CBCT Dental Imaging Market Share Analysis
Countries like the U.S. and Canada show a high level of patient awareness, and professionals prefer CBCT dental imaging over traditional two-dimensional methods. This new technology provides better predictability, cost-effectiveness, increased accuracy, and higher efficiency.
The dental CBCT market is divided based on application into dental implants, orthodontics, endodontics, and others. Dental implants dominate the market, holding a 75% share in 2016. Factors such as the rise in tooth replacement due to injury, increased life expectancy, and aesthetic concerns have led to the widespread acceptance of dental implantology. The dental implant market is expected to reach USD 250.5 million by 2023, growing at a CAGR of 11.75% from 2017 to 2023. Technological advances are a significant factor driving the growth of this market.
In Europe, the CBCT market is further segmented based on end users into hospitals & dental clinics, academic & research institutes, and others. Hospitals and dental clinics have the largest market share, accounting for 78%. This segment is projected to reach USD 257.9 million by 2023 from USD 105 million in 2016, driven by increased professional competency and the growing number of dental specialty hospitals and clinics offering CBCT imaging techniques. Academic and research institutes hold the remaining market share. The market is segmented by country into Germany, Italy, France, U.K., Spain, and the Rest of Europe. Germany has the largest market share of 29% in 2016 and is valued at USD 38.4 million. It is expected to grow at a CAGR of 11.56% during the forecast period of 2017 to 2023, driven by high awareness about the technology and widespread adoption of CBCT in dental imaging. The U.K. is the fastest-growing country in Europe, with a CAGR of 11.89% during the forecast period.
The uptake of cone beam equipment is low in price-sensitive markets like India and China. Despite recent price reductions, cone beam technology remains one of the most expensive options in dental X-ray segments. This high pricing is a significant barrier to the growth of the market.