Digital Radiology Devices Market Research Report - Global Forecast till 2030

Digital Radiology Devices Market Research Report Information by Type (Stationary Digital Radiology Systems, Portable Digital Radiology Systems), Method (Computed Radiography (CR), Direct Radiography (DR)), Application (Cardiovascular Imaging, Chest Imaging, Dental Imaging, Mammography Imaging, Orthopedic Imaging), End User (Hospitals & Clinics, Diagnostic Centers) - Forecast till 2030

ID: MRFR/HC/6501-HCR | 100 Pages | Author: Rahul Gotadki | September 2023         

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Digital Radiology Devices Market Scenario

The digital radiology devices market is projected to reach USD 6.3 Billion by 2030 at 11.7% CAGR during the forecast period 2022-2030

The digital radiology device is a segment of the imaging devices market. Digital radiology devices the fastest growing segment for the global imaging devices. Digital radiology device is one of the major segment of the imaging device and is expected to grow at the fastest growth rate. The major factors influencing the growth of the market include; rising economic growth, increasing growth in technological advancement in the field of medical devices, increasing demand for portable imaging devices, increasing applications of digital radiology.

Dentistry is one of the applications of digital radiology devices. Newly emerging models for patient care are evolving clinical environments for dentists. It is expected that digital radiology device is to replace traditional manufacturing in the near future due to various reasons which include better predictability, increased accuracy, increased efficiency, and cost-effectiveness. These emerging models have hiked the growth of Dental Service Organizations. DSOs stand to gain a more dominant presence in the dental industry. According to study, Dental Service Organizations (DSOs) currently comprise about 7% of the dental market, but they are expected to grow to about 20% of the market as DSOs enable dentists to invest in new technology. In addition, many of the dentists joining DSOs are more likely to incorporate these technologies into their practices. Hence, DSOs will help in driving the market for digital radiology device globally.

However, factors such as the risk of ionizing radiations for children and teens and high-cost surgery device are hampering the growth of the market.

Digital Radiology Devices Market Segment Insights

The digital radiology devices market has been segmented into type, method, application, and end user.

Based on type, market segmented into stationary digital radiology systems, (Ceiling-mounted systems, Floor-to-ceiling mounted systems) and portable digital radiology systems (Handheld radiology systems, Mobile radiology systems)

On the basis of method, the market is segmented into computed radiography (CR) and direct radiography (DR)

Based on application, the market of digital radiology devices is segmented into cardiovascular imaging, chest imaging, dental imaging, mammography imaging, orthopedic imaging, and others.

Based on end user, the market of digital radiology devices is segmented into hospitals and clinics, diagnostic centers, and others.

The market for digital radiology devices, by region, has been segmented, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market of Digital Radiology Devices in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European Digital Radiology Devices market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The market for Digital Radiology Devices in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The market for Digital Radiology Devices in the Middle East & Africa has been segmented into the Middle East and Africa.

Key Players

Some of the prominent players in the market are Agfa-Gevaert Group,Canon Inc, Carestream Health Inc, Fujifilm Holdings Corporation, General Electric Company, Hitachi, Ltd., Konica Minolta, Inc, Koninklijke Philips N.V., Siemens, Varian Medical Systems, Inc, Shimadzu Corporation, Hologic, Nucleotech Medical Systems International Limited, Protec GmbH & Co. KG

Regional Market Summary

Digital Radiology Devices Market Share (%), by RegionDigital Radiology Devices Market

Source: Annual Reports and Sec filings

Geographically, the Americas is anticipated to dominate the digital radiology devices industry owing to the presence of a huge patient population, increasing adoption of advanced technology in the field of diagnostics device, high healthcare expenditure, and the presence of major players in the region.

Europe is expected to hold the second largest position in the market of digital radiology devices.

Asia-Pacific is the fastest market growing digital radiology devices owing to the increasing demand for better imaging devices, the presence of a huge patient pool and rapidly improving the technology. Moreover, many manufacturers are trying to expand their presence in the region due to rapidly growing economies and the increasing availability of funds, and growing demand for the advanced imaging devices.

The Middle East and Africa market for digital radiology devices is expected to grow at a steady pace.

Digital Radiology Devices Market Segmentation

Digital Radiology Devices Type Outlook

  • Stationary digital radiology systems

    • Ceiling-mounted systems

    • Floor-to-ceiling mounted systems

  • Portable digital radiology systems

    • Handheld radiology systems

    • Mobile radiology system

Digital Radiology Devices Method Outlook

  • Computed radiography (CR)

  • Direct radiography (DR)

Digital Radiology Devices Application Outlook

  • Cardiovascular imaging

  • Chest imaging

  • Dental imaging

  • Mammography imaging

  • Orthopedic imaging

  • Others

Digital Radiology Devices End User Outlook

  • Hospitals & Clinics

  • Diagnostic centers

  • Others

Digital Radiology Devices Region Outlook

  • Americas

    • North America

      • US

      • Canada

    • South America

  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe

    • Eastern Europe

  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific

  • Middle East & Africa

    • Middle East

    • Africa

Intended Audience

  • Digital radiology devices manufacturers

  • Digital radiology devices distributors

  • Hospitals, clinics, and associations

  • Diagnostics centers

  • Private insurance companies

  • Government agencies

  • Various research and consulting firms

Frequently Asked Questions (FAQ) :

Digital radiology devices market is projected to grow at a 11.7% CAGR between 2022-2030.

The Americas is expected to dominate the digital radiology devices market.

Growing demand for portable imaging devices and increasing applications are the key factors driving the digital radiology devices market.

High cost of surgery device may limit the digital radiology devices market growth.

Digital radiology devices are widely used in dental imaging, chest imaging, cardiovascular imaging, and others.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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