Canada Cone-Beam Computed Tomography (CBCT) Systems Market by Patient Position (Seated, Supine, and Standing), by Detector Type (Image Intensifier and Flat-Panel Detector), by Field of View (Small FOV Systems, Medium FOV Systems, and Large FOV Systems), by Application (Dental, ENT Applications, Orthopedic Conditions, Neural & Spine, Lung Cancer, and Veterinary) and by End User (Dental Clinics, Hospitals, and Others) – Opportunity Analysis and Industry Forecast, 2023–2030
Industry: Healthcare | Publish Date: 07-Sep-2023 | No of Pages: 81 | No. of Tables: 65 | No. of Figures: 33 | Format: PDF | Report Code : N/A
Market Definition
The Canada Cone-Beam Computed Tomography (CBCT) Systems Market was valued at USD 33.9 million in 2022 and is predicted to reach USD 75.2 million by 2030, with a CAGR of 9.57% from 2023 to 2030. Cone Beam Computed Tomography (CBCT) is also known as C-arm CT, cone beam volume CT, flat panel CT, Digital Volume Tomography (DVT), or Digital Volume CT.
CBCT System is a specialized medical imaging technique used to create three-dimensional images of various structures within the human body. It utilizes a cone-shaped X-ray beam that rotates around the patient, capturing a series of two-dimensional X-ray images from different angles. These images are then reconstructed by a computer to generate detailed 3D representations of the scanned area. CBCT technology is commonly used in dentistry, oral and maxillofacial surgery, and orthodontics, providing a comprehensive view of the teeth, jaws, facial bones, and surrounding tissues.
By capturing images with high spatial resolution and minimal distortion, CBCT allows healthcare professionals to visualize anatomical structures with great precision and accuracy. The advantages of CBCT over traditional medical imaging techniques, such as conventional X-rays or CT scans, include lower radiation exposure, shorter scan times, and the ability to produce high-quality 3D images.
This technology enables healthcare providers to plan and perform complex dental and surgical procedures more effectively, facilitating accurate diagnosis, treatment planning, and evaluation of treatment outcomes. Thus, CBCT is an advanced imaging technique that employs cone-shaped X-ray beams and computer algorithms to generate detailed three-dimensional images of the human body, primarily used in dental and maxillofacial applications for improved diagnosis and treatment planning.
Market Expansion in Canada Driven by Initiatives of Market Players to Supply Medical Devices and Expand Global Operations
The CBCT market growth in Canada is being boosted by an increasing number of initiatives undertaken by market players to supply medical devices and expand their global businesses. For instance, in May 2023, Carestream Dental collaborated with Glidewell to distribute their CBCT imaging systems in the United States and Canada. The partnership aims to enhance patient access to advanced 3D imaging technology for a wider range of clinical procedures.
Government Initiatives Drive Adoption of Advanced Technology, Including CBCT Systems, for Accurate Disease Diagnosis
The rising government initiatives in terms of developing the healthcare system further contribute to the adoption of advanced technologies, including the CBCT systems, in order to diagnose diseases accurately and efficiently. For instance, in October 2022, The Government of Canada invested $10 million in research to improve dental care for Canadians.
In addition to supporting research, the Government of Canada introduced legislation that proposes a new, temporary Canada Dental Benefit as the first step in developing a national dental care program. This benefit would provide dental care for uninsured Canadians with a family income of less than $90,000 annually, to make oral health care accessible to children under 12 years old in 2022.
High Cost of Cone-Beam Computed Tomography (CBCT) Systems Machines in Canada
The high cost of cone beam computed tomography machines can act as a significant restraint on the growth of the CBCT market. The initial investment required for acquiring CBCT machines is substantial, which can be a deterrent for healthcare facilities, particularly smaller clinics or practices with limited budgets. The high cost not only includes the purchase of the machine itself but also factors in installation, maintenance, and training costs.
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.
Technological Advancements in CBCT Systems Market in Canada: A Promising Opportunity for Growth
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.
Competitive Landscape
The Canada CBCT systems industry includes several market players such as 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, among others.
KEY BENEFITS
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The Canada cone-beam computed tomography (CBCT) systems market report provides a quantitative analysis of the market estimations throughout 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep-dive analysis of the current and future market trends, depicting the prevalent investment pockets in the Canadian CBCT system industry.
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The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
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The competitive analysis of the key players along with their market share in the Canada cone-beam computed tomography systems market, is mentioned.
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The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
CANADA CONE-BEAM COMPUTED TOMOGRAPHY (CBCT) SYSTEMS MARKET KEY SEGMENTS
By Patient Position
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Seated
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Supine
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Standing
By Detector Type
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Image Intensifier
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Flat-Panel Detector
By Field of View
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Small FOV Systems
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Medium FOV Systems
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Large FOV Systems
By Application
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Dental
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ENT Applications
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Orthopedic Conditions
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Neural & Spine
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Lung Cancer
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Veterinary
By End User
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Dental Clinics
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Hospitals
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Others
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2022 |
USD 33.9 Million |
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Revenue Forecast in 2030 |
USD 75.2 Million |
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Growth Rate |
CAGR of 9.57% from 2023 to 2030 |
|
Analysis Period |
2022–2030 |
|
Base Year Considered |
2022 |
|
Forecast Period |
2023–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
Initiatives of market players to supply medical devices
The increased government initiatives |
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Companies Profiled |
18 |
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Market Share |
Available for 18 companies |
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Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
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Dentsply Sirona
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Koninklijke Philips N.V.,
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Vatech Co., Ltd
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Envista Holdings
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Planmeca OY
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J. Morita Mfg. Corp.
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Cefla S.C.
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Hefei Meyer Optoelectronic Technology INC
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Xoran Technologies LLC
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Acteon Group
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Hitachi Ltd.
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Genoray Co Ltd
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Asahi RoEntgen Ind. Co. Ltd.
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OSSTEM IMPLANT CO., LTD.
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Largev Instrument Corp. Ltd
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Carestream Dental LLC
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Curvebeam AI
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HDXWILL
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