Phosphor Plate Scanners Market

Phosphor Plate Scanners Market Size Survey Report – In a Glance

As per the survey report on global Phosphor plate scanners market, the market is projected to foresee a CAGR of CAGR value 5.4% between 2024-2033, and further generate a market size of USD 3.1 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 1.5 billion revenue.

• The global Phosphor plate scanners market is projected to grow on account of the increasing demand for radiography in healthcare.
• In Japan, the Phosphor plate scanners market growth can be attributed to the growing dental awareness and tourism.
• KDMI analyst’s growth analysis foresees competition from other digital imaging technologies to challenge the market growth.
• North America, having the highest market share in the Phosphor plate scanners market, is projected to dominate the global market.

Phosphor Plate Scanners Market Analysis

Photostimulable phosphor (PSP) plates are widely used in imaging techniques or machines called phosphor plate scanners which are instruments used for reading and digitalizing images. The increasing demand for radiography in healthcare is a major contributor to the phosphor plate scanners market growth and development as the need for high-quality diagnostic tools and images is increasing day-by-day for better diagnosis. Digital radiography enables better medical care, providing quicker and more accurate results. According to the most current information provided by the Australian Government, diagnostic imaging services in Australia exhibited significant progress, with a remarkable surge of 11.3% during January-March 2023, compared to the same period in the previous year and this rapid growth signals an uptick in demand for diagnostic imaging services in Australia. Similar growth can be observed in other techniques, particularly magnetic resonance imaging (MRI) and computed tomography (CT). Altogether, the number of MRI services provided during this period rose by 10.2%, while CT services witnessed a significant boost of 15.5% compared to the same quarter of the previous year which clearly points to a growth in the diagnostic imaging market.

Dentsply Sirona, Apixia, Air Techniques, are some of the significant parties in the global market for Phosphor plate scanners.

Analyst’s Observation on Japan Phosphor Plate Scanners Market Survey

In Japan, the market growth for Phosphor plate scanners can be attributed to the growing dental awareness and tourism. According to findings, the overall dental expenses jumped from 1.96 trillion yen in 1984 to 3.00 trillion yen in 2020. To be specific, total and average per capita dental expenditure for the aging population exhibited a quick surge (total: from 185 billion yen in 1984 to 1.18 trillion yen in 2020; average per capita: from 15,500 yen in 1984 to 32,800 yen in 2020), adding to the overall rise. It must be highlighted that the oral health status in Japan has been getting better with improved oral hygiene habits. On the other hand, the total headcount of older people in Japan has increased (from 12.5 million in 1985 to 36.0 million in 2020), and the percentage of elderly people who had 20 teeth or more has also increased (31.4% in 1993 to 73.0% in 2016 among older aged 65–69 years).

Dentsply Sirona, Trident Dental, Planmeca, are some of the significant parties in the market for Phosphor plate scanners in Japan.

Phosphor Plate Scanners Market Growth Driver and Challenges

Growth Driver

Technological advancement in image quality:

The constant betterment in PSP scanner technology, such as improved image processing speed, enhanced resolution, and sharper image quality, are stimulating the phosphor plate scanners market development and expansion. During the past decade, there has been a marked increase in diagnostic imaging due to advanced diagnostic capabilities and enhanced healthcare operational workflow, ultimately pushing the phosphor plate scanners market upwards. In England, near about 45.0 million imaging tests were reported in the year to March 2023, which is an increase of 2.2% compared with 44.0 million in the previous year. As per the study, Plain Radiography (X-ray) was most common with 22.0 million procedures (up 1.0% from 2021/22), followed by Diagnostic Ultrasonography (Ultrasound, (10.3 million, up 1.8%), Computerized Axial Tomography (CT Scan, 7.1 million up 5.5%) and Magnetic Resonance Imaging (MRI, 4.1 million, up 6.2%).

Restraint

Competition from other digital imaging technologies:

The wider acceptance of alternative digital imaging technologies, such as Direct Radiography (DR) systems and computed tomography (CT), may curb the growth of the PSP scanner market as healthcare professionals search for more advanced technologies or solutions. As the healthcare sector prioritizes speed and image quality, the continuous progress in digital imaging technology creates an obstacle in the progression of the phosphor plate scanners market globally. Data suggests that the United States faces cut-throat competition from other countries in breakthrough technologies in which the powerful competitor is China, which is enjoying the fruits of decades of increased R&D investment, absorption and stealing of foreign technologies and IP, and growing geopolitical engagement. Furthermore, it is also assumed that artificial intelligence (AI) systems alone could contribute $16 trillion to global GDP by 2030, capitalizing AI as the largest lucrative market in the next economy.

Phosphor Plate Scanners Market Segmentation

Our experts at KD Market Insights have segmented the global Phosphor plate scanners market research report as:

Phosphor Plate Scanners Market Regional Synopsis

The North America Phosphor plate scanners market is majorly driven by rising patient awareness, rising adoption of cutting-edge technologies, and dentists’ increasing usage of technically advanced imaging technologies. The rising occurrence of dental disorders plays a crucial role in the growth of phosphor plate scanners market. The WHO Global Oral Health Status Report (2022) indicates that oral diseases impact more or less 3.5 billion people across the globe and in middle-income countries, 3 out of 4 individuals are dwelling with it. It was also calculated that close to 2 billion people are diagnosed with dental cavities of permanent teeth and 514 million children suffer from tooth decay primary teeth worldwide.

On the other hand, the Asia Pacific area noted the peak progression, due to circumstances such as increasing population, rising disposable incomes, comparably permissive regulatory standards, rising dental awareness, and the burgeoning dental tourism sector. Recently, from 9-11 June 2023, the 44th Asia Pacific Dental Congress themed “Achieving Excellence in Dentistry” took place in which more than 5,000 local and global dentists and industry professionals gathered to chart innovative ways for the global dental industry through the 3-day program of lectures, workshops, and exhibitions. This highlights the growing dental awareness in the region and the adoption of cutting-edge dental research and innovations, driving the phosphor plate scanners market eventually.

As per our analysts at KD Market Insights, the following five players lead the North America Phosphor plate scanners market growth:

• Dentsply Sirona
• Planmeca
• Envista Holdings
• Acteon
• Air Techniques

Phosphor Plate Scanners Market Competitive Landscape

Some of the key players who top the global Phosphor plate scanners market share:

• Dentsply Sirona
• Apixia
• Air Techniques
• Trident Dental
• Planmeca
• Acteon Group
• DigiRay Corp.
• Simple & Smart
• Dürr Dental
• Carestream Dental
• CRUXELL Corp.
• Nical S.p.A.
• NewTom
• DentaFilm Medical Equipment
• Dynamic Group
• Fussen Technology
• Zhuhai Siger Medical Equipment

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Phosphor Plate Scanners Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Application
      3. By Region
5. Market Segmentation by Type
   1. 1. Less Than 10 Seconds
      2. 10.1-20 Seconds
      3. More Than 20 Seconds
6. Market Segmentation by Application
   1. 1. Hospital
      2. Dental Clinic
7. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
      2. Market Analysis by Type, and Application
      3. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      4. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      5. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      6. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      7. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
         4. South Korea
         5. Market Size and Forecast
         6. Key Trends and Developments
         7. Market Analysis by Type, and Application
      5. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, and Application
8. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
   3. Medtronic (Ireland)
   4. IBM
   5. Apple Inc.
   6. Siemens Medical Solutions
   7. Pepperl+Fuchs
   8. Cisco
   9. GE Healthcare
9. Strategic Recommendations
10. Appendix
    1. List of Tables
    2. List of Figures
11. References