The root canal market size is projected to reach US$ 1.59 billion by 2031 from US$ 1.11 billion in 2023. The market is expected to register a CAGR of 4.6% during 2023–2031. The technical improvements that result in the development of new revolutionary file designs, such as 3D printed nickel-titanium files with higher flexibility, fatigue and fracture resistance, and canal debridement capacity is likely to remain a key trend in the root canal market.
Root Canal Market Analysis
Factors such as rising dental disease prevalence, growing geriatric population, and increasing dental health awareness are driving the market growth. Moreover, the surge in people approaching emerging economies for dental procedures is providing significant opportunities for the future growth of the root canal market players.
Root Canal Market Overview
The root canal treatment intends to reduce or eradicate bacteria from an infected root canal, avoid reinfection, and save the original tooth. Pain, heat feeling, and gum swelling are frequent indications of pulp damage in the tooth. A root canal involves the removal of inflammatory or infected pulp, as well as the careful cleaning and disinfection of the tooth, followed by filling and sealing.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Root Canal Market Drivers and Opportunities
Increasing Dental Health Awareness Favors Market Growth
A majority of the population across the world does not prefer visiting dentists due to the high treatment costs. Also, access to dental care is a bit difficult as it is generally covered under the private healthcare sector. Most dental conditions are preventable and share common risk factors with other chronic diseases. Therefore, there is high negligence toward these problems among people. In addition, social determinants of health such as income, employment, and education also impact health conditions. Moreover, populations residing in rural areas are not aware of dental hygiene, dental health, and diseases. Various governments across the world are supporting oral health education and awareness communities. In the US, American Dental Association has announced February as the National Children’s Dental Health Month. It implemented a dental wellness program in 2019; the program brings several healthcare providers, dental professionals, and educators to promote the advantages of good oral health to children and their caregivers, including teachers. Similarly, in India, the National Oral Health Program was initiated by the Indian Dental Association (IDA) in 2020, to address the burden of dental diseases effectively. Thus, the rising number of awareness programs is boosting the demand for root canal procedures, thereby bolstering the market growth.
Flourishing Medical Tourism in Developing Countries to Create Notable Opportunities in Future
Medical tourism entails approaching foreign healthcare systems to obtain effective services at reduced costs. The majority of dental tourism ad creators target Americans seeking treatment in Mexico or Costa Rica as well as Australians seeking treatment in Thailand, South Korea, and India. Dental tourism is becoming a more significant part of the medical tourism business. In addition, Turkey has been a popular destination for dental tourism, particularly among Europeans. In Istanbul, people may save up to 75% on dental care while enjoying vacation packages. In Turkey, a root canal surgery costs as low as US$ 150, which cost up to US$ 1,000 in the US. Moreover, the treatment involves the use of the most advanced technologies. Thus, the surge in people approaching emerging economies for dental procedures is providing significant opportunities for the future growth of the root canal market players.
Root Canal Market Report Segmentation Analysis
Key segments that contributed to the derivation of the root canal market analysis are product and end user.
- By product, the market is bifurcated into instruments and consumables. In 2023, the consumables segment held a larger share of the market.
- Based on end user, the root canal market is segmented into hospitals, dental clinics, and others. In 2023, the dental clinics segment held the largest share of the market. The hospital segment is estimated to register the highest CAGR during the forecast period.
Root Canal Market Share Analysis by Geography
The geographic scope of the root canal market report encompasses five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. North America dominated the root canal market in 2023. The key factor that is driving the growth are rising number of incidences of dental diseases, and increasing government initiatives in the countries across the region. Also, the expansion of dental insurance is likely to enhance the growth of the market during the forecast period. The market is also expected to mark significant growth due to the rising medical tourism for the dental problems in Mexico.
Root Canal Market Regional Insights
The regional trends and factors influencing the Root Canal Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Root Canal Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Root Canal Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.11 Billion |
Market Size by 2031 | US$ 1.59 Billion |
Global CAGR (2023 - 2031) | 4.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Root Canal Market Players Density: Understanding Its Impact on Business Dynamics
The Root Canal Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Root Canal Market are:
- Coltene Group
- Dentsply Sirona Inc
- Envista Holdings Corporation
- Brasseler USA
- Diadent Group International
- Ivoclar Vivadent Group
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Root Canal Market top key players overview
Root Canal Market News and Recent Developments
The root canal market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the market are mentioned below:
- Prime Dental, a renowned name in the dental care industry, announced the launch of its cutting-edge teeth whitening services in Mount Pleasant. With a commitment to delivering exceptional dental solutions, Prime Dental is set to revolutionize smiles and boost confidence levels for residents in the Mount Pleasant area. (forpressrelease, Newsletter, March 2024)
Root Canal Market Report Coverage and Deliverables
The “Root Canal Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:
- Root canal market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Root canal market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Root canal market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the root canal market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product ; End User , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the market in 2023.
Rising dental disease prevalence, growing geriatric population, and increasing dental health awareness are the major factors bolstering the market.
The technical improvements is likely to emerge as a significant trend in the market in the future.
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 the leading players operating in the root canal market.
The estimated value of the market by 2031 will be US$ 1.59 billion.
The market is estimated to record a CAGR of 4.6% during 2023–2031.