Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Dental Imaging Equipment Market – Insights
Dental imaging is a technology used to visualize hidden dental structures, benign or malignant masses, cavities, bone masses, and other damages that cannot be viewed through normal check-ups. Some of the equipment used in dental imaging include, intraoral X-ray systems, intraoral plate scanner, intraoral sensors, intraoral phosphor, storage plates, extraoral X-ray systems, panoramic X-rays systems, cephalometric projections systems, cone-beam computed tomography (CBCT) imaging, and intraoral cameras.
There are two main types of dental X-rays: intraoral and extraoral. In intraoral, the X-ray film is inside the mouth and in extraoral it is outside the mouth. Intraoral X-rays are the most common type of X-ray. Intraoral X-rays systems allows dentists to observe roots of the teeth, check the condition of the bony region surrounding the tooth, monitor the condition of developing teeth, and detect cavities.
The global dental imaging equipment market is estimated to account for US$ 4,524.3 Mn in terms of value by the end of 2027.
Global Dental Imaging Equipment Market: Drivers
Increasing prevalence of oral diseases is expected to propel growth of the global dental imaging equipment market over the forecast period. For instance, according to a revised report by National Center for Health Statistics in July 2018, prevalence of total caries (untreated and treated) was 45.8% and untreated caries was 13.0% among youth aged 2–19 years in the U.S. during 2015–2016.
Moreover, increasing number of dental visits is also expected to boost growth of the market. For instance, according to National Center for Health Statistics’ 2018 report, 84.9% of children aged 2-17 years visited a dentist in 2017, in the U.S.
North America region held dominant position in the global dental imaging equipment market in 2019, accounting for 40.4% share in terms of value, followed by Europe.
Figure 1. Global Dental Imaging Equipment Market Share (%), by Region, 2019
Global Dental Imaging Equipment Market: Restraints
High cost of dental imaging equipment for initial set-up is expected to hinder growth of the market. Wired devices, which exclude software, computers, and additional hardware, are estimated to be valued around US$ 11,000 to US$ 15,000. Moreover, some equipment such phosphor storage plates are prone to damage and require regular replacement. This in turn increases cost.
Moreover, low life span of accessories used is also expected to hinder growth of the market. For instance, average cost of a wired sensor is US$ 8,000. The wires are usually delicate and require regular repair or replacement.
Global Dental Imaging Equipment Market: Opportunities
Adoption of optical imaging technique instead of conventional anatomical imaging methods such as, with visual observation, dental radiography, and X-ray computed tomography (CT) is expected to offer lucrative growth opportunities for players in the global dental imaging equipment market. Mesoscopic fluorescence molecular tomography (MFMT) is an emerging optical imaging technique that can be used to retrieve molecular contrast in dental samples. MFMT can retrieve molecular contrast in 3D in highly scattering tissues.
Moreover, generative noise reduction in CBCT is also expected to boost growth of the market. For instance, in November 2019, researchers from Southern Taiwan University of Science and Technology reported development of a selective anatomy analytic iteration reconstruction algorithm to reduce generative noise in CBCT.
Intraoral Plate Scanner segment in the global dental imaging equipment market was valued at US$ 162.0 Mn in 2019 and is expected to reach US$ 215.6 Mn by 2027 at a CAGR of 5.7% during the forecast period.
Market Trends/Key Takeaways
The market is witnessing integration of dental imaging and cloud-based AI solutions. For instance, in September 2019, Apteryx Imaging Inc. partnered with 4th-IR AG to co-develop a suite of cloud-based AI solutions.
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in August 2019, Royal Philips completed acquisition of Carestream Health’s imaging IT business in 26 of the 38 countries in which it operates.
- The FDA and the American Dental Association (ADA) recommend dental X-ray inspections including dental CBCT, only when diagnosis or treatment of a disease is necessary
- Manufacturers of dental CBCT devicesin the U.S. are controlled by the FDA through the Electronic Product Radiation Control (EPRC) and the Federal Food, Drug, and Cosmetic Act
Value Chain Analysis
Global Dental Imaging Equipment Market: Competitive Landscape
Major players operating in the global dental imaging equipment market include, Danaher Corporation, Planmeca Oy, Carestream Health Inc., Dentsply Sirona, VATECH Co. Ltd., Acteon Group, KaVo, CALCIVIS, Envista, and Carestream Dental.
Global Dental Imaging Equipment Market: Key Developments
Major players in the market are focused on product development and launch to expand their product portfolio. For instance, in September 2019, Planmeca USA launched a new CBCT imaging unit – the Planmeca Viso G5 at the ADA FDI 2019 World Dental Congress in San Francisco.
In May 2019, KaVo introduced the new KaVo OP3D, a low-dose, upgradeable imaging device for any practice.