Growing geriatric population with incidences of oral diseases and increasing technological advancement in digital imaging technology are the major factors that are driving the growth in the dental imaging market size. Owing to this, the dental imaging market is witnessing sound growth. As per the evaluations of a new business intelligence study from IndustryARC, the global dental imaging market share valued $2.5 billion as of 2018 and the demand will grow at a compound annual growth rate (CAGR) of 7.20% during the forecast period of 2019 to 2025.
The IndustryARC report is titled “Dental Imaging Market: By Technology (X-ray, CBCT, Intraoral Camera, Optical Imaging), By Method (Extraoral & Intraoral), By Application (Diagnostic, Therapeutic, Cosmetic & Forensic), By End-User (Dental Clinic, Labs & Forensic) & By Region - Forecast(2019 - 2025).” It covers Dental Imaging Market Size by technology and also by applications. The analyst highlights that there is increasing knowledge of digital X-ray over analog X-ray, and the market share is encountering a critical change of innovation. It is also anticipated by the IndustryARC’s analysts that the digital systems and the phosphorous plate system (PPS) will be used frequently to perform dental procedures in the forecasted period. Furthermore, the advanced imaging technique wherein the images are digitally acquired is 3D computed tomography, which can be reformatted into any plane.
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Dental Imaging Market: Leading Segments
Geographically, North America dominates the healthcare and the medical device sector and consequently generated a regional revenue share of 33% in 2018. This is owing to the lucrative demand for digital imaging devices and other attributes such as increasing per capita disposable income and the reimbursement on dental care by the private and public health insurance companies. In a country like the United States, the demand for novel devices such as cone beam computed tomography (CBCT) is continuously growing and influencing growth in the market. The economies of the U.S. and Canada are the prominent contributors by revenue to the North American dental imaging market.
On the other hand, the key application segment pinpointed by the analysts is diagnostic. The dental imaging provides accurate and reliable diagnostic information about the anatomy of the patient. The diagnostic segment is estimated to grow at an increasing CAGR of 6.50% during the aforesaid forecast period.
Dental Imaging Market: Market Trends and Growth Drivers
Dentistry witnessed tremendous advances in recent years, from intra-oral periapical X-rays to computed tomography, ultrasound, and magnetic resonance imaging have made their ways in the modern dentistry.
Cone Beam Computed Tomography (CBCT) is the latest tool for a diagnostic that has revolutionized treatment and diagnosis in the dental field. The CBCT includes X-ray beam reduction, rapid scan time, and image accuracy, reduced image artifacts, and reduced dose of radiation. Thus, this had a huge impact on the dental imaging market in recent times.
The upcoming trend in the medical device market is 3D cone imaging support that enables to view the images at anytime and anywhere via the cloud. It is not only very orthodontics, but it also enables to view more complex issues at a time such as TMJ, planning for impacted teeth, detecting tumors, and the length of the roots.
The light-weight digital intraoral scanner is the most useful and efficient tool that delivers accurate and detailed images. The images captured with the throbbing colors make it easier for a dentist to understand the difference between hard and soft tissues.
Dental Imaging Market- Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the global dental imaging market are Sirona Dental Systems, Inc., Planmeca Oy, Dentsply International, Inc., Midmark Corporation, The Yoshida Dental Mfg. Co., Ltd., Danaher Corporation, Carestream Health Inc. and Flow Dental Corporation.
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Related Reports:
Dental Imaging Equipment Market
https://www.industryarc.com/Research/Dental-Imaging-Equipment-Market-Research-504269
Dental X-ray Market
https://www.industryarc.com/Research/Dental-X-Ray-Market-Research-504039
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