Global market leaders dental caries and endodontics market are actively making acquisitions to expand their product and service platform. The acquisition of prominent regional players by global industries has resulted in the consolidation of the dental caries industry.
The global dental caries and endodontics market is expected to register a CAGR of 5.5% during the forecast period 2017 to 2027, according to a report by Future Market Insights (IMF). In 2017, the market was valued at revenues worth US$24,334.5 million; by 2027, this number is expected to exceed US$40,000 million.
Based on product type, dental reconstruction will remain dominant in the market, growing at a CAGR of 5.8% through 2027. The crowns sub-segment of dental reconstruction products is expected to reach USD 8,380 revenue by the end of 2027. Dental restoration is expected to be the second largest product in the market, with sales expected to surpass $7 trillion in revenue by the end of 2027.
Although specialty dental hospitals will remain the most attractive end-user in the market, dental clinics are expected to experience the fastest growth in demand by the end of 2027. Revenue generated by specialty dental hospitals is expected to reach 9,334 .7 million US dollars in 2017. Dental clinics are expected to show a CAGR of 6.7% in the market through 2027.
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Growing inbound dental tourism is expected to propel market growth in Western Europe
Growing awareness of oral health in Western Europe is leading to increased per capita dental spending, even as public health care coverage for dental services is declining. Dental tourism is considered an imperative sector of the growing medical tourism industry. Inbound dental tourism is increasing in Western Europe. These factors are driving the growth of the market in this region.
However, uncertainties regarding economic conditions in the European Union have reduced the number of dental procedures in Western Europe. In addition, the entry of low-cost competitors into the European market has forced manufacturers to lower the cost of their products. These factors are expected to restrain the growth of the dental caries and endodontics market in Western Europe.
Major players identified in the IMF report include 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., OMS SpA, Alpha Dent Implants Ltd, HI-TEC IMPLANTS LTD, Conmet LLC, DiaDent Group International, J. Morita Corporation, IDS Co., Ltd., Shofu Inc., Hiossen Inc.
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North America will be the most attractive region in the global dental caries and endodontics market
North America is expected to register the highest CAGR in the global dental caries and endodontics market, to reach a revenue of $17,278.3 million by the end of 2027. After the North America by CAGR, Asia-Pacific ex-Japan (APEJ) and Latin America. Western Europe is expected to be the second largest market growth region. Market revenue in this region is expected to reach nearly US$11,000 million by the end of 2027.
CAD/CAM technology is being progressively implemented in dental prostheses and implants in North America, improving manufacturing precision and delivering performance with increased efficiency. In addition, the number of dentists trained in the placement of implants is increasing considerably in this region. Increased patient volume in this region has driven demand for high-margin dental consumables including dental implants, endodontics, copings and bridges. These factors are expected to boost the market growth in North America.
However, factors such as the constant evolution of dental care technology attributed to rapid changes in dental care practices and the size of the local dental care market complicate patient decisions. Additionally, the ban on dental product advertisements makes it difficult for patients to find better products on the market. These factors are expected to hamper the growth of the market in North America.
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Taxonomy of the Global Dental Caries and Endodontics Market
- North America
- Latin America
- Western Europe
- Eastern Europe
- Diagnostic centers
- Home care settings
- Ambulatory surgery centers
type of product
- Dental restoration
- Direct restoration
- Indirect Restoration
- Dental reconstruction
- Permanent sealants
- Obturation devices
- infection control
About Future Market Insights (IMF)
Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.
Future Market Outlook
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