Major factors driving growth of this market include technological advancements such as CBCT, increasing aging populations leading to growth in oral diseases, rising oral care awareness and increasing disposable income in emerging economies, growth impetus of cosmetic dentistry, and shift towards digital dental imaging systems. However, high cost of instruments, lack of reimbursement especially in emerging economies, and lack of dental laboratory technicians are expected to restrain the growth of this market.
The global dental imaging market is expected to reach $2,686.5 million by 2019 from $1,691.1 million in 2014, growing at a CAGR of 9.7% from 2014 to 2019.
The market by method is bifurcated into extraoral imaging and intraoral imaging. The extraoral imaging market is poised to witness the highest growth in the market,owing to the larger application areas of high end dental imaging systems. The market, by end user is divided into into dental clinics, dental laboratories, dental academic and research institutes, and forensic laboratories.
The dental imaging market, by application is segmented into diagnostic applications, therapeutic applications, cosmetics applications and forensic applications. The cosmetic applications segment is expected to grow at the highest CAGR from 2014 to 2019,owing to increasing demand of dental implants and orthodontics in developed nations as well as in emerging economies.
North America dominates the dental imaging market with the U.S. accounting for a major market share. However, Asia-Pacific is poised to grow at the highest CAGR during the forecast period owing to rising awareness about oral health care, increasing disposable income in this region, and rising focus of prominent players on the APAC market increasing product availability.
Key Players
Prominent players in the dental imaging market are Danaher Corporation (U.S.), Carestream Health Inc.(Canada), Sirona Denal Systems, Inc. (U.S.), Planmeca Oy(Finland), Dentsply International, Inc. (U.S.) Midmark Corporation (U.S.), LED Medical Diagnostic, Inc. (U.S.), Vatech Co. Ltd. (Republic of Korea), The Yoshida Dental Mfg. Co., Ltd. (Japan) and Flow Dental Corporation (U.S.)
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