North America dominates the dental radiology and dental imaging devices market in the Americas region, holding the largest market share. It is projected to surge from $1,240.0 million in 2016 to an estimated $2,118.5 million by 2023. The Latin America market is also expected to witness substantial growth, with a compound annual growth rate (CAGR) of 6.3% from 2017 to 2023.
Within the market segmentation based on methods, the intraoral segment is anticipated to secure the largest market share in the Americas dental radiology and dental imaging devices market. It is expected to reach $1,262.8 million by 2023, displaying a noteworthy increase from $735.5 million in 2016. The extraoral market is poised to be the second-largest, with a CAGR of 7.9% during the period from 2017 to 2023.
Examining the market by devices, dental imaging devices take the lead, holding the largest market share in the Americas dental radiology and dental imaging devices. It is projected to grow from $1,137.7 million in 2016 to an estimated $1,889.0 million by 2023. However, the dental radiology devices market is expected to exhibit a CAGR of 7.9% from 2017 to 2023.
Applications also play a significant role in the market, with diagnosis applications holding the largest market share in the Americas dental radiology and dental imaging devices. This segment is expected to reach $1,023.5 million by 2023 from $590.3 million in 2016. Meanwhile, the cosmetic market is predicted to grow at a CAGR of 7.9% from 2017 to 2023.
In terms of imaging types, 2D imaging is the predominant segment, set to reach $1,462.7 million by 2023 from $892.1 million in 2016. On the other hand, the 3D imaging market is forecasted to grow at a CAGR of 8.0% from 2017 to 2023.
Hospitals and dental clinics are the major contributors to the market in the Americas, holding the largest market share and expected to reach $1,391.0 million by 2023 from $808.4 million in 2016. However, forensic laboratories are anticipated to grow at a CAGR of 8.0% from 2017 to 2023.
Zooming in on the North American market, which includes the United States and Canada, similar trends are observed. Intraoral imaging methods are expected to dominate, reaching $1,027.6 million by 2023 from $585.8 million in 2016. Extraoral imaging is projected to be the second-largest market, growing at a CAGR of 8.3% from 2017 to 2023.
Within the devices segment, dental imaging devices are anticipated to maintain their lead in the North America dental radiology and dental imaging devices market. It is expected to reach $1,556.0 million by 2023 from $918.2 million in 2016. Meanwhile, the dental radiology devices market is forecasted to grow at a CAGR of 8.3% from 2017 to 2023.
Diagnosis applications are predicted to dominate, reaching $827.5 million by 2023 from $467.3 million in 2016, while the cosmetic market is poised to grow at a CAGR of 8.3% from 2017 to 2023.
In the imaging types category, 2D imaging continues to be the frontrunner, projected to reach $1,192.84 million by 2023 from $712.56 million in 2016. Meanwhile, 3D imaging is expected to grow at a CAGR of 8.4% from 2017 to 2023.
