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(CityRegions.Com, June 06, 2018 ) The global dental digital X-ray systems market is expected to register a CAGR of 8% during the forecast period of 2018–2023. X-rays are becoming an important part of the dental care plan. These X-rays are commonly used for the diagnostics and also for preventive measures to aid oral problems. X-rays are a kind of radiation which are generally absorbed by tissues (denser tissues) and these rays pass through the soft tissues. As bones and teeth are the dense tissues, they absorb the rays and form an image.
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Key Developments in the Market
September 2017: Carestream Dental became an independent global company.
September 2017: Alpha Imaging acquired Medical Imaging Systems.
Major Players: SIRONA DENTAL SYSTEMS, INC., PLANMECA OY, DISC IMAGING, DANAHER CORPORATION, XZEAL TECHNOLOGIES, INC., CYBER MEDICAL IMAGING, INC., CARESTREAM HEALTH INC, VALTECH CO LTD., HERAEUS KULZER DENTAL LTD, and AIR TECHNIQUES, INC., among others.
Increasing Aging Population
According to the WHO, it is estimated that around 2 billion people across the globe are expected to be over 60 by 2050. Moreover, according to the United Nations, it was estimated that, in 2017, there were 962 million people over the age of 60 in the world, comprising of 13% of the total global population. The population aged 60 or above is growing at a rate of about 3% per year. Presently, Europe has the greatest percentage of population aged over 60 (around 25%). As the number of aged population is growing gradually, the health issues are also expected to grow, which include dental problems. Thus, the usage of dental X-rays are expected to increase and this factor is driving the dental digital X-ray systems market.
The other factors, such as advancements and innovations of digital radiography techniques, increase in dental clinics and dental disorders, and awareness programs on dental diseases and disorders are driving the dental digital X-ray systems market.
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High Cost of Dental Radiography Devices
Dentistry has seen remarkable advances in all its branches over the decades, especially in the dental imaging systems. However, along with the advancements the cost of the dental imaging is also increasing. As such the price of digital dental X-rays is higher than the normal dental X-rays. Various researchers have found that the main reason behind a dentist’s decision for not using digital radiography is because of its high cost. For example, cone beam radiology device cost is high, at around $100,000. So, this high cost is hindering the growth of dental digital X-ray systems market. The other factors, such as lack of reimbursements and complex regulations are also hindering the growth of the market.
United States Leads the Market in North America
The United States dental digital X-ray systems market held the largest market share, in 2017, in North America due to the presence of high-quality healthcare systems and modern medical technology in the country. Additionally, the growing aging population in this region is likely to contribute towards the growth of the dental digital X-ray systems market.
Table of Content
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
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