According to Vision Research Reports, the global Endodontic Devices market size is expected to hit around US$ 2.7 billion by 2030 and is projected to grow at a registered CAGR of 5% from 2021 to 2030.
According to Vision Research Reports, the global Endodontic Devices market size is expected to hit around US$ 2.7 billion by 2030 and is projected to grow at a registered CAGR of 5% from 2021 to 2030.
Report Highlights
- The instruments segment led the global market in 2021 with a revenue share of over 56%.
- The dental hospitals end-use segment dominated the global market in 2021 and accounted for the highest market share of more than 49.08%.
- North America emerged as the largest regional market and accounted for the maximum share of more than 42.21% in 2021. It is estimated to retain the leading position throughout the forecast period.
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Growth Factors
Growing dental tourism, the prevalence of dental caries, and high dental care expenditure are some of the key growth drivers for the market. According to the ADA Health Policy Institute’s second annual Dental Industry Report, dental spending in the U.S. reached an all-time high of $136 billion in 2018, accounting for 3.7% of total health spending (HPI). The role of endodontists has evolved during the past decade due to the introduction of sophisticated techniques and devices in dental practice.
According to a research study published by the ADA, the number of dentists in the U.S. is projected to grow rapidly, leading to an increased volume of procedures in the country. A rise in the cases of untreated tooth decay, high consumption of sugar, tobacco, & alcohol, lack of good oral hygiene & regular dental check-ups, and a lack of fluoridation in water supplies or the use of a fluoride dentifrice, are some of the key factors driving the market. According to the U.S. Oral Health Division of the U.S. Department of Health & Human Services, more than 27% of adults and 20% of children have at least one untreated tooth decay.
An increase in the prevalence of dental caries, high expenditure on dental care, and a rise in out-of-pocket expenditure are some of the major factors driving the market growth. Increasing demand for rotary instruments, improved reimbursement scenario, rising dental tourism, and infrastructural improvements are likely to support the market growth during the forecast period. In addition, the growing investments by key players, such as Danaher and Dentsply Sirona, for geographical expansion are expected to further boost the market growth. According to the Centers for Medicare & Medicaid Services report in 2020, the total healthcare spending in the U.S. has increased to around USD 3.8 trillion.
Report Coverage
Report Scope | Details |
Market Size | US$ 2.7 Billion by 2030 |
Growth Rate | CAGR of 5% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Type, End use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Danaher, Dentsply Sirona, FKG Dentaire, Ultradent Products, Ivoclar Vivadent, Septodont, COLTENE, Micro-Mega, Brasseler Holdings, LLC and DiaDent Group International |
Type Insights
The instruments segment led the global market in 2021 with a revenue share of over 56%. Endodontic motors held a majority of the revenue share in the instruments segment, as hospitals and other dental care practices prefer a quick and safer way to perform the root canal process. The rising preference for NiTi instruments that provide super-elasticity and help preserve the original anatomy of the apical foramen is anticipated to boost the motor-driven equipment segment. Handpieces are conventional yet emerging technology with a variety of electric handpieces with different designs, applications, materials, and manufacturing methods. In recent years, the use of multiaxis grinding machinery has provided a better cutting ability and file flexibility to hand files. Electric motors are relatively inexpensive compared to air-driven units and are compact & mobile.
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The most used endodontic motors are those that have a continuous and reciprocating motion function as they provide ease of use and save time. Dentsply Sirona offers an X-Smart IQ handpiece, which is a continuous and reciprocating cordless motor with an Apple iOS-controlled application, offering different torque settings and real-time torque monitoring. The access preparation segment, within the consumables domain, is driven by the growth in guided endodontics that allows better predictability, safety, and clinical feasibility to locate canals & prevent root perforation. Navigation in dentistry is a significant example of technological advancement as it has transformed surgical interventions to be safer, more reliable, and predictable. A computer-aided design-based methodology has spurred the demand for customized endodontics.
End-use Insights
The dental hospitals end-use segment dominated the global market in 2021 and accounted for the highest market share of more than 49.08%. Based on end-uses, the global market is divided into dental clinics, hospitals, and academic & research institutes. Emergency hospital visits for preventable oral health conditions have risen dramatically over the past decade and most of these visits were by young adults. According to the American Dental Association’s (ADA) Health Policy Institute, around 2.2 million people visit the hospital emergency department annually for dental pain, and 41% of these visits are reimbursed through Medicaid.
The presence of skilled & certified dental professionals like dental surgeons in hospitals is also boosting the segment growth. Hospital facilities are well equipped with advanced devices for effective diagnosis and quality treatment. Moreover, many patients prefer dental hospitals to undergo surgical dental treatments as they offer high-quality care and service. However, the dental clinic segment is expected to witness the fastest CAGR during the forecast period. Dental clinics are increasingly focusing on personalized attention, customized treatment plans, lower waiting time, providing specialist treatment, adopting upgrading dental technology, and providing treatment that is effective yet economical. These factors are driving the segment growth.
Regional Insights
On the basis of geographies, the market has been divided into North America, Asia Pacific, Europe, Latin America, and MEA. North America emerged as the largest regional market and accounted for the maximum share of more than 42.21% in 2021. It is estimated to retain the leading position throughout the forecast period. As per a study conducted in December 2020 by the U.S. CDC, one in four adults has untreated dental problems and 46% of adults aged over 30 years have signs of gum disease; the prevalence of dental caries was 13%. Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period.
This growth can be credited to the rising number of dental care centers, growing dental tourism sector, and increasing R&D activities in this field. The Asian Pacific Endodontic Confederation (APEC) is an association focused on the specialty of endodontics in the Asia Pacific region. The confederation aims for the development and promotion of high standards of endodontic research & clinical practice along with cultivating a closer professional network of endodontic practitioners within the region. The presence of such organizations is expected to further boost regional market growth.
Key Players
Danaher, Dentsply Sirona, FKG Dentaire, Ultradent Products, Ivoclar Vivadent, Septodont, COLTENE, Micro-Mega, Brasseler Holdings, LLC and DiaDent Group International.
Market Segmentation
- Type Outlook
- Instruments
- Apex Locators
- Endodontic Motors
- Endodontic Scalers
- Handpieces
- Endodontic Lasers
- Machine Assisted Obturation Systems
- Others
- Endodontic Consumables
- Access Preparation
- Shaping and Cleaning
- Obturation
- Instruments
- End Use Outlook
- Dental Hospitals
- Dental Clinics
- Dental Academic and Research Institutes
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