Valley Cottage, NY -- (SBWire) -- 04/09/2019 --Increase in the number of cosmetic dental surgeries across the world is expected to supplement the demand for enhanced dental imaging equipment. Valued at US$ 2,088.2 Mn in 2015, the global market for dental imaging equipment is expected to surge at a y-o-y growth rate of 5.1% and reach US$ 2,194.7 Mn in 2016. The high prevalence of dental ailments, such as gingivitis, tooth decay, and dry mouth in Europe, North America and Asia Pacific will continue to be an influencing factor for the growth of the dental imaging equipment market. Increasing awareness of dental hygiene is also a key driver fuelling the demand for advanced dental imaging apparatus.
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Lack of skilled professionals and lower lifespan of accessories used in such equipment are anticipated to restrain the global expansion and hamper the growth opportunities for the dental imaging equipment market.
By product-type, extraoral X-ray system will continue to dominate the market; however, the cone-beam computed tomography (CBCT) imaging product is likely to register rapid growth in terms of value and reach US$ 395.7 Mn in 2016.
By end-use, dental clinics and ambulatory surgical centres will witness higher adoption of dental imaging equipment in 2016 and beyond. In terms of market revenue, the independent dental clinics are expected to grow exponentially and contribute US$ 1,480.5 Mn in the global market. Forensic laboratories and hospitals are also anticipated to be prominent end-users of dental imaging equipment, owing to the pathological and surgical use of dental imaging devices.
Owing to the high adoption of CBCT imaging products in the U.S., North America will continue to remain the largest market for dental imaging equipment globally. Europe and APEJ regions will jointly account for over 40% revenue share in 2016.
In addition, we have taken into consideration the Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify growth opportunities for the players in the global dental imaging equipment market.
Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked, while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective of the dental imaging equipment market. To understand key segments in terms of their growth and performance in the global dental imaging equipment market, Future Market Insights has developed a market attractiveness index. The resulting index would help providers identify existing market opportunities.
In the final section of the report, the 'competitive landscape' is included to provide a dashboard view of dental imaging equipment manufacturers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the dental imaging equipment value chain and the potential players. However, this section also includes market strategies and SWOT analysis of the main players in the global dental imaging equipment market.
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The key players in the global dental imaging equipment market include Acteon Group, Planmeca Oy, Danaher Corporation, Carestream Health, VAtech Co. Ltd., and Dentsply Sirona, among others. Danaher Corporation is expected to be the utmost dominating company in the global market, owing to the company's flagship product range of advanced CBCT equipment.
Dental Imaging Equipment Market Analysis Research Report Till 2024: Acteon Group, Planmeca Oy, Danaher Corporation, Carestream Health, VAtech Co. Ltd.
The global dental imaging equipment market is estimated at US$ 2,088.2 Mn in 2015 and will expand at a moderate CAGR during the forecast period 2016-2024.