With the aid of dental imaging technology, hidden dental structures, benign or cancerous tumours, cavities, bone lumps, and other damages that are not visible during routine checkups can be seen. Growing oral health problems, more product launches, and rising dental health expenditures are the main drivers of the dental imaging equipment market. During the course of the forecast period, market expansion is anticipated to be fueled by the growing emphasis on new product launches for the treatment of oral disorders. For instance, a new generation of intraoral sensors with numerous technological upgrades and optimizations was introduced by Dentsply Sirona, a dental equipment manufacturer with headquarters in the United States, in October 2019.
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Global Dental Imaging Equipment Market – Impact of Coronavirus (COVID-19) Pandemic
acute severe respiratory syndrome The coronavirus illness of 2019 (COVID-19) pandemic is brought on by the coronavirus 2 (SARS-CoV-2) virus. It has a significant risk of spreading to vulnerable people, such as dental patients and staff, and can have devastating consequences. Authorities including the Centers for Disease Control and Prevention and the American Dental Association issued their replies to COVID-19 in October 2020, stating that more specific attention is needed for the safe practise of oral and maxillofacial radiography and imaging. The Centers for Disease Control and Prevention (CDC) recommended against visiting dental offices unless there was an emergency, such as uncontrollable bleeding or bacterial illnesses that could spread to the respiratory system, in March 2020. The same source claims that non-emergency dental conditions like broken braces, dry mouth, mouth irritation, bleeding gums, gingivitis, and plaque buildup can be treated at home without a visit to the dentist. Therefore, it is anticipated that the regulatory committee’s changes to the rules and regulations will impede market expansion. Thus, it is anticipated that the impact of the coronavirus (COVID-19) pandemic will restrain the growth of the global market for dental imaging equipment during the forecast period.
The market for dental imaging equipment is anticipated to reach a value of US$ 3,287.2 million in 2022 and grow at a 6.8% CAGR during the forecast period (2023-2030).
The global market for dental imaging equipment is anticipated to increase as a result of rising product releases and increasing numbers of important companies making acquisitions.
Rising numbers of acquisitions by the leading market competitors are significant drivers supporting market expansion over the forecast period. For instance, the CAD/CAM software vendor Exocad (Global Holdings GmbH) was acquired by Align Technologies, Inc. (Align) in March 2020. With this acquisition, Align reinforced and expanded its digital dentistry platform for partners, laboratories, and medical professionals throughout the world.
Product introductions are anticipated to fuel the expansion of the global market for dental imaging equipment. For instance, Detection Technologies, a leading provider of X-ray detector systems, introduced the X-Panel 1412 in September 2020 to develop dental and industrial X-ray imaging applications. The X-Panel 1412 is a series of X-ray flat panel detectors (FPDs) that uses complementary metal oxide semiconductor (CMOS) technology and offers quick scanning and extremely crisp images.
Global Dental Imaging Equipment Market – Restraints
Due to the shortage of dentists in low- and middle-income countries, the growth of the global market for dental imaging equipment is anticipated to be constrained over the forecast period. For instance, only 7,239 of the over 2.7 million dentists registered with the Dental Council of India (DCI) according to the National Health Profile (NHP) 2018 are employed by the government.
Global Dental Imaging Equipment Market- Major Region
North America is the largest region in the global market for dental imaging equipment, which is expected to reach US$ 3,287.2 Mn in 2021 and US$ 5,193.5 Mn by 2028, growing at a 6.8% CAGR over the forecast period. The increasing prevalence of oral health problems and rising costs of dental care are two major drivers of market expansion for dental imaging equipment. For instance, the American Dental Association reports that the U.S. spent $124.4 billion on dental treatment in 2016, an increase of 3.3% from 2015.
Global Dental Imaging Equipment Market – Competitive Landscape
ACTEON, Align Technologies Inc., CALCIVIS, Carestream Health, Cefla s.c., Dentsply Sirona Inc., Envista, Planmeca Oy, VATECH, and Yoshida Dental Mfg. Co. Ltd. are important market participants in the dental imaging equipment sector.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/insight/buy-now/531
| The market size value in 2023 |
Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Executive Summary
Market Overview
- Definition of Dental Imaging Equipment Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Dental Imaging Equipment Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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