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Cone Beam Computed Tomography Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends
Cone Beam Computed Tomography Global Market Report 2024
According to The Business Research Company's, The cone beam computed tomography market size has grown rapidly in recent years. It will grow from $1.21 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to expansion of dental and maxillofacial surgeries, minimally invasive procedures, insurance coverage expansion, increasing prevalence of dental disorders, rising geriatric population.
The cone beam computed tomography market size is expected to see rapid growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to increasing applications in non-dental fields, rising global healthcare expenditure, emergence of portable cbct devices, growing adoption in veterinary medicine, focus on precision medicine. Major trends in the forecast period include integration with cad/cam systems, mage-guided interventions, technological advancements, technological innovations in cbct systems, 3d imaging in dentistry.
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Market Drivers and Trends:
The increasing cases of dental disorders are expected to propel the growth of the cone beam computed tomography market going forward. Dental disorders refer to the types of oral conditions that affect oral health, including gum disease, tooth erosion, and cavities. Dental disorders can be painful and uncomfortable, may limit one's capacity to eat, and may be detrimental to one's self-esteem. Cone beam computed tomography is primarily used to detect dental problems before they occur, which improves the endodontist's capacity to identify, assess, and care for patients as well as evaluate issues with the jaw, teeth, and skeletal aspects of the face. For instance, in March 2023, according to a report shared by the World Health Organization (WHO), a Switzerland-based health organization, globally, oral diseases affected almost 3.5 billion individuals. Approximately 10 percent of people worldwide have severe periodontal gum disease, which can result in tooth loss. Additionally, 2.3 billion individuals worldwide have dental caries in their permanent teeth, and 520 million children worldwide suffer from primary tooth decay. Therefore, the increasing cases of dental disorders are driving the growth of the cone-beam computed tomography market.
Product innovations are a key trend gaining popularity in the cone beam computed tomography market. Major companies involved in the cone-beam computed tomography market are focused on innovating new solutions to improve their observation power and sustain their position in the market. For instance, in May 2021, PreXion Inc., a US-based medical equipment manufacturer, launched PreXion 3D Explorer PRO, a new version of the first 3D CBCT imaging equipment with an integrated cephalometric X-ray. This version of the device has a built-in cephalometric X-ray arm. The high-resolution cone-beam computed tomography (CBCT) scanner PreXion 3D Explorer PRO is utilized for dental and maxillofacial imaging. It makes use of cutting-edge 3D imaging technology to create extremely accurate and detailed photographs of the teeth, jaws, and facial structures, enabling better diagnosis and treatment planning. Additionally, key distinctive features also include an ingenious built-in ceph arm design that frees up more than two feet of space. Low dosage, HD, and endo CT modes, as well as 14-second pano and 16-second ceph scan timings, all have scan times of 20 seconds or less.
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Major Key Players of the Market:
Dentsply Sirona Inc.; Planmeca Group; Vatech Co. Ltd.; Asahi Roentgen Industry Co. Ltd.; Brainlab AG; CurveBeam AI; J. Morita Corporation; NewTom; PreXion Inc.; Canon Medical Systems Corporation; Fussen Technology Co. Ltd.; Gendex Dental systems; Genoray Co. Ltd.; Idetec Medical Imaging; Instrumentarium Dental Inc.; Carestream Health Inc.; Danaher Corporation; QR s.r.l.; Sirona Dental Systems; Cefla s.c.; Villa Sistemi Medicali Spa.; PointNix Co. Ltd.; CMT Medical Technologies; ASAHIROENTGEN IND Co. Ltd.; CephX Technologies; ClaroNav Inc.; JPI Healthcare Solutions; Meyer Instruments Inc.; LargeV Instrument Corp.; Soredex
Cone Beam Computed Tomography Market 2024 Key Insights:
• The cone beam computed tomography market size will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
• Rising Dental Disorders Propel Expansion Of Cone Beam Computed Tomography Market
• Innovative Products Enhances Cone Beam Computed Tomography Market
• North America was the largest region in the cone beam computed tomography market in 2023
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