Endodontic Devices Market Attractiveness, Research Study Focus Upcoming Trend And Forecast 2028

According to Premium Market Insights new research study on "Endodontic Devices Market is projected to reach US$ 2,430.1 million by 2028 from US$ 1,726.6 million in 2022; it is expected to grow at a CAGR of 5.9% from 2022 to 2028.

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Some Of the Major Players Influencing are Danaher, Dentsply Sirona, Ivoclar Vivadent AG, Ultradent Products Inc., Septodont Holding, Coltene Group, FKG Dentaire SA, Brasseler USA, MANI INC, Nikinic Dental

Endodontics refers to the branch of dentistry concerning dental pulp and tissues surrounding the roots of a tooth. Endodontists use various types of equipment, such as endodontic devices, which are critical in the diagnosis and treatment of the clinical situation. The increasing prevalence of dental problems, growing tooth loss problems in the geriatric population, and rising awareness regarding dental health are the key factors driving the growth of the endodontic devices market. However, limited reimbursement and high cost of dental services are hampering the market growth.

The endodontic devices market is segmented on the basis of product, end user, and geography. The report offers insights and in-depth analysis of the endodontic devices market, emphasizing various parameters, such as market trends, technological advancements, market dynamics, and the competitive landscape analysis of leading market players.

Market Insights

Rising Incidences of Dental Problems to Boost Endodontic Devices Market Growth

Dental and oral diseases are the most common noncommunicable diseases. A single toothache causes discomfort, pain, and disfigurement or could lead to death in certain cases. According to the World Health Organization (WHO) report published in November 2022, oral diseases have affected approximately 3.5 billion people across the world, with 3 out of 4 people affected living in middle-income countries. Further, ~2 billion people are suffering from dental caries, which further results in tooth loss. Untreated dental caries in permanent teeth is the most common dental condition as per the Global Burden of Disease 2019.

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The prevalence of dental and oral conditions is rising across the globe, including tooth loss, root canal, dry mouth, cavities, biting difficulties, etc. Among all the dental problems, tooth loss, root canal, and cavities are the major dental problems among patients. The prime factors for tooth loss are tooth decay, periodontal diseases, injuries, accidents, and others.

In addition, ~5 million Americans aged 65-74 are edentulous; of these, ~3 million have lost all of their teeth due to dental caries, according to the American Dental Association (2020). It is also estimated that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. Additionally, according to the American Association of Endodontic (2019), over 15 million root canals are performed every year, and more than 41,000 root canals are performed every day.

Similarly, as per the WHO report on Tobacco and Oral Health 2018, the burden of oral disease in European countries is rising significantly. Similarly, the prevalence of oral cancer is increasing across the countries of Asia Pacific. Therefore, governments of various countries across these regions are taking measures to control the growing burden of dental diseases. Hence, the increasing government support is leading to the growing demand for endodontic treatment and other dental treatments.

Dental problems are commonly seen in children; hence, governments of various countries are focusing on creating awareness about dental health in schools. For instance, CDC provides management and guidelines to the state and community programs to assist in the plan, set up, and evaluate school sealant programs and to complement services that are provided by private dentists to the population. Therefore, owing to the above-mentioned factors, the endodontic devices market will grow significantly during the forecast period.

Product-Based Insights

Based on product, the endodontic devices market is bifurcated into instruments and endodontic consumables. In 2022, the endodontic consumables segment held a larger share of the market, and it is also projected to register a higher CAGR during the forecast period. The endodontic consumables segment is further divided into access preparation and shaping & cleaning. Further, the access preparation segment is sub segmented into burs and drills. The shaping & cleaning is further categorized into files & shapers, irrigation solutions & lubricants, and others.

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End User-Based Insights

Based on end user, the endodontic devices market is segmented into dental clinics, dental hospitals, and dental academic and research institutes. In 2022, the dental hospitals segment accounted for the largest share of the market. However, the dental clinics segment is projected to register the highest CAGR during 2022-2028. Dental hospitals offer various dental services, which are provided for the purpose of teaching such as oral and maxillofacial surgery, orthodontics, pediatric dentistry, and restorative dentistry, among others. The dental hospital also provides teaching programs that aim to instruct students and residents in the role of dentistry. Dental hospitals offer three teaching programs: pre-doctoral training, general practice residency program, and hospital dentistry preceptorship programs. The services provided in dental hospitals are comprehensive for patients with special needs and complex medical conditions. Dental services are provided for both in-patient and out-patient.

By geography, the endodontic devices market is segmented into North America (The US, Canada, and Mexico), Europe (The UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Middle East & Africa (The UAE, Saudi Arabia, Africa, and Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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This release was published on openPR.