The global endodontic devices market size is projected to reach $2,283.4 million by 2030, advancing at a CAGR of 4.8% during 2021–2030. This can be ascribed to the increasing prevalence of dental infections and rising dental tourism activities.
Globally, the APAC market is projected to witness the fastest growth in the coming years, at a CAGR of over 5.4%. The progress of the market can be attributed to the increasing number of dental care centers, rising R&D activities, and growing awareness about oral hygiene. In developing economies, such as India, the awareness of people on oral health is limited, thus leading to a high incidence of dental diseases.
However, India has around 300 dental colleges, from where about 25,000 practitioners graduate annually. As per reports, the dentist–population ratio is about 1:10,000 in urban and 1:150,000 in rural areas, thus representing a vast inadequacy of dentists in rural areas despite the nation having an overall adequate number of doctors. Additionally, in response to the increasing costs of healthcare, India continues to offer affordable healthcare services, thus making it a preferred destination for dental tourism.
Machine-assisted obturation systems are the fastest-growing category in the market, based on instrument. The category is driven by the technological progressions, which help increase the efficiency of the endodontic treatment and prevent periapical diseases. The most-frequently used techniques include lateral condensation and vertical compaction, with the help of gutta-percha. Such systems offer variable temperature settings, ergonomically designed handpieces, and variable power.
Moreover, the handpieces category is expected to witness significant progress in the endodontic devices market outlook during the forecast period. This is attributed to the introduction of advanced endodontic handpieces, which have enhanced safety features to protect patients and simplify the root canal treatment.
For instance, in April 2018, J. MORITA USA launched the Tri Auto ZX2, a cordless handpiece with a built-in apex locator. Its automatic start & stop features allow files to stop when taken out and start rotating when injected into the canal. Additionally, the handpieces consist of the auto torque reverse function, i.e., if the torque loads exceed a certain value, the auto torque reverse function spins the rotation file in the opposite direction, thus curtailing it from doing any damage.
Additionally, the endodontic lasers category is projected to witness modest growth owing to the increasing preference for laser products due to the precision they offer while conducting a dental surgery; they also offer bacterial decontamination of the root canals. Diode lasers are specifically high in demand due to their portability and cost-effectiveness. Endodontic lasers are used for multiple applications, such as biopsies, lesion removal, and teeth whitening.
Players in the industry have been involved in product launches to remain competitive. For instance, in December 2020, KaVo Kerr launched the ZenFlex NiTi Rotary Shaping File, which features a minimally invasive design and high cutting efficiency.
Major players operating in the endodontic devices market include Danaher Corporation, Dentsply Sirona, FKG Dentaire Sàrl, Ivoclar Vivadent AG, Septodont, Ultradent Products Inc., COLTENE, Micro-Mega, Peter Brasseler Holdings LLC, and DiaDent Group International.