Endodontic Devices Market Revenue, Size, Regional Share Analysis & Forecast Till 2030
The global endodontic devices market is expected to register an approximate CAGR of 5.34% during forecast period, 2018–2023.
Endodontics
is a part of dentistry which deals with the study and treatment of the dental
tissue. Endodontic treatment is also called root canal treatment which involves
the diagnosis, prevention, and treatment of illnesses and injuries of the
dental pulp. The development by the medical device companies in the dental care
immensely improved the quality of dental treatment.
The
increasing globalization and adoption of new technology contribute to driving
the endodontic device market. The major key factors contributing to driving
this market are increasing prevalence of the dental problem, microbial infected
tooth, rising aging population and increasing incidence of oral cavity cancer
among the population.
However,
the factors such as high cost of treatment, illegal sales of dental products
and complications related to treatments may hamper the market growth during the
forecasted period.
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Segmentation
The global
endodontic devices market is segmented on the basis of product, end user, and
region.
On the
basis of product, the global endodontic devices market is segmented into
consumables and instruments.
By consumables,
the global endodontic devices market is categorized into endodontic burs,
endodontic files & shaper, irrigating solution & lubricants, obturation
filling materials and others.
By
instruments, the market is further sub-segmented into apex locators, endodontic
scalers, machine-assisted obturation systems, handpieces, and endodontic
lasers. By end-user, the global endodontic devices market is categorized into
dental clinics, dental hospitals, laboratories, dental academic and research
institutes.
On the
bases of region, the global endodontic devices market is segmented into the
Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas
is expected to hold the largest market share and the Middle East & Africa
with a low market share during the forecasted period.
Regional
Analysis
The
Americas dominates the global market for endodontic devices owing to the rising
occurrence of dental infections because of changing eating habits, the rise in
prevalence of dental ailments, and growth rate of accidents. Also, the presence
of a large number of medical device companies within the region drives the
market. In 2017, it was estimated that Europe stood second in the global
endodontic devices market due to the rising demand for root canal treatment and
increasing microbial infection in teeth in boosts the market growth.
Asia-Pacific was the fastest growing region for the global endodontic devices
market in 2017. Factors such as increasing innovation and awareness about the
available treatment methods of various dental problems fuels the market growth
within the region.
On the
other hand, the Middle East and Africa holds the least share in the global
endodontic devices market. The presence of poor economies and low per capita
income, especially within the African region make the market to lag within the
region. A majority of the market share within this region is estimated to be
held by the Middle East.
Key Players
Some of the
key players in the global endodontic devices market are DENTSPLY SIRONA, Danaher
Corporation, Ivoclar Vivadent, Ultradent Products, Septodont, Brasseler USA,
MICRO-MEGA, DiaDent Group International, COLTENE Holding, Kerr Corporation,
Surtex Instruments Limited, Davis Schottlander & Davis Ltd, Hu-Friedy Mfg.
Co., LLC, and others.
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