Dental Caries and Endodontic Market is expected to reach US$ 56.5 Billion at a CAGR of 6.1% by 2032 | FMI
The global Dental Caries and Endodontic Market was valued at US$ 29.7 billion in 2021 and is expected to reach US$ 31.3 billion by the end of 2022. Furthermore, with rising global spending on dental care, the overall demand for dental caries and endodontic products is expected to rise at a robust CAGR of 6.1% between 2022 and 2032, totaling US$ 56.5 Billion by 2032.
Based on product, the dental reconstruction segment dominated the global dental caries and endodontic market in 2021, with approximately 69.5% market share, and is expected to grow at a higher CAGR during the forecast period.
With a surge in the number of oral diseases, implant-supported overdentures are also increasing drastically. Over the recent years, a significant rise in the adult population has been witnessed in seeking dental reconstruction.
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Owing to technological advancements in products such as 3D obturation devices and 3D root canal cleaning systems have led to the demand for dental caries and endodontic markets. Such advancements have encouraged the leading manufacturers in the market to produce and work on more advanced products in order to meet the current demand globally.
Leading manufacturers in the dental implants and products market are meticulously working towards improving technologies with rising research and development activities (R&D). They are shifting their focus on introducing novel advanced dental products with highly efficient features. There has been an increase in the number of suppliers as well in the past decade to meet the growing demand.
The development of advanced mechanisms has led to an increase in the number of pipeline studies that will offer an easy and pain-free procedure to patients without hampering their day-to-day activities.
There is an increase in market growth owing to the initiatives taken by several companies to create widespread awareness within the unprivileged regions. There are certain regions that fall under MEA that still lack awareness regarding oral hygiene and its importance. Thus, campaigns initiated and organized in such regions, sponsored by major companies would lead to the growth of the market.
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In addition to that, the growth of dental caries and the endodontic market is expected to auger growth due to the increasing awareness among the population regarding oral hygiene. People are drastically inclining toward quality treatment to avoid complications associated with oral hygiene. They are spending large amounts on dental care procedures and products to keep their dental and oral structure healthy.
Dental tourism is also expected to surge at a higher pace owing to expensive dental procedures. The population from the U.S. and several other nations travel to developing countries like India, China, and Morocco for dental treatments because of reasonable price points. These procedures cost less even after including travel, lodging, and meals. The aforementioned factors are expected to offer growth opportunities to the manufacturers within this market space.
With increasing competitors in Tooth Decay production sphere, the overall market is expected to be highly fragmented. In order to efficiently meet consumer demands and elaborate their consumer base, key players in the market are adopting strategies such as mergers and acquisitions, partnerships and collaborations, and new product launches.
- Dentsply Sirona Inc.
- 3M Company
- Coltene Group
- SHOFU Inc.
- Essential Dental Systems Inc.
- Danaher Corporation
- Zimmer Biomet Dental
- Straumann AG
- Henry-Schein Inc
- Altatec Medizintechnik GmbH & Co. KG
- Essential Dental Systems, Inc.
- O.M.S. SpA
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Key Market Segments Covered in Dental Caries and Endodontic Industry Research
By Product Type:
- Dental Restoration
- Direct Restoration
- Indirect Restoration
- Dental Reconstruction
- Permanent Sealers
- Obturation Devices
- Infection Control
By End User:
- Somatology Dept in General Hospitals
- Specialized Dental Hospitals
- Independent Dental Clinics
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