Official Press Release from Business Market Insights

South & Central America Cone Beam Computed Tomography Market Revenue to cross US$ 136.70 million by 2028

Published: April 20, 2023
Authored By: Krishna Sunthwal

Market Size (2022): US$ 75.75 Mn

Forecast Market Size (2028): US$ 136.70 Mn

CAGR (2023–2028): 10.3%

Primary Growth Drivers: Increase in dental disorders, Growing demand for precise imaging in orthodontics

Key Trends: Integration with 3D printing, Development of portable CBCT devices

Growth Opportunities: Expansion in dental and maxillofacial applications, Rising use in ENT diagnostics

Base Value (2022)

US$ 75.75 Mn

Projected (2028)

US$ 136.70 Mn

CAGR (2023-2028)

10.3%

At 10.3% CAGR, the South & Central America Cone Beam Computed Tomography Market is projected to be worth US$ 136.70 million by 2028, says The Insight Partners

According to The Insight Partners research, the South & Central America Cone Beam Computed Tomography Market was valued at US$ 75.75  million in 2022 and is expected to reach US$ 136.70  million by 2028, registering a CAGR of 10.3% from 2022 to 2028. Increasing cases of dental disorders and integration of software tools into CBCT devices are the critical factors attributed to the South & Central America Cone Beam Computed Tomography Market expansion. 

By integrating software tools into CBCT systems, users can automate and standardize complex diagnostic procedures, improve patient experience and diagnostic outcomes, and reduce the cost of care, along with improving the functionality of CBCT systems. Analyzing and interpreting CBCT scan data can be challenging, even for experienced clinical professionals. The software systems have been developed to offer dental laboratories, dentists, implant specialists, and surgeons maximum flexibility and precision. Software integration with CBCT would help physicians expand the scope of diagnosis and improve visibility into patients’ underlying anatomical structures during treatment planning. The integration of picture archiving and communication systems (PACS) with CBCT systems helps capture and edit camera images, share images via the cloud, and provide efficient treatment planning. PACS is a medical imaging technology primarily used for storing and securely transmitting digital electronic images. It allows doctors in different locations to review the same data simultaneously. Digital health companies are investing in developing software for CBCT systems. Therefore, the integration of CBCT devices with software tools to simplify data analysis, interpretation, and archival is contributing to the growth of the South & Central America cone beam computed tomography market.

On the contrary, high initial and maintenance cost hampers the South & Central America Cone Beam Computed Tomography Market.  

Based on patient positioning, the South & Central America cone beam computed tomography market is segmented into standing, sitting, and supine. The standing segment held 63.9% share of South & Central America Cone Beam Computed Tomography Market in 2022, amassing US$ 48.40 million. It is projected to garner US$ 88.05 million by 2028 to expand at 10.5% CAGR during 2022–2028. 

Based on application, the South & Central America cone beam computed tomography market is segmented into dental, ent, breast cancer, skull base, orthopedic, and others. The dental segment held 52.0% share of South & Central America Cone Beam Computed Tomography Market in 2022, amassing US$ 39.42 million. It is projected to garner US$ 72.44 million by 2028 to expand at 10.7% CAGR during 2022–2028.

Based on end user, the South & Central America cone beam computed tomography market is segmented into hospitals & clinics, diagnostic centers, and others. The hospitals & clinics segment held 59.9% share of South & Central America Cone Beam Computed Tomography Market in 2022, amassing US$ 45.35 million. It is projected to garner US$ 83.18 million by 2028 to expand at 10.6% CAGR during 2022–2028.

Based on country, the South & Central America Cone Beam Computed Tomography Market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 50.2% share of South & Central America Cone Beam Computed Tomography Market in 2022. It was assessed at US$ 38.01 million in 2022 and is likely to hit US$ 70.59 million by 2028, exhibiting a CAGR of 10.9% during the forecast period.      

Key players dominating the South & Central America Cone Beam Computed Tomography Market are Dentsply Sirona Inc; Carestream Dental LLC.; Fussen Group; PreXion; Brainlab AG; IDETEC MEDICAL IMAGING; Vatech Co., Ltd.; Planmeca Oy; and Canon Medical Systems, and among others.   

  • In May 2021; The PreXion Corporation launched the latest model the PreXion 3D Explorer PRO. This iteration of the machine features an integrated cephalometric X-ray arm.

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