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Dental Imaging Equipment Market Projections, SWOT & Risk Analysis with Forecast by 2026

Dental Imaging Equipment
Dental Imaging Equipment

The global dental imaging equipment market was valued at US$ 1,721 million in 2017 and is expected to witness a robust CAGR of 6.9% over the forecast period (2018–2026).

Dental imaging is a technology used to visualize hidden dental structures, benign or malignant masses, cavities, bone masses, and other damages that cannot be viewed through normal check-ups. Dental radiographs, commonly known as dental x-rays are formed by control burst of x-ray radiations that penetrate oral structures at different levels to provide a clear picture for appropriate diagnosis of a dental problem. The simple intra-oral analogue X-rays have evolved over the recent past, reaching to advanced imaging techniques such as computed tomography, cone beam computed tomography, magnetic resonance imaging, and ultrasound in modern dentistry. The shift from analogue dental imaging to digital one has made the imaging process simpler and faster as well as provides dentists with options for image storage, image manipulations, and easy retrievals. Moreover, increasing use of computed tomography, also referred to as CT scans, are also rapidly being adopted in the field of dentistry, to produce adequate imaging during planning of dental implantation methods and other dental procedures. Three dimensional imaging has made the complex cranio-facial structures more accessible for appropriate investigation by the doctors and can result in correct diagnosis for further treatments.

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Among regions, North America holds a dominant in the global dental imaging equipment market. This is attributed to rapid development and launch of novel dental imaging tools and equipment by key players in the region. For instance, in March 2015, LED Medical Diagnostics introduced the new RioSensor intra-oral radiography system in the U.S. and Canada, which has a resolution of fewer than 20 line pairs per millimeter providing precise image quality. Moreover, the rising incidence of periodontal diseases is also expected to foster growth of the North American market. For instance, according to Centers of Disease Control and Prevention (CDC), one out of every two people aged 30 years and above suffered from periodontal disease in 2012, in the U.S. On the other hand, Asia Pacific is expected to exhibit high growth over the forecast period, owing to increasing medical tourism in the Asian countries such as India and ASEAN regions for dental bone grafting and implantation procedures, which increases the demand for oral cavity scans before the treatment. According to the Indian Brand Equity Foundation (IBEF), the cost of dental procedures in India are 10 times lesser that the cost of same procedures in the U.S. and Europe.

Market players are engaging in innovative product launches to sustain their position in the global dental imaging equipment market

Key players in the market are focused on expansion of their presence through launch of new imaging tools and instruments worldwide. For instance, in February 2018, Planmed introduced Planmed Verity cone beam computed tomography scanner for head and oral imaging. Moreover, in February 2011, PreXion introduced PreXion 3D Elite cone beam CT imager that reduces radiation exposure by up to 53% in 8.6 sec scan. Key players operating in the global dental imaging equipment market include Planmeca Oy, Dentsply Sirona, Midmark Corporation, LED Medical Diagnostics, Inc., Carestream Health, Inc., Danaher Corporation, The Yoshida Dental Mfg. Co., Ltd., Vatech Co. Ltd., Flow Dental Corporation, and Acteon Group.

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