Global Dental Intraoral X-Ray Sensors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Dental Intraoral X-Ray Sensor is a small device that is used to capture X-ray images. Instead of donning a heavy vest to protect against radiation and being situated in a large, intimidating machine, patients can simply remain in their exam chair while the sensor is inserted. The sensors are designed with rounded edges to be as non-irritating as possible in the patient’s mouth, and the sensor only has to be in place for a matter of seconds. Once complete, the images can be pulled up almost instantly on a computer for immediate viewing. This makes the process both easier for staff to complete as well as far more comfortable for the patient.
Market Overview:The latest research study on the global Dental Intraoral X-Ray Sensors market finds that the global Dental Intraoral X-Ray Sensors market reached a value of USD 226.92 million in 2022. It’s expected that the market will achieve USD 273.89 million by 2028, exhibiting a CAGR of 3.19% during the forecast period.
Influence of COVID-19 Outbreak on Dental Intraoral X-Ray Sensors Industry Development
The distribution channel segment is divided into offline and online, the offline segment is dominating the market currently, and due to emergence of COVID-19, the online market witnessed a significant growth in 2020. The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some dental intraoral X-Ray sensors enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.
The epidemic will have a short-term impact on dental intraoral X-Ray sensors industry, but it is relatively limited. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in dental intraoral X-Ray sensors industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.
Apart from this, the COVID-19 outbreak has resulted in the closing down of several manufacturing facilities across the globe. The pandemic caused huge revenue losses in end-use industry. The coronavirus lockdown put a brake on the production of several key raw materials in the global market, which, in turn, spiked the prices and lowered the demand for the product. The strict lockdown mandates imposed by governments have restricted cross-border trade between countries, another factor proving to be detrimental for the dental intraoral X-Ray sensors market share. In addition, dental intraoral X-Ray sensors manufacturers are drawing up plans for the international market as a new supply link in the global dental intraoral X-Ray sensors industry, as companies look to re-engineer supply chains in the aftermath of COVID-19. Also, it is expected that the product demand in end-user sectors could pick up following the uplift of the lockdown in numerous countries.
Dental Intraoral X-Ray Sensors Market Challenges
There are a certain number of Dental Intraoral X-Ray Sensors manufacturers around the world with roughly the same level of competitiveness, which will affect the bargaining power of major players in the industry and require more research and development to form a unique competitive advantage. And many manufacturers have rich experience in the field of Dental Intraoral X-Ray Sensors, and have a strong brand image, which will raise the barriers to entry for the industry and limit the number of new entrants.
On the flip side, the impact of COVID-19 pandemic on the various end-user industry’s growth and the supply chain disruptions may hinder the growth of the Dental Intraoral X-Ray Sensors market. COVID-19 pandemic in 2020 has negatively affected the market demand due to the lockdown and shutdown of manufacturing plants. From the perspective of upstream suppliers, the supply of raw materials is affected by the new crown epidemic, which causes delays in product manufacturing time and brings losses to manufacturers. And with the increase in the price of raw materials, the manufacturing costs of manufacturers have also risen, which is not conducive to the development of the industry. Secondly, from the perspective of distributors, product supervision at the branch campuses can be roughly divided into two modes, one is offline physical store operation and the other is online point-of-sale sales. Due to the impact of the epidemic and the development of e-commerce, the online model is the mainstay, with offline as a supplement. And because of the spread of the epidemic, the government has formulated a series of measures, which have caused many inconveniences to logistics and affected the delivery of goods, which to a certain extent caused a blow to sales.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Vatech is one of the major players operating in the Dental Intraoral X-Ray Sensors market, holding a share of 31.14% in 2021.
Vatech is a company with original technology for development, production, and manufacturing in the X-ray field. Vatech is developing the world's first technologies based on the rich R&D infrastructure. By internalizing all the technologies including key components of x-ray, H/W, and S/W, Vatech has annually released never-before-seen products into the global market.
Sirona designs, develops, manufactures, and markets various dental and oral health products, and other consumable healthcare products primarily for the professional dental market worldwide. The company operates in two segments, Technologies & Equipment; and Consumables. Its dental supplies include endodontic instruments and materials, dental anesthetics, prophylaxis pastes, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride products; and small equipment products comprise dental hand pieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers.
Segmentation Overview:Among different product types, Digital X-Ray Systems segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Dental Hospitals & Clinics segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Dental Intraoral X-Ray Sensors market covered in Chapter 3:Cefla Dental
Teledyne Technologies
Midmark
Hamamatsu Photonics
Planmeca
Envista Holdings Corporation
Acteon
Vatech
Takara Belmont
Owandy Radiology
Carestream
Dentsply Sirona
DentiMax
ImageWorks
In Chapter 4 and Chapter 14.2, on the basis of types, the Dental Intraoral X-Ray Sensors market from 2018 to 2029 is primarily split into:Digital X-Ray Systems
Analog X-Ray Systems
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dental Intraoral X-Ray Sensors market from 2018 to 2029 covers:Dental Hospitals & Clinics
Dental Academic & Research Institutes
Forensic Laboratories
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)