecast to grow by around 1.3 billion people by 2050. Therefore, Southeast Asia's enormous aging population may drive the market.
Leading Competitors
The leading prominent companies profiled in the global endodontic devices market are:
Brasseler Holdings LLC
COLTENE
Danaher
Dentsply Sirona
DiaDent Group International
FKG Dentaire
Ivoclar Vivadent
Micro-Mega
Septodont
Ultradent Products
Other Prominent Players
Scope of the Report
The global endodontic devices market segmentation focuses on Type, End-use, and Region.
Segmentation based on Type
Instruments
o Apex Locators
o Endodontic Motors
o Endodontic Scalers
o Handpieces
o Endodontic Lasers
o Machine Assisted Obturation Systems
o Others
Endodontic Consumables
o Access Preparation
o Shaping and Cleaning
o Obturation
Segmentation based on End-Use
Dental Hospitals
Dental Clinics
Dental Academic and Research Institutes
Segmentation based on Region
North America
o The U.S.
o Canada
o Mexico
Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
South America
o Brazil
o Argentina
o Rest of South America
Meta Title: Endodontic Devices Market Size, Share, Insights and Forecast By 2030
Meta Description: The global endodontic devices market value is forecast to reach US$ 1.93 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2021-2030.
Meta Keywords: Endodontic Devices Market, Endodontic Devices Market Share, Endodontic Devices Market Size, Endodontic Devices Market Forecast, Endodontic Devices Market Trends, Endodontic Devices Market Insights