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Intraoral/IOL Scanners Market worth $1.0 billion | DENTSPLY SIRONA Inc (US), 3Shape (US), Envista Holdings Corporation (US), Medit Corp. (South Korea), and Align Technology Inc. (US)

09-25-2023 04:16 PM CET | Health & Medicine

Press release from: marketsandmarket

Intraoral Scanners Market

Intraoral Scanners Market

Intraoral/IOL Scanners Market in terms of revenue was estimated to be worth $0.6 billion in 2023 and is poised to reach $1.0 billion by 2028, growing at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Developing countries such as China, India, Mexico, Brazil, New Zealand, the Middle East, and other APAC and Latin American countries present a lucrative opportunity for players in the market. This is mostly due to their expanding middle-class population, increasing disposable incomes, and the rising demand for dental tourism.

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"During the forecast period, the wired scanner is expected to be the fastest growing segment of the intraoral scanner market."

Under modality, the wired scanner is forecasted to grow at the highest CAGR from 2023 to 2028. The primary drivers of this market are the introduction of new technologies, which provide advantages for patients in terms of low operating costs and less time consumption. As the majority of wired scanners operate through plug-and-play technology, there is no depletion of the battery as the scanner uses the power from the computer or a laptop. These scanners provide detailed and accurate 3D impressions for better diagnosis and treatment plans.

"In 2022, by end-user, dental hospitals clinics segment held the largest share of intraoral scanner market."

By end user, the intraoral scanner market can be segmented into dental hospitals and clinics segment, dental research and academic institutes, and other end users. Due to the large adoption of the intraoral scanner market at dental hospitals and clinics, this segment occupied the largest share of the market in 2022. Additionally, there has been an increase in rise in demand for clear aligners and dental tourism, which has contributed to the growth of the market.

"During the forecast period, Asia Pacific is expected to be the fastest growing region in the intraoral scanner market. "

The intraoral scanner is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa. Asia Pacific is expected to be the fastest-growing region in the intraoral scanner market during the forecast period. Growth in the Asia Pacific intraoral scanner market is driven by the growing geriatric population, growing dental tourism in major Asian markets such as India, and factors such as the increasing number of dental professionals, the rising incidence of dental diseases, and the growing number of tooth repair procedures.

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Intraoral/IOL Scanners Market Dynamics:

Drivers:

Technological advancements in intraoral scanners

Restraints:

High cost of intraoral scanners and dental procedures

Opportunities:

Potential for growth in emerging countries

Challenges:

Dearth of trained dental practitioners

Key Market Players:

The key players in the intraoral scanner market include DENTSPLY SIRONA Inc (US), 3Shape (US), Envista Holdings Corporation (US), Medit Corp. (South Korea), and Align Technology Inc. (US).

Recent Developments:

In September 2022, DENTSPLY SIRONA Inc. launched a new laptop version of the prime scan intraoral scanner. It provides easy scanning of the intraoral cavity.

In September 2022, one of the market leaders, 3Shape, introduced TRIOS 5 Wireless, a completely new, state-of-the-art intraoral scanner designed to make it easier than ever for dentists to go digital with their dentistry.

In July 2021, DENTSPLY SIRONA Inc. (US) partnered with 3 Shape (Denmark) To provide better access for TRIOS users to SureSmile Clear aligners.

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Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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