Endodontic Files Market: Offline Distribution Channel Segment Dominated And Accounted For The Maximum Share
Endodontic Files Industry Overview
The global endodontic files market size was valued at USD 17.96 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% over the forecast period from 2021 to 2028. Factors propelling the market growth are the rise in awareness concerning dental care, growing demand for dental care in the geriatric & pediatric population, rise in dental expenditure, government initiatives, and insurance coverage. The improved reimbursement scenario, growing dental tourism, and improving infrastructure are some of the key factors likely to drive the global market in the coming years. However, in 2020, the global market experienced a severe short-term decline due to the Covid-19 pandemic.
The dental practices across the world were forced to close during the lockdown. The market began to recover in the last quarter of 2020 as the dental practices were able to reopen with some restrictions and measures to avoid the spread of the virus. The continuous development of technologically advanced files leading to efficient and faster treatment further fuels product adoption by dental professionals. The introduction of the Nickel-titanium (NiTi) rotary files has improved the root canal procedures due to superelasticity and shape memory for quality treatment.
Gather more insights about the market drivers, restraints and growth of the Global Endodontic Files market
The modernization of the product has resulted in the development of improved files that reduce procedural errors. In addition, the growth in R&D investments by the key players, such as Dentsply Sirona, Coltene, Henry Schein, and Envista Holdings, for the development of more efficient products are boosting the market growth. The rising government initiatives over the past few years have introduced dental health programs leading to specialized public dental health.
In most countries, dental services are provided through the public as well as private sectors. The public sector provides treatments at a subsidized rate or free of cost to rural areas, low-income groups, and dependent groups, such as children and the geriatric population, to promote the awareness and the adoption of dental care. Furthermore, many associations working in the market are working towards spreading awareness and supporting practitioners in most of the countries across the globe.
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- Endodontic Devices Market - The global endodontic devices market size was valued at USD 1.75 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030.
- Dental Equipment Market - The global dental equipment market size to be valued at USD 16.5 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% during the forecast period.
Endodontic Files Industry Segmentation
Grand View Research has segmented the global endodontic files market on the basis of type, material, distribution channel, end-use, and region:
Endodontic Files Type Outlook (Revenue, USD Million, 2016 - 2028)
- Manual
- Rotary
Endodontic Files Material Outlook (Revenue, USD Million, 2016 - 2028)
- Stainless Steel
- Nickel-titanium
Endodontic Files Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)
- Offline
- Online
Endodontic Files End-use Outlook (Revenue, USD Million, 2016 - 2028)
- Hospitals & OPDs
- Dental Clinics
- Others
Endodontic Files Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA (Middle East & Africa)
Key Companies profiled:
Some prominent players in the global Endodontic Files Industry include
- Dentsply Sirona
- Henry Schein
- Ultradent Products
- FKG Dentaire
- Ivoclar Vivadent
- Coltene
- Micro-Mega
- Brasseler Holdings, LLC.
Order a free sample PDF of the Endodontic Files Market Intelligence Study, published by Grand View Research.
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