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New Trends of Dental Radiology Equipment Market with Worldwide Industry Analysis to 2021
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The market for dental X-rays will be driven by the increasing demand for advanced technologies such as Cone Beam CT, which provides a very accurate imaging and changing trend to digital from analog intraoral film. Advanced 2D and 3D imaging has become crucial to the growth of 3D printing and CAD/CAM of prosthetics and implants which is a significant technological growth driver. The United States dental radiology market is expected to account for the largest share of approximately 41% of the global market. Governmental initiatives and the relaxation of certain regulatory hurdles since 2010 are proving to be a benefit for the growth of the market. The U.S. FDA in 2010 issued reduction in the premarket notification requirements for some radiology products which is currently a major legal macroeconomic driver.
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Dentistry as a specialty is a major driver for the industry as the number of students choosing dentistry as a specialty are forced to be decreased over the world. In 2013, separate reports by Health Education England and the Centre for Workforce Intelligence warned of a significant potential oversupply of practitioners by 2040 if the current number of dental school places is maintained. The British Dental Association (BDA) has warned dental schools to reduce student intakes by 10 per cent from September 2014 onwards. Danaher, Planmeca, Sirona Dental Systems, and Carestream Health/Kodak Health Group are some of the market leaders in this segment. In terms of key players, the market is highly fragmented with over 40-50 global players, yet around 70% of the market is held by top 5 players in the world.
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