The global Dental Imaging Equipment Market is expected to grow at a phenomenal 7.9% CAGR between 2022 and 2030. According to Future Market Insights (FMI) in a recent market survey, the global market is expected to grow from $2.99 billion in 2021 to $5.91 billion by 2030. Sales of dental imaging equipment are expected to rise at a 7.9% CAGR through 2030 as a result of this. According to Future Market Insights’ historical analysis, sales of dental imaging equipment are expected to grow at a CAGR of 6.0% between 2014 and 2021.
According to FMI, the market for dental imaging equipment will grow by 48 basis point share (BPS) in H1-2022(O) over H1-2021. The difference in BPS values observed within this market in H1, 2022 – outlook over the projected period of H1, 2022 reflects a decline of 10 BPS units.
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Rising demand for cosmetic dentistry, rising imaging system affordability, and the need for accurate and rapid diagnosis are known as the optimal factors bolstering the growth of the dental imaging equipment market over the forecast period. Furthermore, the growing number of dental practises, technological advancements in dentistry, rising dental expenditure, rising incidence of dental diseases, and rising demand for cosmetic dentistry all contribute to the global growth of the dental imaging equipment market.
Key Takeaways
- In 2021, the dental imaging equipment market accounted for approximately 2% of the US$ 156.4 Billion dentistry market. Furthermore, the rising number of oral diseases, as well as the increasing number of dental procedures performed globally, are expected to drive rapid growth in the global dental imaging equipment market.
- Manufacturers of dental imaging equipment are constantly improving their forward integration capabilities in the value chain, as well as expanding and establishing distributor networks. Furthermore, rising cases of oral and dental diseases, as well as an influx of overseas patients looking for low-cost treatments, represent both promising business opportunities.
- Future Market Insights assessed the growth rates and development prospects of the global dental imaging equipment market over the forecast period, revealing that the market is expected to be influenced by rising rates of dental radiography treatments combined with rising imaging equipment rates due to the impact of macro and industrial dynamics.
- The use of digital subtraction radiography techniques and the expansion of digital dental radiology techniques are two distinct factors that have significantly contributed to the development of the BPS value.
- The growing prevalence of oral health diseases, rising consumer awareness, sedentary and changing lifestyles, and growing dental tourism are driving the global dental imaging equipment market.
- In recent years, as the adult population’s unhealthy eating habits such as excessive alcohol consumption, starchy junk food, smoking, and sweetened soft drinks have increased, so have the incidences of dental disorders.
- According to World Health Organization (WHO) reports, oral diseases affect approximately 3.5 billion people worldwide, with severe periodontal disorders affecting approximately 10% of the global population. People are focusing more on dental treatment than ever before because of the rapid increase in dental diseases.
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Competitive Landscape
The global dental imaging equipment market’s key market players are consolidated by nature, owing to the presence of a few large players. These players are part of a slew of strategic alliances. The product launch and acquisition accelerate the manufacturer’s strategy to capitalise on market share and capture a sizable market share.
Key Players:
- Dentsply Sirona
- Planmeca Oy
- Danaher Corporation
- Carestream Health Inc.
- Acteon Group
More Insights into the Dental Imaging Equipment Market
The United States is expected to dominate the global dental imaging equipment market in 2022, accounting for approximately 85.8% of the total market share. The rising population base and rising disposable income of residents, combined with an increase in periodontal and other dental disorders among the people, are attributed to the region’s growth. In the forecast years, the market in the United States is expected to remain the primary contributor to rising demand for dental imaging equipment.
Germany, which is expected to account for 22.6% of the total European dental imaging equipment market in 2022, is another country with promising growth prospects. Due to the surge in dental radiography and the large installed base of digital radiography, Germany is expected to lead the market.
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Dental Imaging Equipment Market By Category
By Product:
- 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
By End User:
- Hospital
- Ambulatory Surgical Centers
- Independent Dental Clinics
- Forensic Laboratories
About Future Market Insights (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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