Root Canal Market Overview

The global root canal market benefits from the rising demand for the treatment owing to the expanding population and the subsequent surge in the number of procedures performed. The boost in number of screenings, greater stress on restorative dental procedures, greater consumption of starch-rich diets and fast foods and rising efficacy, efficiency and success rate of root canal treatment has taken the market to greater heights.

There have been many new improvements occurred in the field of root canal in terms of devices and technologies that are used in the procedure. New advanced diagnosis treatments are exceeding the success ratio as compared to the traditional diagnosis which was often delivering mediocre results, failing to examine the teeth properly. Also, there have been several novel approaches emerged to aid the endodontics treatments which are escalating the Root Canal Market on the global platform. Additional factors that are substantiating the growth of the market include paramount concerns of oral health care, increasing geriatric populace, and the well-spread awareness about oral healthcare. Besides, the increasing screening, greater emphasis on restorative dental procedures, and rising safety and success of root canal treatment are fostering the growth of the market.

Having said that, the high cost of root canal treatment could act as a barrier for the market in the near future. However, as product development is one of the best strategies for market growth, the market could observe exponential growth in the coming years. This factor stands true on the back of technological advancements in dental instruments procedures. These advancements are giving rise to a vast -spectrum of antibiotics that have superior protection qualities, thereby enhancing market growth. Also, dental drilling technology is believed to be an unmet need on account of the pain that is part of the procedure. Market development is another critical strategy in the market, with the presence of a huge number of unmet needs within the developing economies like India and China. The product cost is expected to be a decisive factor for market growth in the emerging regions like Asia Pacific and Africa.

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KEYPLAYERS

The key contributing players in the worldwide are root canal market are Benco Dental, LM-Instruments Oy, 3M, Ultradent Products Inc., Schütz Dental GmbH, Confident Dental Equipment Ltd., Kerr Corporation, Dentsply Sirona, Pelton Crane, and others.

Root Canal Market Segmentation

For ease of understanding, the analysis has been segmented into five key dynamics:

By Type         : Nonsurgical Root Canal, Secondary Root Canal, Apicoectomy, Pulpotomy, and Pulpectomy among others.

By Drug         : Anesthetics, Painkillers, and Antibiotics among others.

By Device     : Crowns, Endodontic Instruments, Consumables among others.

By End-user:  Dentistry Hospitals Clinics and Research Academics among others.

By Region    : Europe, North America, Asia Pacific, and the Rest-of-the-World.

Root Canal Market Regional Analysis

The North America region heading with the increasing number of endodontic issues dominates the global root canal market.  Accounting for the largest market share the region is expected to continue with its dominance throughout the forecast period. Factors such as the well-defined oral healthcare market led by the high expenditures and greater dental healthcare penetration foster the growth of the regional market.

Additionally, the higher number of dental procedures, especially in the U.S. and Canada, drive the root canal market in the region. Also, the high concentration of the major hospitals coupled with reasonable reimbursement rates acts as a significant tailwind that propels the growth of the regional market. Moreover, the medical devices companies alongside the equally large number of dental procedures especially the root canal treatment in the US, in turn, favors the growth in the market.

The root canal market in the European region accounts for the second-largest market, globally. Factors such as the growing medical devices industry and healthcare penetration foster the regional root canal market. Germany, backed by its sizeable medical device industry and its vast root canal treatment market is expected to drive the market in the region.  Also, France accounts for a considerably large market for the root canal, providing impetus to the growth of the regional market.

The Asia Pacific root canal market is emerging as a promising market, globally. Factors such as the vast advancements in the medical technologies and medical devices market are propelling the growth of the market. Moreover, the fast-growing healthcare sector and large unmet needs, especially in the rapidly developing countries such as China and India, are likely to lead the regional market over the forecast period.

In developed economies like the US UK, the cost of root canal treatments is quite high which in turn fuels the market growth of medical tourism in emerging economies such as India, Malaysia, etc. South East Asian countries such as China, India, and Malaysia backed by the increasing penetration of the healthcare industry account for the significant contributors to the root canal market in the APAC region.

Recent Developments

Sonedo has managed to raise USD 17 Million to expand the marketing of the GentleWave system, which makes use of acoustic energies to clear out a tooth’s root canal system. The technology utilizes a mixture of vortical flow, broad-spectrum acoustic energies as well as procedure fluids to disinfect and debride the root canal system.

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