The current global market for dental X-ray systems is valued at approximately US$1.66 billion in terms of global demand. A comprehensive analysis suggests that this market is poised for a strong compound annual growth rate (CAGR) of 6.4%, with a projected total value of US$2.73 billion by the year 2030.
The increasing prevalence of acute diseases such as cancer has generated a robust demand for effective diagnostics and early treatment, ultimately improving survival rates. Consequently, dental X-ray systems have witnessed a rapid surge in demand, as they emerge as promising tools for diagnostics and treatment. Furthermore, these systems significantly reduce radiation exposure for patients, instilling confidence among medical professionals and fostering the growth of the dental X-ray systems market.
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The rising geriatric population and their edentulous issues directly open lucrative opportunities for the dental X-ray systems market. Moreover, healthcare facilities utilized by the elderly population are subsidized by the government, which in turn, has boosted the usage of dental X-ray systems. A report published by Future Market Insights (FMI) opines that the global dental X-ray systems market will grow at a striking CAGR of over 6% by the end of 2026.
With the increasing comfort provided by portable intraoral X-ray systems, the traditionally used floor-mounted dental X-ray systems are gradually becoming obsolete. When weighted based on cost, dental X-ray systems provide far better affordability to dental clinics and hospitals as compared to cone-beam computed tomography (CBCT) systems, which is why the sales prospects of the former are better.
Challenges About the Dental X-ray Systems Market: Reduction in Reimbursement
A notable reduction in the primary healthcare facilities for many diseases including oral health will affect the capacity and the resources adversely. Newly formed legislation will enforce reduced reimbursement regulations on the MPFS (Medicare Physician FEE Schedule) and HOPPS (Hospital Outpatient Prospective Payment System), which is expected to cause a drop in the growth of the dental X-ray systems market.
Technological Advancements to Lend Ample Growth Opportunities to the Dental X-ray Systems Market
Innovations and advancements brought about in the medical imaging vicinity especially, dental X-ray systems have intensified the growth prospects of the dental X-ray systems market. Owing to the progress made by the healthcare industry, there has been a consistent need for the precise diagnosis of diseases, which has been fulfilled by dental X-ray systems. Given the multifold applications of these systems, the global dental X-ray systems market is projected to grow exponentially.
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North America to Maintain a Strong Hold on the Global Dental X-ray Systems Market
The study on the dental X-ray systems market provides a detailed analysis based on several factors affecting the market growth. The key geographies assessed in this study include China, APEC, Europe, Latin America, North America, and the Middle East and Africa (MEA). Depending on the market size, North America leads the dental X-ray systems market, attributed to its advanced healthcare facilities and excellent spending capacity. As a subsequence, the regional dental X-ray systems market is expected to bear positive results for the global dental X-ray systems market.
Following the footsteps of North America, Europe is the second most dominating region influencing the growth of the dental X-ray systems market. In addition to this, Asia Pacific is equally estimated to contribute to the growing market size during 2018 – 2026.
Collaboration and Mergers to Trigger the Growth of the Dental X-ray Systems Market
The report on the dental X-ray systems market includes a comprehensive analysis of the companies devising innovative solutions in the market. The leading players incorporated in the report are FONA, J. MORITA CORP., Danaher Corporation, PLANMECA OY, Prexion Corporation, Carestream Dental, LLC, Owandy Radiology, Vatech Co. Ltd., The Yoshida Dental Mfg. Co. Ltd., Dentsply Sirona, LED Medical Diagnostics Inc., Cefla S.C., and Air Techniques, Inc., among others.
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Key Segments Of Dental X-Ray Systems Industry Survey
Dental X-ray Systems Market by Product:
- Cephalometric Projections Systems
- Portable Intraoral X-ray Systems
- Panoramic X-ray Systems
- Intraoral X-ray Systems Mounted on the Floor
Dental X-ray Systems Market by End User:
- Hospitals
- Ambulatory Surgical Centers
- Independent Dental Clinics
- Forensic Laboratories
Dental X-ray Systems Market by Region:
- North America Dental X-ray Systems Market
- Latin America Dental X-ray Systems Market
- Europe Dental X-ray Systems Market
- East Asia Dental X-ray Systems Market
- South Asia & Pacific Dental X-ray Systems Market
- Middle East & Africa (MEA) Dental X-ray Systems Market
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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