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Endodontics Market size worth over $1.3bn by 2027

  • Published Date: May 24, 2021

Endodontics Market size is set to surpass USD 1.3 billion by 2027, according to a new research report by Global Market Insights Inc.

Increasing periodontal disease, advancements in endodontics product and government support will drive the market growth. Also, high adoption of endodontic consumables and instruments in treatment of dental impairments and problems related to pulpal will further boost the market expansion. Furthermore, with the growing number of product launches, companies are focusing on strengthening their market position by offering different types of endodontic files such as K-files and H-files. This will increase the product demand and impel the industry growth.

The COVID-19 pandemic has virtually impacted the global markets across all the sectors, including healthcare sector. With emergence of second wave in various countries, the respective government have been forced to impose regional or nation-wide lockdowns. Further, to minimize the spread of infection and following social distancing protocols, various non-essential surgical procedures and treatment have been delayed or postponed. This have significantly affected the sales of endodontic products as many dental clinics witnessed less influx of patients in 2020. The market observed a dip of about 10-15% across various regions. However, with the launch of various vaccines, the market is expected to regain traction and show positive growth during the forecast timeframe. 

Increasing prevalence of periodontal disease worldwide will foster the market revenue

Rising prevalence of periodontal disease along with growing dental tourism across the world will enhance the industry expansion. For instance, as per the International Dental Association (IDA) report, severe periodontal (gum) disease is the 11th most prevalent disease globally. The report also stated that, most oral conditions and diseases share modifiable risk factors with the leading non-communicable diseases. These risk factors may be due to unhealthy diets high in free sugars, tobacco use, and alcohol consumption all of which are increasing at the global level.

Dearth of skilled professionals in developing nation that may slow down the endodontics market progression

Rapid technological changes in the dental field have increased the demand for highly skilled professionals. Understanding and effectively implementing innovative technologies is crucial while performing endodontic surgeries such as root amputation and endodontic therapy. Therefore, highly skilled personnel are required to serve the purpose. Additionally, scarcity of skilled healthcare personnel is largely responsible for slow growth in the developing nations. Thus, limited number of skilled professionals will be the prime factors for restraining the market value.

Browse key industry insights spread across 150 pages with 207 market data tables & 14 figures & charts from the report,Endodontics Market Size By Product Type (Consumables {Endodontic Files, Obturation Materials, Solutions & Lubricants}, Instruments {Apex Locater, Motor, Scaler, Machine Assisted Obturation System}), By End-use (Dental Clinics, Dental Hospitals), COVID19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027in detail along with the table of contents:

Availability of wide variety of instruments coupled with rise in usage of endodontics motors in hospital setting will stimulate the market demand

Instrument segment is expected showcase 3.6% growth rate and will reach USD 534.6 million by 2027. Instruments is further classified into apex locator, scalers, motor, machine assisted obturation systems and others. The endodontic motor held majority of market share in 2020 as hospitals and other dental care practices prefer a quick and safer way to perform the various endodontics procedures. Also, rising preference for NiTi instruments that provide super elasticity preserving the original anatomy of the apical foramen is poised to further surge the segment growth. In addition, availability of wide variety of endodontics instruments to perform dental procedures including polishing, filling and removing decay will further boost the industry progression.

Availability of experienced staff in dental hospitals coupled with growing advancements in medical technology will augment the segment expansion

Dental hospitals segment accounted for USD 264.9 million in 2020. Factors such as availability of experienced staff, accessibility to well-equipped facility with innovative endodontic consumables will fuel the industry value. Furthermore, growing advancements in medical technology and increasing number of dentists in hospital settings will further propel the segment revenue in the coming years.

Increasing number of dental cavities coupled with rising government support in the European region will influence the market growth

Europe endodontics market is estimated to grow at a CAGR of over 3% by 2027 on account of rising number of dental cavities, government support and growing elderly population prone to dental complications. For instance, according to the World Health Organization (WHO) report, nealry 20% to 70% children of aged 6 year have dental caries in Europe. Similarly, government authorities including NHS UK is developing tier-2 (Level 2) services with an aim of accrediting practitioners so that they can deliver NHS services that are not covered by the Standard General Dental Services (GDS). The Level 2 accreditation specifications will be released for oral surgery and endodontics followed by prosthodontics and periodontics. Such high occurrence of dental disorders and government support will supplement the regional growth. 

Companies undertake inorganic growth strategies to strengthen their business portfolio and revenue

The eminent players operating in the market include Dentsply Sirona, Envista Holding, COLTENE, MANI, Ultradent Products, Brasseler USA and Ivoclar among others. These industry leaders focus on strategies such as innovative product development & launches, mergers & acquisitions and collaboration to garner more revenue and sustain market competition.

Authors: Sumant Ugalmugle, Rupali Swain