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Dental Burs and Endodontic Market [2023-2031] Research Reports, Industry Size, Growth Opportunity, Regional Analysis
The global dental burs and endodontic market size was US$ 1,341.5 million in 2021. The global dental burs and endodontic market is forecast to grow to US$ 2,313.7 million by 2030 by growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1220
Dental burs are used in dental care hospitals to carry out treatment processes. These medical devices are manufactured from tungsten carbide and diamond particles. Endodontics is the branch of odontology that encompasses dental pulp treatment, dental trauma, endodontic surgery, cracked teeth, and root canal therapy.
COVID-19 Impact Analysis
The COVID-19 outbreak has drastically affected the global dental burs and the endodontic market as various dental care centers were restructured into COVID-19 treatment centers to increase the hospital capacity. Moreover, raw materials required for dental burs were mostly unavailable due to supply chain disruptions. As a result, it affected the dental burs and endodontic market. Apart from that, extended lockdown further hampered the demand for oral treatments. According to data published by Oral health, dental practices was also declined by nearly 46% in 2021.
Factors Influencing the Market
Advancement in research and development activities is forecast to benefit the dental burs and endodontic market during the forecast period. Apart from that, the growing prevalence of dental trauma, cracked teeth, and other diseases will fuel the growth of the market during the forecast period.
Rising healthcare expenditure will contribute to the growth of the market. Apart from that, the rising geriatric population is expected to escalate the market growth as elderly people are more prone to dental problems.
However, the lack of skilled dental professionals may limit the growth of the market during the forecast period.
Regional Analysis
Based on region, the Asia-Pacific dental burs and the endodontic market is estimated to record notable growth due to the presence of a wide range of players operating in the dental burs and endodontic market. Apart from that, the rising prevalence of dental disease, growing geriatric population, and increasing awareness about oral health are expected to benefit this regional market during the study period. According to data by the United Nations Population Fund (UNFPA), the older population in Asia-Pacific is forecast to increase three-fold in the coming years. The numbers are expected to reach 1.3 billion by 2050. Thus, it will benefit the market during the analysis period.
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Competitors in the Market
• Mani Inc.
• 3M
• Prima Dental Manufacturing Ltd.
• Shenzhen Rogin Medical Co., Ltd
• Tri Hawk, Inc.
• Global Top Inc.
• Golden Star Medical Co Ltd.
• Shinwon Dental Co Ltd.
• Feihuan Medical Instruments Co Ltd.
• Spiral Tools Pvt. Ltd.
• Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Dental Burs and Endodontic industry experienced notable growth in its workforce. Starting in January, employment within the Dental Burs and Endodontic sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Dental Burs and Endodontic output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Dental Burs and Endodontic output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Dental Burs and Endodontic market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Dental Burs and Endodontic market.
Market Segmentation
The global dental burs and endodontic market segmentation focuses on Product, Distribution Channel, and Region.
By Product Outlook
• Diamond Burs
o Round Shape Diamond Burs
o Pear-Shaped Diamond Burs
o Cross-Cut Tapered Diamond Burs
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o Others Diamond Burs
• Carbide Burs
o Round Shape Carbide Burs
o Pear-Shaped Carbide Burs
o Cross-Cut Tapered Carbide Burs
o Others Carbide Burs
• Endodontic Stainless Steel Files
• Endodontic NITI Alloy Files
By Distribution Channel Outlook
• E-Commerce Website
• Pharmacies
By Regional Outlook
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Dental Burs and Endodontic Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Dental Burs and Endodontic Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Dental Burs and Endodontic Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Dental Burs and Endodontic Market Size (2023-2031)
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.
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