Press release
Europe CBCT Dental Imaging Market to Observe Strong Development USD 325.5 Million by 2023, CAGR of ~ 11.41%
Dental Cone Beam Computed Tomography or CBCT is a special type of X-ray equipment used when regular dental or facial X-rays are not sufficient. This technology is used to produce three dimensional (3-D) images of the teeth, soft tissues, nerve pathways, and bones in a single scan.Increasing funding for research is leading to new and innovative device development that is driving the market growth. Rapid adoption of advanced devices by dental professionals for accurate and effective diagnosis is also important for the market growth. The use of 3D radiographic imaging in orthodontics is growing rapidly which has fueled the market demand. Changing technology and healthcare practices also play major role in the growth of this market. Some other factors include growing aging population, rising awareness, investment made by hospitals for technology up gradation, increasing cases of gum diseases and sport injuries that are spurring the market growth.
Government support to encourage research and development also plays an important role here. Academic and research institutes are leading new researches that are expanding the application of CBCT imaging devices. Increasing use of CBCT imaging in cosmetic dentistry treatments is another key driving force for the market.
However, some factors are inhibiting the growth of Europe CBCT Dental Imaging market such as lack of awareness for the use of advanced technologies which results in slow adoption of advanced technologies in many European countries, risk of radiations in children and teens etc.
CBCT dental imaging industry is growing rapidly and is expected to continue its growth during 2017-2023. Europe CBCT Dental Imaging market is expected to grow at the CAGR of ~ 11.41% during the forecast period and is estimated to reach USD 325.5 million by 2023.
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Key players for Europe CBCT Dental Imaging market:
• Carestream Health (US)
• Dentsply Sirona (US)
• FONA Dental
• S.R.O. (Slovak Republic)
• Gendex (Danaher Corporation) (US)
• Imaging Sciences International, LLC. (Danaher Corporation) (US)
• J.MORITA MFG.CORP (Japan)
• KaVo Dental GmbH (Danaher Corporation) (Germany)
• NewTom (Italy)
• Planmeca OY (Finland)
Key Findings:
• France CBCT dental imaging market is expected to reach USD 4.5 million by 2023.
• Flat panel detector accounted for the largest market share in 2016, with a market value of USD 302.5 million by 2023.
• Orthodontics was the second-largest market by application and is expected to grow at a CAGR of 11.61% during 2017-2023.
Segments:
Europe CBCT Dental Imaging market has been segmented on the basis of type of detector which comprises of flat panel detector and image intensifier. Flat panel detector is sub-segmented into indirect conversion flat panel detectors and direct conversion flat panel detectors.
On the basis of application, it is segmented into dental implants, orthodontics, endodontics, and others. Dental Implants is sub-segmented into endosteal implants and subperiosteal implants.
On the basis of end user, this market is segmented into hospitals & dental clinics, academics and research institutes, and others.
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Regional analysis of Europe CBCT Dental Imaging market:
Considering the scenario of the market, in 2016, Germany accounted for the largest market in Europe CBCT dental imaging market. The highest number of CBCT machines are sold each year in Germany among other European countries. Innovation and technologically advanced product development is leading the market growth. Germany is expected to reach 93.8 million by 2023. Some other factors such as growing aging population, funding for research, and availability of advanced imaging products are driving the market growth.
Italy holds second position in Europe CBCT dental imaging market due to rapid adoption of advanced imaging devices and top class medical facilities. This market was valued around USD 29.0 million in 2016 and expected to continue its growth during the forecast period. Availability of advanced healthcare facilities, large amount of money invested for technology up gradation, and high awareness among the medical professional as well as people are spurring the market growth.
UK is expected to grow at fastest CAGR of 11.89% during 2017-2023. Some major factors are driving the market growth such as government support to encourage research and new product development, growing aging population, increasing cases of various dental problems, increasing number of people suffering from gum problems etc.
Rest of Europe is expected to grow slower than other European countries in this market and this lag can be attributed to slow adoption of advanced devices, low investment for research and technology up gradation, slow economic growth, traditional approach toward the healthcare etc.
The report for Europe CBCT Dental Imaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions
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We are thankful for the support and assistance from Europe CBCT Dental Imaging Market Research Report - Forecast till 2023 chain related technical experts and marketing experts during Research Team survey and interviews.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
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Email: akash.anand@marketresearchfuture.com
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