DUBLIN, March 02, 2022--(BUSINESS WIRE)--The "Burs and Endodontic Files Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, and End User" report has been added to ResearchAndMarkets.com's offering.
The burs and endodontic files market is projected to reach US$ 2,106.66 million in 2028 from US$ 1,370.65 million in 2021; it is expected to grow at a CAGR of 6.3% during 2021-2028. The market growth is mainly attributed to the increasing geriatric population.
Dental burs and endodontic files are tooth restoration and surgical care tools. They are used to cut hard tissues in the oral cavity. The cutting blade on the edge surface helps to provide a smooth surface while preparing cavities. Endodontic is among the most commonly opted treatment method and is carried out by an endodontic product. Endodontics involve various procedures such as endodontic therapy, endodontic retreatment, surgery, treating cracked teeth, and treating dental trauma.
Tooth loss problems are serious and common among geriatric populations due to poor oral health and increasing stress. As a result, this population may require special dental procedures such as root canal treatments and various other endodontic procedures. According to the World Population Prospects data, the number of people aged above 60 in the world is expected to double by 2050; it is expected to reach 2.1 billion by 2050 from ~962 million in 2017.
Further, as per the data published by the CDC in 2018, in the US, the number of adults of age 65 and above is expected to reach 98 million by 2060, which would be ~24% of the total population. According to the United Nations' estimations in 2017, there were ~962 million people of age 60 and above across the world, and the number is expected to increase to 1.4 billion by 2030, 2.1 billion by 2050, and 3.1 billion by 2100.
Moreover, as per the projections by the Indian government, publicized in August 2018, 340,000 Indians will be aged 60 and above by 2050. Many people do not have dental insurance, which further fuels the demand for burs and endodontic treatments. Cases such as dry mouth, root decay, gum disorders, tooth loss, denture-induced stomatitis, and arthritis affect elderlies the most; this would continue to propel the burs and endodontic files market growth in the future.
Based on type, the global burs and endodontic files market is segmented into burs and endodontic files. In 2021, the burs segment held the largest share of the market.
Moreover, the same segment is expected to register the highest CAGR in the market during 2021-2028. Dental burs are an essential instrument for almost all dental procedures. The American Dental Association sponsors the National Children's Dental Health Month during February to spread awareness among children and parents about the importance of dental health.
Based on end-users, the global burs and endodontic files market is segmented into hospitals, dental clinics and research institutes/universities. The hospitals segment held the largest market share in 2021.
However, dental clinics segment is expected to register the highest CAGR in the market during the forecast period. The low-cost dental treatments offering to patients is one of the critical factors supporting the market growth during forecast period.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the burs and endodontic files market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global burs and endodontic files market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Limited Reimbursement Availability in Developing Nations
Medical Tourism in Developing Countries
Developments of Dental Burs and Endodontic Files
Shenzhen Feihuan Medical Instruments Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/r/rjib8y
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