Global Market for Endodontic Supplies is Projected to Reach US$815 Million by 2020
Demand for Endodontic Treatments from Aging Patients Fuels
Growth in the Endodontic Supplies Market, According to New Report by Global Industry Analysts, Inc.
GIA announces
the release of a comprehensive global report on Endodontic Supplies markets. Global
market for Endodontic Supplies is projected to reach US$815 million by 2020,
driven by increasing demand for endodontic treatment
from the aging population, and growing emphasis on maintaining dental health
for aesthetic and functional reasons among young adults.
Endodontics, referring to the study
of pathology and morphology of periradicular tissue as well as dental pulp in
humans, is a medical field with a promising future. Aging population presents significant
opportunities for volume growth in endodontic procedures. The need for
endodontic treatments is strongest among patients aged between 35 and 55 years,
as people in this age bracket often suffer from weak gingival tissues that
cause acute sensitivity and tooth decay and necessitate root canal treatment.
Increasing
emphasis on preventive dental care and greater focus on maintaining health of
natural teeth are expected to spur growth in endodontics procedural volumes,
thereby driving demand for various types of endodontic supplies. Development of
innovative products, rising consumer disposable incomes in developing
countries, increasing per capita spends on appearance enhancing products, and
growing awareness over dental procedures such as root canals, are expected to
drive market growth. Complex heterogeneity of endodontic patient population and
the ensuing need to work with an array of challenging anatomical structures is
spurring demand for advanced endodontic supplies. Material advances have significantly
influenced the market, with obturation benefitting immensely from the advent of
new materials. Gutta-percha remains the most widely used obturation material,
while zinc oxide-eugenol and epoxy resin based cements are used as root canal
sealers. Poised to witness strong demand are biomaterials, comprising bioactive
glass, mineral trioxide aggregate, and bioaggregate.
As stated by
the new market research report on Endodontic Supplies, the United States
represents the largest market worldwide. Growth will be driven by recovering
economic growth, aging baby boomer population, and pent-up demand for dental
procedures. Developing regions such as Asia-Pacific and Latin America are
expected to spearhead future growth, driven by low penetration of and untapped
potential in dental services, expanding middle class population and rising
awareness about dental care. Asia-Pacific is forecast to grow at a CAGR of 5.1%
over the analysis period.
Major players covered
in the report include Axis|SybronEndo Dental, Brasseler USA, Coltène/Whaledent
AG, DENTSPLY International Inc., DiaDent, DMG America, FKG Dentaire SA, Ivoclar
Vivadent AG, Laboratoire Septodont, Ultradent Products Inc., and VOCO GmbH.
The research
report titled “Endodontic
Supplies: A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, and strategic industry activities of
major companies worldwide. The report provides market estimates and projections
in US dollars for all major geographic markets including the US, Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe),
Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil
and Rest of Latin America), and Rest of World.
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