Press release
Dental X-Ray Market is Booming Worldwide: The Biggest Opportunity of 2020
Market Size - USD 1.99 Billion in 2018, Market Growth - CAGR of 8.2%, Market Trends -Development in technology, new research in medical and treatment are the trends in Dental X-Ray MarketThe global dental X-ray market was valued at USD 1.99 billion in 2018 and is expected to reach USD 3.70 billion by year 2026, at a CAGR of 8.2%. Dental X-ray market is driven by various factors that include increasing cases of oral diseases across the globeand increasing awareness among people about maintaining their oral health to prevent periodontal diseases. In most cases, dentists evaluate dental health through proper examination of teeth using dental X-rays.
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Key participants include Danaher Corporation, Carestream Health Inc., Sirona Dental Systems, Inc., Planmeca OY, Yoshida Dental Mfg. Co. Ltd., LED Dental, Vatech Co.Ltd, Midmark Corporation, Air Techniques Inc., and Cefla S.C.
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the dental X-ray market on the basis of Product Type, Technology, Applications, End-use and Region:
By product (Revenue, USD Million; 2016-2026)
o Digital x-ray
o Analog x-ray
By technology (Revenue, USD Million; 2016-2026)
o Extraoral
o Intraoral
o Hybrid
By Applications (Revenue, USD Million; 2016-2026)
o Diagnostic
o Therapeutic
o Cosmetic
o Forensic
By End-Use (Revenue, USD Million; 2016-2026)
o Dental Hospitals & Clinics
o Dental Academic & Research Institutes
o Forensic Laboratories
Regional Outlook (Revenue in USD Million; 2016-2026)
o North America
o Europe
o Asia Pacific
o Middle East & Africa
o Latin America
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Emerging countries in the Asia Pacific region such as India and China are expected to be the target regions during 2019-2026, due to the high share of geriatric population in these geographies, and high prevalence of oral cancer in the Asia Pacific region. At present, oral diseases affect over 3.58 billion people worldwide, which includes tooth decay of the permanent teeth and cancer. Dental caries or tooth decay is high in several nations, due to high intake of sugar in more than 60 countries, and rising inclination towards sedentary lifestyles among youth. For instance, it is estimated that around 34.3 million adults in the US currently smoke cigarettes and more than 16 million Americans live with a smoking-related disease. Along with that, increasing shift towards carbonated drinks over water is making the population more prone to dental disorders. These factors are speculated to propel the regional market.
Further key findings from the report suggest
o Non-profit organizations and governmental authorities are actively participating in the hygiene and health education to the resource-poor countries worldwide. For example, Path Canada is a nonprofit organization that is spreading awareness and education of the Vietnamese authorities and public in general about the hazardous effects of tobacco use.
o Oral cancer is one of the top three prominent cancers across the globe. It primarily causes pain, discomfort, and disfigurement. According to an estimation, globally more than 200,000 new cases of oral cancer are reported annually.
o North America region is registered with a CAGR of 7.9%. There is an increase in awareness among people about maintaining their oral health and obviating preventable periodontal diseases. The region has accounted for a market value of USD 574.0 million in 2018.
o Among Digital and Analog X-ray, Digital X-ray is gaining more popularity, with a market share of 65.9% against the global setting, as it is environmentally-friendly and has eliminated the use of waste and harmful chemicals needed to process conventional films. It is estimated that digital dental X-ray market will grow and reach USD 2.45 million by 2026.
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Major highlights of the report:
An all-inclusive evaluation of the parent market
The evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of the market value and volume in the past, present and forecast years
Market share evaluation
Study of niche industrial sectors
Tactical approaches of the market leaders
Lucrative strategies to help companies strengthen their position in the market
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