Digital X-ray Market: Emerging Trends and Developments
According to the new market research report "Digital X-ray
Market by Portability
(Fixed, Portable), Applications (General, Dental, Mammography, Cancer,
Fluoroscopy), Technology (Direct, Computed), System (Retrofit, New), End Users,
Price Range, Type, and Region - Global Forecast to 2026", published
by MarketsandMarkets™, the market is expected to reach USD 16.4 billion by 2026 from an estimated USD 11.1 billion in 2021, at a CAGR of 8.1% from
2021 to 2026.
Browse in-depth TOC on "Digital
X-ray Market"
230 – Tables
45 – Figures
280 – Pages
The major factors driving the growth of this market
include the increasing geriatric population and growth in disease incidence as
well as favorable government regulations, investments, and initiatives. The
advantages of digital X-ray systems have played a key part in their adoption;
their speed and accuracy, as well as quick processing times, allow for
significantly higher patient screening volumes than earlier. This has pushed
companies to focus on product development and innovation.
The direct radiography segment dominated the digital
X-ray market in 2020
Based on technology, the market is segmented into
direct radiography and computed radiography. The direct radiography segment
commanded the largest share of the global market in 2020. The major benefit of
DR-based systems over film and CR systems is that images are sent directly to a
computer screen from the X-ray imaging plate, thereby eliminating the need to
retrieve the image plate for processing images or taking a second X-ray shot.
An effective dynamic range, better medical evaluation, superior and accurate
image capture, reduced radiation exposure for patients and workers, flexibility
in image management, improved patient throughput, superior evaluation of data
and images, and lower operational costs are some of the other advantages of DR
systems. Due to these advantages, the use of DR systems is on the rise.
Portable digital X-ray systems are expected to
register the highest CAGR during the forecasted period
Based on portability, the digital X-ray market is
segmented into fixed digital X-ray systems and portable digital X-ray systems.
Fixed digital X-ray systems include floor-to-ceiling-mounted systems and
ceiling-mounted systems, while portable digital X-ray systems include mobile
X-ray systems and handheld X-ray systems. The portable digital X-ray systems
are expected to grow with the highest CAGR during the forecasted period.
Portable X-ray systems are light and can be transported to any desired location. These systems are especially useful in a variety of radiographic imaging set-ups, including intensive care units, cardiac care units, neonatal intensive care units, operating rooms, emergency rooms, and at the patient's bedside for critically ill patients or patients with mobility challenges.
The retrofit digital X-ray systems segment dominated
the digital X-ray market in 2020
The global digital X-ray systems market is divided
into new and retrofit digital X-ray systems. The retrofit digital X-ray systems
segment is expected to dominate the market during the forecast period. The
large share of this segment can be attributed to the greater adoption of
retrofit systems among end users due to their lower cost compared to new
digital X-ray systems.
Hospitals were the key end-users in the digital
X-ray market in 2020
Based on end users, the X-ray market is segmented
into diagnostic centers, hospitals, and dental care centers. Hospitals are
expected to dominate the market during the forecast period. Hospitals constantly
require advanced diagnostic systems that enable the screening and diagnosis of
a large number of patients in a short time period. This is a key factor driving
market growth.
The general applications segment dominated the
digital X-ray market by applications in 2020
Based on applications, the market is segmented into general radiography, dental applications, fluoroscopy, cancer, and mammography applications. The general radiography segment is expected to dominate this market during the forecast period. Growth in this market can be attributed to the increasing prevalence of target diseases, high demand for early diagnosis and diagnostic imaging, and technological advancements in the digital X-ray systems market.
Asia
Pacific is expected to see the highest growth in the
digital X-ray market by region
The digital X-ray market is segmented into five
major regions—North America, Europe, Asia Pacific, Latin America,
and the Middle East & Africa. North America is
the largest regional market for digital X-ray systems, whereas the Asia Pacific market
is estimated to grow at the highest CAGR during the forecast period.
Growth in the digital X-ray market in the Asia Pacific is
mainly driven by the growing geriatric population, particularly in Japan;
increasing disposable incomes, allowing for greater affordability for advanced
technologies; the rising prevalence of target diseases; and favorable
government initiatives. Such factors help to drive the market for digital
imaging systems in this region and draw foreign investments and partnerships.
The digital X-ray market is dominated by Siemens Healthineers
(Germany),
GE Healthcare (US), Koninklijke Philips N.V. (Netherlands),
FUJIFILM Holdings Corporation (Japan),
and Canon, Inc. (Japan).
The other leading market players include Carestream Health (US), Shimadzu
Corporation (Japan),
Hologic Inc. (US), Agfa-Gevaert Group (Belgium),
Samsung Medison (South
Korea), and Konica Minolta (Japan).
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Contact:
Sanjay S
Team Lead
Email : sanjay.sutar@marketsandmarkets.com