Market Synopsis of Global Root Canal Market
A root canal is a dental procedure involving the removal of the central pulp from the tooth. A root canal is performed when the pulp of a tooth is injured, inflamed or infected. The objective of the root canal is to save the structure of the tooth and to prevent infection of the gums and other teeth. Common causes of the root canal treatment include deep decay due to the cavity, a chip or crack in the tooth, an injury to the tooth, infection, and others. The most common symptoms of damaged pulp include pain, swelling, and a heat sensation in the gums.
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A nonsurgical root canal treatment is carried out for managing the infection or inflammation in the tooth. A secondary root canal treatment is carried out when the problem is not solved with the first root canal procedure. An apicoectomy is a microsurgical procedure in which the infected tissue and tip of the root of the tooth are removed due to the failure of the regular root canal treatments. A pulpotomy is the removal of the nerve and diseased pulp from the crown of the tooth with an aim to save the root nerve intact. A pulpectomy is the removal of whole pulp from both the root and crown. According to American Association of Endodontists (AAE), more than 15 million root canals are performed every year and over 41,000 root canals are performed each day, with 89% of patients are satisfied after root canal treatment by an endodontist.
The market drivers for global root canal market are a rising demand due to growing population, increasing screening, greater use of fatty and starch-rich diets and fast foods, greater emphasis on restorative dental procedures, rising safety and success of root canal treatment, and others. The market restraints are the complications such as the risk of bleeding, infections, pain, the high cost of root canal treatment, loss of the tooth due to damaged and weak enamel, the risk of developing abscess due to incomplete removal of infected material or if the antibiotics aren’t effective and others.
The global root canal market is expected to reach USD 21.0 billion by 2023, and the market is projected to grow at a CAGR of ~ 8.0 % during the forecast period 2017-2023.
- Global Root canal manufacturers & suppliers
- Research and development (R&D) companies
- Hospitals and clinics
- Academic institutes and universities
The global root canal market has been segmented on the basis of types, drugs, devices, and end user.
Based on the types, the market has been segmented as a nonsurgical root canal, secondary root canal, apicoectomy root canal, pulpotomy root canal, and pulpectomy root canal.
Based on the drugs, the market has been segmented as anesthetics, painkillers, antibiotics, and others.
Based on the devices, the market has been segmented into crowns, endodontic instruments, consumables, others.
Based on the end user, the market has been segmented as dentistry hospitals and clinics, research and academics, and others.
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The Americas account for a significant market share owing to high expenditure on the health care especially of the U.S. and Canada. Additionally, the greater number of dental procedures due to greater dental healthcare penetration in the U.S. and Canada drives the root canal market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of dental procedures especially the root canal treatment in the returns of hospitals favors the market. The large number of medical devices companies in the U.S. is also a cause for the faster development of root canal market in the US.
Europe is the second largest market in the world due to growing medical devices industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large medical devices industry.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to the fast-growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of the healthcare industry in the Asia Pacific region is expected to drive the future root canal market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt, and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to the poor social development and tribal identities such as sub-Saharan Africa.
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Key Players in the Global Root Canal Market
Some of the key players profiled in the report are Kerr Corporation, Dentsply Sirona, LM-Instruments Oy, Schütz Dental GmbH, Ultradent Products Inc., Pelton & Crane, 3M, Confident Dental Equipment Ltd., Benco Dental and others.
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