Cone Beam Computed Tomography (CBCT) Market

Efficiency of CBCT Technologies Increases their Adoption

The rising geriatric population and their slew of medical needs will be the undercurrent defining the trajectory of the global cone beam computed tomography market. The unmet dental needs of the gaining population across the globe will play a crucial part in steering this market to its warranted revenues. The ability to offer three-dimensional visuals of teeth, roots, and other important parts of a jawline will prove to exceptionally useful in managing several dental conditions and diseases amongst the elderly population spread in the world. According to the research report published by Transparency Market Research (TMR), the opportunity in the global CBCT market was worth US$407.5 mn in 2014. However, analysts predict that the valuation of this market will be worth US$960.8 mn by 2023 as it expands at a steady CAGR of 10.0% between 2015 and 2023.

In recent years, the demand for CBCT technology has skyrocketed due to increasing affordability of advanced computers equipped with CBCT units. Several dentists and imaging specialists are not only using but also advising the use of CBCT technologies to determine the problem with absolute clarity. Thus, the effectiveness and the efficiency brought in by CBCT technologies in medical interventions is driving the overall market in top gear.

Excise Norms Could Dissuade Market Growth in Key Regions

Despite the promising market drivers, the applications of CBCT technologies in dental implants, orthodontics, endodontics, oral surgeries, and general dental surgeries is being overshadowed by stringent excise norms. This restraint is predominant in the U.S. market where the excise duty on import makes dental treatment and usage of CBCT technology largely unaffordable. This constraint is further aggravated by low adoption rate of digitalized technologies by old school medical practitioners who are still resorting to old-fashioned diagnostics.

Currently, the oral surgery segment is making the maximum usage of CBCT technologies. As of 2015, the oral surgery segment accounted for a share of 26.4% in the overall market. This segment is estimated to rise at a phenomenal pace in the forecast period as CBCT scanners have brought a remarkable advancement in maxillofacial and oral imaging.

Asia Pacific CBCT  Market to Grow Phenomenally

Research suggests that Asia Pacific has been progressing at an unprecedented pace due to an ever-increasing pool of geriatrics and thus a high prevalence of dental issues. However, North America was reported to the largest geographical segment in the overall market due to its well-established infrastructure for healthcare, high adoption of dental imaging technologies, and a developed market.

The important players operating in the global CBCT market are Sirona Dental Systems, Cefla Group, Carestream Health, QR s.r.l., VATECH Global Co. Ltd., Danaher Corporation, Planmeca OY, and Prexion, Inc. The majority of the players will focus on increasing their product portfolio and expanding their reach to the consumers to grab bigger market shares in the foreseeable future. Furthermore, analysts also predict strategic business partnerships and expanding product portfolio will be integral to the growth of these individual players in the near future.

Increasing Adoption of Advanced Therapeutic Procedures will Augment Cone Beam Computed Tomography (CBCT) Market

The rise in geriatric population and their vulnerability towards various acute and chronic diseases has propelled the need for better healthcare and medical therapeutics worldwide. The increasing adoption of computed technology for diagnostic and therapeutic purposes is a prime factor boosting the global cone beam computed tomography market. The neglected dental necessities of the acquiring populace across the globe will have a urgent impact in controlling this market to its justified incomes. The capacity to offer three-dimensional visuals of teeth, roots, and other significant pieces of a facial structure will demonstrate to particularly valuable in dealing with a few dental conditions and infections among the old populace spread on the planet.

Currently, the interest for CBCT innovation has soar because of expanding reasonableness of cutting edge PCs furnished with CBCT units. A few dental specialists and imaging experts are utilizing as well as educating the utilization concerning CBCT innovations to decide the issue with total clearness. Along these lines, the viability and the proficiency got by CBCT advances in clinical intercessions is driving the general market in top stuff.

The rising commonness of dental problems and the massively rising geriatric populace are the primary factors that are projected to support the development of the cone pillar registered tomography market in the following not many years. The rising spending limit of purchasers, particularly in the arising countries is projected to improve the market development in the coming years. Likewise, the rising interest for complex and progressed imaging procedures is assessed to speed up the improvement of the general market in the following not many years.

The worldwide CBCT market, then again, is assessed to confront a couple of difficulties that will confine the development of the market in the coming years. The high extract obligation that has been forced by the deals of the clinical gadgets is anticipated to abridge the general advancement of the market in the coming not many years. Besides, the increasing expense of hardware and innovation is another factor that is assessed to check the development in the following not many years. In any case, developments in the dental sector is expected to speed up the market development in the coming years.