Press release
Endodontic Consumables Market Poised to Surpass US$ 1.6 Billion by 2031 with a 4.5% CAGR Surge from 2022
Market Overview
The global endodontic consumables market, valued at US$ 1.1 billion in 2021, is expected to witness a compound annual growth rate (CAGR) of 4.5% from 2022 to 2031, reaching a value exceeding US$ 1.6 billion by 2031. Endodontic consumables play a vital role in root canal therapy and other endodontic procedures, contributing to the overall dental care landscape.
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Key Developments
In July 2022, Patterson Companies, Inc. demonstrated its commitment to the oral and animal health sectors by granting US$ 125,000 to 11 non-profit organizations working in these fields, emphasizing its dedication to supporting dental and veterinary care initiatives.
January 2022 witnessed SS White Burs, Inc. and Clinical Research Dental forming an exclusive endodontic partnership aimed at expanding their business footprint in Canada and the Caribbean, highlighting collaborative efforts to enhance product availability and customer reach.
Market Segmentation
The market is segmented based on various parameters:
Product Type: Access Cavity Preparation, Endodontic Burs, Paper Points, Shaping & Cleaning (Endodontic Files & Reamers, Imaging Solutions & Lubricants), Obturation (Filling Materials, Permanent Endodontic Sealers, Regenerative Cements), Others
End-user: Hospitals, Dental Clinics, Academic & Research Institutes
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Regional Analysis
The market is analyzed across regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, with each region presenting unique growth opportunities influenced by factors such as healthcare infrastructure, prevalence of dental disorders, and regulatory environment.
Market Drivers and Challenges
Market Drivers:
Increasing Incidence of Dental Disorders
Technological Advancements in Endodontic Consumables
Growing Demand for Minimally Invasive Dental Procedures
Market Challenges:
High Cost of Advanced Endodontic Consumables
Limited Access to Dental Care in Developing Regions
Regulatory Hurdles Associated with Product Approval
Market Trends
Focus on Minimally Invasive Procedures: There is a growing trend towards minimally invasive endodontic procedures, driven by the need for reduced patient discomfort, shorter recovery times, and preservation of tooth structure.
Adoption of Advanced Imaging Technologies: The incorporation of advanced imaging solutions and digital technologies is revolutionizing endodontic diagnosis and treatment planning, enabling precise and efficient treatment outcomes.
Future Outlook
The global endodontic consumables market is poised for significant growth, driven by factors such as increasing dental awareness, rising demand for cosmetic dentistry, and advancements in material science and biomaterials. However, challenges related to product affordability and regulatory compliance may impact market dynamics.
Key Market Study Points
Market Size and Growth Projections
Competitive Benchmarking and Market Share Analysis
Technological Innovations and Product Development
Regulatory Landscape and Compliance Requirements
Competitive Landscape
Key players in the endodontic consumables market include Institut Straumann AG (Straumann Group), Dentsply Sirona, Inc., Henry Schein, Inc., 3M, Ivoclar Vivadent AG, ACE Surgical Supply Company, Inc., Geistlich Pharma AG, SCHEU-DENTAL GmbH, Patterson Companies Inc., Danaher Corporation, and others.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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