The Root Canal Market Growth Analysis by 2031
The root canal marketplace forms an integral part of the dental industry because it deals with endodontic treatments that repair and conserve mutually damaged or infected teeth. It involves the procedure, tool, and material used in the therapy of a root canal. The global market was valued at around US$1.11 billion in 2023 and is anticipated to reach US$1.59 billion by 2031, recording a CAGR of 4.6% during the forecast period.
Market Dynamics
The root canal market is witnessing significant growth in the market due to the rise in dental diseases and increasing awareness of dental health. The result of bad oral hygiene, poor diet resultant, and unavailability of dental treatments within reach are acting as factors responsible for an increase in dental diseases across the globe.
Other factors that continue to fuel the market include the development of new technologies in dental treatments, namely, rotary endodontics and digital imaging technologies. These technologies enhance the precision of the root canal treatment while making the procedure relatively painless for the patient, enabling them to return to their normal life sooner. For instance, rotary endodontics allows clinicians to clean the root canal system much faster, thereby offering effective treatment outcomes.
Market Segmentations
By Product
• Instruments
• Consumables
By End User
• Hospitals
• Dental Clinics
Regional Outlook
North America dominated the root canal market and accounted for about 35% of the global market in 2022. The highest share can be attributed to the high prevalence of dental diseases, high-end healthcare infrastructure, and rising expenditure on dental care.
The market is foreseen to exhibit high growth in the Asia-Pacific region during the forecast period due to increasing disposable income, growing awareness about oral health, and increasing access to dental care services in countries like India and China.
Challenges and Opportunities
Though the root canal market holds immense growth opportunities, the high costs associated with dental treatments, along with a general lack of awareness regarding endodontic procedures, may discourage the market from reaching its full growth potential. Additionally, some alternative and replacement therapies for dental issues could further compete against the demand for therapy in the form of root canal treatment.
However, there are opportunities available in the development of new, innovative dental materials and techniques that improve the effectiveness of root canal treatments. Other factors likely to influence market dynamics positively include growing interest in preventive dentistry and the trend for aesthetic dentistry.
Conclusion
The increasing trend in the root canal market is due to the rise in dental diseases and technological advancement in dental dentistry. As patients seek more effective solutions to retain dental health, the demand for root canal treatments will continue to increase, bringing substantial improvements in the overall dental care landscape.
Frequently Asked Questions
- What is a root canal?
The purpose of root canal treatment is to save the tooth from extraction by eliminating infected or damaged pulp from inside the tooth. It is one of the endodontic procedures.
- What are the dynamics of the root canal?
The increasing prevalence of dental diseases and technological advancement in dentistry is expected to drive the growth of the market.
- Which region has the largest share of the root canal market?
With nearly 35% share globally, North America is the dominant market.
- What are some bottlenecks to the root canal market?
The high treatment cost, combined with a lack of proper awareness regarding endodontic procedures, will impede market growth.
- What role does technology play in the market?
Technologies like rotary endodontics and digital imaging have further enhanced the accuracy and speed of root canal treatments.
Author’s Bio:
Chaitali Deshpande
Senior Market Research expert at The Insight Partners