The North America endodontic devices market is expected to reach US$ 715.72 Mn in 2027 from US$ 498.53 Mn in 2018. The market is estimated to grow with a CAGR of 4.4% from 2019-2027.
The growth of the market is driven by the factors such as, increasing prevalence of dental problems, tooth loss problems in geriatric population and rising demand for cosmetic dentistry. However, limited reimbursement and high cost of dental services factor is likely to act as a restraining factor for the growth of market.
The North American region is likely to experiencing the growth in the endodontic devices due to the increasing prevalence of dental problems.The prevalence of the dental and oral conditions are rising across the North American region.
The conditions such as tooth loss, root canal, dry mouth, cavities, biting difficulties and others.Among all the dental problems tooth loss, root canal and cavities are the major dental problems faced by the people across the region.
The major factors for the tooth loss are tooth decay, periodontal diseases, injuries, accidents and others.
According to the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth.Additionally, 40 million people on an average in the United States are missing all of their teeth.
The ACP estimates that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. Additionally according to the American Association of Endodontic it is stated that over 15 million root canals are performed every year, more than 41,000 root canal are performed every single day.
In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating.Some of the activities undertaken by the company, which have promoted its growth are, product launches, acquisition and partnership.
The organic development strategy has been implemented widely that have helped the growth of the companies and in turn have brought about various changes in the market.For instance, March, 2019 FKG Dentaire SA launched TotalFill BC Sealer HiFlow for endodontic obturation.
Compared to standard TotalFill BC Sealer, TotalFill BC Sealer HiFlow exhibits a lower viscosity when heated and is more radiopaque, making it optimized for warm obturation techniques.
Mexico is expected to be the fastest growing market for the endodontic devices during the forecast owing to the factors such as rising prevalence of the dental diseases, rising medical and dental tourisms among the others.
Exhibit: Mexico Endodontic Devices Market Revenue and Forecasts to 2027 (US$ Mn)
NORTH AMERICA ENDODONTIC DEVICES - MARKET SEGMENTATION
By Product Instruments Apex Locators Endodontic Motors Endodontic Scalers Machine Assisted Obturation Systems Handpieces Endodontic Lasers Endodontic Consumables Access Preparation Burs Drills Shaping and Cleaning Files & Shapers Irrigation Solutions & Lubricants Obturation Materials Plastic Metals Cements & Pastes MTA Calcium Phosphates Others By End User Dental Clinics Dental Hospitals Dental Academic & Research Institutes By Geography North America US Canada Mexico Company Profiles Danaher Dentsply Sirona Ivoclar Vivadent AG Ultradent Products Inc. Septodont Holding COLTENE Group FKG Dentaire SA Brasseler USA MANI,INC. Nikinc Dental.
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