Future Market Insights' market study weighs dental x-ray systems against CBCT
Increasing incidences of acute diseases such as cancer have created a robust demand for early detection, effective diagnostics and successful treatment to increase the chances of survival.
As a result of this, and thanks to the reduction in radiation dosage received by patients from the latest technology, the market has seen a rapid rise in the market value of dental X-ray systems.
A recent study by Future Market Insights also recognises that a rising geriatric population and their edentulous issues has opened lucrative opportunities within the dental x-ray systems market.
Healthcare facilities utilised by the elderly are subsidised by the government, which in turn, has boosted the use of dental x-ray systems. The report opines that the global dental x-ray systems market will increase at a striking compound annual growth rate (CAGR) of over 6% by the end of 2026.
As a result of the increasing comfort provided by portable intraoral x-ray systems, the traditional floor mounted dental x-ray system is gradually becoming obsolete.
When weighted purely on the basis of cost, dental x-ray systems provide far better affordability when compared to cone-beam computed tomography (CBCT) which is why the sales prospects for the former are considered better.
Challenges pertaining to the dental x-ray systems market
The report predicts that a notable reduction in the primary healthcare facilities for many diseases – including oral health – will adversely affect capacity and resources.
For example, in the US newly formed legislation will enforce reduced reimbursement regulations on the MPFS (Medicare Physician FEE Schedule) and HOPPS (Hospital Outpatient Prospective Payment System), which is expected to cause a drop in the growth of the dental X-ray systems market.
However, innovations and advances brought about in the medical imaging arena – and especially dental x-ray systems – have intensified the growth prospects for the dental x-ray systems marketplace.
Overall progress made by the healthcare industry has seen a consistent need for the precise diagnosis of a broad gamut of oral and facial diseases, which has been fulfilled by dental x-ray systems. Given the multiple applications of these systems, the global market is projected to grow exponentially.
The study provides a detailed analysis of several factors affecting market growth. The key geographical areas assessed in this study include China, APEC, Europe, Latin America, North America, and the Middle East and Africa (MEA).
Due to its market size North America currently leads the dental x-ray systems market, which the report attributes to the advanced healthcare facilities and excellent spending capacity.
Following in the footsteps of North America, Europe is the second most dominant region influencing the growth of the market. In addition Asia Pacific is forecast to contribute to market expansion during 2018 - 2026.
The report also includes a comprehensive analysis of companies considered to be producing the most innovative solutions in the market. The leading players are listed as:
FONA, J. MORITA CORP., Danaher Corporation, PLANMECA OY, Prexion Corporation, Carestream Dental, LLC, Owandy Radiology, Vatech Co. Ltd., The Yoshida Dental Mfg. Co. Ltd., Dentsply Sirona, LED Medical Diagnostics Inc., Cefla S.C., and Air Techniques, Inc., among others.
This article is based on a report on the global dental x-ray systems market, produced by Future Market Insights. For more information click HERE.