How Will The Cone Beam Computed Tomography Market Globally Expand In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s cone beam computed tomography market report forecasts the cone beam computed tomography market size to grow to $1.88 Billion by 2027, with a CAGR (compound annual growth rate) of more than 11%.
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Cone Beam Computed Tomography Market Size Forecast
The global cone beam computed tomography market is expected to grow from $1.07 billion in 2022 to $1.21 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. 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, causing inflation across goods and services and affecting many markets across the globe. The global cone beam computed tomography market size is expected to reach $1.88 billion in 2027 at a CAGR of 11.6%.
North America held the largest cone beam computed tomography market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Cone Beam Computed Tomography Market Driver – Increase In Cases Of Dental Disorders
According to a data provided by the World Health Organisation (WHO), a Switzerland-based health organisation, oral disorders afflicted about 3.5 billion people worldwide in March 2023. Around 10% of people globally have severe periodontal gum disease, which can lead to tooth loss. Furthermore, 2.3 billion people worldwide have dental caries in their permanent teeth, with 520 million youngsters suffering from primary tooth decay. As a result, the growing prevalence of oral problems is propelling the cone-beam computed tomography market forward.
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Key Cone Beam Computed Tomography Market Trend – Product Innovations
Major players in the cone-beam computed tomography market are focusing on product innovation to boost observation power and maintain their market position. PreXion Inc., a US-based medical equipment manufacturer, for example, announced PreXion 3D Explorer PRO in May 2021, a new version of the first 3D CBCT imaging equipment with an integrated cephalometric X-ray. This model includes a built-in cephalometric X-ray arm. PreXion 3D Explorer PRO, a high-resolution cone-beam computed tomography (CBCT) scanner, is used for dental and maxillofacial imaging. It employs cutting-edge 3D imaging technology to generate exceptionally accurate and detailed pictures of the teeth, jaws, and facial features, allowing for more accurate diagnosis and treatment planning. Key distinguishing characteristics also include an amazing built-in ceph arm design that frees up almost two feet of space. Scan times of 20 seconds or fewer are available for low dosage, HD, and endo CT modes, as well as 14-second pano and 16-second ceph scan timings.
Cone Beam Computed Tomography Market Segment
1) By Patient Position: Standing, Seated, Supine
2) By Application: Dental Implantology, Oral And Maxillofacial Surgery, Orthodontics, Endodontics, General Dentistry, Temporomandibular Joint (TMJ) Disorders, Periodontics, Forensic Dentistry, Other Applications
3) By End User: Hospitals, Dental Clinics, Other End-Users
Cone Beam Computed Tomography Market Major Players and Strategies
Major players in the cone beam computed tomography market are Dentsply Sirona Inc., Planmeca Group, Vatech Co. Ltd., Asahi Roentgen Industry Co Ltd., Brainlab AG, CurveBeam AI, J. Morita Corporation, NewTom, PreXion Inc., Canon Medical Systems Corporation, Fussen Group, Gendex Dental systems, Genoray Co. Ltd., Idetec Medical Imaging, and Instrumentarium Dental Inc.
Envista Holdings Corporation, a US-based manufacturer of dental equipment and supplies, bought Carestream Dental’s intraoral scanner business in April 2022 for an unknown sum. Envista Holdings Corporation intends to use this acquisition to expand its line of outstanding intraoral scanners and software, focus on the dental market’s fastest-growing categories, and offer unique solutions through digitising dentistry workflows. Carestream Dental is a medical equipment manufacturer based in the United States that specialises in CBCT (cone beam computed tomography) systems and dental imaging systems.
The Cone Beam Computed Tomography Global Market Report 2023 covers regional data on cone beam computed tomography market size, cone beam computed tomography market trends and drivers, opportunities, strategies, and cone beam computed tomography market competitor analysis. The countries covered in the cone beam computed tomography market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Cone beam computed tomography (CBCT) is a technology that revolves a cone-shaped tomographic imaging beam around a patient’s head to obtain concentrated images of a particular area of the body, such as dental scans. It is used to design orthodontic and dental implant treatments.
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