A recent study conducted by Future Market Insights (FMI) has projected an impressive growth trajectory for the Global Dental Imaging Equipment Industry. Anticipated to leap from a valuation of US$ 3.21 billion in 2022, the market is expected to reach a staggering US$ 5.91 billion by 2030, showcasing a robust Compound Annual Growth Rate (CAGR) of 7.9%.
The rising demand for dental imaging equipment transcends geographical boundaries, with both developed and developing economies embracing this innovative technology. This surge can be attributed to a significant increase in the number of patients seeking dental care, as per data from the World Health Organization, revealing that approximately 50% of the global population (3.58 billion individuals) suffers from oral ailments. Additionally, the growth of dental care centers further fuels the demand for dental imaging equipment.
Furthermore, the dental imaging landscape is evolving as it transitions to the digital realm. Although the outbreak of the COVID-19 pandemic temporarily slowed down the market, the future of dental imaging equipment remains promising as it adapts to meet the evolving needs of the healthcare industry.
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Digital Dentistry: The Future
In the year 2019, the IDC (International Dental Show) was attended by Institute of Digital Dentistry in Cologne, Germany. It threw light on the ways dentistry has evolved in the form of 3D printers, CAD materials, milling machines, and intraoral scanners. The institute otherwise provides training and CAD/CAM courses in New Zealand as well as online so as to keep the dentists and course attendees updated about clinical relevance and implementation of digitization by the key market players.
Digital Expansion: Key to Growth
As stated above, the market players are looking to provide digital imaging solutions to cater to the increasing number of patients with dental ailments. Some of the measures taken in this regard include:
- In Jun 2020, Level Equity-backed Planet DDS signed an agreement for acquiring Apteryx Imaging, a Canada-based publicly traded company with the objective to explore a wider arena in terms of geography
- DENTSPLY Sirona Inc., in Oct 2019, launched 2 intraoral sensors (Xios AE and Schick AE) and 3D/2D imaging systems (Orthophos E, Orthophos SL 3D, and Orthophos S 3D)
- In Oct 2019, Envista Holdings Corporation entered into a partnership with TeamSmile programs all through the US for propagating the use of KaVo SMARTmatic and KaVo MASTERtorque LUX M8900L
Key Takeaways of Dental Imaging Equipment Industry Study
- Extraoral X-ray systems are expected to have the highest market share of 28.7% in 2022, expanding at a rate of about 8.0% over the forecast period.
- The independent dental clinic segment is expected to have the highest share of 72.3% in 2022, growing at a rapid rate of 5.6% CAGR during the forecast period.
- In 2022, the United States is expected to account for approximately 85.8% of the North American dental imaging equipment market.
“The players are shifting their gears towards digital imaging. This upgradation is expected to shape the global dental imaging equipment industry.” says an FMI Analyst.
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More Valuable Insights on Dental Imaging Equipment Industry
Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the segments from 2015 to 2030. The global dental imaging equipment industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights into the dental imaging equipment market on the basis of product type, (Intraoral X-ray Systems, Intraoral Plate Scanner, Intraoral Sensors, Intraoral Phosphor Storage Plates, Extraoral X-ray Systems, Cone-Beam Computed Tomography (CBCT) Imaging, Intraoral Cameras), by End User (Hospitals, Ambulatory Surgical Centers, Independent Dental Clinics, Forensic Laboratories), across seven major regions.
Leading Players in Dental Imaging Equipment Industry
The dental imaging equipment market is onto the digital spree. Digital imaging systems are being provided by the key players to cater to the increasing number of patients throughout. At the same time, AI is being tried out as an effective tool for dental digital solutions.
In line with the above-mentioned developments, twin robotic X-Ray system from Siemens provides a combination of 2D X-Rays with fluoroscopy along with 3D imaging.
The key players in the dental imaging equipment including the ones mentioned above are:
- Envista Holdings Corporation
- Dentsply Sirona
- Carestream Dental, LLC
- Danaher Corporation
- Acteon Group
- Planmeca Oy
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report
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Dental Imaging Equipment Industry: Segmentation The global dental imaging equipment Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. Product Type
- Intraoral X-ray Systems
- Wall/Floor Mounted Intraoral X-ray Systems
- Hand-Held Intraoral X-ray Systems
- Intraoral Plate Scanner
- Intraoral Sensors
- Intraoral Phosphor Storage Plates
- Extraoral X-ray Systems
- Panoramic X-rays Systems
- Cephalometric Projections Systems
- Cone-Beam Computed Tomography (CBCT) Imaging
- Intraoral Cameras
End Users
- Hospitals
- Independent Dental Clinics
- Ambulatory Surgical Centres
- Forensic Laboratories
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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