Global Dental X-Ray Market is anticipated to reach USD 2.4 Billion By 2024. Dental X-Ray refers to a type of electromagnetic radiation that is used for recognition and imaging of any dental issue. The factors that propel the growth of the Dental X-Ray Market include growing aged population, technical advancements, reduction in the diagnosis time, enhancement of the image quality. Also, growing acceptance of cone-beam computed tomography (CBCT), rise in the incidence rate of the dental disorders, and rising demand for the cosmetic dentistry might contribute greatly to the market growth.
On the other hand, there are factors that may hamper the growth of the market including lack of reimbursement, lack of dental specialists in the laboratory, and high price of the equipment. Dental X-Ray industry is anticipated to grow at a significant CAGR of 8.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Dental X-Ray Market may be explored by product type, type, application, end user, and geography. The market may be explored by product type as Analog X-Ray Systems and Digital X-Ray Systems. The “Digital X-Ray Systems” segment led the market of Dental X-Ray in 2017 and is anticipated to maintain its dominance by 2024. The key factor attributing to the growth of market could include increasing use of digital technology that requires no films or chemicals.
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Based on type, the market may be classified as Extraoral X-Ray Systems; which may further comprise Cone-Beam Computed Tomography (CBCT) Systems and Panoramic/Cephalometric Systems, Hybrid X-Ray Systems, and Intraoral X-Ray Systems; which may further be classified as Photo-Stimulable Phosphor (PSP) Systems and Digital Sensors. The “Extraoral X-Ray Systems” segment led the market of Dental X-Ray in 2016 and is anticipated to maintain its dominance by 2024. The key factor that may attributed to the growth of market includes increasing applications in the diagnostic and therapeutic procedures for oral conditions.
The key applications that could be explored in the Dental X-Ray industry include Forensic, Cosmetic and Medical. The “Medical” segment led the market Dental X-Ray in 2016 and is anticipated to maintain its dominance by 2024. The key factor that may attributed to the growth of market includes high applicability in gum, oral and tooth-related disease treatment and diagnostics.
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The market of Dental X-Ray could be explored based on end user as Forensic Laboratories, Dental Academic & Research Institutes and Dental Hospitals & Clinics. The “Dental Hospitals & Clinics” segment led the Dental X-Ray industry in 2016 and is anticipated to maintain its dominance by 2024.
North America accounted for the major share of the Dental X-Ray Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include technological advancements and increasing occurrence of dental disorders among young adults and children. North America is likely to be followed by the Asia-Pacific region owing to rise in the healthcare spending in emerging economies such as China& India and growing aged population.
Some of the key players that fuel the growth of the Dental X-Ray industry comprise Carestream Health, DEXIS LLC., SUNI, THE YOSHIDA DENTAL MFG. CO. LTD, LED Dental, Dentsply Sirona, PLANMECA OY, SOREDEX, AIR TECHNIQUES and CEFLA S.C. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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