The Root Canal market is projected to reach US$ 1,388.29 million by 2028 from US$ 1,018.21 million in 2021; it is expected to grow at a CAGR of 4.5% from 2021 to 2028.
The Root Canal market is projected to reach US$ 1,388.29 million by 2028 from US$ 1,018.21 million in 2021; it is expected to grow at a CAGR of 4.5% from 2021 to 2028.
Factors such as rising prevalence of dental diseases, growing geriatric population, and increasing awareness regarding dental health are driving the market growth. However, limited reimbursements are likely to hamper the growth of the market.
Root canal management is intended to minimize or eliminate bacteria from the infected root canal, prevent reinfection of the tooth, and save the natural tooth. The common symptoms of tooth damage pulp include pain, heat sensation, and swelling in the gums. When one undergoes a root canal, the infected or inflamed pulp is removed, and the inside of the tooth carefully cleaned and disinfected, then filled and sealed.
This pandemic is affecting the business operation of various key players operating in APAC region. For instance, as per the Dental Tribune International, Dentsply Sirona among the market leader in the dental business is expecting a fall in its sales about US$60 million–US$70 million in the first quarter in the APAC countries such as China, Japan, South Korea, and Taiwan in the first quarter of this year.
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Here we have listed the top Root Canal Market companies in the world
Coltene Group; Dentsply Sirona, Inc.; Envista Holdings Corporation; Brasseler USA; Diadent Group International; Ivoclar Vivadent Group; Mani, Inc.; 3M, Septodont, Inc.; and Ultradent Products, Inc. are among the leading companies operating in the root canal market.
Based on product, the root canal market is segmented into instruments and consumables. In 2021, the consumables segment held the largest share of the market, by product. The consumables segment of root canal market is also expected to witness fastest CAGR in forecast period.
The consumables segment by product for the root canal market is further divided into sub-segments such access cavity preparation, endodontic files, burs, drills, lubricants, obturations, and others. In 2021, the endodontic files segment held the largest share of the market, by consumables. Factors such as rising prevalence of dental diseases, growing geriatric population and increasing awareness regarding dental health are driving the market growth. However, limited reimbursements are likely to hamper the growth of the market
Following the pandemic, dental clinics and hospitals across India have suffered a significant decline in patient traffic, prompting many dentists to close their private practices. Those that were able to keep their clinics and hospitals open have increased their fees to compensate for the loss of patients and to cover their regular expenses, in addition to the extra cost of taking safety precautions. Due to the nature of its profession, dentistry took a huge hit during the Covid-19 pandemic. Dentists work in close quarters with their patients, requiring face-to-face conversation and regular exposure to their saliva, blood, and other bodily fluids. Thus, these factors played a negative role in root canal market in the region due to COVID-19.
Rising Dental Disease Prevalence
Dental diseases are the most common noncommunicable diseases that affect people at least once in their lifetime. Mere toothache causes discomfort, pain, and disfigurement, and in a worse case, it may even lead to death. According to a report of the Global Burden of Diseases Study 2016, published in September 2018, oral diseases have affected ~3.58 billion people worldwide. Dental caries was ranked 11th among the most prevalent dental disease in the world, and it is a severe periodontal disease that further results in tooth loss. Thus, the prevalence of dental and oral conditions is rising worldwide, and these issues might lead to tooth loss, root canal, dry mouth, cavities, biting difficulties, etc. Tooth decay, periodontal diseases, injuries, accidents, etc., are the conditions that might result in tooth loss. The World Health Organization (WHO) revealed that ~60–90% of children and ~100% of adults in the world have cavities. Moreover, according to the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth. Additionally, on average, 40 million people in the US are suffering from tooth decay problems. The ACP estimated that this number is expected to rise over the next two decades owing to surging prevalence of cavity and tooth decay. According to the American Association of Endodontics, over 15 million root canals are performed every year, more than 41,000 root canals are performed every single day.
As per the WHO report on Tobacco and Oral Health 2018, the inequities of dental diseases still exist, and the burden of oral disease in European countries is rising. The report has also stated that a few of the APAC countries are reporting rise in oral cancer cases. Moreover, according to the Oral Health 2020 of the World Health Organization, ~3.58 billion people worldwide suffer from dental caries (tooth decay) in permanent teeth.
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