Dental radiography or imaging is a common diagnostic method for dental masses, hidden structures, cavities and bone loss. Dental imaging, commonly known as x-rays are regularly used at dental laboratories and clinics for the prevention, diagnosis and treatment of dental health diseases. Growing awareness towards dental health and advancing imaging technologies are creating potential business opportunities in the dental imaging market. According to the researchers, the global industry is expected to witness growth at a steady rate. Strong demand from the emerging economies is expected to be the highlight for the growth of this market. Developing regions like Asia Pacific and Middle East are poised to witness impressive growth in this market during the next few years to come.
Segmentation in Dental Radiography Market
Researchers segment the dental imaging market on the basis of the types of technologies, which include dental CBCT, x-ray systems, dental optical imaging and intraoral cameras. Based on the types of methods, researchers segment this market into intraoral imaging and extraoral imaging. Based on the types of applications, researchers segment this market into therapeutic, diagnostic, cosmetic, and forensic applications. Major end-users in this market include dental clinics and laboratories, forensic laboratories, and dental academic and research institutes. Based on the geographic regions, researchers segment this market into North America, Asia Pacific, Europe and rest of the world. The rest of the world region includes analysis of Middle East, Africa and Latin America.
Market Drivers, Restraints and Growth Prospects
According to the researchers, the dental imaging market is mainly driven by four vital driving factors. One of these driving factors includes rapid technological advancements in this market. Apart from that invention of digital dental radiography systems and growth in cosmetic dentistry are also expected to create potential traction for this market. Strong growth in the emerging economies, growing awareness towards dental health and rise in aging population are also some of the vital driving factors for the dental x-ray technologies market. According to the experts, major restraining factors for the market include lack of trained technicians, lack of reimbursement radiography systems and high costs. Storage problems for the image data and competition for small players are also expected to create potential challenges in this market.
According to the latest reports, the dental imaging market is expected to witness growth at a steady CAGR of 9.7% from 2014. At the estimated growth rate, the market is poised to reach past $2,686.5 million by the end of the year 2019. In 2014, the market was estimated to be worth $1,691.1 million. The cosmetic applications are expected to witness impressive growth in demand. In terms of geographic regions, North America is set to dominate the global market. However, Asia Pacific region is poised to witness growth at the highest CAGR.