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Dental Digital X-Ray Market Report 2024 - Dental Digital X-Ray Market Share And Trends
Dental Digital X-Ray Market
According to The Business Research Company's, The dental digital x-ray market size has grown rapidly in recent years. It will grow from $3.62 billion in 2023 to $4.00 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to a rise in dental tourism, increasing healthcare expenditure, expanding dental insurance coverage, and increasing awareness about the benefits of digital X-ray technology over traditional film-based systems.
The dental digital x-ray market size is expected to see rapid growth in the next few years. It will grow to $5.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to the increasing elderly population worldwide, expansion of dental practices, growing emphasis on preventive dental care, increasing adoption of tele dentistry solutions, growing environmental concerns regarding the disposal of hazardous chemicals used in traditional film-based X-ray systems. Major trends in the forecast period include integration with AI and big data, growing trend towards the adoption of Cone Beam Computed Tomography (CBCT) technology, growing preference for minimally invasive dental procedures, and a shift towards portable and mobile digital X-ray systems in dental practices.
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Market Drivers and Trends:
The rise in the prevalence of dental diseases is expected to propel the growth of the dental digital X-ray market going forward. Dental diseases refer to conditions affecting the teeth, gums, and oral tissues, including dental caries (tooth decay), periodontal diseases (gum diseases), and oral infections, leading to pain, inflammation, and potential loss of teeth if left untreated. The surge in dental diseases is due to poor oral hygiene practices, unhealthy dietary habits, and a lack of access to dental care services. The dental digital X-ray enables precise diagnosis and treatment planning of oral health, leading to improved patient outcomes and more efficient dental care delivery. For instance, in August 2023, according to the report released by the National Health Service, a UK-based publicly funded healthcare system, there were 32.5 million instances of dental disorder treatments administered, an increase of 23.2% compared to the 26.4 million treatments delivered in 2021. Therefore, the rise in the prevalence of dental diseases is driving the growth of the dental digital X-ray market.
Major companies operating in the dental digital X-ray market are focusing on developing innovative dental digital imaging sensors such as Evolve Sensor to enhance diagnostic precision, improve treatment planning, and elevate overall patient care. The Evolve Sensor is an innovative intraoral dental digital imaging sensor that provides high-definition images for accurate and safe diagnosis. For instance, in October 2023, PreXion, Inc., a US-based medical equipment manufacturer, introduced the Evolve Sensor, an intraoral dental digital imaging sensor. It delivers high-definition images, ensuring precision for accurate diagnoses. The Evolve sensor features user-friendly software, real-time high-definition image capture in seconds, internal silicone protection, and USB 2.0 connectivity. This makes it a time-saving and cost-effective solution for dental practices transitioning to digital imaging.
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• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Dentsply Sirona Inc., Envista Holdings Corporation, Acteon Group Ltd., Planmeca Oy, Varex Imaging Corporation, Midmark Corporation, Cefla S.C., Vatech Co. Ltd., DEXIS LLC, Dentium Co. Ltd., KaVo Dental GmbH (KaVo Kerr division), Gendex Dental Systems, Air Techniques Inc., Soredex, Belmont Equipment Inc., Ray Medical Co. Ltd., Planet DDS, NewTom, J. Morita Corporation, Video Dental Concepts Inc., FONA Dental s.r.o., Yoshida Dental Mfg. Co. Ltd. (YDM Corporation), Owandy Radiology SAS, Sota Imaging Inc., Apteryx Imaging Inc.
Dental Digital X-Ray Market 2024 Key Insights:
• The dental digital x-ray market size is expected to see rapid growth in the next few years. It will grow to $5.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%.
• Dental Diseases Driving Demand For Digital X-Ray Systems
• Introduction Of Innovative Dental Digital Imaging Sensors
• North America was the largest region in the dental digital x-ray market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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