Endodontics Market by Instruments, Consumables, End User - Global Forecast to 2022
NEW YORK, Oct. 5, 2017 /PRNewswire/ --
"The Endodontics Market is projected to grow at a CAGR of 5.1%"
The global endodontics market is expected to reach USD 1.61 billion by 2022 from USD 1.26 billion in 2017, at a CAGR of 5.1% during the forecast period (2017 to 2022). The growth of this market is mainly attributed to rising number of dentists and dental clinics, increasing number of dental caries, growing dental tourism in emerging countries, and increasing dental expenditure along with growth in disposable incomes. However, limited reimbursement for dental procedures is expected to hinder the growth of this market to a certain extent.
Read the full report: https://www.reportlinker.com/p05134417
"The shaping and cleaning segment is expected to grow at the fastest rate during the forecast period"
Based on consumable type, the global endodontics market is segmented into shaping & cleaning, obturation, and access preparation. The shaping & cleaning segment is expected to register the highest CAGR during the forecast period owing to increasing number of root canal procedures and advancement in shaping & cleaning equipment.
"Handpieces dominated the endodontics instruments market in 2016"
On the basis of instruments, the endodontics market is segmented into apex locators, motors, endodontic scalers, machine-assisted obturation systems, handpieces, and endodontic lasers. In 2016, the handpieces segment accounted for the major share of the global endodontics market.
"Dental Clinics segment continue to dominate the market during the forecast period."
On the basis of end user, the endodontics market is segmented into dental clinics, dental hospitals, and dental academic & research institutes. The dental clinics segment accounted for the major share of the global endodontics market and is also expected to register the highest CAGR during the forecast period. The rising number of dental clinics and increasing number of people opting for root canal procedures are expected to drive the demand for endodontic products in this end-user segment.
"APAC to witness the highest growth during the forecast period"
Geographically, the global endodontics market is broadly segmented into five major geographies, namely, North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa. In 2016, Europe commanded a major share of the global endodontics market.
However, APAC is expected to witness the highest growth during the forecast period. Growth in this market is driven by a number of factors, such as the rising geriatric population, growing dental tourism in major Asian markets such as India, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure (coupled with the rising disposable income), rising awareness on oral healthcare, and increasing willingness of people to spend more on dental care.
Break of primary participants was as mentioned below:
• By Company Size – Tier 1–44%, Tier 2–30% and Tier 3–26%
• By Designation Level – C-level–35%, Director Level–25%, Others–40%
• By Region – North America–26%, Europe–30%, Asia-Pacific–22%, Latin America–13%, Middle East and Africa–9%
The prominent players in the endodontics market are DENTSPLY SIRONA (US), Danaher Corporation (US), Ivoclar Vivadent (Liechtenstein), Ultradent Products (US), Septodont Holding (France), FKG Dentaire (Switzerland), Brasseler USA (US), DiaDent Group International (Canada), MICRO-MEGA (France), MANI (Japan), COLTENE Holding (Switzerland), and VOCO (Germany).
Research Coverage
The report analyzes the various types of endodontic consumables and instruments in the market and their adoption patterns. It aims at estimating the market size and future growth potential of the endodontics market for different segments such as product, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, recent developments, and market strategies.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to enhance their market presence.
This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the endodontics market. The report analyzes the market by products and end users across all regions
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and new product launches in the endodontics market
• Market Development: Comprehensive information about the lucrative emerging markets by product, end user, and region
• Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the endodontics market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, and manufacturing capabilities of the leading players in the endodontics market
Read the full report: https://www.reportlinker.com/p05134417
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
https://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Share this article