Dental Radiology Equipment Market to grow at a CAGR of 12.2% during 2024-2028
The Dental Radiology Equipment Market is expected to grow at a CAGR of 12.2% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2454.8 million. In the dynamic dental radiology equipment market, vendors are continually innovating to address the limitations of legacy systems. Notable advancements include faster scan times and enhanced image visualization. Carestream Dental LLC's CS 8100SC 3D dental radiology system, an upgrade from the CS 8100 3D model, boasts one of the quickest scan times, approximately three seconds. Additionally, it comes with Carestream Dental's advanced imaging software, which facilitates the automatic recognition of anatomical structures. Planmeca Oy's Correction Algorithm for Latent Movement (CALM) is another significant development, mitigating issues caused by patient movement during 3D scans. These technological advancements underscore the industry's commitment to improving efficiency and diagnostic accuracy in dental radiology.
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Technavio analysts predict that the Dental clinics subsegment will lead the End-user segment during 2024 and 2028 In the global dental industry, private dental clinics have formed strategic partnerships with insurance providers, such as BUPA in the UK and certain Asia-Pacific countries like India, to offer comprehensive dental coverage to individuals. The surge in private dental clinics, fueled by foreign and domestic investments, is driving up demand for dental procedures. This trend is particularly significant in light of the growing edentulous population and rising incidence of dental caries in both developing and developed economies. As a result, the demand for advanced dental radiology equipment is set to increase significantly.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish prevalence of dental conditions
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The Dental Radiology Equipment Market has witnessed significant growth in recent years, driven by increasing medical expenditure on dental care and the need for early diagnosis and preventive dental care. Dental conditions such as tooth decay, gum diseases, dental implants, orthodontics, and cosmetic dentistry require pre-operative imaging to ensure accurate diagnosis and treatment planning. Dental imaging equipment, including 3D imaging systems like CBCT and digital radiography, play a crucial role in this process. Enhanced disinfection protocols, remote operation, and touchless features have become essential in dental clinics to ensure patient safety during the ongoing pandemic. Early diagnosis of dental disorders through dental radiology equipment is crucial for preventive dental care and maintaining oral health. Dietary habits also significantly impact dental health, making the use of dental imaging technologies increasingly important. Extraoral X-ray systems are commonly used for dental check-ups, providing clear images of the entire oral cavity for comprehensive diagnosis and treatment planning. Overall, the dental radiology equipment market is expected to continue growing as the importance of oral health and early diagnosis becomes increasingly recognized.
In accordance with Technavio's market analysis, the dental radiology equipment market is a significant segment within the expansive global healthcare equipment industry. This sector encompasses organizations dedicated to the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are utilized in the diagnosis, monitoring, and treatment of diverse disease areas. Technavio determines the size of the global healthcare equipment market by aggregating the revenues generated by manufacturers of diagnostic equipment and devices. The healthcare equipment landscape consists of the following sectors: Devices, which include advanced, differentiated, and clinically validated devices, such as dental radiology equipment.
The Dental Radiology Equipment Market is experiencing significant growth, fueled by the prevalence of dental conditions. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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