Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Global Dental Digital X-Ray Equipment Market Overview
Dental x-ray refers to a form of electromagnetic radiation, which is used for imaging and detection of any dental disorders. Dental x-ray equipment plays an important role in the diagnosis and treatment of dental related diseases. This x-ray equipment is used for various applications such as cavities detection, tooth roots glancing, abnormal bone or teeth densities and checking status of a developing tooth.
Market Size and Forecast
The global dental digital x-ray equipment market was valued at USD 2,027 Million in 2015. Further, the global dental digital x-ray equipment market is anticipated to witness a high compound annual growth rate of 8.5% between 2017 and 2024 and is expected to reach USD 3,102 Million by the end of 2024. The technological advancements in dental x-rays equipment is playing crucial role in the growth of dental digital x-ray market across the globe.
Globally, North America accounted for the largest market share in the revenue of dental digital x-ray equipment. Increasing gum and oral related dental diseases is propelling the growth for dental digital x-ray equipment market in the region. Further, the U.S. is anticipated to account for the highest percentage share in the region over the forecast period. This can be attributed to various factors such as increasing dental disorders and diseases and growing old age population in the country. Further, increasing adoption and rising demand for technologically advanced healthcare products in the country is anticipated to garner the growth of dental digital x-ray equipment market during the forecast period. Europe region is likely to witness a modest growth as they are early adopters of new technologies. CLICK TO DOWNLOAD FREE SAMPLE REPORT
Asia-Pacific is likely to expand at the highest pace across the globe owing to the growing healthcare infrastructure and rising disposable income. Increasing incidences of dental disorders in the region owing to the unhealthy lifestyle is also anticipated to create the demand for dental digital x-ray equipment over the forecast period. Apart from this, rising medical tourism in the region is swelling the demand for technological advanced healthcare equipment such as dental digital x-ray equipment.
Market Segmentation
Our in-depth analysis segmented the global dental digital x-ray equipment market in the following segments:
By Type
By Application
By End User
By Region
Global dental digital x-ray equipment market is further classified on the basis of region as follows:
Growth Drivers and Challenges
With growing geriatric population, the number of people suffering from dental disorders has increased in a remarkable way. The prevalence of unhealthy lifestyle in developing and undeveloped countries further, increases the oral and dental disorders patients. These factors are believed to bolster the development of dental digital x-ray equipment market over the forecast period.
Technological advancements are one of the major factors driving the market of global dental digital x-ray equipment. For instance, cone beam computer topography - latest dental technological advanced equipment, is penetrating the dental digital x-ray equipment market owing to its increased application in various dentistry and periodontal surgeries. Further, the trend of digitalization is expected to positively impact the growth of dental digital x-ray equipment market during the forecast period.
Further, an awareness program on the dental diseases and their effects is also making inroads for the development of dental digital x-ray equipment market. In addition to this, increasing number of dental clinics is expected to intensify the growth of this segment.
However, high cost of dental digital x-ray equipment market is expected to hamper the growth of the market. Also, the higher risks associated with the usage of dental digital equipment such as cancer and others due to high exposure to radiation, is anticipated to hamper the demand for dental digital x-ray equipment from the hospitals.
Key players
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global dental digital x-ray equipment market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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