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Intraoral/IOL Scanners Market worth $1.0 billion | MarketsandMarkets

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CHICAGO, July 17, 2023 /PRNewswire/ — The intraoral/intraoral scanners industry is poised for significant growth and advancements in the near future. With the increasing demand for digital dentistry and the growing adoption of intraoral scanning technology, this industry is set to revolutionize the way dental professionals capture and analyze oral structures. Intraoral scanners offer numerous advantages over traditional dental impressions, including faster and more accurate data acquisition, improved patient comfort, and enhanced workflow efficiency. With ongoing research and development, the near future holds the promise of even more compact, user-friendly, and technologically advanced intraoral scanners. These advancements are expected to expand the applications of intraoral scanning, ranging from restorative dentistry and orthodontics to implant planning and digital smile design. Furthermore, the integration of artificial intelligence and cloud-based platforms will enable seamless data management, analysis, and collaboration among dental teams. With its potential to enhance patient care, improve treatment outcomes, and streamline dental workflows, the intraoral/intraoral scanners industry is set to play a pivotal role in the future of digital dentistry.

Intraoral/IOL Scanners Market in terms of revenue was estimated to be worth $0.6 billion in 2023 and is poised to reach $1.0 billion by 2028, growing at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Developing countries such as China, India, Mexico, Brazil, New Zealand, the Middle East, and other APAC and Latin American countries present a lucrative opportunity for players in the market. This is mostly due to their expanding middle-class population, increasing disposable incomes, and the rising demand for dental tourism.

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Intraoral/IOL Scanners Market Scope:

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Report Coverage

Details

Market Revenue in 2023

$0.6 billion

Estimated Value by 2028

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$1.0 billion

Growth Rate

Poised to grow at a CAGR of 11.0%

Market Size Available for

2023-2028

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Forecast Period

2023–2028

Forecast Units

Value (USD Billion)

Report Coverage

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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Intraoral Scanner –End User, Application, Modality, and Region

Geographies Covered

Asia Pacific, North America, Europe, Latin America, the Middle East and Africa

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Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Potential for growth in emerging countries

Key Market Drivers

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Technological advancements in intraoral scanners

 

“During the forecast period, the wired scanner is expected to be the fastest growing segment of the intraoral scanner market.”

Under modality, the wired scanner is forecasted to grow at the highest CAGR from 2023 to 2028. The primary drivers of this market are the introduction of new technologies, which provide advantages for patients in terms of low operating costs and less time consumption. As the majority of wired scanners operate through plug-and-play technology, there is no depletion of the battery as the scanner uses the power from the computer or a laptop. These scanners provide detailed and accurate 3D impressions for better diagnosis and treatment plans.

“In 2022, by end-user, dental hospitals clinics segment held the largest share of intraoral scanner market.”

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By end user, the intraoral scanner market can be segmented into dental hospitals and clinics segment, dental research and academic institutes, and other end users. Due to the large adoption of the intraoral scanner market at dental hospitals and clinics, this segment occupied the largest share of the market in 2022. Additionally, there has been an increase in rise in demand for clear aligners and dental tourism, which has contributed to the growth of the market.

“During the forecast period, Asia Pacific is expected to be the fastest growing region in the intraoral scanner market. “

The intraoral scanner is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa. Asia Pacific is expected to be the fastest-growing region in the intraoral scanner market during the forecast period. Growth in the Asia Pacific intraoral scanner market is driven by the growing geriatric population, growing dental tourism in major Asian markets such as India, and factors such as the increasing number of dental professionals, the rising incidence of dental diseases, and the growing number of tooth repair procedures.

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Intraoral/IOL Scanners Market Dynamics:

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Drivers:

  1. Technological advancements in intraoral scanners

Restraints:

  1. High cost of intraoral scanners and dental procedures

Opportunities:

  1. Potential for growth in emerging countries

Challenges:

  1. Dearth of trained dental practitioners

Key Market Players:

The key players in the intraoral scanner market include DENTSPLY SIRONA Inc (US), 3Shape (US), Envista Holdings Corporation (US), Medit Corp. (South Korea), and Align Technology Inc. (US).

Recent Developments:

  • In September 2022, DENTSPLY SIRONA Inc. launched a new laptop version of the prime scan intraoral scanner. It provides easy scanning of the intraoral cavity.
  • In September 2022, one of the market leaders, 3Shape, introduced TRIOS 5 Wireless, a completely new, state-of-the-art intraoral scanner designed to make it easier than ever for dentists to go digital with their dentistry.
  • In July 2021, DENTSPLY SIRONA Inc. (US) partnered with 3 Shape (Denmark) To provide better access for TRIOS users to SureSmile Clear aligners.

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Intraoral/IOL Scanners Market Advantages:

  • Accurate Digital Impressions: Intraoral/intraoral scanners provide precise and detailed digital impressions of oral structures, eliminating the need for messy and uncomfortable traditional dental impressions. This improves the accuracy of treatment planning and enables better-fitting restorations and prosthetics.
  • Enhanced Patient Comfort: Compared to traditional dental impressions, intraoral scanners offer a more comfortable experience for patients. They eliminate the need for uncomfortable trays and materials, reducing patient anxiety and improving overall satisfaction.
  • Time Efficiency: Intraoral scanners enable faster data acquisition and processing, resulting in streamlined workflows and reduced chairside time. Dentists can quickly capture digital impressions and immediately view and analyze them on a computer screen, expediting the treatment planning process.
  • Improved Treatment Outcomes: The high accuracy of intraoral scanners leads to improved treatment outcomes. Precise digital impressions allow for better-fitting restorations, crowns, bridges, and orthodontic appliances, reducing the need for adjustments or remakes and enhancing patient satisfaction.
  • Integration with CAD/CAM Systems: Intraoral scanners seamlessly integrate with computer-aided design and computer-aided manufacturing (CAD/CAM) systems. The digital impressions can be directly used to design and fabricate dental restorations, prosthetics, and appliances, resulting in efficient and precise manufacturing processes.
  • Technological Advancements: The intraoral/intraoral scanners market is driven by continuous technological advancements. Compact, user-friendly, and technologically advanced scanners are being developed, incorporating features such as artificial intelligence and machine learning algorithms to further improve accuracy, automate processes, and enhance diagnostic capabilities.
  • Enhanced Communication and Collaboration: Digital impressions captured by intraoral scanners can be easily shared with dental laboratories and other dental professionals, facilitating real-time communication and collaboration. This leads to improved coordination, faster turnaround times, and better overall treatment outcomes.
  • Cost-effectiveness: Intraoral scanners can contribute to cost savings in the long run. They reduce the need for traditional impression materials and shipping costs associated with physical impressions, while also minimizing the chances of remakes or adjustments.

Related Reports:

Dental 3D Printing Market – Global Forecasts to 2028

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Dental Consumables Market – Global Forecasts to 2027

Dental Equipment Market – Global Forecasts to 2027

Orthodontic Supplies Market – Global Forecasts to 2027

Restorative Dentistry Market – Global Forecasts to 2027

About MarketsandMarkets™:

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025

WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.

The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.

“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”

Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.

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About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

Media Contact

BlocksBridge Consulting
[email protected] 

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.

For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.

For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.

“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,”  said Joan Han, Sales and Marketing Director at Bybit.

The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:

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  • Up to 10% cashback in USDT, BTC and ETH on eligible purchases
  • Zero fees for instant virtual card issuance
  • Zero annual or hidden fees
  • Up to 8% APY

Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!

#Bybit / #TheCryptoArk #theBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Blockchain Press Releases

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.

From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:

Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.

As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.

Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.

Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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