The market for Endodontics And Orthodontics Market is expected to reach US$ XX Mn by 2026.
Over half of the global teenage population suffers from dental conditions such as caries, decay, or misalignment. The WHO also lists dental treatment among the top five healthcare procedures. Growing awareness about oral health, increasing disposable incomes, and an augmented preference for dental aesthetics, along with the incidence of dental diseases, are driving the global endodontics and orthodontics market. A growing number of specialized dentists and orthodontists is also supporting market growth. Technological innovation has assisted in better diagnosis and therefore attracted more patients opting for endodontic and orthodontic treatments. Additionally, the proliferating dental tourism industry is opening new opportunities in Eastern Europe and Asia-Pacific markets.
Among the product types, the endodontics segment is categorized into instruments and consumables. Consumables have the largest revenue and volume share in the global market. Higher volume traded and greater adoption for varied purposes have led to increased market size for the consumables segment. Grinders, drill bits, and fillers are some of the prominently used consumables in endodontics. Endodontic motor instruments shall witness rapid adoption due to perpetual technological innovation in this space. A growing preference for nickel-titanium instruments is also responsible for the augmented growth of the endodontic instruments segment. Among the orthodontic instruments, brackets are the largest revenue-generating segment due to their higher application rate.
Dental treatment is now viewed as an exclusive specialty in several parts of the world. Patients are increasingly approaching orthodontists either on recommendation or directly for cosmetic treatments. This has led to increased patient foot traffic at dental clinics and laboratories. Furthermore, as technological innovation has led to better diagnoses of dental ailments, more and more patients are opting for endodontic and orthodontic procedures. The rising popularity of cosmetic procedures has resulted in an increase in the use of orthodontic procedures. Quicker procedure times and lower waiting times have also led to high patient foot traffic in dental clinics and laboratories.
Transnational travel for medical treatments is a heterogeneous event gaining attention as a strategy for patients to opt for cost-effective medical care while not compromising on healthcare quality. Dental tourism, a subset of medical tourism, involves the travel of patients seeking dental treatments outside their healthcare systems. Countries such as Hungary, Poland, and Croatia in Europe are attracting several patients from the U.K., Germany, and even North America.
India is a major hub for medical tourism in the Asia Pacific, attracting patients from all over the world. The high costs of dental treatments, as well as the lack of health insurance reimbursement for dental expenses, are driving the increased acceptance of dental tourism. Dental tourism companies and corporate chains are advertising all-inclusive packages, including dental procedures, living facilities, side trips to nearby attractions, and travel arrangements to attract more and more clients.
This research report presents the analysis of each considered segment for the period from 2016 to 2026, using 2017 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2018 to 2026.
The endodontics and orthodontics market report provides a quantitative assessment of the industry in terms of current and forecasted market size while also presenting the market dynamics. This market is segmented based on types, usage areas, and geography.
This report also includes a company profiles section that gives insights into the company overview, product portfolio, financial information, and key developments of major market players. Align Technology, Inc., BioMers Pte Ltd., Coltene Holding AG, Danaher Corporation (Ormco), Dentsply Sirona, Diadent Group International, Ivoclar Vivadent AG, 3M Company, DENTAURUM Gmbh & Co. KG, Ultradent Products Inc., Henry Schein, Inc., and Patterson Companies, Inc. are among the major players profiled in this report.
The market for Endodontics And Orthodontics Market is expected to reach US$ XX Mn by 2026.
The Endodontics And Orthodontics Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
BioMers Pte Ltd., Coltene Holding AG, Danaher Corporation (Ormco), Dentsply Sirona, Diadent Group International, Ivoclar Vivadent AG, 3M Company, DENTAURUM Gmbh & Co. KG, Ultradent Products Inc are some of the major players in the global market.