Dental X-Ray Market Trend of Companies, Product Specifications and Segmentation With Growth Rate Forecasts by 2028
The global dental x-ray market size reached USD 536.5 Million in 2020 and is expected to reach USD 2085.95 Million in 2028 and register a CAGR of 18.5% over the forecast period, according to latest analysis by Reports and Data. The dental x-ray market revenue growth is driven by several factors including growing incidence of various types of dental disorders, and increasing demand for accurately detecting dental abnormalities which are not visible during routine dental examination. Additionally, dental x-ray diagnostic tool is widely used in the evaluation of the amount of bone present, cavities calculus, alveolar crest, and other masses in dental examinations. Growing adoption of cosmetic dentistry globally, and rapid introduction of several innovative products in dental care are also contributing to the revenue growth of the global dental x-ray market.
Dental x-rays, also known as dental radiographs, are mainly performed for detecting the hidden dental structures, cavities, malignant or benign masses, and bone loss. These images are formed by a controlled bust of X-ray radiation that penetrates the oral structures at different levels. Moreover, these dental x-ray procedures are carried out for preventive as well as diagnostic purposes to detect common oral problems, and also infections associated with dental cavities. Dental x-rays testing is the preferred imaging modality among all the available techniques owing to several advantages offered by them. Nowadays, periodontal diseases are considered a public health concern, due to the steady rise in their prevalence among adolescents as well as adults. The several risk factors associated with this disorder include poor oral hygiene, stress, diabetes and smoking. Hence, growing number of cases with different types of oral diseases is expected to boost the market revenue growth over the forecast period.
Further key findings in the report
· Based on product, the digital segment held the largest revenue share in the global market in 2020, and it is further expected to register the highest revenue CAGR during the forecast period, owing to reduced time requirements for diagnosis. Moreover, the digital X-ray systems are also characterized by enhanced image quality, which is also contributing to the segment revenue growth.
· Based on application, the medical segment accounted for the largest revenue share in the market in 2020. The large revenue growth of this segment is resultant of the growing number of dental diseases worldwide, and rising adoption of dental x-ray procedures for the examination of dental problems.
· North America market dominated other regional markets in terms of revenue share in the global market in 2020, due to the presence of well-established healthcare infrastructure, and increasing healthcare spending in various developed countries, like the U.S. Additionally, favorable healthcare reimbursements, and rising government initiatives are further boosting the revenue growth of this regional market.
Top Companies Profiled in the Report Include:
Dentsply Sirona Inc.; Planmeca OY; Carestream Dental, LLC; Danaher; LED Medical Diagnostics, Inc.; Cefla S.C.; Vatech Co., Ltd.; Yoshida Dental Mfg. Co. Ltd.
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The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
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The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, R&D activities, and government and corporate deals, among others through extensive primary and secondary research. The report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans.
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Additionally, the report consists a detailed analysis of the segmentation of the Dental X-Ray market based on product types and end-use/application offered in the Dental X-Ray market.
Product Outlook (Revenue, USD Million, 2018 - 2028)
Type Outlook (Revenue, USD Million, 2018 - 2028)
Application Outlook (Revenue, USD Million, 2018 - 2028)
The report offers a comprehensive overview of the regional bifurcation of the market with respect to market share, market size, revenue growth, import/export, production and consumption patterns, macro and micro economic growth factors, regulatory framework, investment and funding opportunities, and presence of key players in each region including North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. The report offers a country-wise analysis to further discuss the revenue growth and lucrative growth opportunities for the Dental X-Ray market in these key regions.
Country-wise regional analysis covers:
· North America
· Asia Pacific
· Latin America
· Middle East & Africa
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jay sharma · Dental X-Ray Market Key Players Profile and Industry Analysis by 2028 · The global dental x-ray market size reached USD 536.5 Million in 2020 and is expected to reach USD 2085.95 Million in 2028 and register a CAGR of 18.5% over the forecast period, · according to latest analysi ...
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