Carestream Dental Secures Major Investment to Accelerate Innovation in Digital Dentistry

Carestream Dental, a specialist in digital dental products and services, secured new investment as part of a recapitalization to support the continued execution of its strategic innovation agenda. The mentioned investment comes from a consortium of private equity and institutional investors and will help accelerate the development of new Carestream products, its global sales, and improvements in its digital cloud-based offerings. The financing is vital for the development of Carestream’s innovation in dental imaging and practice management solutions, specifically using variation to enhance the treatment outcomes and diagnostic abilities of dentists and other dental care providers.

Dental Services Market Size

As highlighted in a recent Precedence Research’s report, the global dental services market size was USD 453.44 billion in 2023 and is predicted to be worth around USD 731.59 billion by 2033, expanding at a solid CAGR of 4.9% from 2024 to 2033.

Carestream is expected to spend a significant part of the funds on the research and development of dental imaging, 3D printing, and artificial intelligence-powered diagnostics. This enables it to further boost the efficiency and accuracy of services offered in dental procedures. Carestream continues to expand its range of cloud-based services. The company aims at enhancing the processes by making the records and diagnostics more easily accessible and secure that practitioners all over the globe will benefit from them. Through this investment, Carestream Dental intends to capture new geographic territories, promoting the application of sophisticated technologies in areas where demand for dental services is rapidly increasing.

Nowadays, widespread use of digital technology is seen in the dental field, hence cloud-based practice management software. According to the American Dental Association poll, 58% of dental offices in the U.S. had embraced cloud systems to enhance their operations and management of patient records.

Adoption Rates of Cloud-based Dental Software in the U.S. (2020–2024)

Year	Adoption Rate (%)
2020	20
2021	28
2022	37
2023	50
2024	60

Smart technology enables the identification of dental diseases, such as caries, malocclusion, or periodontal diseases, faster and more effectively than traditional technology. However, Carestream’s imaging software helps dentists in decision-making. 3D imaging technology allows precise dental scans, resulting in better treatment plans with a positive impact on the patients. Moreover, Carestream is also conceptualizing the potential use of 3D printing for direct ceramic restorations and orthodontics. Traditional mold impressions are substituted for digital scanners so patients feel comforted as practitioners obtain actual digital models for treatment planning.

Carestream Dental has made it a course to develop better dental imaging equipment and this is expected in a growing dental imaging market. Forecasts suggest a continued steady increase in sales of digital imaging systems since dental practitioners shift from the use of the old film and chart systems to precision image systems in real-time.

Projected Growth of Digital Dental Imaging Systems (2024–2028)

Year	Projected Adoption Rate (%)
2024	65
2025	72
2026	80
2027	85
2028	90

This funding is expected to help enhance diagnostic tools, incorporate customer-oriented treatment approaches, and spread Carestream’s solutions worldwide. Healthcare practices are changing to meet the requirements of the contemporary world, and Carestream Dental’s focus on advances in technology changes dental provision and administration.

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