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Cone Beam Computed Tomography (CBCT) Systems Market Scenario Highlighting Major Drivers & Trends, 2023

02-25-2019 09:54 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Cone Beam Computed Tomography (CBCT) Systems Market Scenario

The Cone Beam Computerized Tomography (CBCT) system is a special type of x-ray machine. These systems are used by medical professionals to reconstruct 3D images of various patient anatomical areas such as dental, oral and maxillofacial regions, ear, nose and neck regions. The global CBCT systems market was valued at $536 million in 2016 and is projected to reach $1,041 million by 2023, growing at a CAGR of 9.9%.

It is expected that the growth of the elderly population, the wide application of the CBCT system in dental care, and the number of patients suffering from dental diseases will lead to market growth. In addition, expanding the application of CBCT systems in other medical sectors such as breast imaging further augments market growth. However, image-related issues such as the high cost and lack of clarity of the device are expected to hamper market growth.

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KEY FINDINGS OF CBCT SYSTEMS MARKET:

• The breast imaging sector is expected to grow at a CAGR of 12.2% over the forecast period.

• Hospitals and clinics accounted for more than three-fifths of the global CBCT systems market in 2015.

• The flat panel image detector is expected to register a peak CAGR of 10.0% during the analysis period.

• France and Germany jointly contributed more than one-third of the European CBCT system market in 2016.

• Japan is a major shareholder with over one-third of the 2015 Asia-Pacific CBCT systems market.

Dental applications are expected to dominate the market during the analysis period due to increased incidence of dental diseases such as tooth loss, periodontal disease and TMJ disorders. On the other hand, other applications are expected to grow at a CAGR of 11.8% over the forecast period.

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MARKET PLAYERS:

• Dentsply Sirona
• Vatech Co.Ltd.
• Cefla s.c.
• Carestream Health
• Danaher
• Planmeca OY
• J. Morita
• Curve Beam
• Prexion

Growth in Asia-Pacific Region:

This region offers lucrative opportunities in this market owing to presence of large pool of patients suffering from dental disorders, such as dental cavities, periodontal disease, and tooth loss. According to an article published by NCBI in 2016, about 95% of the Indian population suffers from periodontal disease. Hence, high incidence of dental disorders makes it an attractive market for CBCT systems.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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