Growing Digitalization across the Globe to Foster the Growth of Dental Digital X-Ray Equipment Market in Future
Research Nester published a report titled “Dental Digital X-ray Equipment Market: Global Supply & Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global dental digital X-ray equipment market in terms of market segmentation by product, type, application, end-user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global dental digital X-ray equipment market is anticipated to grow with a CAGR of ~8% during the forecast period, i.e., 2022-2031. The market is segmented by end-user into dental hospitals & clinics, dental academic & research institutions, and forensic laboratories. Out of these, the hospitals & clinics segment is anticipated to garner the largest revenue by the end of 2031, owing to an increase in the number of dental hospitals and a rise in the frequency of dental visits by the population.
The rise in oral diseases such as cavities, gingivitis, periodontitis, herpes, and oral cancer are some of the major growth factors that are anticipated to drive the growth of the global dental digital X-ray equipment market during the forecast period.
Geographically, the global dental digital X-ray equipment market is segmented into five regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest share by the end of 2031. The increase in professionally active dentists, high health expenditure, followed by rising awareness about oral health in the region, are some of the major factors that are expected to drive the market growth.
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Growing Awareness about Oral Health to Drive the Market Growth
The rising oral health awareness among the population as a result of the growing oral disorders such as oral cancer is expected to drive the market growth. As per data published by the World Cancer Research Fund International, there were 377,700 oral cancer cases worldwide in 2020. Also, the aging population, which is more susceptible to poor oral health conditions such as dental caries, periodontal disease, tooth loss, and dry mouth, is an anticipated factor for the growth of the global dental digital X-ray equipment market.
Additionally, the rise in oral illnesses has propelled regular dental checkups, which is expected to fuel the market growth. Through a recent study by the Centers for Disease Control and Prevention, it has been revealed that approximately 63% of adults aged 18 and above had a dental visit in 2020. Furthermore, around 85% of children aged 2–17 years had a dental visit in the same year. The increased frequency of dental visits has also increased the demand for dentists worldwide, which will increase the demand for dental digital X-ray equipment. The data released by the American Dental Association stated that there were 201,117 practicing dentists in the United States in 2020.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
However, the increased cost of the dental digital x-ray equipment and people’s dental care negligence are expected to operate as key restraints to the growth of the global dental digital X-ray equipment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the dental digital X-ray equipment market which includes company profiling of Siemens Healthineers, Koninklijke Philips N.V., Carestream Dental LLC, Dentsply Sirona Inc., Vatech Co., Ltd, The Yoshida Dental Mfg. Co., Ltd, The General Electric Company, Danaher Corporation, Planmeca Group and Canon Medical Systems Corporation.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dental digital x-ray equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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