Portland, OR, Sept. 08, 2021 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global Buccal Cavity Devices Market generated $2.03 billion in 2020, and is estimated to reach $4.53 billion by 2030, witnessing a CAGR of 8.4% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, key segments, top investment pockets, regional scenarios, value chain, and competitive landscape.
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Rise in prevalence of dental disorders, advancements in R&D in dentistry, and surge in number of dentists drive the growth of the global buccal cavity devices market. However, high cost of intra-oral flat panel sensor products restrains the market growth. On the other hand, increase in R&D activities in the healthcare sector presents new opportunities in the coming years.
- Owing to the Covid-19 pandemic, many sub-domains of healthcare were forced to shut their doors temporarily. Among those industries, there has been a negative impact on dental services, which in turn, reduced the demand for buccal cavity devices.
- Manufacturing activities of buccal cavity devices were reduced due to disruption of supply chains, unavailability of raw materials, and temporary shutdown of production facilities.
- In 2020, the number of dental surgeries reduced by nearly 38%. As dental surgeons have been vulnerable to contracting and transmitting coronavirus, the clinics were closed for specific duration and hospitals shifted their resources for treatment of patients infected with Covid-19.
The report offers detailed segmentation of the global buccal cavity devices market based on product, application, end user, and region.
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Based on product, the intraoral cameras segment held the highest share in 2020, contributing to nearly one-third of the total share, and is estimated to continue its leadership status throughout the forecast period. However, the intraoral scanners segment is projected to manifest the highest CAGR of 9.3% from 2021 to 2030.
Based on end user, the dental clinics segment accounted for the highest share in 2020, contributing to more than half of the global buccal cavity devices market, and is projected to maintain its dominance during the forecast period. Moreover, this segment is expected to portray the largest CAGR of 8.7% from 2021 to 2030.
Based on region, North America contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is expected to maintain its lead position by 2030. However, Asia-Pacific is projected to witness the highest CAGR of 10.5% during the forecast period.
Leading players of the global buccal cavity devices market analyzed in the research include Canon, Denstply Sirona, Carestream, FONA Dental, Denterprise, Detection Technology Plc., Trixell S.A.S, Hamamatsu Corporation, VAREX IMAGING, and XDR Radiology.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.