Digital X-Ray Market To Expand At A Significant Growth Rate In The Forthcoming Years

Digital X-Ray Market To Expand At A Significant Growth Rate In The Forthcoming Years

Pune, India, October, 2022 /press release/- Market Research Future Published a upcoming Research Report on Digital X-rays Market Research Report.


Market Overview:


Advancement in technology is aiding the healthcare sector in upgrading the traditional diagnosis techniques with highly efficient medical devices. Digital X-ray is one such upgraded form of X-ray imaging, where digital image capturing devices are used instead of photographic films. Market Research Future (MRFR) has published a detailed report stating that the global digital X-ray market is marked to expand at a significant growth rate in the forthcoming years. The Digital X-rays Market is anticipated to reach USD 18.6 Billion by 2030 at a 4.2% CAGR during the forecast period 2022-2030.


Market Drivers and Restraints:


Rise in prevalence of chronic as well as acute diseases owing to the changing lifestyle and dietary habits is inducing high demand for advancement in medical devices. With the adoption of advanced technology and development of automated medical devices that assist in diagnosis and treatment procedures, the demand for digital X-ray systems has increased, resulting in the significant expansion of the global digital X-ray market


Digital X-rays improves the time efficiency of radiography process by immediate image preview, printing and transferring ability. By eliminating the film processing steps, digital X-ray proves to be a cost-effective alternative for traditional radiography. Moreover, digital X-ray reduces the body surface exposure to harmful radiations as fewer radiations are used for producing an image that is similar to conventional radiography and functions by utilizing special image processing techniques which enhance the display quality of the obtained images


The multiple benefits of digital X-ray systems that have aided their application in various industries other than healthcare sector are inducing high demand for digital X-ray, leading to the expansion of the global digital X-ray market. However, low penetration of advanced healthcare technology in underdeveloped regions and lack of details in projecting human anatomy are likely to restrain the growth of the global digital X-ray market.


Market Segmentation:


The global digital X-ray market has been segmented on the basis of application, technology, portability and end user. Based on application, the digital X-ray market has been segmented into general radiography, dental applications, mammography and fluoroscopy. Based on technology, the digital X-ray market has been segmented into computed radiography and direct radiography. Based on portability, the digital X-ray market has been segmented into fixed digital X-ray systems and portable digital X-ray systems. Based on end user, the digital X-ray market has been segmented into diagnostic centers and hospitals.


Regional Analysis:


Geographically, the global digital X-ray market has been segmented into four major regions such as North America, Europe, Asia Pacific and the rest of the world. The digital X-ray market in the North America region is projecting significant growth in the global market owing to the rapid adoption of technologically advanced medical devices for diagnosis and treatment purpose and increasing investment for the automation of healthcare sector in this region. The Asia Pacific region is on the upward trajectory in the global digital X-ray market owing to the rapidly growing geriatric population, increasing disposable income leading to increased affordability of technologically advanced diagnostic techniques and favorable government initiatives for the automation of healthcare sector in this region. The digital X-ray market in the Europe region is expanding at a notable growth rate owing to the high demand for automated services in the well-developed healthcare sector and increased research for the development of highly efficient medical devices by the large pool of manufacturers in this region.


Key players:


The leading players operating in the global digital X-ray market are Koninklijke Philips N.V., GE Healthcare, Canon Inc., Carestream Health, Philips Healthcare, Shimadzu Corporation, Seimens AG, Konica Minolta Inc., Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Fujifilm Corporation, Samsung Medison Co. Ltd and others.

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