
Published On: Mar 2022
Published On: Mar 2022
According to a new market research study on “Asia Pacific Burs and Endodontic Files Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, End User and Country” is expected to reach US$ 298.51 million by 2028 from US$ 171.19 million in 2021. The market is estimated to grow at a CAGR of 8.3% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific aviation headsets market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to rise dental disease prevalence, increasing geriatric population and growing dental health awareness are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to limited reimbursement availability in developing nations.
Countries in Asia Pacific are facing challenges due to increasing incidences of COVID-19. Though, the government of South Korea managed first wave of coronavirus, the conditions are continually worsening during the second wave of pandemic. Many measures have been implemented to contain the spread of COVID-19 that have resulted in significant operational disruption for many companies including the healthcare industry. Due to the outbreak of disease, healthcare industries have been affected severely. Restrictive measures have been taken to control the spread of this pandemic where oral health treatments were the main to be restricted. During these extended lockdowns, elective dental procedures were prohibited and practices were limited to emergency services only. The Indian dental profession was one of the worst hit businesses, with up to 3 months of closures in some states. The market for burs and endodontic files is likely to face a negative impact due to the outbreak of COVID-19. Across China, fatalities have increased. Therefore, it has resulted in an indirect impact on the economy of China. Also, various manufacturing companies have been closed. Thus, pandemic affected the business operation of the various key players operating in this region. For instance, as per the Dental Tribune International, Dentsply Sirona among the market leader in the dental business is expecting a fall in its sales about US$60–70 million in the first quarter in the APAC countries such as Chinese, Japanese, South Korean and Taiwanese markets in the first quarter of this year. Such activities are anticipated to have negative impact on Asia Pacific burs and endodontic files market.
The market for Asia Pacific Burs and Endodontic Files Market is segmented into the type, end user and country. Based on type, the Asia Pacific Burs and Endodontic Files Market is segmented into burs and endodontic files. In 2021, the burs segment accounted for the largest market share moreover registered the highest CAGR during the forecast period. Dental burs are important tools required for almost all dental treatment and procedure. With the advancement of the technology, the burs are enhanced and improved prior to the required procedure for precision and ease of dental surgeries.
Prima Dental, Dentsply Sirona ,Spiral Tools Pvt Ltd.,Global Top Inc.,ROGINDENTAL LLC,Shenzhen Feihuan Medical Instruments Co.,ltd ,Kerr Corporation ,MANI,INC, HENRY SCHEIN, INC.,Komet Dental Among the leading companies in the Asia Pacific Burs and Endodontic Files Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for Asia Pacific Burs and Endodontic Files Market is segmented into type, noise cancellation type and end user. Based on type, the Asia Pacific Burs and Endodontic Files Market is segmented burs and endodontic files. Based on end user, the Asia Pacific Burs and Endodontic Files Market is segmented into hospitals, dental clinics, and research institutes/universities. By Geographically, Asia Pacific Burs and Endodontic Files Market is segmented into (Japan, China, India, Australia, South Korea and Rest of Asia Pacific).
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