Press release
Endodontics and Orthodontics Market to Grow by US$ 9.5 Billion from 2024-2034 With a 5.3% CAGR
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Key Companies Profiled in This Report
Dentsply Sirona, Inc.
3M
Align Technology, Inc.
DENTAURUM GmbH & Co. KG
FKG Dentaire SA
Inoclar Vivadent Inc.
Mani, Inc.
Coltene Holdings AG
Danaher Corporation (Ormco)
Others
A burgeoning number of orthodontists and specialized dentists are expected to sustain market expansion. Furthermore, technological advancements in these fields are streamlining the diagnostic process, attracting more patients to seek endodontic and orthodontic solutions. The Endodontics and Orthodontics Market, within the broader dental industry, focuses on diagnosing, preventing, and treating dental and facial irregularities. Endodontics primarily addresses issues related to dental pulp and surrounding tissues, while orthodontics specializes in correcting teeth and jaw irregularities. The market's growth is propelled by factors such as the increasing prevalence of dental disorders, rising awareness regarding oral health, and continuous advancements in dental technology.
Key Takeaways from the Endodontics and Orthodontics Market Study
In 2019, the endodontics and orthodontics market generated market revenue of US$ 4,380.8 million.
By 2034, North America is anticipated to acquire a total of US$ 3,531 million, recording a CAGR of 5.2% through this period.
The East Asia market is expected to acquire a market share of 16.6% in 2024. By 2034, the market is anticipated to reach US$ 1,970 million.
By product type, the endodontic product is predicted to acquire a market share of 60.7% in 2024. In terms of value, the segment is expected to reach US$ 3,435.7 million in 2024.
By 2034, the segment is anticipated to attain US$ 5,694.6 million, recording a CAGR of 5.2% in the meantime.
Based on end users, the dental clinics segment is projected to acquire a market share of 71.2% in 2024. The segment is predicted to be worth US$ 4,031.4 million in 2024 and expand at a CAGR of 5.3% thereon.
Competitive Landscape
Key players in the endodontics and orthodontics market (근관치료 및 치열교정 시장) are actively pursuing mergers, acquisitions, and partnerships to enter and expand their presence in the market. Additionally, manufacturers are investing in new facilities to enhance their productivity and meet the growing demand for endodontic and orthodontic treatments.
Several key developments have been observed in the market:
In April 2023, the University of Sydney introduced a new Endodontics stream in the Doctor of Clinical Dentistry degree to offer dentists the chance to become experts at saving teeth. This development has been made possible by collaborative partnerships at Sydney Dental Hospital and NSW Health.
In July 2023, Brident Dental & Orthodontics announced the opening of a Texas office in Fort Worth, situated in Tarrant County. The new dental office is famous for offering high-quality dental and orthodontic services across Texas. The recent opening is expected to effectively serve the oral health demands of people residing in the greater Dallas area.
Dentsply Sirona, in October 2021, introduced SureSmile Aligner Software upgrades to enhance the user experience.
Align Technology, in September 2021, launched the Itero Workflow 2.0 Software, featuring advanced Itero Element 5D Imaging System Auto-upload functionality.
DENTAURUM GmbH & Co. KG, in September 2021, introduced ceraMotion Z, a smart concept for natural all-ceramic restorations.
These developments reflect the continuous efforts of key players to innovate and offer advanced solutions in the endodontics and orthodontics market.
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Country-wise Insights
In 2024, the endodontics and orthodontics market in North America is expected to reach a market share of 37.6%. In 2024, the area accumulated a total of US$ 2,131 million. The market is expected to reach US$ 3,531 million by 2034, growing at a 5.2% compound annual growth rate. With its well-established and constantly growing healthcare systems, the United States leads the region.
By 2024, it's expected that the East Asian market will account for 16.6% of the global market. By 2024, the region is expected to be worth US$ 942 million. The market is projected to create value of US$ 1,970 million by 2034, with a compound annual growth rate (CAGR) of 7.7%. The market is expanding as consumer knowledge of oral health issues rises. It is anticipated that East Asia's promising growth rate will draw industry participants to expand their operations there.
Segmentation of Endodontics and Orthodontics Market (Markt für Endodontie und Kieferorthopädie) Research
By Product Type:
Endodontic Product
Orthodontic Product
By End User:
Dental Laboratories
Dental Hospitals
Dental Clinics
Others
By Region:
North America
Europe
Latin America
East Asia
South Asia and Oceania
The Middle East and Africa
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