South Korea Cone-Beam Computed Tomography (CBCT) Systems Market is expected to reach USD 92.5 million by 2030

The presence of key market players and government support in South Korea are driving up demand for the South Korea Cone-Beam Computed Tomography (CBCT) Systems market during the forecast period.

South Korea Cone-Beam Computed Tomography (CBCT) Systems Market was valued at USD 27.13 million in 2022, and is predicted to reach USD 92.5 million by 2030, with a CAGR of 15.58% from 2023 to 2030, according to new research by Next Move Strategy Consulting.

The CBCT market is witnessing increased opportunities due to the active involvement of prominent industry leaders such as Vatech Co. Ltd, Osstem Implant, and Genoray Co Ltd, who are strategically leveraging tactics such as product launches and collaborative efforts to strengthen their global footprint.

For instance, During March 2023, Osstem Implant introduced an upgraded version of their Cone Beam Computed Tomography (CBCT) machine, known as the T2 Plus. This latest offering comes equipped with advanced features that empower it to generate high-resolution images of superior quality when compared to its precursor, the T2 model.

However, the substantial expenses associated with procuring Cone Beam Computed Tomography (CBCT) machines can pose a notable hindrance to the expansion of the CBCT market. The initial capital required for the acquisition of CBCT machines can be discouraging, particularly for healthcare institutions like smaller clinics or practices operating within constrained budgets. This elevated financial outlay encompasses not only the machine's purchase price but also includes expenses related to its installation, upkeep, and staff training.

The financial challenges related to CBCT machines can impede their adoption, particularly in regions with limited resources or within healthcare environments where budget constraints are significant. This can lead to constraints on the availability and accessibility of CBCT technology, thereby hindering its widespread integration across 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 South Korea 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 South Korea Cone-Beam Computed Tomography (CBCT) Systems Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the South Korea 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 South Korea Cone-Beam Computed Tomography (CBCT) Systems market is provided in the report along with their competitive analysis.

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