Portland, OR, July 14, 2023 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled, “Endodontic Files Market By Product (Nickel–titanium Endodontic File, and Stainless Steel Endodontic File), By Type Manual and Rotary), By End User (Hospitals, Dental Clinics, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032” According to the report, the global endodontic files industry generated $0.2 billion in 2022, and is anticipated to generate $0.5 billion by 2032, witnessing a CAGR of 6.2% from 2023 to 2032.
Request Sample of the Report – https://www.alliedmarketresearch.com/request-sample/14313
Prime determinants of growth
Increase in root canal procedures, rise in demand for endodontic rotary files and advancements in endodontic files such as introduction of newer NiTi files better than hand files drive the growth of the global endodontic files market. However, the shortage of skilled endodontic specialists is hampering the endodontic files market growth. On the contrary, the growth opportunities in emerging markets including increase in awareness about the importance of oral health and rise in prevalence of oral diseases are expected to offer remunerative opportunities for expansion of the endodontic files market during the forecast period.
Report coverage & details:
|Market Size in 2022
|Market Size in 2032
|No. of Pages in Report
|Product, Type, End User, and Region
|Rise in incidences of dental and oral diseases Increase in geriatric population High adoption of non-disposable endodontic files
|Growth opportunities in emerging markets
|Shortage of skilled endodontic specialists
- COVID-19 pandemic had a negative effect on the global endodontic files market, owing to decrease in demand for endodontic files and cancellation or postponement of non-emergency medical procedures due the lockdown.
- In addition, during the early stages of the pandemic, many dental clinics and practices worldwide were temporarily closed or restricted to providing emergency services only. This led to a significant reduction in routine dental procedures which negatively impacted the market growth.
- However, the market is recovering after the pandemic, and showing stable growth in the post-pandemic, owing to increase in the number of dental diseases, rise in number of root canal procedures, and an increase in awareness about oral health.
Procure Complete Report (351 Pages PDF with Insights, Charts, Tables, and Figures)
The stainless-steel endodontic file segment to maintain its leadership status throughout the forecast period
Based on product, the stainless-steel endodontic file segment held the largest market share in 2022, accounting for more than two-thirds of the global endodontic files market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to high adoption of stainless-steel-based endodontic files as they have higher fracture resistance and less prone to breakage during the root canal procedure. However, the nickel–titanium endodontic file segment is projected to manifest the highest CAGR of 7.8% from 2023 to 2032. Increase in demand for nickel–titanium endodontic file as they offer several advantages such as increased flexibility and resistance to torsional stress support the segment growth.
The manual segment to maintain its leadership status throughout the forecast period
Based on type, the manual segment held the largest market share in 2022, accounting for more than two-thirds of the global endodontic files market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to surge in adoption of manual files as they have lower risk of file separation and instrument fracture compared to rotary systems. However, the rotary segment is projected to manifest the highest CAGR of 7.5% from 2023 to 2032, owing to increase in demand for the rotary files due to their advanced features such as reciprocating motion, enabling efficient and rapid canal preparation.
The dental clinics to maintain its dominance by 2032
Based on end user, the dental clinics segment held the largest market share in terms of revenue in 2022, accounting for more than two-thirds of the global endodontic files market revenue. The same segment is expected to witness the fastest CAGR of 6.6% from 2023 to 2032. This is attributed to the increase in the number of patient visits to dental clinics, increased number of dental procedures in dental clinics and high demand of endodontic files from dental clinics.
For Purchase Inquiry – https://www.alliedmarketresearch.com/purchase-enquiry/14313
North America to maintain its dominance by 2032
Based on region, North America held the largest market share in terms of revenue in 2022, accounting for more than two-fifths of the global endodontic files market revenue, owing to robust healthcare infrastructure, availability of advanced endodontic files and rise in dental expenditures. However, the Asia-Pacific region is expected to witness the fastest CAGR of 7.9% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to a surge in need of dental procedures, rise in number of root canal procedures, and increase in awareness regarding oral health.
Leading Market Players: -
- Envista Holdings Corporation
- Dentsply Sirona Inc.
- MANI, INC.
- Brasseler USA
- Planmeca Oy
- META-BIOMED CO., LTD.
- DiaDent Group International
- FKG Dentaire Srl
The report provides a detailed analysis of these key players in the global endodontic files market. These players have adopted different strategies such as acquisitions to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Browse More Trending Reports in Healthcare Industry By AMR –
The global leukemia therapeutics market size was valued at $7,818.63 million in 2021 and is estimated to reach $14,162.48 million by 2031, exhibiting a CAGR of 6.1% from 2022 to 2031.
The global laboratory equipment and disposables market size was valued at $30,012.81 million in 2021, and is projected to reach $53,273.02 million by 2031, growing at a CAGR of 5.9% from 2022 to 2031.
The global overactive bladder treatment market size was valued at $2.4 billion in 2021 and is projected to reach $3.5 billion by 2031, growing at a CAGR of 3.6% from 2022 to 2031.
The global nasal spray market size was valued at $9.2 billion in 2021 and is projected to reach $16.9 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.
The global mobile tomography market was valued at $631.4 million in 2021, and is projected to reach $1.4 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031.
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on: LinkedIn Twitter