Endodontic Files Market Size, Share & Trends Analysis Report By Type (Manual, Rotary), By Material (Stainless Steel, Ni-Ti) By Distribution Channel (Offline, Online) By End-use, By Region, And Segment Forecasts, 2021 - 2028

Report Overview

The global endodontic files market size was valued at USD 17.96 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% over the forecast period from 2021 to 2028. Factors propelling the market growth are the rise in awareness concerning dental care, growing demand for dental care in the geriatric & pediatric population, rise in dental expenditure, government initiatives, and insurance coverage. The improved reimbursement scenario, growing dental tourism, and improving infrastructure are some of the key factors likely to drive the global market in the coming years. However, in 2020, the global market experienced a severe short-term decline due to the Covid-19 pandemic.

The dental practices across the world were forced to close during the lockdown. The market began to recover in the last quarter of 2020 as the dental practices were able to reopen with some restrictions and measures to avoid the spread of the virus. The continuous development of technologically advanced files leading to efficient and faster treatment further fuels product adoption by dental professionals. The introduction of the Nickel-titanium (NiTi) rotary files has improved the root canal procedures due to superelasticity and shape memory for quality treatment.

The modernization of the product has resulted in the development of improved files that reduce procedural errors. In addition, the growth in R&D investments by the key players, such as Dentsply Sirona, Coltene, Henry Schein, and Envista Holdings, for the development of more efficient products are boosting the market growth. The rising government initiatives over the past few years have introduced dental health programs leading to specialized public dental health.

In most countries, dental services are provided through the public as well as private sectors. The public sector provides treatments at a subsidized rate or free of cost to rural areas, low-income groups, and dependent groups, such as children and the geriatric population, to promote the awareness and the adoption of dental care. Furthermore, many associations working in the market are working towards spreading awareness and supporting practitioners in most of the countries across the globe.

Type Insights

The manual files segment accounted for the largest revenue share of over 53% of the global market in 2020. The segment is estimated to retain its leading position throughout the forecast period growing at the fastest CAGR from 2021 to 2028. This growth is credited to the fact that the practitioners prefer a controlled system to perform root canal procedures. The developing technology with varying designs, applications, materials, and manufacturing methods in NiTi files is propelling the market further.

The manual files are conventional, yet essential for initial canal negotiation, creation, maintenance of patency and glide path creation, and apical gauging and are less expensive. In addition, a combination of manual and hand files is recommended for complete root canal treatment, which, in turn, supports the segment growth. The global market is segmented into manual and rotary files based on the product type.

Material Insights

The stainless steel type segment led the global market in 2020 accounting for the highest revenue share of more than 61%. The segment is estimated to remain dominant throughout the forecast period due to the high demand for stainless steel material as a result of its easier availability and cost-effectiveness. Based on materials, the global market has been divided into stainless steel and Nickel-titanium files.

The NiTi material segment is expected to witness the fastest CAGR from 2021 to 2028 on account of the rising demand for technologically developed and processed files enhancing mechanical properties, further resulting in the increased flexibility, reduced procedural errors, and less instrumentation time. The NiTi material is mostly used for rotary systems, however, the NiTi hand files are used in routine and complex treatment as well, providing higher flexibility compared to stainless steel.

End-use Insights

The hospitals & OPDs segment accounted for the largest revenue share of over 52% in 2020 owing to technological advancements and an increase in scientific & clinical research activities. On the basis of end use, the global market is segmented into hospitals & Outpatient Departments (OPDs), dental clinics, and others.

On the other hand, the dental clinics segment is expected to witness the fastest growth rate from 2021 to 2028. Driven by cost efficiency, rising competition for patients, and changes in practice, the trend of independent dental clinics is expected to continue to increase in the coming years. This will support the growth of the dental clinics segment.

Distribution Channel Insights

The offline distribution channel segment dominated the global market in 2020, in terms of revenue, and accounted for the maximum share of more than 89%. The segment is expected to grow further at a steady CAGR from 2021 to 2028 retaining the leading position. The segment growth is credited to the fact that offline distribution channels are a more preferred traditional approach to procure medical tools directly from the distributors, suppliers, and manufacturers.

On the basis of end use, the global market has been bifurcated into offline and online distribution channels. The online distribution channel segment is likely to witness the fastest growth rate over the forecast period. This growth can be attributed to the rapid advancements in online commerce networks that demand cost-effective solutions to manage the supply chain and address the changing requirements of consumers.

Regional Insights

North America emerged as the largest regional market in 2020 and accounted for a revenue share of over 41%. North America will maintain its dominant position throughout the forecast period on account of the rising number of root canal procedures, continuous development of files for improved efficiency, and higher awareness levels regarding dental care in the region. As per the American Association of Endodontists, around 15 million root canals are performed annually in the U.S., accounting for about 35% of the worldwide endodontic market.

On the other hand, Asia Pacific is anticipated to register the fastest growth rate over the forecast period. This growth is credited to the growing number of dental care centers, rising dental tourism sector, increasing R&D in manufacturing, and growing awareness about dental care in the emerging economies of Asia Pacific. Moreover, the presence of associations, such as The Asian Pacific Endodontic Confederation (APEC) focusing on the specialty of endodontics, in the region will support market growth.

Key Companies & Market Share Insights

The advent of technologically advanced files and the growing reach of the products worldwide are some of the factors propelling the growth and competition in the market. The intense market competition has resulted in the rise in R&D activities for the development of new products to provide efficient and faster treatment.

In addition, key players are undertaking other business strategies, such as mergers & acquisitions and geographic expansions, to strengthen their market presence. For instance, the recent joint venture by Henry Schein with Casa Schmidt to expand the business in Spain and Portugal. Another example includes the strategic acquisition of MicroMega by Coltene aiming at market penetration and product portfolio expansion in endodontics. Some of the key companies in the global endodontic files market are:

• Dentsply Sirona

• Henry Schein

• Ultradent Products

• FKG Dentaire

• Ivoclar Vivadent

• Coltene

• Micro-Mega

• Brasseler Holdings, LLC.

Endodontic Files Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global endodontic files market report on the basis of type, material, distribution channel, end-use, and region:

• Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Manual

  • Rotary

• Material Outlook (Revenue, USD Million, 2016 - 2028)

  • Stainless Steel

  • Nickel-titanium

• Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Offline

  • Online

• End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals & OPDs

  • Dental Clinics

  • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa