The global dental caries and endodontic industry is expected to grow at a compound annual growth rate (CAGR) of 6.1% between 2023 and 2033, providing investment opportunities. By the end of 2023, the estimated value is US$ 33,141.6 million. It is projected that the dental caries and endodontic market size will generate US$ 59,955.7 million in revenue by 2033.
The prevalence of oral disorders is rising rapidly, and so are the use of implant-supported overdentures. The number of adults requiring dental reconstruction has dramatically increased. The demand for endodontics and dental caries is a result of product technological advancements. Leading manufacturers have been motivated by these advancements to create and produce more innovative products in order to satisfy consumer demand.
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The Soaring Incidence of Oral Diseases is a Catalyst for Market Expansion:
The escalating incidence of oral diseases and disorders significantly contributes to the dental caries and endodontic market expansion. Reports from the World Health Organization highlight the significant health burden oral disorders pose in many nations. The whole health and quality of life of people are negatively impacted by these illnesses, which not only cause pain and discomfort but also disfigurement. Due to the increase in oral health problems, there is a greater need for dental care services, products, and products, which increases the market’s economic value.
Since oral diseases can significantly impact public health systems and people’s livelihoods, these issues must be addressed. The dental care sector is seeing growth and investment due to the increasing emphasis on oral health education, prevention, and early intervention.
Emerging Countries Slow to Embrace Dental Technology Due to Innovation Stagnation:
The dentistry business has growing challenges, especially due to the high costs associated with research and development and the lack of adequate infrastructure. Dental procedures and equipment are expensive, which is a barrier. The dental caries and endodontic market expansion is hampered by the lack of effective reimbursement mechanisms and the slow acceptance of technology in emerging countries.
Root canal procedures’ inherent hazards and the poor infrastructure in low- and middle-income nations are additional hindrances to the dental industry’s development. For the dental care industry to flourish and become more accessible, these obstacles must be removed.
The Power of Collaboration Shapes the Future of Healthcare:
Various elements are working together to make the future of the healthcare sector look bright. The public-private support of research activities has increased tremendously in recent years, which is expected to lead to ground-breaking discoveries and developments. To improve patient outcomes and efficacy, personalized medicine is rapidly gaining popularity. It does this by adapting treatment regimens to unique genetic profiles.
The global development of new products is sparked by technological developments, giving dental caries and endodontic manufacturers a competitive advantage. Strategic collaborations are becoming more popular to encourage resource sharing and organizational synergy.
“ Information sharing and access to healthcare are made easier by the growing internet usage rate. A significant market growth rate may be facilitated by the expansion of hospitals and laboratories and by an increase in geriatric patients and healthcare spending per person. The future of the healthcare sector is promising, and there are many prospects for those involved.”, says an FMI Analyst
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Regional Outlook:
Due to its 34.9% dental caries and endodontic market share in 2023, the United States is predicted to rule the world. The growing demand for dental caries and endodontics in the United States is driven by a sharp increase in dental caries among the American population.
Substantial growth possibilities are expected in China. Due to the increasing frequency of oral disorders in the population, rising dental care costs, and the expanding popularity of aesthetic dentistry. It is anticipated that the high penetration of m-health in dental care, the rapid expansion of the healthcare infrastructure, and product innovation may propel China dental caries and endodontic market growth.
Key Takeaways:
- By 2033, the products category’s dental reconstruction sector is expected to hold a share of 69.7%.
- The somatology dept in general hospitals segment is projected to have a market share of 36.6% in the end-user category.
- North America is projected to hold a 38.1% dental caries and endodontic market share by 2033.
- By 2033, Europe’s dental caries and endodontic industry may hold a 33.7% market share.
- By 2033, the United States is projected to control a 34.9% global market share.
- The German economy is projected to hold 9.4% of the market by 2033.
- By 2033, 5.5% of the dental caries and endodontic business is anticipated to belong to Japan.
- The Australia dental caries and endodontic industry may have a growth of 5% CAGR through 2033.
- Through 2033, the dental caries and endodontic business in China is projected to exhibit a CAGR of 6.9%.
- With a CAGR of 5.4% from 2017 to 2033, the India dental caries and endodontic market is scheduled to continue to evolve.
- The United Kingdom dental caries and endodontic industry is predicted to continue evolving at a CAGR of 5.4% through 2033.
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Competitive Landscape:
The overall market is anticipated to be fragmented due to rising competition in dental caries and endodontic production. Key dental caries and endodontic manufacturers are implementing tactics, including mergers and acquisitions, partnerships and collaborations, and new product releases to effectively meet customer expectations and expand their consumer base.
Recent Breakthroughs:
- Introduction
Bredent Medical, a Germany-based manufacturer of dentures, introduced a new line of WhitSKY Zirconia implants in 2022.
- Launch
Dentsply Sirona, Inc. announced in February 2022 the launch of a medical-grade 3D printing technology and a partnership with Google Cloud.
Key Dental Caries and Endodontic Manufacturers:
- 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
- Alpha Dent Implants Ltd.
- HI-TEC IMPLANTS LTD
- Conmet LLC
- DiaDent Group International
- J. Morita Corporation
- IDS Co., Ltd.
- Hiossen Inc.
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Key Segments:
By Product Type:
- Dental Restoration
- Direct Restoration
- Indirect Restoration
- Dental Reconstruction
- Dentures
- Implants
- Abutments
- Crowns
- Bridges
- Endodontic
- Permanent Sealers
- Files
- Obturation Devices
- Others
- Infection Control
By End User:
- Somatology Dept in General Hospitals
- Specialized Dental Hospitals
- Independent Dental Clinics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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