The Global Endodontic Supplies Market is Projected to Reach US$1.1 Billion by 2022
Increasing Demand for Endodontic Treatments among the Elderly
to Drive Growth in the Global Endodontic Supplies Market, According to a New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Endodontic Supplies market. The
global Endodontic Supplies market is projected to reach US$1.1 billion by 2022,
driven by the growing demand for root canal therapy as the first line of
treatment for saving badly damaged or infected tooth.
Endodontic therapy, a
dental procedure for the treatment of infected pulp of a tooth, leads to the elimination
of infection and ensures protection of diseased or injured tooth from any
microbial infection in the future. Of the various endodontic procedures, root
canal therapy accounts for a major proportion of the overall market. With tooth
extraction being the only alternative option for dealing with diseased or
injured tooth, patients are increasingly opting for endodontic therapy to
retain and/or prolong life of natural teeth. Rising awareness over dental
treatment options and the growing desire to retain natural teeth are driving
patients to opt for root canal procedures. At present a wide range of
instruments and consumables are used in endodontic treatments. The global market
for endodontics supplies is driven by the growing number of endodontic
procedures performed on elderly patients.
Demand for endodontic care
is the strongest among patients aged between 35 and 55 years, given their susceptibility
to developing weak gingival tissues that cause acute sensitivity and tooth
decay and necessitate root
canal treatment. The increasing emphasis on preventive dental care for
aesthetic as well as functional reasons will continue to drive endodontics
procedural volumes in the coming years. Improving economic environment, rising
employment levels and increasing disposable incomes, specifically in developing
economies, increasing spend on appearance-enhancing products are fuelling
demand for root canal treatment procedures and related supplies and consumables.
Also driving growth are factors such as the development of innovative products,
increase in the number of dental practitioners, and the rapid rise in the
number of dental clinics which make access to treatments easier and affordable
to patients.
As stated by the new
market research report on Endodontic
Supplies, Europe represents the largest market worldwide supported
by increasing awareness about facial aesthetics, growing dental needs of an
aging European society, and availability of insurance coverage for a number of
dental treatments. Asia-Pacific is poised to grow at a CAGR of 4.5% over the
analysis period led by China, Korea and India. Low penetration of endodontic
treatments offer untapped potential for growth in these markets in addition to factors
such as increasing disposable incomes, wider availability of private health and
dental care services and the relatively lower procedural prices.
Major players covered in
the report include Brasseler USA, Coltène/Whaledent AG, Dentsply Sirona Inc.,
DiaDent, DMG America, FKG Dentaire SA, Ivoclar Vivadent AG, Kerr Corporation,
Laboratoire Septodont, MICRO-MEGA® SA, Ultradent Products Inc., and VOCO GmbH,
among others.
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, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections for all major geographic markets such as 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.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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