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The global cone beam computed tomography systems market has the potential to grow by USD 489.15 million during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the CBCT systems market by geography (Asia, Europe, North America, and ROW) and product (stand-alone CBCT systems and mobile CBCT systems). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Carestream Health Inc., CurveBeam LLC, DENTSPLY SIRONA Inc., Envista Holdings Corp., Genoray Co. Ltd., J. Morita Corp., Planmeca Group, PreXion Corp., Ray Co. Ltd., and VATECH EWOO Holdings Co. Ltd.
Market Overview
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Market Competitive Analysis
The market is fragmented, and the degree of fragmentation will decrease during the forecast period. The key players in the market are focusing on various growth strategies, including strategic alliances and product launches, to expand the geographical reach and gain major market shares and revenue. PreXion Corp., Ray Co. Ltd., and VATECH EWOO Holdings Co. Ltd. are some of the major market participants. Although the accelerating growth momentum will offer immense business opportunities, the high costs associated with CBCT imaging will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market positions, this cone beam computed tomography systems market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this cone beam computed tomography systems market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading cone beam computed tomography systems companies, including:
- Carestream Health Inc.
- CurveBeam LLC
- DENTSPLY SIRONA, Inc.
- Envista Holdings Corp.
- Genoray Co. Ltd.
- J. Morita Corp.
- Planmeca Group
- PreXion Corp.
- Ray Co. Ltd.
- VATECH EWOO Holdings Co. Ltd
Cone Beam Computed Tomography Systems Market: Segmentation by Region
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North America was the largest CBCT systems market in 2019, and the region will continue to offer maximum growth opportunities to market vendors during the forecast period. The rising prevalence of dental conditions, technological advances, product launches, and favorable regulatory framework are contributing to the market growth in the region. The growing number of awareness programs regarding early diagnosis of the disease and high healthcare spending by people will significantly influence the CBCT systems market growth in North America.
Almost 43% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets of the cone beam computed tomography systems market in North America. Market growth in this region will be slower than the growth of the market in Asia and Europe.
Cone Beam Computed Tomography Systems Market: Segmentation by Product
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The presence of strong vendors, new product launches, growing prevalence of dental conditions, and technological advances will increase the demand for stand-alone CBCT systems during the forecast period. Moreover, the market entry of new players with innovative detectors will increase the quality of stand-alone CBCT systems, increasing their adoption rate for diverse applications.
However, market growth by the stand-alone CBT systems segment will be slower than the growth of the market by the mobile CBCT systems segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the CBCT systems market size.
Cone Beam Computed Tomography Systems Market: Key Drivers and Trends
CBCT systems are used for diagnosing dental and orthopedic conditions. The increasing prevalence of such conditions is triggering the demand for diagnostic imaging products, including CBCT systems. These systems are widely used in various procedures, such as orthodontics, endodontics, oral surgery, periodontics, and implant treatment planning. The use of CBCT scanning in orthopedics will increase owing to the rising number of injuries, fractures, osteopenia, and bone tumors.
The number of breast cancer cases will also increase the application of CBCT systems for the diagnosis and treatment of the condition. To capitalize on growing business opportunities, vendors are further launching new products. As a result, the cone beam computed tomography systems market growth should be substantial in the coming years.
- The integration of software tools in CBCT systems enables users to automate and standardize complex diagnostic procedures, improves patient experience, and reduce the cost of care.
- CBCT systems integrated with advanced software tools, which is one of the key cone beam computed tomography systems market trends, help radiologists and technicians in analyzing data accurately to reduce errors in diagnosis.
- Software tools in dental applications offer a range of additional modules and map the complete digital workflow of dentistry, which facilitates accurate diagnosis.
- Software tools such as picture archiving and communications systems (PACS) acquire and edit radiographs and camera images that help dentists in the planning of implants and drill templates.
- During 2020-2024, the CBCT systems market will grow at a CAGR of over 10%.
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Cone Beam Computed Tomography Systems Market: Key Highlights of the Report for the Forecast Period 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will accelerate the cone beam computed tomography systems market growth during the next five years
- Precise estimation of the global cone beam computed tomography systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cone beam computed tomography systems industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cone beam computed tomography systems vendors
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