Endodontics Market Is Expected To Grow At A CAGR Of 5.1% From 2017 To 2022

Posted on 2020-01-28 by MarketsandMarkets in Healthcare // 0 Comments

CITY – Northbrook, Country – USA, 2020-Jan-28 — /EPR Network/ —

The global endodontics market size is projected to reach USD 1.61 Billion by 2022 from USD 1.26 Billion in 2017, at a CAGR of 5.1% during the forecast period. Growth in this market is attributed to the rapid growth in the geriatric population, increasing number of dentists and dental practices, rising dental tourism, increasing dental expenditure, and an increase in disposable incomes.

Some of the factors driving the growth of the endodontics market are the increasing number of dentists & dental practices, rising number of root canal procedures, and increasing dental expenditure along with growing disposable incomes.

Browse 194 Market Data Tables and 27 Figures spread through 193 Pages and in-depth TOC on “Endodontics Market – Global Forecast to 2022”

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In this report, the market is segmented by product, end user, and region. By product, the endodontics market is broadly segmented into consumables and instruments. The consumables segment accounted for the largest share of the endodontics market in 2016. This segment is also projected to grow at the highest CAGR during the forecast period. The growth in this market is attributed to factors such as increasing number of root canal procedures across the globe and rising demand for effective root canal treatment and procedures.

Based on end user, the endodontics market is segmented into dental clinics, dental hospitals, and dental academic & research institutes. The dental clinics is expected to grow at the highest CAGR during the forecast period. The growth in this segment is attributed to the growing number of dental clinics worldwide and the increased patient pool treated in clinics.

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In 2016, Europe commanded the largest share of the endodontics market, followed by North America. Although Europe will continue to be the largest market for endodontics, the Asia Pacific (APAC) region is expected to witness the highest growth rate during the forecast period. Asian countries, particularly China and India, are expected to offer significant growth opportunities for endodontic equipment manufacturers. The high growth in these markets can be attributed to the rising geriatric population, growing dental tourism, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure, rising awareness on oral healthcare, and increasing willingness of people to spend more on dental care in this region.

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). These companies adopted strategies such as mergers, acquisitions, partnerships, agreements, expansions, and product launches to enhance their presence in the endodontics market.

Target Audience

Dental product manufacturers & distributors
Dental equipment manufacturers & distributors
Hospital and dental clinics
Government dental associations
Dental practitioners
Market research and consulting firms
Venture capitalists and investors

Endodontics Market by Region

North America
Europe
APAC
Latin America
Middle East and Africa

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