Endodontic Devices Market is expected to reach US$ 2,430.1 million by 2028

The endodontic devices market is projected to reach US$ 2,430.1 million by 2028; registering at a CAGR of 5.9% from 2022 to 2028, according to a new research study conducted by The Insight partners

Endodontic Consumables Segment to Lead Global Endodontic Devices Market During 2022–2028

Increasing prevalence of dental problems, growing tooth loss problems in the geriatric population, and rising awareness regarding dental health are the key factors contributing to the growth of the endodontic devices market. However, limited reimbursement and high cost of dental services are restricting the market growth.

Based on product, the endodontic devices market is bifurcated into instruments and endodontic consumables. In 2022, the endodontic consumables segment held a larger share of the market, and it is also projected to register a higher CAGR from 2022 to 2028. The rising number of patients scheduled for the root canal procedures is contributing to the growing demand for endodontic consumables. The endodontic consumables segment is further divided into access preparation and shaping & cleaning. In 2018, the shaping & cleaning segment held a larger share of the market, and is also expected to witness a higher CAGR from 2022 to 2028. Further, the access preparation segment is sub segmented into burs and drills. The shaping & cleaning is further categorized into files & shapers, irrigation solutions & lubricants, and others.

In recent years, dental treatment has emerged as a prime factor for the growth in medical tourism. The treatment involves traveling outside of the local healthcare system to receive services at a substantially lower cost. Most dental tourism advertisements target Americans for treatment in Mexico or Costa Rico and Australians for treatment in Thailand, South Korea, and India. Dental Tourism is an increasingly important aspect of the medical tourism market. Dental tourism in Mexico will flourish in the coming years due to the high-quality procedure at low prices compared to other countries. Government and industrial infrastructure and developments in the dental industry favor the growth of dental tourism in Mexico. Various benefits regarding dental procedures, such as less cost of standard treatments and better accessibility in Mexico, have increased dental tourism. In addition, in the US and Canada, the citizens lack of dental insurance, and the low-cost treatment in the country attracts Americans. The wide difference in the cost of treatment in these countries saves up to 60% off the US prices. In India, the cost of dental implants is much less compared to the cost of implants in the US, UK, Canada, Australia, and other developed countries, with similar or even better-quality treatment.

The increasing influx of patients in emerging economies for dental procedures is likely to offer growth opportunities for the endodontic devices market in these countries in the coming years.

Danaher, Dentsply Sirona, Ivoclar Vivadent AG, Ultradent Products Inc., Septodont Holding, Coltene Group, FKG Dentaire SA, Brasseler USA, MANI INC, and Nikinic Dental are a few of the key companies operating in the endodontic devices market.

Endodontic Devices Market, by Region, 2022 (%)

The report segments the endodontic devices market as follows:

The endodontic devices market is segmented on the basis of product, end user, and geography. Based on product, the market is bifurcated into instruments and endodontic consumables. Based on end user, the endodontic devices market is segmented into dental hospitals, dental clinics, and dental academics & research institutes. Geographically, the market is segmented into North America (The US, Canada, and Mexico), Europe (The UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), the Middle East & Africa (The UAE, Saudi Arabia, Africa, and Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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