In its upcoming study titled “Dental X-ray Systems Industry: Worldwide Industry Analysis 2013-2017 and Forecast 2018 – 2026,” Persistence Market Research (PMR) provides the critical insights on the global dental X-ray systems market. The global market for dental X-ray systems is anticipated to expand in terms of revenue between 2018 and 2026, with a promising CAGR of 6.4%. Over the projected period, North America is expected to account for a sizable revenue share in the global market for dental X-ray systems. The market for dental X-ray systems in North America is anticipated to reach US$ 1,111.4 Mn by the end of 2026, with an expected value share of between 35% and 40% in 2017.
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The product type, end users, and geographic regions are used to segment the global market for dental X-ray systems. The dental X-ray systems market is divided into Dental X-Ray Systems and Cone-Beam Computed Tomography (CBCT) Systems based on the kind of product. Due to increasing end user adoption, the dental X-ray systems sector is anticipated to account for a sizeable market share of more than 70% in the worldwide dental X-ray systems market.
Dental X-ray devices are also made to reduce the radiation dosage to the patient. Traditional floor-mounted intraoral X-ray devices are being replaced with hand-held intraoral X-ray systems.
Additionally, dental X-ray systems are more affordable than cone-beam computed tomography (CBCT) systems and are anticipated to have a sizable market share for dental X-ray systems globally during the next years. Contrarily, due to the quick uptake of recently announced products in the dental X-ray systems market, the cone-beam computed tomography (CBCT) systems sector is anticipated to experience a notable rise in revenue in the worldwide dental X-ray systems market.
The global market for dental X-ray systems is anticipated to increase, but over the forecast period, it is predicted to be constrained by factors such as decreased reimbursement and primary healthcare facilities with constrained capacity and resources. For instance, starting in 2018, there will be a 7% reduction in prices over imaging tests carried out on computed radiography systems for the next five years, and a 10% reduction after that.
The technical components of X-rays performed on outdated technology will be subject to compensation reductions under the new legislation. The Hospital Outpatient Prospective Payment System (HOPPS) and the Medicare Physician Fee Schedule are also affected by the decreases (MPFS). The development of the global market for dental X-ray systems is anticipated to be hampered by this decreased reimbursement for computed radiology equipment.
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The medical device industry’s leading advanced product at the moment is a digital dental X-ray system since it has demonstrated promising results in reducing the risks of X-ray exposure. Thus, it is predicted that during the course of the forecast period, the global market for dental X-ray systems would rise due to the rising incidence of oral cancer and the rising number of dental treatments. Over the course of the forecast period, manufacturers’ alliances, collaborations, and mergers for R&D are also anticipated to propel the market for dental X-ray systems.
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