
Published On: Jan 2023
Published On: Jan 2023
At 7.5% CAGR, the Europe Dental Radiography Equipment Market is projected to be worth US$ 1,613.78 Million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Europe dental radiography equipment market was valued at US$ 1,045.70 million in 2022 and is expected to reach US$ 1,613.78 million by 2028, registering a CAGR of 7.5% from 2022 to 2028. The rising prevalence of oral cancer and growing number of dental practices and rising expenditure on dental healthcare the critical factors attributed to the Europe dental radiography equipment market expansion.
The number of dentists employed in the UK has increased from 29,000 in 2007 to ~36,000 in 2020. Concurrently, the number of medical and dental technicians reached ~45,400 in the UK in 2021. According to the General Dental Services Statistics, 365 dental practices were performed in Northern Ireland in March 2020, and the country had 1,146 dentists registered to perform these procedures. The number of registered dentists has increased by 13% over the last decade in Northern Ireland. Further, spending on dental services has surged in the last few years. According to statista.com, in 2020, household expenditure on dental services was ~US$ 1.5 billion in the UK. According to a report by Public Health England, dental treatments incur a high cost to people and governments. The NHS in England spends ~US$ 3.86 billion per year on dental care (with an additional ~US$ 2.61 billion on private dental care). Thus, with the rising number of dental practices performed, the adoption of dental radiography equipment is also increasing, thereby driving the Europe dental radiography equipment market.
On the contrary, high cost of radiography equipment hurdles the growth of Europe dental radiography equipment market.
Based on product, the Europe dental radiography equipment market is sub segmented into intraoral X-ray system, extraoral X-ray system, intraoral plate scanners, and cone-beam computed tomography imaging. The intraoral X-ray system held 38.7% market share in 2022, amassing US$ 404.74 million. It is projected to garner US$ 607.38 million by 2028 to expand at 7.0% CAGR during 2022–2028.
Based on end user, the Europe dental radiography equipment market is segmented into dental clinics, hospitals, ambulatory surgical centers, and others. With 45.7% share of the domain, hospitals segment dominated the Europe dental radiography equipment market in 2022. It accrued US$ 477.93 million in 2022 and is estimated to generate US$ 736.84 million by 2028 to grow at a CAGR of 7.5% over the forecast period.
Based on country, the Europe dental radiography equipment market is segmented into France, Germany, Italy, Spain, the UK, and the Rest of Europe. Our regional analysis states that the Germany captured 29.5% share of the Europe dental radiography equipment market in 2022. It was assessed at US$ 307.96 million in 2022 and is likely to hit US$ 464.61 million by 2028, exhibiting a CAGR of 7.1% during the forecast period.
Key players dominating the Europe dental radiography equipment market are Acteon Group; Carestream Dental LLC; Dentsply Sirona Inc.; Envista Holdings Corporation; General Electric Co; Koninklijke Philips NV; Planmeca; Siemens Healthcare GmbH; Vatech Co., Ltd, and Zimed Healthcare Ltd, among others.
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