Endodontics and Orthodontics Market Segmented By Dental Consumables, Dental Market, Root Canal, Endodontics Consumables, Dental Endodontics, Dental Orthodontics
Industry: Healthcare
Published Date: January-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 181
Report ID: PMRREP27700
The global endodontics and orthodontics market was valued at US$ 4.6 Bn in 2020, and is set to expand at 5.2% CAGR to reach a market valuation of around US$ 7.9 Bn by 2031.
| Attribute | Key Insights |
|---|---|
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Endodontics and Orthodontics Market Size (2020) |
US$ 4.6 Bn |
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Projected Market Value (2031) |
US$ 7.9 Bn |
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Global Market Growth Rate (2021-2031) |
5.2% CAGR |
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Share of Top 5 Countries |
56.8% |
In 2020, endodontic products held a substantial share of 61.5% in the global endodontics and orthodontics market. Endodontic and orthodontics product sales accounted for nearly 60% of the global dental equipment market in 2020.
The global endodontics and orthodontics market expanded at 4.3% CAGR over the past 5 years.
Increasing number of dental ailments has led to a rising number of treatments associated with root canal therapy. There is also an increased awareness in terms of dental health and maintenance and the need for dental imaging. This is projected to increase the sales of endodontic and orthodontic products over the coming years, considering the fact that the dental tourism market is rapidly seeping into emerging economies of Asian and African countries.
Rapidly increasing number of qualified dental professionals worldwide would contribute to the growth in access to dental care products. Conjunction of technology and oral healthcare in the endodontics and orthodontics industry has improved the quality of treatment methodologies for the diagnosis of tooth, root canal operations, and improper jaws and teeth.
Quality health insurance plans have empowered customers to choose between silver, gold, or palladium alloys for their dental prosthetics. This has led to a prominent rise in endodontic and orthodontic product shipments across regions.
The endodontics and orthodontics therapy market is expected to expand at 5.2% CAGR and offer an absolute $ opportunity of US$ 529.1 Mn in 2022 from 2021.
Endodontic and orthodontic product suppliers are actively making acquisitions to expand their product and service platforms. Through the introduction of advanced dental care and increasing product application to leverage untapped market opportunities, the global endodontics and orthodontics market presents an opportunistic growth.
Expanding technology to forward integrate the market, such as Dental implants implies the presence of increased patient inflow due to the rising awareness among the general population regarding oral health.
Prominent market participants invest heavily in R&D, which is intended to implement new technology and features in the dental care market. Bridging the gap between demand and supply of dental services provides substantial opportunity for growth of providers of dental services and dental consumables.
Providers of dental services can take this opportunity to educate qualified dental practitioners on the use of specialty dental products such as newly launched dental ceramic implants.
Although awareness regarding oral health has increased in the last few years, many people are still not talking about dental treatment. This is mainly due to the false perception of pain and discomfort during specialty dental treatments such as bridges and implants. The failure to use microscopes as the standard of care will not generate the success rates that endodontic procedures should have.
The market for dental prosthetics is relatively under-developed due to high prices of treatment procedures. Moreover, there is a vast difference in public and private prices of dental services. As per the Dental Industry Association, private clinic treatment costs are 4 to 20 times higher in comparison to public dental clinics.
All these factors are restraining elements for demand growth of endodontics and orthodontics across the world.
What Makes the U.S. the Largest Market for Endodontics and Orthodontics Products?
The U.S. endodontics and orthodontics market led North America with a market share of 89.1% in 2020, and the market is projected to continue experiencing high growth over the forecast period.
Market growth is driven by the presence of an established and ever-growing healthcare system and the presence of major endodontic and orthodontic equipment manufacturers in the country.
Why is Germany Considered a Lucrative Market for Endodontics and Orthodontics in Europe?
Germany dominated the European endodontics and orthodontics market with a share of 22.7% in 2020. Germany possesses considerable institutional funding for research & development, due to which, the quality of research has intensified in the European region.
Additionally, growth of the market in Germany is increasing due to rising number of dental practitioners in the country.
China - An Emerging Market for Endodontics and Orthodontics
China held 32% share in the Asia Pacific endodontics and orthodontics market in 2020, and this is projected to increase over the decade. Expansion of key endodontic and orthodontic product providers in the country and rising customer awareness regarding oral health are driving market expansion in China.
Furthermore, introduction of clear aligners has led to growth in the number of orthodontic procedures in the country, and this is one the major factors contributing to market growth in the country.
Which Product is Driving Market Growth of Endodontics and Orthodontics?
By product, endodontic products project lucrative growth at a CAGR of 4.9% for the decade. Growth is associated with rising awareness about oral disease among the public that is driving demand for endodontic and orthodontic solutions.
Which End User Accounts for Most Demand for Endodontics and Orthodontics Products?
Based on end user, dental clinics led demand for endodontic and orthodontic procedures with more than 72% market share in 2020.
Endodontic and orthodontic solutions are becoming more popular as a result of improved product development in the field of dental restorations and increased patient flow to dental clinics and laboratories.
Furthermore, technological advancements in dental clinics for treatment procedures for better oral disease diagnosis is responsible for a high segment share in the market.
With increasing diseases outbreak and epidemics, the need for easy-to-use endodontic and orthodontic product systems will continue to grow at a steady pace. Governments are focussing on dealing with the current COVID-19 pandemic, which requires aggressive testing to stop the spread of infection.
Dental procedures are attributed to high aerosol generation. With the advent of the pandemic, widespread provision of non-essential dental care experienced cessation due to the lack of mitigation strategies for dental aerosol generating procedures. Moreover, the threat of spreading of infection through open mouth procedures via coughing or sneezing led to the advancements of virtual orthodontic treatment approaches.
Sales of endodontic and orthodontic products thus experienced a dip in growth with the surfacing of the global pandemic. However, the approach of equipment and product manufacturers to work in conjunction with renewed dental SOPs is expected to lift industry revenue in terms of sales over the forecast period.
New product launches and approvals by key endodontic and orthodontic system providers is strengthening their market presence. Novel product development and their inception into emerging markets is one of the prime factors driving market expansion.
Dentsply Sirona and FKG Dentaire are key functional suppliers of endodontic and orthodontic products, and focus on renewing product novelty as well as new product development and launches.
For Instance:
Similarly, recent developments related to companies manufacturing endodontic and orthodontic products have been tracked by the team at Persistence Market Research, which are available in the full report.
| Attribute | Details |
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Forecast Period |
2021-2031 |
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Historical Data Available for |
2016-2020 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
Endodontics and Orthodontics Market by Product:
Endodontics and Orthodontics Market by End User:
Endodontics and Orthodontics Market by Region:
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The global endodontics and orthodontics market was worth US$ 4.6 Bn in 2020, and is set to expand 1.6X over the next ten years.
Endodontic and orthodontic solution demand is expected to reach US$ 7.9 Bn by the end of 2031, with sales revenue expected to register 5.2% CAGR.
From 2016-2020, the endodontics and orthodontics sector expanded at the rate of 4.3%, owing to rising incidences of oral diseases and increased access to dental care products.
Growing dental tourism in emerging markets, geographical expansion by companies, various strategic partnerships, mergers and acquisitions, and changing customer dimensions are key trends being witnessed in this marketplace.
Increasing number of oral diseases, rising government healthcare expenditure and awareness programs, and changing consumer perception are set to drive the market over the forecast period.
The U.S., Germany, China, U.K., and Japan are expected to drive most demand for endodontics and orthodontics.
The U.S. expected to account for over 89% of the North America market share.
Demand for endodontic and orthodontic products in Europe is expected to register growth at 4.3% CAGR over the next ten years.
The U.S., Japan, and Germany are key manufacturers of endodontic and orthodontic products.
The China endodontics and orthodontics market holds a share of 32% in Asia Pacific, with Japan currently holding a revenue share of 22.4%.
