Industry Trend Analysis
The global cone beam tomography market is expected to witness high growth during forecast period. It is expected to be around $1 billion by 2025. Increasing geriatric population and increasing occurrences of dental diseases are the major factors contributing to the market growth. Growth of pharmaceutical industries is another major factor for the market growth. However, high cost of technology directly impacting its adoption, non-reimbursement for dental care and inflexible regulations are some of the factors that can hamper the growth of the market. Venture partnerships to support privatization of hospitals by offering funds and stake acquisition will further boost the market growth. However,high taxes on such devices and high cost of such advanced products can lead to steady growth of market.
Product Outlook and Trend Analysis
Dental implantsmarket accounted for the largest share of the global market in 2016, due to a wide range of applications of CBCT in dental imaging procedures for generating 3D images. Moreover, several benefits offered by CBCT technology such as low radiation dose, high resolution, increased accuracy, and reduced scan time are set to further increase the adoption rate of this technology in dental implant procedures.
Regional Outlook and Trend Analysis
North America held the major share of the global CBCT market in 2016 and will continue to maintain its leading position during the forecast period. This is attributed to rising prevalence of dental disorders, growing elderly population, presence of well-established healthcare infrastructure, high adoption of advanced products, and increased focus on aesthetic looks. Asia-Pacific is projected to be the fastest growing region during the forecast period, due to high patient population and increasing disposable income of people.
The majority of the players are focusing on expanding their product portfolio and geographical reach to grab bigger market shares in near future.Key players operating in this market are Carestream Health, Sirona Dental Systems, VATECH Global Co. Ltd., Danaher Corporation, Cefla Group, QR s.r.l., Planmeca OY, and Prexion, Inc.
The market has witnessed rapid increase in demand for CBCT technology owing to easy availability of technologically advanced computers supplied with CBCT systems. CBCT system have witness high adoption rate by several dental imaging specialist to identify problem with sheer certainty. Therefore, reliability and accuracy of CBCT technology is expected to drive the global market in coming years.
Cone Beam Computed Tomography Market is Segmentation as follows –
General Dental Surgery
Rest of Europe
Rest of Asia-Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2016 and forecast from 2017 to 2025?
What will be the industry market growth from 2017 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?