The Global Dental X Ray Systems Industry, currently valued at approximately US$ 1.66 billion, is poised for remarkable growth. According to a comprehensive analysis, the market is projected to achieve a robust compound annual growth rate (CAGR) of 6.4%, with a total estimated worth of US$ 2.73 billion by the end of 2030.
The surge in demand for effective diagnostics and treatment for acute diseases like cancer, aimed at early disease detection to enhance survival rates, has fueled the rapid rise in the popularity of dental X-ray systems. These systems have garnered attention as a promising diagnostic and treatment solution.
Furthermore, dental X-ray systems are noted for their ability to significantly reduce radiation exposure to patients, further strengthening the trust and confidence of medical practitioners in this equipment. This, in turn, has contributed to the accelerated growth of the dental X-ray systems market.
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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. According to 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 the portable intraoral X-ray systems, the traditionally used floor mounted dental X-ray systems are gradually becoming obsolete. When weighted on the basis of cost, dental X-ray systems provides far better affordability to the dental clinics and hospitals as compared to the cone-beam computed tomography (CBCT) systems, which is why the sales prospects of the former are better.
Challenges Pertaining to 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 and 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 the diseases, which has been fulfilled by the 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 dental X-ray systems market provides a detailed analysis on the basis of several factors affecting the market growth. The key geographies assessed in this study include China, APEC, Europe, Latin America, North America, and Middle East and Africa (MEA). Depending on the market size, North America leads the dental X-ray systems market, attributed to the 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
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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