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(Health-NewsWire.Net, January 28, 2020 ) Technological advancements such as CBCT, increasing aging populations leading to growth in oral diseases, rising oral care awareness and increasing disposable income in emerging economies, growth impetus of cosmetic dentistry, and shift towards digital dental imaging systems. However, high cost of instruments, lack of reimbursement especially in emerging economies, and lack of dental laboratory technicians are expected to restrain the growth of this market.
The global dental imaging market is expected to reach $2,686.5 million by 2019 from $1,691.1 million in 2014, growing at a CAGR of 9.7% from 2014 to 2019.
Dental imaging is performed at the dental clinics and dental laboratories for the diagnosis, prevention, and treatment of oral health diseases. This market is driven by several factors which include technological advancements, increasing aging populations, rising awareness and increasing disposable income in emerging economies,growing demand for cosmetic dentistry, and shift towards advanced digital dental imaging systems. The relatively untapped developing countries and increasing incidence of dental disorders opened an array of opportunities for growth of the market. However, high cost of instruments, lack of reimbursement, and lack of dental laboratory technicians are expected to restrain the growth of this market.
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On the basis of technology, the dental imaging market is segmented into X-ray systems, dental CBCT, intraoral cameras and dental optical imaging. In 2014, the X-ray systems segment is expected to account for the largest share of the global market, by technology. The high share can be attributed to the extensive use of X-Ray systems for essential dental screening conditions such as periodontal diseases, tooth decay, dental abscess, and erosion of tooth enamel. The X-ray market is further divided into digital X-ray systems and analog X-ray systems.
The market by method is bifurcated into extraoral imaging and intraoral imaging. The extraoral imagingmarket is poised to witness the highest growth in the market,owing to the larger application areas of high end dental imaging systems. The market, by end user is divided into into dental clinics, dental laboratories, dental academic and research institutes, and forensic laboratories.
The dental imaging market, by application is segmented into diagnostic applications, therapeutic applications, cosmetics applications and forensic applications. The cosmetic applications segment is expected to grow at the highest CAGR from 2014 to 2019,owing to increasing demand of dental implants and orthodontics in developed nations as well as in emerging economies.
Geographical Region Covered
The global dental imaging market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the global market in the forecast period, followed by Europe. Over the next five years, the growth of the global market in the Asian region is likely to be hinged at China, India, Singapore, Malaysia, and Japan.
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Leading Companies
Prominent players in the dental imaging market are Danaher Corporation (U.S.), Carestream Health Inc.(Canada), Sirona Dental Systems, Inc. (U.S.), PlanmecaOy (Finland), Dentsply International, Inc. (U.S.), Midmark Corporation (U.S.), LED Medical Diagnostic, Inc. (U.S.), Vatech Co. Ltd. (Republic of Korea), The Yoshida Dental Mfg. Co., Ltd. (Japan) and Flow Dental Corporation (U.S.).
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
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