Dental News - Radiology market grows moderately, led by Danaher

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Radiology market grows moderately, led by Danaher

(DTI/Photo Alex Staroseltsev/Shutterstock)
Daniel Zimmermann, DTI

Daniel Zimmermann, DTI

Wed. 24 August 2011

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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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