WASHINGTON, D.C., USA/LONDON, UK: A U.S. business conglomerate is leading the global market for dental radiology equipment, Dental Tribune ONLINE has learned. According to a report released by business information platform companiesandmarkets.com, D.C.-based Danaher had the largest share in the US$2.1 billion market in 2010, followed by companies like Planmeca, Sirona Dental Systems and Kodak.
The report also estimates the overall global market for dental radiology equipment to grow by 5% during 2010-2017, a number slightly lower than the average growth rate of all dental equipment segments combined.
Danaher, which is involved into five other industry segments besides dentistry, owns a number of dental businesses including German imaging specialist KaVo or DEXIS. They also recently acquired PaloDEx Holding, a Finish company, that prior held the Instrumentarium Dental and SOREDEX brands.
The company currently generates revenues of more than US$13 billion annually, of which approx. 4 per cent or US$500 million derive from selling dental imaging equipment.
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