Vantage Market Research
May 28, 2022
From the period of 2022 to 2028, the Global Dental Imaging Market is expected to reach USD 4.51 Billion in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 8.70%.
Dental Imaging is the process of creating high-resolution images to diagnose dental issues. Dental Imaging technology aids dentists in the diagnosis of dental disorders by delivering actual and visible images of dental issues such as concealed dental structure, cavities, bone loss, and oral malignant melanoma. Image sensor technologies such as Cone Beam Computed Tomography (CBCT), panoramic, cephalometric, and intra-oral Dental Imaging are used to create radiographs. Some of the major drivers for the Global Dental Imaging Market includes technological advancements in Dental Imaging methodologies, rising demand for imaging modalities in oral disease treatments, rising prevalence of dental diseases, growing elderly population, increasing need for efficiency and effectiveness in medical procedures, and increased research activities in the imaging technologies field. Dental Imaging equipment's high initial cost is expected to hamper market growth. Wired gadgets are expected to be worth between $11,000 and $15,000. This excludes software, computers, and other hardware. Furthermore, some equipment, such as phosphor storage plates, is prone to damage and requires constant replacement. As a result, the price increases. Some dentists, especially those from prior generations, take longer to incorporate new technology into their offices. Many investors will not consider investing until comprehensive scientific investigation and strong evidence of the safety of radiation-generating technology have been provided. This slows the adoption of high-tech devices significantly, but as evidence becomes clearer, resistance will fade, resulting in better penetration rates in the long run.
Key Highlights from the Report
- Extraoral Imaging Systems and Intraoral Imaging Systems are the two product segments in the market. Intraoral Imaging Systems topped the market in 2020. In terms of technology, the intraoral camera industry is predicted to have a large market share. Plaque accumulation, dental cavities, gum diseases, chipped or fractured teeth, broken dental fillings, and other oral illnesses can all be evaluated and diagnosed with the intraoral camera. Two major factors driving the segment's growth are the increased prevalence of dental diseases and the increasing number of product launches.
- The market is divided into End User Dental Hospitals & Clinics, Dental Diagnostic Centers, and Dental Academic & Research Institutes based on End Users. Dental hospitals and clinics now lead the global market for Dental Imaging, and this position is expected to hold throughout the projected period. Dental hospitals and clinics are predicted to grow at the fastest rate during the projection period. The rising cost of advanced Dental Imaging technology, increased patient awareness, and the growing demand for quick and precise patient diagnosis and treatment planning are all contributing to the rapid growth of this end-user market.
- is the fastest regional segment in terms of growth. This is attributable to increased public awareness of various dental diseases and treatments, rising disposable income, and the region's developing health-care infrastructure. Furthermore, rising populations and economies in developing countries like India and China are likely to boost the Asian Dental Imaging Market.
Market Dynamics:
Tooth Decay has Increased in the Population
Dental caries, also known as tooth decay or periodontal disease, is the most common chronic disease in the world and a major worldwide public health concern, although it affects people of all ages and stages of life. In most industrialized countries, dental caries is still a major oral health concern that affects the majority of children and adults. Due to the influence of various social determinants of health and restricted timely access to care, Indigenous groups in several countries, including Australia, Canada, the United States, New Zealand, and Brazil, have lower oral health outcomes and self-reported oral health issues.
Technological and Digital Advancements
Digital X-rays, both intraoral and extraoral, are fast gaining market share and replacing analogue systems. When it comes to running X-ray systems, digital technology offers dental practitioners significant technological and operational benefits. Dentists can quickly upload and alter X-ray pictures using imaging software thanks to digital technology. This enables dentists to examine enhanced X-ray images and make more precise diagnoses. Similarly, dentists are able to save more time between patients, resulting in higher patient turnover. Furthermore, switching to digital technology reduces the quantity of radiation that patients are exposed to.
With a market share of 37.20 percent in 2021, North America is expected to gain the most market share. The rising frequency of dental diseases, the increasing number of product launches and strategic efforts made by market participants, and the growing emphasis on research and development are all contributing to the market's growth. According to the American Dental Association 2020, nearly 3 million Americans aged 65 to 74 have lost all of their teeth. Tooth loss, on the other hand, is mostly a worry for the elderly. This is because dental caries affects 91 percent of people aged 20 to 64, with 27 percent of them going untreated. Tooth decay is another prevalent cause of tooth loss in many individuals.