Dental Radiology Imaging Devices Market Size

Dental Radiology Imaging Devices Market Growth Projections and Opportunities

Over the past two centuries, the field of dentistry has undergone significant advancements and occasional setbacks on a global scale. Despite these changes, the primary objective of the profession has consistently been to meet the treatment needs of patients. Dental technology plays a pivotal role in achieving excellence in patient care, transforming the role of today's dental specialists into not only practitioners but also gatekeepers of new product information, advisors on restorative materials, advocates for emerging technologies, and educators for enhanced chair-side techniques. The dental industry faces ongoing challenges that reshape the dental profession. In an environment where a smaller percentage of educated and experienced dentists must cater to a growing population, new technologies have emerged to boost production levels and engage a global dental technology workforce. Dental laboratories grapple with issues such as productivity, profitability, competition, adoption of new technologies, expanding markets, and offshore competition. Nevertheless, it is noted that the dental profession has confronted and addressed many of these challenges in recent years. The global dental radiology and dental imaging devices market is categorized based on method, devices, application, imaging types, and end-user. Projections suggest that the market is poised to reach $6,503.0 million by 2023 from $3,997.2 million in 2016, experiencing a CAGR of 7.2% during the forecast period from 2017 to 2023. The method segment includes intraoral, extraoral, and other methods. Intraoral imaging is anticipated to command the largest market share, reaching $3,128.7 million in 2023 from $1,876.1 million in 2016, growing at a CAGR of 7.6%. The extraoral segment is expected to be the second-largest market, reaching $2,280.0 million in 2023, with a CAGR of 7.5%. The "other" segment encompasses various smaller methods utilized by dentists, such as optical imaging digital X-ray systems and analog X-ray systems. The device segment consists of dental radiology devices and dental imaging devices. The dental radiology device market is projected to reach $1,980.2 million in 2023 from $1,186.1 million in 2016. Dental imaging devices are expected to dominate with a market share of 70.3%, reaching $4,528.0 million in 2023 from $2,811.1 million in 2016, growing at a CAGR of 7.0%. The application segment encompasses diagnosis, therapeutic, cosmetic, and forensic applications. Diagnosis is expected to have the largest market share of 37.8% in 2016, reaching $2,542.5 million in 2023 from $1,509.0 million in 2016. Therapeutic applications are projected to reach $970.8 million in 2023, with a healthy CAGR of 7.6%. Regarding imaging types, 2D and 3D imaging are considered, with 2D imaging capturing the largest market share of 56.3% in 2016. The 2D imaging market is projected to reach $3,588.6 million in 2023, growing at a CAGR of 6.9%. Meanwhile, the 3D imaging segment is expected to reach $2,914.4 million in 2023, growing at a CAGR of 7.6% during the forecast period from 2017 to 2023.