Endodontic Files Market
Number of pages: 100 | Report Format: PDF | Published date: May 16, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023 to 2031
|
Report Attribute |
Details |
|
Market Size Value in 2022 |
US$ 19.76 million |
|
Revenue Forecast in 2031 |
US$ 30.39 million |
|
CAGR |
4.9% |
|
Base Year for Estimation |
2022 |
|
Forecast Period |
2023 to 2031 |
|
Historical Year |
2021 |
|
Segments Covered |
Type, Material, End User, and Region |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global endodontic files market was valued at US$ 19.76 million in 2022 and is expected to register a revenue CAGR of 4.9% to reach US$ 30.39 million by 2031.
Endodontic Files Market Fundamentals
Endodontic procedures are intended to protect human teeth from damage and infections that affect the tooth pulp. It is crucial to minimize irritability and infection during root canal surgery. Consumables are also referred to as things that are frequently bought. The major focus of research in endodontics is on understanding the causes, diagnosing, and treating illnesses and injuries that damage the tooth pulp. Numerous advancements and adjustments have been made to endodontics to improve the efficacy of the procedure, which has been the subject of much research. Endodontists, root canal specialists, and endodontic surgeons carry out surgery, endodontic retreatment, damaged tooth treatment, and dental trauma repair. Arterioles, nerves, lymphatic tissue, fibrous tissue, and venules make up the dental pulp, which is protected by endodontic treatments against diseases and infections. As per a systematic review and meta-analysis on the prevalence of root canal treatment worldwide (2022), 8.2% of teeth worldwide have undergone endodontic therapy, while 55.7% of persons over the age of 18 have undergone at least one root filled teeth. This indicates that more than half of the global population has had at least one root filled teeth in their lifetime.
The research study on the endodontic files market overview thoroughly analyzes the market, along with the aspects that either help or hinder the market's growth, such as its drivers, challenges, and opportunities. The research also discusses the list of businesses that operate in this market and their efforts to establish themselves as major players through expansion plans and innovative ideas. It also emphasizes current events that support the market's revenue expansion. The research also analyses how the COVID-19 pandemic has affected society.
This report is an important tool for the industry stakeholders to gather all the information about the market, customers, and competition. The report also provides the readers with valuable insights on the segmentation, regions, market size & forecast, revenue CAGRs, and other valuable data to help make informed strategic decisions. The study compiles information gathered from industry participants and specialists across the industry value chain. The report also taps into the qualitative and quantitative assessments by industry analysts. Our reports use different methods for estimating the market size and forecast, including secondary research, surveys and interviews, and statistical modeling. With these steps, our reports provide the most accurate market data. These datasets will cumulatively provide in-depth Endodontic Files market forecast to the industry stakeholders.
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Endodontic Files Market Dynamics
Rising cases of periodontal disease, an aging population, technical advances in endodontic therapy, increased knowledge of oral hygiene, and dental tourism are some of the main reasons influencing market development. According to the World Health Organization (WHO), oral diseases were estimated to affect 3.5 billion people by the end of 2022. These diseases are brought on by a variety of modifiable risk factors, such as sugar consumption, tobacco use, alcohol consumption, poor oral hygiene, and their underlying social and economic determinants. Because there are so many oral disorders, endodontics will be used more frequently, driving market expansion.
Additionally, increasing endeavors by the major market players will result in the introduction of novel goods, which will boost consumer adoption and fuel market expansion. For instance, Ultradent Products, Inc. will introduce its revolutionary endodontic MTApex bioceramic root canal sealer in February 2022. Any endodontic obturation technique may be utilized with the bioceramic sealer that MTApex offers. Therefore, the introduction of such cutting-edge items to the market will fuel market expansion.
Endodontic files have been modernized, and as a consequence, better files have been created that have fewer procedural problems. The market is expanding as a result of the leading companies increasing their R&D expenditures to create more effective products, including Dentsply Sirona, Coltene, Henry Schein, and Envista Holdings. Government initiatives have increased over the past several years, resulting in the introduction of dental health programs and specialized public dental health.
Endodontic Files Market Ecosystem
Endodontic Files Market, by Type
Endodontic Files Market, by Material
Endodontic Files Market, by End User
Endodontic Files Market by Type
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At almost 50% of the global market in 2022, the manual files sector had the biggest revenue share. During the projection period, the category is expected to maintain its top spot while expanding at the quickest CAGR. This expansion is attributable to the fact that dentists prefer to use a regulated system while doing root canal operations. The expanding technology in NiTi files, which uses a variety of designs, applications, materials, and production techniques, is driving the industry forward. For initial canal negotiation, creation, maintenance of patency, glide path generation, and apical measuring, manual files are less costly and customary but still necessary. To further stimulate the segment growth, a mix of manual and hand files are advised for comprehensive root canal therapy.
Segmentation of the market refers to the division of the industry into subgroups based on factors such as type , material ,end user and region, etc. Market segmentation data helps businesses to understand the preferences and unique needs of different customer groups and develop targeted sales strategies. This information also helps in identifying potential endodontic files market growth opportunities.
Endodontic Files Market by Region
Due to the rising prevalence of periodontal disorders and the rising disposable income in this area, North America is anticipated to have a significant market share in the endodontics industry. It is estimated that in 2022, North America occupies approximately 40% of the global endodontic files market. A correct filling (at the apex) of root canals in conjunction with adequate coronal margins allows achieving a long-term high success rate in teeth with a periapical lesion, according to a study published in February 2021 titled "Clinical Outcomes of Endodontic Treatments and Restorations with and without Posts Up to 18 Years." Such research demonstrating the high success rate of endodontic treatments in the United States would encourage patients with oral disorders to seek out endodontic treatment more frequently, which will enhance demand for endodontic goods and propel the market's expansion.
However, throughout the projection period, Asia Pacific is expected to increase at the quickest rate. This expansion is attributed to the rise in dental care facilities, dental tourism, manufacturing R&D, and expanding dental care awareness in Asia Pacific's emerging nations. Additionally, the presence of groups in the region that specialize on the field of endodontics, such as The Asian Pacific Endodontic Confederation (APEC), would aid market expansion.
Based on the regions, the global Endodontic Files market is segmented into:
Regional demarcation of the industry will provide information on geographic pockets regarding Endodontic Files market outlook, size, share, and growth rate. This data helps businesses evaluate the expansion potential into new regional markets, understand the competitive threats across different regions, and develop localized sales and expansion strategies.
Key Components of the Report
Endodontic Files Market Competitive Landscape
The market competitive landscape is performed by collecting and analyzing information about the key competitors, the present industry trends, and market dynamics. It includes information collection and analysis on factors such as products, pricing, geographic outreach, customer demographics, marketing strategies, and recent developments. Competitive landscape assessment will help businesses identify the current prevalent or potential opportunities and threats keeping in mind the Endodontic Files industry trends.
Endodontic Files Market Strategic Developments
Key Strengths of Our Report
Target Audience to Benefit from this Report
Reasons to Buy this Report
Endodontic procedures are intended to protect human teeth from damage and infections that affect the tooth pulp. It's crucial to minimize irritability and infection during root canal surgery. Consumables are also referred to as things that are frequently bought.
The total endodontic files market size worldwide in 2022 will be 19.76 million.
North America region/country will have the largest endodontic files market size during the forecast period from 2023 to 2031.
The revenue CAGR in the global endodontic files market expected to have 4.90%.
The resultant market size of the endodontic files market in 2031 will be 30.39 million.
The side effects and risks associated with endodontic treatment, stringent regulatory policies for the approval of products are the key challenges hampering the growth of the global endodontic files market.
The rising cases of periodontal disease and aging population are the drivers of the global endodontic files market.
Some of the prominent players in the global endodontic files market include Dentsply Sirona, FKG Dentaire, and Ultradent Products, among others.
The manual segment has the highest share in the global endodontic files market.
*Insights on financial performance are subject to the availability of information in the public domain