Endodontic Devices Market (By Type: Instruments, Endodontic Consumables; By End Use: Dental Hospitals, Dental Clinics, Dental Academic and Research Institutes) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 20212030

The global Endodontic Devices market size is expected to be worth around US$ 2.7 billion by 2030, according to a new report by Vision Research Reports.

The global Endodontic Devices market size was valued at US$ 1.60 billion in 2020 and is anticipated to grow at a CAGR of 5% during forecast period 2021 to 2030.

Report Coverage

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.

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.

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%. 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% 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

• End Use Outlook 

  • Dental Hospitals

  • Dental Clinics

  • Dental Academic and Research Institutes

• Regional Outlook 

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Switzerland

    • Netherlands

    • Belgium

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Thailand

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • United Arab Emirates

The Endodontic Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Endodontic Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Endodontic Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Endodontic Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Endodontic Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Endodontic Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Endodontic Devices by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Endodontic Devices market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Endodontic Devices market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Endodontic Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Endodontic Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Endodontic Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Endodontic Devices market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Endodontic Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Endodontic Devices market. These factors have benefited the growth of the global market for Endodontic Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Endodontic Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Endodontic Devices are as follows:

• Historic Year: 2017-2020
• Base Year: 2021
• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.