Future Market Insights’ recently published report on the dental imaging equipment market predicts that growth is expected to accelerate at a positive 7.9% CAGR during the forecast period of 2022-2030.
| Data Points | Market Insights |
| Market Value 2022 | USD 3.21 Bn |
| Market Value 2030 | USD 5.91 Bn |
| CAGR 2022-2030 | 7.9% |
| Key Players | The key players are Dentsply Sirona, Planmeca Oy, Danaher Corporation, Carestream Health Inc., and Acteon Group |
| Share of Top 5 Countries | 57.6% |
The COVID-19 pandemic has reduced the number of patients with dental problems visiting healthcare settings due to mandatory enforcement of social distancing measures. Moreover, healthcare providers have reoriented their operations towards caring for COVID-19 positive patients.
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Key Takeaways from FMI’s Dental Imaging Equipment Market Study
- Extraoral X-ray systems emerged as the kingpin in the dental imaging equipment market, accounting for ~30% of the revenue pie in 2019
- The popularity of intraoral sensors is gradually increasing, with prominent manufacturers doling out various two and three dimensional image sensors
- Independent dental clinics are the primary end-users of dental imaging equipment, capturing nearly 70% of the market share in 2019
- Asia-Pacific shall emerge as the fastest growing dental imaging equipment market followed by Africa and Latin America
Dental Imaging Equipment Market- Key Trends
- Cone Beam Computed Tomography (CBCT) imaging is emerging as the gold standard for dental imaging. These systems are being leveraged to provide 3-dimensional data at a lower radiation dose and cost
- Market players are investing in cutting-edge image-guided implant dentistry with lightning fast speeds to provide efficient treatment within a limited timespan
- However, inadequate insurance coverage for dental treatment combined with its expensive nature is expected to deter patients from availing image-based dental care, impeding growth prospects
Dental Imaging Equipment Market- Region-wise Analysis
- North America and Europe shall remain the dominant dental imaging equipment market growth avenues. Increasing awareness among patients about sophisticated image based surgeries is prompting dental clinics to adopt high-end dental imaging equipment
- Exponentially increasing population pools in countries such as China and India are leading to increased prevalence of dental diseases. With the levels of disposable incomes rising due to economic growth, patients can afford expensive dental treatment, pushing up dental imaging equipment adoption in healthcare settings across Asia-Pacific
- Rising dental care awareness in Brazil and South Africa is pushing up sales of dental imaging equipment in both regions
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Dental Imaging Equipment Market- Competitive Landscape
The dental imaging equipment market players are concentration on incorporating artificial intelligence and provide state-of-the-art imaging equipment to the end-users, thus providing them with a comparative advantage. For instance, in October 2019, DENTSPY Sirona Inc. launched the Xios AE and Xios XG Supreme intraoral scanners, providing outstanding image quality. These systems provide a theoretical resolution of 33 lp/mm and a 15 micrometer pixel size.
Another strategy which is actively followed is venture capital funding to facilitate research and development on advanced dental imaging equipment.
In February 2018, Nordic capital forged agreements with Adent Cliniques Dentaires Groupe SA to acquire TopOrtho and Top Mondzorg Dental Clinics for the purpose of furthering dental imaging research.
Similarly, the Asian Healthcare Fund invests in the Indian healthcare and life sciences sector and includes the investment programs titled “MyDentist” and “Sabka Dentist” since the past decade.
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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