The Dental X-Ray Equipment Market Share, Market Size, And Growth Rate 2022
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The dental X-ray equipment market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 15%, as per The Business Research Company’s market report!
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The Dental X-Ray Equipment Market Size In 2022 And Forecast
The global dental X-ray equipment market is expected to grow from $1.91 billion in 2021 to $2.20 billion in 2022 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The dental X-ray equipment market is expected to grow to $3.90 billion in 2026 at a CAGR of 15.4%.
The dental X-ray equipment market consists of sales of dental X-ray equipment and related services by entities (organizations, sole traders, and partnerships) that manufacture dental X-ray equipment. The dental X-ray or radiograph equipment is used to evaluate oral health.
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Increase In Cases Of Oral Disorders Is Driving The Growth Of The Dental X-Ray Equipment Market
According to the World Health Organization’s statistics published in March 2020, more than 530 million children suffer from dental caries of primary teeth and approximately 3.5 billion people are affected by oral diseases. Moreover, oral cancer is the third most common type of cancer in the Asia Pacific. Thus, a growing number of dental disorders are fueling the demand for dental imaging systems including dental X-rays for diagnosis and treatment for dental disorders.
Competitive Landscape And The Regional Analysis Of The Dental X-Ray Equipment Market
Major players in the dental X-ray equipment market are Danaher Corporation, Cefla S.C., Fujifilm, Bio-Medicare, Panoramic Corporation, Midmark Corporation, Air Techniques Inc., The Yoshida Dental Mfg. Co. Ltd., LED Medical Diagnostics Inc., and Vatech Co. Ltd.
Additionally, as per TBRC’s research – Asia Pacific was the largest region in the dental X-ray equipment market in 2021 holding the largest market share.
The Dental X-Ray Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the dental X-ray equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the dental X-ray equipment market.
Launching Handheld And Portable X-Ray Systems – A Key Trend In The Dental X-Ray Equipment Market
The companies operating in the industry are majorly focusing on developing advanced equipment to meet the healthcare professional requirements.
Dental X-Ray Equipment Market Segmentation By The Business Research Company
1) By Type: Extraoral X-Ray Systems, Intraoral X-Ray Systems, Hybrid X-Ray Systems
2) By Technology: Digital, Analog
3) By Application: Cosmetics, Medical, Forensics
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