Endodontics Market Size By Product Type (Consumables {Endodontic Files, Obturation Materials, Solutions & Lubricants}, Instruments {Apex Locater, Motor, Scaler, Machine Assisted Obturation System}), By End-use (Dental Clinics, Dental Hospitals), COVID-19

Endodontics Market Size By Product Type (Consumables {Endodontic Files, Obturation Materials, Solutions & Lubricants}, Instruments {Apex Locater, Motor, Scaler, Machine Assisted Obturation System}), By End-use (Dental Clinics, Dental Hospitals), COVID-19 Impact Analysis, Growth Potential, Regional Outlook, Competitive Market Share & Forecast, 2023 - 2032

Endodontics Market is expected to grow exponentially through 2032 owing to the rising awareness toward oral hygiene. Moreover, the increasing trend of dental tourism worldwide would offer potential boost to the industry dynamics. Several initiatives taken by the government and non-government organizations to spread awareness regarding oral hygiene will support the market expansion. For instance, the Government of India has launched the National Oral Health Programme to support the states and UTs in strengthening their infrastructure and facilities for better oral health care.

In addition, the rising prevalence of dental caries, increasing consumer disposable income, and growing expenditure on dental care are expected to act as key factors driving the business growth in the coming years.

The key players operating in endodontics industry are constantly incorporating strategic initiatives such as partnerships, mergers, acquisitions, and new product launches to strengthen their position in the global market. For instance, in May 2022, Envista Holdings Corporation (Envista) inked an authoritative agreement to purchase Osteogenics Biomedical Inc., Allotech LLC, and OBI Biologics, Inc.

Overall, the endodontics market is bifurcated in terms of product, end-use, and region.

Based on product type, the consumables segment held the largest market share in 2022 and is slated to demonstrate considerable growth over the forecast period. Consumables are classified further into endodontic files, solutions and lubricants, obturation materials, and others. The surging use of nickel-titanium rotary and reciprocating files, as compared to the traditional stainless-steel hand file systems, is slated to augment segment expansion. The use of these systems has improved the cleaning and shaping stages of an endodontic procedure, resulting in better canal preparation. In addition, the constantly growing geriatric population and increasing cases of dental diseases will spur the demand for dental consumables.

By end-use, the dental-clinics segment accounted for over 64.5% market share in 2022 and is estimated to demonstrate sturdy growth between 2023 to 2032. The growth can be attributed to the increasing inclination of patients toward treatment from dental clinics and rising establishment of these settings worldwide. Dental clinics offer quick turnaround times and affordable treatments, making them highly preferrable amongst patients. Additionally, dental offices provide several packages that help customers afford the necessary care. Such factors are slated to have a considerable impact on market landscape over the forecast period.

In the regional context, the Europe endodontics market is slated to reach over USD 475 million by 2032. The growth will be credited to factors including the rising incidence of dental diseases, the growing elderly population susceptible to dental complications, and rising initiatives taken by the regional government.