Digital Intraoral Sensors Market Trends
Growth Drivers
- Rising Dental Issues among People Owing to Poor Oral Hygiene – The lack of awareness of people about the impact of oral hygiene on the physical health and a growing number of people suffering from teeth diseases are estimated to fuel the market growth. The growing number of people eating sugary foods and spicy foods causes the damaged tooth to create further complications. The increasing elderly population with tooth loss and unable to eat is estimated to rise the market growth. It is reported that 1 in 4 adults in the U.S. is suffering from dental cavities which is more than 25% of the US population as of 2022.
- High Incidence of Severe Periodontal Diseases across the World – The incidence of severe periodontal diseases in adults around the world is estimated to affect over 18% of the people which is over 1 billion cases as of 2023.
- Rising Number of People with Changed Lifestyles and Food Habits – More than 35% of American adults are estimated to consume ready-to-eat meals as of 2020.
- Increased Consumption of Tobacco and Accumulation of Bacteria in Teeth – The number of people consuming tobacco or smoking cigarettes was estimated to be over 38 million in the U.S. as of 2022.
- Increasing Road and Sports Injuries Leading to Tooth Breaking – The prevalence rate of tooth fractures to permanent teeth across the world is reported to be over 6 to 57% as of 2020.
Challenges
- High Initial Cost of Investment – The initial cost of digital equipment is estimated to be the major disadvantage of the market. Dental imaging equipment requires software, hardware, and digital imaging sensors that are highly expensive. Also, the repair, maintenance, and software updates are high in cost.
- Maintenance of Software and Hardware of the System
- Thickness and Rigidity of Digital Detector Causing Discomfort
Digital Intraoral Sensors Market: Key Insights
According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.9% |
|
Base Year Market Size (2024) |
USD 971.41 million |
|
Forecast Year Market Size (2037) |
USD 2.04 billion |
|
Regional Scope |
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