DUBAI, U.A.E, July 14, 2020
DUBAI, U.A.E, July 14, 2020 /PRNewswire/ -- Future Market Insights' recently published report on the dental imaging equipment market predicts that growth is expected to accelerate at a positive 6% CAGR during the forecast period of 2020-2030.
The COVID-19 pandemic has reduced the number of patients with dental problems visiting healthcare settings due to mandatory enforcement of social distancing measures. Moreover, healthcare providers have reoriented their operations towards caring for COVID-19 positive patients.
As a result, procurement of new imaging equipment has reduced due to subdued demand. Moreover, disruption of production cycles has led to reduced industrial output, thereby stalling dental imaging equipment manufacturing. Recovery prospects do exist. However, it won't be before the passing of the subsequent quarters of 2020.
"Market players need to concentrate more on providing high resolution imaging in order to provide enhanced treatment. Techniques such as 3D-imaging, fluoroscopy and 4K ultra-HD will greatly augment market prospects for dental imaging equipment in the future," opines an FMI analyst.
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Key Takeaways from FMI's Dental Imaging Equipment Market Study
Dental Imaging Equipment Market- Key Trends
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Dental Imaging Equipment Market- Region-wise Analysis
Dental Imaging Equipment Market- Competitive Landscape
The dental imaging equipment market players are concentration on incorporating artificial intelligence and provide state-of-the-art imaging equipment to the end-users, thus providing them with a comparative advantage. For instance, in October 2019, DENTSPY Sirona Inc. launched the Xios AE and Xios XG Supreme intraoral scanners, providing outstanding image quality. These systems provide a theoretical resolution of 33 lp/mm and a 15 micrometer pixel size.
Another strategy which is actively followed is venture capital funding to facilitate research and development on advanced dental imaging equipment.
In February 2018, Nordic capital forged agreements with Adent Cliniques Dentaires Groupe SA to acquire TopOrtho and Top Mondzorg Dental Clinics for the purpose of furthering dental imaging research.
Similarly, the Asian Healthcare Fund invests in the Indian healthcare and life sciences sector and includes the investment programs titled "MyDentist" and "Sabka Dentist" since the past decade.
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Dental Imaging Equipment Market Taxonomy
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More Valuable Insights on Dental Imaging Equipment Market
Future Market Insights provides an unbiased insight on the dental imaging equipment market forecasted for the period 2020-2030. It delves into the analysis on revenue growth at global, regional, and country levels and the latest industry trends in each of the segments. The global dental imaging equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights by bringing to the fore insights helping stakeholders identify opportunities as well as challenges.
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