Emerging Trends in Endodontics Market by Types, Revenue, Industry Growth and Forecast 2022

Growth in the global endodontics market is mainly driven by factors such as the rapid growth in the geriatric population, increasing number of dentists and dental practices, rising dental tourism, and increasing dental expenditure along with an increase in disposable incomes.

The global endodontics market is expected to reach USD 1.61 Billion by 2022 from USD 1.21 Billion in 2016, at a CAGR of 5.1% from 2017 to 2022.

Market Dynamics

+ Drivers

+ Rapid Growth in the Geriatric Population

+ Increasing Number of Dentists and Dental Practices

+ Growing Dental Tourism

+ Increasing Dental Expenditure Along With Increase in Disposable Incomes

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Based on product, the market is segmented into consumables and instruments. The consumables segment accounted for the largest share of the market in 2016, and is expected to grow at the fastest CAGR during the forecast period. The large share and high growth of this segment can primarily be attributed to the increasing number of root canal procedures worldwide.

By consumable type, the endodontics market is segmented into the shaping & cleaning, access preparation, and obturation. The shaping & cleaning segment accounted for the largest share of the endodontic consumables market in 2016 and it is also is expected to grow at highest CAGR during the forecast period. This is mainly due to the increasing prevalence of dental caries and rising number of root canal procedures that require these consumables.

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Objectives of the Study

• To define, describe, and forecast the global endodontics market on the basis of product type, end users, and region
• To provide detailed information regarding the major factors influencing the growth of the endodontics market (drivers, restraints, opportunities, and challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze the opportunities in the endodontics market for stakeholders and provide details of the competitive landscape for market leaders
• To profile the key players in this market and comprehensively analyze their market shares and core competencies
• To forecast the market size of the global endodontics market with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa
• To track and analyze competitive developments such as acquisitions, product developments, agreements, partnerships, expansions, and research & development activities in the endodontics market
• To benchmark players within the market using proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business and product strategy

The unfavorable reimbursement scenario for dental procedures is an important factor expected to restrain the growth of this market to a certain extent. Furthermore, the shortage of dental professionals during the forecast period presents a major challenge for the growth of the global endodontics market.

Major players in this market are continuously focusing on securing higher market shares through product launches, expansions, agreements, partnerships, and acquisitions. The prominent players in the endodontics market are DENTSPLY SIRONA (US), Danaher Corporation (US), Ivoclar Vivadent (Liechtenstein), Ultradent Products (US), Septodont Holding (France), FKG Dentaire (Switzerland), Brasseler USA (US), MICRO-MEGA (France), DiaDent Group International (Canada), MANI (Japan), COLTENE Holding (Switzerland), and VOCO (Germany).

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