Endodontic Consumables Market To Reach USD 1956.51 Million By 2028 At A CAGR Of 6.28% - Valuates Reports
BANGALORE, India, July 9, 2021 /PRNewswire/ -- Endodontic Consumables Market By Type - Handheld RC File, Rotary File, Obturator, Permanent Endodontic Sealer, By Product - Endodontic File, By Material - Stainless-steel File, Alloy File and End User (Dental Clinic and Hospital & Dental Academic Research Institute). It is published in Valuates Reports under Oral & Dental Care Category.
The global Endodontic Consumables Market generated USD 1234.0 million in 2020 and is projected to reach USD 1956.51 million by 2028, growing at a CAGR of 6.28% from 2021 to 2028.
Major factors driving the growth of the endodontic consumables market are:
- Increase in geriatric population; rise in prevalence of dental diseases such as gum disease, dental crack, and dental cavities.
- The surge in demand for root canal treatment.
- Growing investment in R&D activities by various healthcare companies.
TRENDS INFLUENCING THE GROWTH OF ENDODONTIC CONSUMABLES MARKET
Oral diseases are predicted to be among the world's most frequent non-communicable diseases. Greater intake of alcoholic beverages, nicotine, sweets, and other unhealthy foods has become common due to increased urbanization and lifestyle changes, affecting oral hygiene. This in turn is expected to drive the growth of the Endodontic Consumables Market
Furthermore, an increase in the geriatric population is also expected to propel the Endodontic Consumables Market growth. The geriatric population are more prone to tooth loss and are in frequent need of root canal treatment.
Digital radiography, new ultrasonic units, and electronic apex locators, among other recent advancements in root canal procedures, appear to be creating a lucrative opportunity for the endodontic consumables market.
The government's effort to develop and manufacture various endodontic consumable devices is propelling the industry forward.
ENDODONTIC CONSUMABLES MARKET SHARE ANALYSIS
Based on type of product, the endodontic file segment is expected to hold the largest Endodontic Consumables market share during the forecast period. This is due to the rise in the number of root canal procedures, advancement in the technology in the field of orthodontics, and lack of proper oral hygiene.
Based on end-user, the dental clinic segment is expected to hold the largest Endodontic Consumables market share during the forecast period. This is due to the rise in prevalence of dental diseases such as dental caries, dental cracks, increase in the number of geriatric population, and development in the technology in the healthcare sector.
Due to an increase in the prevalence of dental diseases, the presence of advanced healthcare infrastructure, and a surge in the demand for root canal procedures, Europe accounted for a large share of the endodontic consumables market in 2020, and it is expected to maintain its dominance during the forecast period.
On the other hand, due to an increase in the frequency of dental caries, the number of dentists and dental offices, and increased knowledge about oral hygiene, Asia-Pacific is predicted to have the highest CAGR of 8.90 percent from 2021 to 2028.
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KEY MARKET SEGMENTS
- Endodontic File
- Stainless-steel File
- Alloy File
- Handheld RC File
- Rotary File
- Permanent Endodontic Sealer
By End User
- Dental Clinic
- Hospital & Dental Academic Research Institute
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Saudi Arabia
- Rest of LAMEA
KEY MARKET PLAYERS
- Brasseler USA
- Coltene Holding AG
- Danaher Corporation
- Dentsply Sirona Inc.
- DiaDent Group International
- FKG Dentaire SA
- Ivoclar Vivadent AG
- Prime Dental Products Pvt. Ltd
- Septodont Holding
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SIMILAR REPORTS :
- The global Dental market size is projected to reach USD 45700 million by 2026, from USD 31000 million in 2019, at a CAGR of 5.7% during 2021-2026.
- Endodontic Devices Market by Product-Type: Instruments, Consumables, Application: Dental Hospitals, Dental Clinics, Dental Academic and Research Institutes, Others, Region: North America, Europe, Asia-Pacific and Latin America.
- The indian dental consumables market was valued at usd 116.397 thousand in 2016, and is projected to reach usd 232.527 thousand by 2023, registering a cagr of 10.3% from 2017 to 2023.
- Prophylaxis Dental Consumables Sales market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Prophylaxis Dental Consumables market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the forecasted period.
- Dental Biomaterials of Dental Consumables Market by Product-Type: Dental Bone Grafts, Tissue Regeneration Materials, Membranes, Other, Application: Forensic Laboratories, Dental Hospitals and Clinics, Dental Academic and Research Institutes, Other, Region: North America, Europe, Asia-Pacific and Latin America.
- The global Dental Consumables market size is projected to reach USD 31070 Million by 2027, from USD 24690 Million in 2020, at a CAGR of 3.9% during 2021-2027.
- The global Oral Care market size is projected to reach USD 41990 million by 2026, from USD 34500 million in 2019, at a CAGR of 2.4% during 2021-2026.
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