The North America endodontic devices market is expected to reach US$ 715.72 Mn in 2027 from US$ 498.53 Mn in 2018. The market is estimated to grow with a CAGR of 4.4% from 2019-2027.
The growth of the Endodontic Devices market is driven by the factors such as, increasing prevalence of dental problems, tooth loss problems in geriatric population and rising demand for cosmetic dentistry. However, limited reimbursement and high cost of dental services factor is likely to act as a restraining factor for the growth of market.
The North American region is likely to experiencing the growth in the endodontic devices due to the increasing prevalence of dental problems. The prevalence of the dental and oral conditions are rising across the North American region. The conditions such as tooth loss, root canal, dry mouth, cavities, biting difficulties and others. Among all the dental problems tooth loss, root canal and cavities are the major dental problems faced by the people across the region. The major factors for the tooth loss are tooth decay, periodontal diseases, injuries, accidents and others.
According to the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth. Additionally, 40 million people on an average in the United States are missing all of their teeth. The ACP estimates that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. Additionally according to the American Association of Endodontic it is stated that over 15 million root canals are performed every year, more than 41,000 root canal are performed every single day.
In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are, product launches, acquisition and partnership. The organic development strategy has been implemented widely that have helped the growth of the companies and in turn have brought about various changes in the market. For instance, March, 2019 FKG Dentaire SA launched TotalFill BC Sealer HiFlow for endodontic obturation. Compared to standard TotalFill BC Sealer, TotalFill BC Sealer HiFlow exhibits a lower viscosity when heated and is more radiopaque, making it optimized for warm obturation techniques.
Mexico is expected to be the fastest growing market for the endodontic devices during the forecast owing to the factors such as rising prevalence of the dental diseases, rising medical and dental tourisms among the others.
Strategic insights for the North America Endodontic Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 498.53 Million |
Market Size by 2027 | US$ 715.72 Million |
Global CAGR (2019 - 2027) | 4.4% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Endodontic Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The List of Companies - North America Endodontic Devices Market
The North America Endodontic Devices Market is valued at US$ 498.53 Million in 2018, it is projected to reach US$ 715.72 Million by 2027.
As per our report North America Endodontic Devices Market, the market size is valued at US$ 498.53 Million in 2018, projecting it to reach US$ 715.72 Million by 2027. This translates to a CAGR of approximately 4.4% during the forecast period.
The North America Endodontic Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Endodontic Devices Market report:
The North America Endodontic Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Endodontic Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Endodontic Devices Market value chain can benefit from the information contained in a comprehensive market report.