Endodontic Devices Industry Overview
The global endodontic devices market size was valued at USD 1.75 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. An increase in the prevalence of dental caries, high expenditure on dental care, and a rise in out-of-pocket expenditure are some of the major factors driving the market growth. Increasing demand for rotary instruments, improved reimbursement scenario, rising dental tourism, and infrastructural improvements are likely to support the market growth during the forecast period. In addition, the growing investments by key players, such as Danaher and Dentsply Sirona, for geographical expansion are expected to further boost the market growth. According to the Centers for Medicare Medicaid Services report in 2020, the total healthcare spending in the U.S. has increased to around USD 3.8 trillion.
However, the total dental expenditures have declined from 4.5% to 3.7% from 2000 to 2020, and out-of-pocket dental expenditures have remained more than 40% of all dental care spending during this period. The market saw a slight setback due to the COVID-19 pandemic in the second and third quarters of 2020, particularly due to supply chain bottlenecks and national shutdowns. However, after the second quarter of 2020, dental procedures like root canalling, implants, etc. started to resume and this might boost the market growth. The endodontic consumables type segment in the U.S. market is expected to grow at a significant CAGR during the forecast period. A rise in the consumption of sugar and tobacco has led to an increased prevalence of tooth decay and infection.
Gather more insights about the market drivers, restrains and growth of the Global Endodontic Devices market
In the U.K., oral health is improving; however, 24.7% of children aged 5 years above have tooth decay with an average of 3 to 4 teeth affected. Poor oral health leads to expensive treatments, resulting in a significant burden on the national government. Dental tourism is growing worldwide due to an increase in competition and technological advancements, enabling providers in developing countries to offer dental care at economic costs as compared to their counterparts in developed countries. Dental tourism involves patients seeking dental care outside their local healthcare systems. Dental tourism has gained popularity among Europeans and Americans owing to the cost savings associated with services, such as root canals, fillings, dental bridges, and orthodontic care, in destination countries.
In Costa Rica, international tourists seeking dental care accounted for 40% of all medical tourist populations. According to Promed, people from around the world travel to developing countries for dental treatments, primarily because it saves 60-70% of their overall treatment costs. As per the WHO, European and Asian countries have a high prevalence of dental diseases with dental caries being the most frequent dental condition. Developing Asian countries like India and China are witnessing an increase in dental diseases due to the growing consumption of sugary foods, poor tooth brushing habits, and a low level of awareness about dental caries. However, the COVID-19 pandemic affected the overall dental and oral hygiene market.
Regular dental visits, appointments, and consultations were ceased in many countries and key manufacturers reported supply chain and operational constraints. However, the market is expected to recover, as according to the American Dental Association, 39% of practices in the U.S are fully operational with the volume of patients they had before the pandemic. Dentsply Sirona which is a key market player in the dental market reported that its Technologies Equipment segment, which includes endodontic devices, witnessed 6.8% growth in the fourth quarter of 2021 as compared to 2020. This indicates that the dental market is recovering from the losses caused by the pandemic.
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Endodontic Devices Market Segmentation
Grand View Research has segmented the global endodontic devices market based on type, end-use, and region:
Endodontic Devices Type Outlook (Revenue, USD Million, 2018 - 2030)
- Instruments
- Apex Locators
- Endodontic Motors
- Endodontic Scalers
- Handpieces
- Endodontic Lasers
- Machine Assisted Obturation Systems
- Others
- Endodontic Consumables
- Access Preparation
- Shaping Cleaning
- Obturation
Endodontic Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Dental Hospitals
- Dental Clinics
- Dental Academic Research Institutes
Endodontic Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa (MEA)
Market Share Insights
- January 2021: COLTENE launched MicroMega One RECI (a single shaping file in reciprocating motion). This is expected to minimize the mechanical impact on the dental hard tissues.
Key Companies profiled:
Some of the key players in the global endodontic devices market include:
- Danaher
- Dentsply Sirona
- FKG Dentaire
- Ultradent Products
- Ivoclar Vivadent
- Septodont
- COLTENE
- Micro-Mega
- Brasseler Holdings LLC
- DiaDent Group International
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