The global endodontic files market size is expected to reach USD 43.71 million by 2028 according to a new study by Polaris Market Research. The report “Endodontic Files Market Share, Size, Trends, Industry Analysis Report, By Type (Manual, Rotary); By Distribution Channel (Offline, Online); By Material; By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is driven by the increase in the number of root canal procedures and geriatric population, the availability of advanced instruments, and insurance companies’ increasingly favorable reimbursement policies. The number of root canal procedures in the U.S. alone is more than 15 million, and currently, more than 45 million people are living in the U.S. who are aged above 65, and the number is expected to reach 90 million in 2050.
The aged people are more susceptible to dental complications, and hence more dental procedures are expected to be performed in the coming years. Insurance companies in developed regions such as the U.S. and Europe have favorable reimbursement policies for dental procedures, which provide an excellent opportunity for the market in the coming years.
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Companies are looking for acquisitions and partnerships along with launching new endodontic file products to widen their outreach. For instance, in December 2020, Sweden-based Sendoline AB was acquired by Directa. Sendoline specializes in the manufacturing of endodontics that includes root canal instruments and other products. Directa started offering Sendoline’s products under its portfolio in January 2021.
The growth is affected by the COVID-19 pandemic during the initial phase of the forecast period, as dentists across the globe are deferring dental procedures such as root canaling. All the elective surgeries and dental procedures are postponed during the pandemic. Many dental clinics are also not operating in the worst pandemic hit places across the globe. The advent of vaccines is expected to bring the pandemic under control in a short time, after which there will be an upward trajectory in the industry growth for files.
Companies such as Henry Schein, Dentsply Sirona, Ultradent Products, Ivoclar Vivadent, FKG Dentaire, Coltene, Brasseler Holdings, LLC., and Micro-Mega., are some of the key players operating in the global files market.
Polaris Market Research has segmented the endodontic files market report on the basis of type, material, distribution channel, end-use, and region:
Endodontic Files, Type Outlook (Revenue – USD Million, 2016 – 2028)
Endodontic Files, Material Outlook (Revenue – USD Million, 2016 – 2028)
- Stainless Steel
Endodontic Files, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)
Endodontic Files, End-use Outlook (Revenue – USD Million, 2016 – 2028)
- Hospitals & OPDs
- Dental Clinics
Endodontic Files, Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa