Global Dental Radiography Market: An Emerging Market for Oral Health Solutions
As the research in the area of oral health is advancing, various health issues related to oral health is coming to the forefront. Research has shown that maintaining good oral hygiene and keeping a healthy mouth is directly related to preventing the development of many diseases and maintaining overall health.
Often, symptoms for various diseases can be first noticed in the mouth. For eg, bleeding gums are one of the first symptoms of blood-related disorders.
Owing to the increasing cases of oral cancer and various oral disorders, along with the technological advancements in dental radiography procedures, the global dental radiography market is growing significantly.
According to the BIS research market report, the global dental radiography market was valued at $2.33 billion in 2021 and is projected to reach $3.91billion by the end of 2031, growing at a CAGR of 5.17% during the forecast period 2022–2031.
What Is Dental Radiography?
Dental radiography is the basic diagnostic tool for all oral diseases. The basic procedure involves dental imaging through the exposure of low-level radiations. With the advancing technology, newly launched products enable dentists to carry out all the basic clinical functions as well as advanced surgical applications.
Radiographic imaging is essential to analyse tooth decay, development of oral abnormalities, structural changes in mandible or maxilla, surrounding soft tissues etc. Hence, the improvement in technology drives the global market for dental radiography.
Global Dental Radiography Market: Current and Future Scenarios
According to the BIS Research market report, due to the covid 19 pandemic, the market declined in 2020. The market was mainly impacted due to halting and postponing elective procedures, including dental procedures. But the market started recovering in 2021 and is projected to grow significantly for the next few years.
Some of the major market drivers are mentioned below-
· Growing concerns over oral disorders
· Technological improvement in dental treatment
· Innovation in equipment and newly launched products
· Favourable reimbursement for treatment in developed countries
· Increasing investment in startups in the field of dental radiography are driving the market growth.
· The high demand for dental prosthetics
· The increasing popularity of dental implants
· A rise in the number of edentulous people globally
Currently, dental imaging equipment is integrating novel algorithms based on artificial intelligence and machine learning to enhance the interpretation of radiographic images. Moreover, for the convenience of operators handling equipment, a fusion of modalities to produce panoramic views and cephalometric views within cone-beam computed tomography equipment has been made possible.
The global dental radiography market poses few challenges due to the high intensity ionizing radiations associated with dental cone beam computed tomography systems, and the high cost of dental equipment. However, the rising amount of investment in companies capable of manufacturing products that minimize radiation exposure has been observed in the dental radiography ecosystem to counter these challenges.
Moving forward, implantology is projected to be the leading segment of the global dental radiography market. The share of the implantology segment was estimated at 34.70% of the global market revenue in 2021.
However, the application of dental radiography for orthodontic procedures is anticipated to witness the highest growth rate of 5.51% in the forecast period, considering the growing need for pre-operative imaging for patients incurring traumatic facial injuries.
Fastest Growing Region of the Global Dental Radiography Market
According to the BIS research market report, currently, North America is the largest market shareholder in terms of revenue generation. It was valued at $677.2 million in 2021 and is anticipated to reach $1.05 billion by 2031, witnessing a CAGR of 4.39% in the forecast period 2022–2031.
An increase in routine dental checkups, the rising prevalence of periodontal diseases, and favourable reimbursement scenarios are the prominent factors contributing to the growth of the North American dental radiography market.
However, Asia-Pacific is anticipated to witness the highest growth rate of 5.98% in the forecast period. The large burden of dental disorders, large geriatric population base, increasing awareness of oral health, and improving healthcare infrastructure, are the leading contributors to the growth of the Asia-Pacific dental radiography market.
The improving technology, rising awareness, and increasing demand are projecting the signs of significant market growth to the researchers. Trends in the global dental radiography market are pointing to several growth factors along with the challenges that are restraining the market. Yet, some key market players like Carestream Dental LLC, Midmark Corporation, Acteon Group, Dentsply Sirona, Inc., Envista Holdings Corporation, among others are working towards overcoming the challenges and moving forward with innovation.
Interested to know more about the growing technologies in your industry vertical? Get the latest market studies and insights from BIS Research. Connect with us at email@example.com to learn and understand more.