The global CBCT dental imaging market is expected to grow owing to greater intensity of treatment, growing incidence of dental diseases, and growing income. The growing application expanse is another driver of the market. CBCT is primarily used for complex procedures such as the diagnosis of a temporomandibular joint disorder, jaw tumors, reconstructive surgery, cephalometric analysis, determining the structure, and orientation of bone tooth for dental implants.
According to Market Research Future (MRFR), the global CBCT dental imaging market is expected to garner a valuation of USD 565.3 MN by 2023. In its recent analysis, MRFR also asserts that the market would register a CAGR of over 9.8% over the assessment period (2016-2023).
The attractive advantages of CBCT, such as decreased examination time, patient movement, and the greater details and precision of images, is another driver of the market. However, the disadvantages of CBCT, such as increased radiation and higher cost, are hampering the market. New product development, such as lowering the effective radiation dose, lower scan time, and higher resolution combined with advanced software programs providing 3-orthogonal planes imaging, is expected to drive faster market growth. The limitations of conventional imaging systems such as poor magnification and misrepresentation of dental tissue structures are driving speedier market adoption of CBCT systems.
Additional factors fostering the market demand include the dramatically rising incidence of dental diseases and surgical procedures.
Global CBCT Dental Imaging Market – Segments
The report is segmented into four dynamics to widen the scope of understanding,
By Type of Detector: Flat Panel Detectors, and Image Intensifier.
By Application: Dental Implants, Endodontics, Orthodontics among others.
By End Users: Hospitals Dental Clinics, Academic Research Institutes among others.
By Regions: Europe, North America, Asia Pacific, and the Rest-of-the-World.
Global CBCT Dental Imaging Market – Regional Analysis
The US accounts for the largest CBCT dental imaging, which is expected to expand at a CAGR of 9.5% to reach USD 280.9 MN during the review period. The US market size is expected to reach USD 280.9 million by 2023. The large healthcare expenditure and the growing incidence of dental diseases is driving the market. However, the poor reimbursement for dental procedures in the US, coupled with the large out of pocket expenditure, is a hindrance to the market growth.
Europe accounts for the second-largest CBCT dental imaging market and is projected to grow at 10.0% CAGR. India is expected to drive the fastest10.3% CAGR in the Asian CBCT dental imaging market. The presence of significant medical devices industry in Germany is providing a considerable impetus to the European market growth.
Global CBCT Dental Imaging Market – Competitive Landscape
The CBCT dental imaging market is comparatively consolidated owing to the high cost of development and the proprietary technology possessed by a few large players. Close collaboration and service agreements with large hospitals are expected to garner market share.
Manufacturers rely on collaborations and partnerships with large hospitals and dental clinics. Service agreements are playing a key role for many players. There exists a large replacement market, and vendors are providing attractive discounts to hospitals to replace their older systems.
Manufacturers of CBCT dental imaging are developing their own distributions chains so as to tap the replacement market. The high cost of installation is being offset by maintenance agreements, thereby gaining market share.
Players leading the global CBCT dental imaging market include FONA Dental, SRO, Imaging Sciences International, LLC (US), SOREDEX (Finland), Carestream Health (US), Planmeca OY, Dentsply Sirona (US), Gendex, J.MORITA MFG.CORP. (Japan), Sinclair Dental/Dentaire (Canada), KaVo Dental GmbH (Germany), Vatech Networks (Republic of Korea) NewTom, Prexion (US), among others.