The large dental imaging market increase is because of several major factors?technological advancements, the increasing age of the population, rising oral care awareness, increasing disposable income in emerging economies, the growth of cosmetic dentistry, and a move towards digital dental imaging systems. In contrast, the following dynamics are expected to hold back the growth of the dental imaging market?the high cost of instruments, lack of reimbursement and a shortage of dental laboratory technicians.
With the U.S. accounting for a major market share, North America dominates the dental imaging market followed by Europe and Asia. The Asia-Pacific market is expected to grow at the highest compound annual growth rate (CAGR) in the next 5 years, mostly because of a rising awareness of oral health care, escalating disposable income and increasing product availability in this region.
Major providers in the dental imaging market are Danaher Corporation (U.S.), Carestream Health (Canada), Sirona Dental Systems (U.S.), Planmeca Oy (Finland), DENTSPLY International (U.S.), Midmark Corporation (U.S.), LED Medical Diagnostic (U.S.), Vatech Co. (Republic of Korea), The Yoshida Dental Mfg. Co. (Japan) and Flow Dental Corporation (U.S.).