Endodontics and Orthodontics Market is expected to expand at a 5.3% CAGR through 2032 | FMI

The Endodontics and Orthodontics Market is likely to grow at a CAGR of 5.3% through 2032.

The global increase in oral illnesses and dental caries can be attributed mostly to market growth. However, the COVID-19 outbreak has had a significant influence on growth, limiting treatment to only acute emergencies.

According to an FMI analyst, “substantial research and development activities carried out by some players, which include offering training to dental professionals covering recent information on new technology, materials, and techniques to innovative practise solutions, will complement market growth.”

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Key Highlights

• North America, led by the US will remain the frontrunner in the global market, capturing around 50% of the overall market.
• Dental Clinics will remain the key beneficiary among other end use segments throughout the forecast period.
• Growing popularity for dental implants as a treatment preference over conventional devices such as dentures, bridges, or crowns, is prompting market growth.

Drivers

• Rising healthcare funds offered by the Ministry of Health Labor & Welfare is pushing the growth bars of the market.
• Growth in inbound dental tourism exercises is likely to encourage the growth of the market
• Growing edentulous populace increasing demand for endodontics & orthodontics
• Changing consumer insights and growing awareness regarding the procedures is complementing market growth.

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Restraints

• High costs associated with the procedures can restrict the growth of the market.
• Lack of awareness among consumer can limit the growth as the market entirely follows the consumer’s perception of dental health.

COVID-19 Impact on the Market

The emergence of COVID‐19 outbreak exhibits a vast global health challenge. On the pretext of this, the endodontics and orthodontics market has been negatively impacted as regulatory authorities have issue guidelines and rules to treat patients with acute emergencies to avert the spread the COVID-19 infection.

Competitive Landscape

• Dentsply sirona, inc.,
• 3M,
• Align Technology, Inc,
• DENTAURUM GmbH & Co. KG,
• FKG Dentaire SA,
• Ivoclar Vivadent Inc,
• Patterson Companies, Inc.,
• Mani, Inc.,
• Coltene Holding AG,
• Micro Mega SA,
• Danaher Corporation.

Mergers & acquisitions, partnerships, and product innovation are the some of the chief strategies adopted by market players to enter and expand in the endodontics & orthodontics market.

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The Endodontics and Orthodontics market report provides a detailed taxonomy of the Endodontics and Orthodontics market by product type and end user. The Endodontics and Orthodontics market is divided into permanent sealers, files, obturation devices, and others based on endodontic product type. The Endodontics and Orthodontics market is divided into dental braces, molar bands, wires, retainers, and others based on orthodontic product type.

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