Endodontic Electric Motor System Market Size, Share, Growth, and Industry Growth, By Type (Cordless Endodontic Electric Motor System and Corded Endodontic Electric Motor System), By Application (Hospitals and Dental Clinics), Regional Insights, and Forecast To 2031

Updated On: 08 July 2024

Endodontic Electric Motor System Market REPORT OVERVIEW

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The global endodontic electric motor system market size was USD 470.9 million in 2022 and market is projected to touch USD 699.9 million by 2031, exhibiting a CAGR of 4.5% during the forecast period.

Endodontics is taken from the Greek word “Endo,” which means “inside.” It is a dental specialty concerned with the treatment and study of dental pulp. This system helps in root canal treatment and makes it easier to perform. This motor is a part of advanced technology and offers clinicians the easy use of endodontic files with precise and consistent torques. There are two types of endodontic electric motor systems. Cord and cordless motors. The performance of these systems depends upon the battery, torque, weight, and storage spaces.

With a variety of motorized rotary and reciprocating systems that can facilitate root canal procedures, endodontic instrumentation has evolved dramatically in recent years. A component of this development is the use of endodontic electric motors, which enable doctors to employ endodontic files with continuous and exact torque appropriate for the canal being treated. In order to prevent file breaking, these systems have automatic reverse operations and customizable settings. Some even have incorporated apex locators. Some electric dental hand piece systems, perform a wide range of other tasks and can also be utilized for endodontics.

COVID-19 Impact: Rising Health Concerns during the Pandemic Left the Market Unaffected

The endodontic electric motor system market growth has been impacted by the most recent COVID-19 outbreak. The global lockdown had a significant negative influence on the dental industry, which further decreased global dental equipment manufacturing. The main market contributors with the most market participants are the U.S., China, and Europe. The virus's influence in China is, however, lessening, which is stabilizing the market scenario right now. However, the healthcare industry is unaffected because of the global increase in demand for medications and medical equipment. The healthcare sector was unaffected by the pandemic outbreak as the spread of COVID-19 increased health concerns among the population, which resulted in frequent visits to the doctor. 

LATEST TRENDS

"Strong Presence of Skilled Dental Professionals to Aid Market Growth"

The endodontic electric motor system market growth is forecasted to be aided by the presence of competent and licensed dental experts like dental surgeons in hospitals. Modern diagnostic and therapeutic equipment is readily available in hospital settings. Additionally, because dental hospitals provide top-notch care and services, many patients choose them for dental surgical procedures. The segment for dental clinics is anticipated to experience the fastest CAGR during the projection period, nevertheless. Dental offices are putting more of an emphasis on offering individualized care, individualized treatment plans, shorter wait times, specialized care, implementing new dental technology, and providing treatment that is both efficient and affordable. These elements are fueling the segment's expansion.

Endodontic Electric Motor System Market Segmentation

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• By Type Analysis

By type, the market is segmented into cordless and corded endodontic electric motor systems.

The cord motor segment is expected to lead the market due to its lightweight and better torques. Various technological advancements induced by this system are also estimated to be a factor in its wide adoption in the global market.

• By Application Analysis

Based on application, the market is classified into hospitals and dental clinics.

DRIVING FACTORS

"Growing Spending On Oral Diseases to Surge Growth in the Global Market"

As venous disorders become more prevalent and more new products are approved to meet this demand, the market is anticipated to rise significantly throughout the forecast period. Growing spending on chronic diseases, the rising importance of early detection, and increased disease awareness are expected to boost market expansion. Additionally, the major market players are spending money on the research and development of cutting-edge goods, which will increase the use of endodontic electric motor system products in both developed and developing nations.

"Rising Awareness of Oral Diseases to Foster Market Expansion"

Increasing advanced product launches are forecasted to cater to market growth. The key players are highly focused on the R&D of the product. The rising awareness about the presence of advanced equipment is estimated to boost the number of patients visit to the dentist. The rising prevalence of oral diseases in various age groups is leading to frequent dentist visits in the population. Additionally, endodontics electric motor systems offer a quick checkup and treatment with greater reliability and comfort for the patient. These factors are anticipated to cater to growth in the global market.

RESTRAINING FACTORS

"Lack of Awareness and High Product Cost to Resist Market Growth"

The endodontic electric motor system costs higher on the basis of its type, which is most likely to affect the growth of the market. The cordless motor system costs higher than the cord motor. Moreover, the population is unaware of dental treatments, which challenges the growth of the market. Additionally, the cost of dental treatments is higher. These factors may impede growth in the market. 

Endodontic Electric Motor System Market REGIONAL INSIGHTS

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"North America to Lead the Global Market due to the Strong Presence of Key Players in the Region "

North America is expected to hold about 30% of the overall endodontic electric motor system market share due to the presence of major players in the region. Moreover, the region is focused on the development of novel electric motor systems, which are forecasted to gain traction in the global market. 

Asia Pacific and Europe together are forecasted to hold about 30% of the market share accredited to the expanding oral care market coupled with the expanding geriatric population in the regions. 

KEY INDUSTRY PLAYERS

"Key Players Focusing On Innovative Technology Development to Grow in the Market"

Many businesses are implementing various marketing methods to meet customer demand and expand their geographic reach globally by offering training and education to lower workplace accidents. To provide more simple ways to expand the product catalog, businesses are attempting to build new technology. Businesses also employ cutting-edge methods and procedures to develop cutting-edge technologies. To expand revenue, companies concentrate on acquisitions and investments. Due to the presence of various large corporations, the market is aggressive to gain a higher market share. Other features include a significant global consumer base and the use of specialized distribution networks for business operations. By introducing new products, major corporations try to increase their market share.

List of Market Players Profiled

• Dentsply Sirona Inc. (U.S.)
• Morita (Japan)
• W&H-Group (Europe)
• KAVO Kerr (U.S.)
• COLTENE (Switzerland)
• Denjoy (China)
• Saeyang (Korea)
• A-Dec Inc. (U.S.)
• NSK (Japan)
• Saeshin (South Korea)
• COXO (China)
• Aseptico, Inc. (U.S.)
• Nouvag AG (Switzerland)
• Ultradent Products (U.S.)

REPORT COVERAGE

An overview of the product is provided along with the product description. Numerous industry elements are included in the research. The market insights are prepared by utilizing large sample sizes for data-gathering modules. The study provides in-depth market insights. The stage includes gathering market data or related data using a variety of sources and tactics. It involves going over and organizing all the information gathered during the previous advance. It also covers the investigation of information discrepancies found across various information sources. Market statistical and coherent models are used to assess and estimate market data.