Blockchain Press Releases
Intraoral/IOL Scanners Market worth $1.0 billion | MarketsandMarkets
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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Browse in-depth TOC on “Intraoral/IOL Scanners Market”
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Intraoral/IOL Scanners Market Scope:
|
Report Coverage |
Details |
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Market Revenue in 2023 |
$0.6 billion |
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Estimated Value by 2028 |
$1.0 billion |
|
Growth Rate |
Poised to grow at a CAGR of 11.0% |
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Market Size Available for |
2023-2028 |
|
Forecast Period |
2023–2028 |
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Forecast Units |
Value (USD Billion) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
Intraoral Scanner –End User, Application, Modality, and Region |
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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 |
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Key Market Opportunities |
Potential for growth in emerging countries |
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Key Market Drivers |
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.”
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:
Drivers:
- Technological advancements in intraoral scanners
Restraints:
- High cost of intraoral scanners and dental procedures
Opportunities:
- Potential for growth in emerging countries
Challenges:
- 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
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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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.
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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
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- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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Blockchain Press Releases
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
DUBAI, UAE, Nov. 14, 2024 /PRNewswire/ — The highly anticipated Web3 Oscar, a prestigious event hosted by the Blockchain for Good Alliance (BGA), celebrating blockchain projects driving real-world impact aligned with the UN’s 17 Sustainable Development Goals (SDGs). Industry leaders gathered in Bangkok to honour innovators shaping a sustainable future.
The event was part of BGA’s November lineup, featuring two major initiatives for global change through blockchain: the Sustainable Innovation Summit and the Web3 Oscar Awards.
Sustainable Innovation Summit: A Hackathon for Social Impact
Held from September 9 to November 11, 2024, the Sustainable Innovation Summit hosted a hackathon with a $100,000 prize pool, inviting participants worldwide to create blockchain solutions addressing key issues such as poverty, clean water access, and gender equality. The summit concluded with a Demo Day at the Grand Hyatt Erawan in Bangkok, where finalists showcased their projects to blockchain pioneers, investors, and industry leaders, with opportunities for incubation support and equity-free funding.
Rising Stars
In a cinematic presentation style, 10 shortlisted projects from across the globe, participating in the Sustainable Innovation Summit’s 17 SDGs Challenge, took the stage. Each team presented their blockchain solutions to address sustainability challenges, telling the story of a “hero” confronting a global crisis (one of the 17 SDGs), with blockchain as the “tool” they wield for change.
Winners for the 17 SDGs Challenge:
- 1st Place: Grand Social Impact Award 🥇 EthicHub
- 2nd Place: Outstanding Social Innovation Award 🥈 Plastic Odyssey
- 3rd Place: Emerging Impact Award 🥉 ResearchHub
Rising Star Awards (top 10 projects, in no specific order):
- Wavy Health
- LAKE (LAK3)
- KulaDAO
- erable°
- arkreen
- UCO Network
- Edu3Labs
Web3 Oscar Awards: Honouring Leaders in Blockchain for Social Good
Coinciding with the hackathon’s Demo Day on November 11, the BGA Web3 Oscar Award recognizes individual contributions to blockchain for social good across three categories, with up to 7 total winners.
Each category highlights individual efforts aligning with BGA’s mission.
The Collaboration Bridge Award honours individuals who have played a vital role in guiding the strategic direction of the Blockchain for Good Alliance (BGA). This year’s recipients are:
- Harn, CEO of Trigger Asset Management
- Mariana de la Roche Wills from INATBA (International Association for Trusted Blockchain Applications) and de la Roche W. Consulting
The Public Welfare Contribution Award celebrates individuals who have harnessed #BlockchainForGood. This award was presented to:
- BreeAnne Yek, Consultant at The Verdant Room
- Milica Dimitrijevic from Positiveblockchain.io
These individuals have demonstrated remarkable dedication, guidance, and pioneering work, significantly advancing the mission of the Blockchain for Good Alliance (BGA) in promoting sustainable development through blockchain technology.
In her closing remarks, Helen Liu, Co-founder and COO of Bybit and founder of BGA, explained how blockchain can bring people together to make a real difference worldwide. Her vision for leveraging blockchain to create worldwide impact was both inspiring and forward-thinking.
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.
For more information
Email: [email protected]
Website: www.blockchainforgood.xyz
Twitter: www.twitter.com/chainforgood
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