Endodontics and Orthodontics to reach a market valuation of around US$ 7.9 Bn by 2031

Endodontics and Orthodontics Market 2022-2031

The Endodontics And Orthodontics Market is all set to go great guns in the forecast period. Big data makes way for real-time data visualization, thereby identifying the high-risk populations. Healthcare organizations are into sharing more data. This creation and collection of bigger datasets are likely to increase precision and help organizations in spotting trends. These trends are expected to keep the entire healthcare vertical on the toes.

The global endodontics and orthodontics market is expected to expand at a CAGR of around 5.2% over the forecast period of 2021 to 2031.  As per the latest research report by Persistence Market Research, the global market was valued at over US$ 4.6 Bn in 2020.

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Increasing popularity of being aesthetically perfect in terms of appearance has driven the growth of the dental prosthetics and aesthetics sector over the past few years. Changing lifestyle and perception with regard to facial aesthetics have catalyzed demand growth of endodontic and orthodontic products, wherein, dental implants present a lucrative stance for further revenue growth in the industry. Increasing incidence of periodontal diseases, dental expenditure, and rising global geriatric population, as well as increasing disposable income are prime factors driving market expansion.

Furthermore, novel advancements and innovations with respect to developments in endodontics, growing awareness regarding dental hygiene, and rise in the number of dental practitioners in established geographies are complementing market growth.

Surge in the demand for root canal treatments followed by rising investments in research & development by key healthcare companies has led to the production of newer endodontic and orthodontic products, primarily dental implants. Many key manufacturers of endodontic and orthodontic products are focusing on emerging markets due to their extensive potential for growth as well as to widen their distribution channels across the globe.

Company Profiles:

Dentsply sirona, Inc.
3M
Align Technology, Inc
DENTAURUM Gmbh & Co. KG
FKG Dental SA
Ivoclar Vivadent Inc
Patterson Companies, Inc.
Mani, Inc.
Coltene Holdings AG
Danaher Corporation (Ormco)

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Key Takeaways from Market Study

Endodontic products hold over two-third of the market value share, primarily because of the high prevalence of oral diseases.

Dental clinics dominated the market with a share of around 72.3% in 2020, owing to rising number of dental professionals with independent clinical practices, globally.

North America is the largest regional market with a value share of over 37% in 2020. It is further expected to grow 1.5X by 2031 owing to the presence of major players in the region.

"Rising awareness regarding oral health and advancements in root canal treatments have driven demand of endodontic and orthodontic products" says an analyst of Persistence Market Research.

Market Competition

To increase their sales, major players in the endodontics and orthodontics market have been focused on product innovation. Manufacturers have been inventing ways to innovate their products in order to maintain their market position.

For instance, key players such as Henry Schein, Inc. and Ivoclar Vivadent AG, in December 2019, announced plans for the distribution of the new PrograMill One Milling System, where companies do business together.

Agreements and distribution channel expansions are other key strategies adopted by manufacturers to increase their consumer base in different geographies.

Patterson Veterinary Supply, Inc., a subsidiary of Patterson Companies, Inc., announced that it had signed an agreement to acquire all of the assets of Miller Vet Holdings, LLC, a multiregional veterinary distributor, in April 2021.

Prominent players in this industry include Dentsply sirona, Inc., 3M, Align Technology, Inc, DENTAURUM Gmbh & Co. KG, FKG Dentaire SA, Ivoclar Vivadent Inc, Patterson Companies, Inc., Mani, Inc., Coltene Holdings AG, and Danaher Corporation (Ormco).

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Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint

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