North America Cone-Beam Computed Tomography (CBCT) Systems Market is expected to reach USD 1044.4 million by 2030
The government initiatives and precision dental imaging in North America region are driving up demand for the North America Cone-Beam Computed Tomography (CBCT) Systems market during the forecast period.
North America Cone-Beam Computed Tomography (CBCT) Systems Market was valued at USD 431.26 million in 2022, and is predicted to reach USD 1044.4 million by 2030, with a CAGR of 10.79% from 2023 to 2030, according to new research by Next Move Strategy Consulting.
The North American CBCT market is on the rise, primarily due to the growth-inducing factors of expanding government programs that advocate dental health and substantial investments in healthcare. Additionally, the market benefits from the presence of major industry players such as Dentsply Sirona, Curve Beam AI, Envista Holding Corporation, and others, who consistently introduce various CBCT-related products, driving further expansion in the market.
For instance, in October 2022, Dexis LLC announced the launch of its new intraoral scanning portfolio that includes three distinct scanning devices, each designed to cater to different clinical needs and preferences. These innovative intraoral scanners offer enhanced accuracy, ease of use, and advanced features, enabling dental professionals to streamline their workflows and deliver precise treatment planning and outcomes.
However, the substantial expense associated with acquiring Cone Beam Computed Tomography (CBCT) machines can serve as a notable hindrance to the expansion of the CBCT market. The initial investment required for obtaining CBCT machines can be a deterrent, particularly for healthcare facilities like smaller clinics or practices with constrained budgets. The high cost encompasses not only the machine's purchase but also considerations for installation, maintenance, and training expenses.
The financial burden associated with CBCT machines can limit their adoption, especially in regions with resource constraints or in healthcare settings where budget allocations are tight. This can restrict the availability and accessibility of CBCT technology, hindering its widespread implementation in various healthcare facilities.
On the other hand, the integration of Artificial Intelligence (AI) in CBCT software has the potential to revolutionize the field of imaging and significantly enhance the capabilities of CBCT technology. With AI algorithms, CBCT software can analyze and interpret images with greater precision and efficiency. These algorithms can be trained to automatically detect and segment anatomical structures, lesions, and abnormalities, providing valuable insights to clinicians. By automating these tasks, AI integration can save time and improve diagnostic accuracy, ultimately leading to more effective treatment planning.
Additionally, AI-powered CBCT software can simulate and visualize treatment outcomes, enabling clinicians to better plan and communicate treatment options with patients. Whether it's virtual implant placement, orthodontic treatment simulations, or surgical planning, the integration of AI in CBCT software offers new possibilities for personalized and optimized patient care. It holds the promise of streamlining workflows, reducing manual labor, and enhancing the overall efficiency and precision of CBCT imaging in various medical and dental applications.
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According to the report, leading players in the North America Cone-Beam Computed Tomography (CBCT) Systems market include Dentsply Sirona, Koninklijke Philips N.V., Vatech Co., Ltd, Envista Holdings, Planmeca OY, J. Morita Mfg. Corp., Cefla S.C., Hefei Meyer Optoelectronic Technology INC, Xoran Technologies LLC, Acteon Group, Hitachi Ltd., Genoray Co Ltd, Asahi RoEntgen Ind. Co. Ltd., OSSTEM IMPLANT CO., LTD., Largev Instrument Corp. Ltd., Carestream Dental LLC, Curvebeam AI, and HDXWILL.
Key Insights from the North America Cone-Beam Computed Tomography (CBCT) Systems Market Report:
The information related to key drivers, restraints, and opportunities and their impact on the North America Cone-Beam Computed Tomography (CBCT) Systems market is provided in the report.
The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.
The market share of players in the North America Cone-Beam Computed Tomography (CBCT) Systems market is provided in the report along with their competitive analysis.