CBCT Imaging has already replaced standard panoramic X-rays, providing invaluable information that ranges from finding impacted tooth locations in children to asymptomatic endodontic lesions in adult patients.
CBCT allows seeing the third dimension (3D) imaging that had been missing in dentistry for so long. Increase in small computer processing power has made the technology possible in a small dental office as well. As a result, CBCT dental imaging is garnering a vast market prominence.
Resultantly, the market is vibrating with the increased opportunities in the field of dentistry fostered by superior diagnostics. Favorable reimbursement policies drive the market, increasing the adoption of novel technologies.
According to a leading research firm – Market Research Future (MRFR), the global CBCT dental imaging market is forecasted to reach a valuation over USD 817.5 MN by 2023. In its recently published analysis, MRFR asserts that the market would register over 9.8% CAGR throughout the review period (2017-2023).
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The market is driven by the rising number of dental imaging centers, majorly. Also, new product and technology launches are influencing the growth of the market. Substantial investments made by the public-private organizations to drive the R&D activities are improving related technologies. Additional factors that are bolstering the market growth include increasing use of the 3D radiographic imaging in orthodontics and increasing uptake of CBCT imaging by dental professionals.
Players leading the global CBCT dental imaging market include Dentsply Sirona (US), Carestream Health (US), FONA Dental, Gendex, S.R.O., Imaging Sciences International, LLC (US), KaVo Dental GmbH (Germany), J. Morita MFG.CORP. (Japan), NewTom, Planmeca OY(Finland), Sinclair Dental/Dentaire (Canada), Prexion (US), SOREDEX (Finland), and Vatech Networks (Republic of Korea), among others.
CBCT Dental Imaging Market – Segments
The report is segmented into four market dynamics to widen the scope of understanding,
By Type of Detector : Flat Panel Detectors and Image Intensifier, among others.
By Application : Dental Implants, Endodontics, Orthodontics, and others.
By End-users : Hospitals & Dental Clinics, Academic & Research, and Institutes, among others.
By Regions : Europe, North America, Asia Pacific, and the Rest-of-the-World.
Market Growth Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain
5.2.1 Research & Product Development
5.2.2 Component Manufacturing
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CBCT Dental Imaging Market – Regional Analysis
North America leads the global CBCT dental imaging market due to the increasing advancement in digital medical technology. Factors like the rising prevalence of dental issues and the increasing government initiatives and funding programs for research in dental imaging are fostering the growth of the regional market. Furthermore, the presence of several key players and a well-developed healthcare sector impacts market growth positively.
The well-spread awareness about the benefits of CBCT dental imaging in diagnosing dental issues is some of the key driving forces behind the regional market growth. Additionally, huge uptake of advanced technologies in the dentistry is a dominant factor fostering the growth of the CBCT dental imaging market in the North American region. The US market for CBCT dental imaging is estimated to reach USD 326.6 MN by 2023, registering a CAGR of 11.0% from 2017-2023.
The CBCT dental imaging market in the European region takes the second lead and expected to grow at a CAGR of 11.7% throughout the forecast period. Increasing in R&D activities and new products launches are positively impacting the growth of the regional market. Moreover, strategic approaches, such as collaborations and partnerships, are fuelling market growth. Additionally, factors such as the availability of advanced treatment facilities, well-spread awareness about the benefits of these imaging systems, and increasing healthcare expenditure foster market growth.
The Asia Pacific CBCT dental imaging market is emerging as a lucrative market globally. Factors such as the ever-increasing population, especially in India and China, are impacting the market growth positively. Japan holds a significant revenue share, whereas China is poised to be the fastest-growing market. The CBCT dental imaging market in the APAC region is expected to grow at a CAGR of 12.1% from 2017 to 2023.
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September 03, 2019 — Orca Dental AI (the US), a leading global provider of automated dental imaging solutions, announced its partnership with Planmeca Oy (Finland) to bring artificial intelligence (AI) enabled products that enable instant teeth segmentation and structure identification to the market for the first time.
ORCA provides dental artificial-intelligence (AI) technologies for automatic diagnostics, analysis, and treatment planning to improve the dental practice of the entire dental ecosystem. Finnish manufacturer of 3D digital imaging devices and software – Planmeca Oy is a leading provider of dental imaging solutions. The new partnership further extends the existing integration between the companies, allowing customers to receive automatic, AI-driven cephalometric analyses.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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