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Europe CBCT Dental Imaging Market Top Countries Exclusive Data by 2023 - J.MORITA MFG.CORP, KaVo Dental GmbH (Danaher Corporation), NewTom, Planmeca OY, etc
Market Research Future published a Cooked research report on “Europe CBCT Dental Imaging Market Research Report - Forecast to 2023”– Market Analysis, Scope, Progress, Trends and Forecast to 2023.Europe CBCT Dental Imaging market is expected to grow at the CAGR of ~ 11.41% during the forecast period till 2023. According to a recent study report published by the Market Research Future, the Europe CBCT Dental Imaging market is expected to gain eminence over the forecast period. The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a constant CAGR during the anticipated period (2017–2023).
Europe CBCT Dental Imaging Market - Key Players
Carestream Health (U.S.), Dentsply Sirona (U.S.), FONA Dental, S.R.O. (Slovak Republic), Gendex (Danaher Corporation) (U.S.), Imaging Sciences International, LLC. (Danaher Corporation) (U.S.), J.MORITA MFG.CORP (Japan), KaVo Dental GmbH (Danaher Corporation) (Germany), NewTom (Italy), and Planmeca OY (Finland) and others are some of the prominent players at the forefront of competition in the Europe CBCT Dental Imaging Market and are profiled in MRFR Analysis.
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Competitive Analysis - Europe CBCT Dental Imaging Market
The market for CBCT Dental Imaging is characterised by the presence of several well-established and small players, the global market of CBCT Dental Imaging appears to be highly competitive and fragmented. Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The key players in the industry are adopting to compete with one another directly and indirectly with other ecosystem players. The established companies are busy in acquiring companies and entering into partnership with other ecosystem players. The Market Entropy activities in this market includes Mergers & Acquisitions, Collaboration & Expansion, Product Development and Launch and Others.
Since, the market started gaining attraction; companies across the globe have been striving hard to bring about innovations in 3D radiographic imaging devices and services, depending upon the demand of the consumers. In light of this trend, the market is gaining considerable momentum through the opportunities for personalization and customization which the new entrants have to offer.
For instance, in March 2015; KaVo consistently developing its product 3D eXam DVT platform. The system is equipped with all necessary functions for the production of 3D images of superior quality. The KaVo 3D eXam+ was specially developed for volume tomography and meets the highest requirements for 3D diagnostics.
Increasing mergers and acquisitions has also supported the growth of the market. Such as in February 2016, DENTSPLY International Inc. and Sirona Dental Systems, Inc. proclaim completion of remaining regulatory milestones for proposed merger.
Therefore, the growing key business strategies will help the key competitors to expand their presence in various parts of the Europe region for their competitive products and will has spurred the growth of the market.
Segments - Global Europe CBCT Dental Imaging Market
Europe CBCT Dental Imaging market has been segmented on the basis of type of detector which comprises of flat panel detector and image intensifier. Flat panel detector is sub-segmented into indirect conversion flat panel detectors and direct conversion flat panel detectors.
On the basis of application, it is segmented into dental implants, orthodontics, endodontics, and others. Dental Implants is sub-segmented into endosteal implants and subperiosteal implants.
On the basis of end user, this market is segmented into hospitals & dental clinics, academics and research institutes, and others.
Regional Analysis - Global Europe CBCT Dental Imaging Market
Considering the scenario of the market, in 2016, Germany accounted for the largest market in Europe CBCT dental imaging market. The highest number of CBCT machines are sold each year in Germany among other European countries. Innovation and technologically advanced product development is leading the market growth. Germany is expected to reach 93.8 million by 2023. Some other factors such as growing aging population, funding for research, and availability of advanced imaging products are driving the market growth.
Italy holds second position in Europe CBCT dental imaging market due to rapid adoption of advanced imaging devices and top class medical facilities. This market was valued around USD 29.0 million in 2016 and expected to continue its growth during the forecast period. Availability of advanced healthcare facilities, large amount of money invested for technology up gradation, and high awareness among the medical professional as well as people are spurring the market growth.
UK is expected to grow at fastest CAGR of 11.89% during 2017-2023. Some major factors are driving the market growth such as government support to encourage research and new product development, growing aging population, increasing cases of various dental problems, increasing number of people suffering from gum problems etc.
Rest of Europe is expected to grow slower than other European countries in this market and this lag can be attributed to slow adoption of advanced devices, low investment for research and technology up gradation, slow economic growth, traditional approach toward the healthcare etc.
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