Endodontic Devices Market has emerged as a rapidly growing space. According to Market Research Future (MRFR), the global endodontic devices market is poised to witness exponential accruals by 2023. MRFR, in its recently published report, also asserts that the market would register a CAGR of 5.34% over the forecast period (2018 – 2023). Additionally, the increasing numbers of dental procedures and dental care facilities act as major tailwinds to market growth.
Endodontic devices comprise an extensive line of instruments & accessories used in the treatments of dental diseases & disorders, ranging from routine root canals to complex microsurgeries. These devices are designed to deliver outstanding patient care with exceptional response, durability, and integrity for a variety of endodontic procedures. With the growing technological advancements and healthcare industry, endodontic devices have evolved a great deal, improving the quality of dental treatments.
Rising prevalence of various dental and periodontal issues that often lead to root canal procedures alongside the increasing spending on dental care boost significant market demand. Also, favorable reimbursements and rising medical devices companies favor the growth in the endodontic devices market. Increasing aging population and oral cancer cases propel the growth of the market substantially.
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However, the high cost of dental treatments, illegal sales of dental products, and complications arising during treatments are impeding the market growth. Nevertheless, greater emphasis on restorative dental procedures and well-spread awareness about oral healthcare would support the market growth throughout the forecast period.
Key Players – Endodontic Devices Market
Highly competitive, the endodontic devices market appears fragmented due to the presence of many well-established players. Mergers & acquisitions, collaboration, expansion, and product/technology launch are the key strategies traced from the analysis of recent developments of these key players. Key manufacturers develop a comprehensive range of safe and reliable solutions portfolio utilizing a breakthrough manufacturing technology.
Players leading the global endodontic devices market include Danaher Corporation, Dentsply Sirona, Ivoclar Vivadent, Septodont, Ultradent Products, Brasseler USA, DiaDent Group International, Micro-Mega, COLTENE Holding, Surtex Instruments Limited, Kerr Corporation, Hu-Friedy Mfg. Co., LLC, and Davis Schottlander & Davis Ltd, among others.
Endodontic Devices Industry News
June 3, 2019 – Young Innovations, Inc. (the US), a leading global dental equipment and supplies manufacturing company, announced the acquisition of Germiphene Corporation (Canada), a leading manufacturer and supplier of infection control products and other materials for professional dental use. Young Innovations’ portfolio of brands includes preventive, restorative, orthodontic, and endodontic segments.
Besides, adding to its broader global portfolio, the acquisition reflects Young Innovations’ continued commitment to invest in businesses that share its values and complement its overall strategy in core categories. It aligns with Young Innovations’ strategy to partner with business owners at an unparalleled pace in today’s evolving dental market.
Segments – Endodontic Devices Market
The market is segmented into three dynamics to widen the scope of understanding,
By Product: Consumables (Endodontic Burs, Endodontic Files & Shaper, Irrigating Solution & Lubricants, Obturation Filling Materials, others) Instruments (Apex locators, Endodontic scalers, Machine assisted obturation systems, Handpieces, Endodontic lasers, others)
By End-user: Dental Clinics, Dental Hospitals, Laboratories, Dental Academic and Research Institutes, and others.
By Regions: Europe, North America, APAC, and the Rest-of-the-World (RoW).
Regional Analysis – Endodontic Devices Market
North America dominates the global endodontic devices market. The largest share of the market attributes to the enormous developments in dentistry and the rising numbers of endodontic procedures. Besides, rising periodontal issues that lead to root canal treatments along with the well-defined oral care foster the growth of the regional market.
Also, the presence of major players and the futuristic healthcare facilities drive market growth in the region. Heading with the high expenditures and greater dental healthcare penetration, the North American endodontic devices market is expected to continue leading the global endodontic devices market throughout the forecast period.
The endodontic devices market in the European region takes the second-leading position. The increasing demand for root canal treatment and rising cases of dental damage & infection in the region boosts market growth. Besides, rapidly prevailing dental problems and increasing per-capita dental care expenditures are creating huge market demand.
Moreover, the growing medical devices industry and healthcare penetration foster the European endodontic devices market. Germany, with its sizeable medical device industry, leads the endodontic devices market in the region. Also, France accounts for a considerable share in the regional market.
The Asia Pacific endodontic devices market is emerging as a promising market globally. Factors such as the vast advancements in medical technologies and devices propel the growth of the market. Moreover, the fast-growing healthcare sector and large unmet needs in rapidly developing countries such as China and India are estimated to lead the regional market over the forecast period.
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