Global Endodontic Files Market 2019-2023| Presence of Online Sales to Boost Growth| Technavio
LONDON--(BUSINESS WIRE)--Jan 24, 2019--The global endodontic files market is expected to post a CAGR of over 5% during the period 2019-2023, according to the latest market research report by .
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Technavio has released a new market research report on the global endodontic files market for the period 2019-2023. (Graphic: Business Wire)
A key factor driving the growth of the market is the increasing number of product launches. Vendors are focusing on launching endodontic files for use in dental restorative procedure such as root canal. With the growing number of product launches, companies are focusing on strengthening their market position by offering different types of endodontic files such as K-files and H-files. Therefore, the global endodontic files market will witness a positive outlook during the forecast period.
As per Technavio, the presence of online sales will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global endodontic files market: Presence of online sales
Vendors conduct various promotional activities to provide access to their offerings and increase their product sales. They are also making their products available online to improve product access. Through online marketing services, vendors can also minimize their setup, distribution, and operation costs. Some manufacturers also sell their products in the market through their proprietary websites. Therefore, the presence of endodontic products online would increase their sales and drive market growth.
“Apart from the presence of online sales, the increasing number of dental practitioners in developed and developing countries, the growing dental conditions in the aging population, and strategic alliances are some major aspects boosting the growth of the global market,” says a senior analyst at Technavio.
Global endodontic files market: Segmentation analysis
This market research report segments the global endodontic files market by product (stainless steel endodontic file, nickel-titanium endodontic file) and geographical regions (Europe, North America, Asia, ROW).
The European region led the market in 2018 with a market share of over 28%, followed by North America, and Asia respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth, followed by Europe.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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INDUSTRY KEYWORD: HEALTH DENTAL MEDICAL SUPPLIES
SOURCE: Technavio Research
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