Digital X-Ray Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Digital X-ray devices use digital x-ray sensors instead of films to capture images. This results in immediate preview of the images that ultimately improves time efficiency and capacity to digitally transfer images. The major advantages of digital imaging are cost-effectiveness and easy accessibility. The hospitals are able to cut the cost by lowering the film price, reducing the requirement of storage space, and decreasing the number of people required to run the services and archive sections. The images are also instantly available for distribution to the clinical services without the time and physical effort needed to retrieve film packets, and reviewing previous imaging on a patient is much easier. This factor majorly impacts the positive growth of the digital X-ray devices market.

MARKET SCOPE

The "Global Digital X ray Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Digital X ray market with detailed market segmentation by type, system, application, technology, modality, end user and geography. The report provides key statistics on the market status of the leading Digital X ray market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global Digital X ray market is segmented into Analog X-Ray and Digital X-Ray.
  
•   Based on System, the market is categorised into Retrofit Digital X-Ray Systems and New Digital X-Ray Systems.
  
•   Based on Application, the market is categorised into General Radiography, Mammography, Fluoroscopy and Dental Applications.
  
•   Based on Technology, the market is categorised into Direct Radiography and Computed Radiography.
  
•   Based on Modality, the market is categorised into Fixed Digital X-Ray Systems and Portable Digital X-Ray Systems.
  
•   Based on End User, the market is categorised into Hospitals,, Diagnostic centers and Others.
  

MARKET DYNAMICS

Drivers:

•   Technological developments in Digital X ray technologies.
  
•   Surging burden of chronic diseases such as cancer, neurological diseases, dental problems, cardiac diseases, and musculoskeletal disorders.
  
•   Increasing incidence of COVID-19, the need for effective diagnosis
  
•   Presence of reimbursement for medical x-ray
  

Restraints

•   Risk of high radiation exposure
  
•   High cost associated with installation
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Digital X ray market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Digital X ray market in these regions.

IMPACT OF COVID-19 ON DIGITAL X RAY MARKET

The problem of the global pandemic of COVID 19 has disrupted many businesses. Small businesses have shut down or have shown a downfall in their earnings. The COVID 19 is highly infectious and spread through human interaction. The COVID-19 pandemic has turned on the spotlight on diagnostic imaging, particularly on digital X-ray devices. Digital imaging plays a key role in the diagnosis of COVID-19 and indicates the affected lung tissue in infected patients. In Dec 2021 Agfa HealthCare launched its new SmartXR for X-ray Artificial Intelligence (AI) for Digital Radiography portfolio to provide assistance during the radiology routine, which has proven important during the COVID-19 crisis. Thus, in view of the ongoing pandemic, the digital X-rays devices market is expected to be positively impacted by COVID-19 accurate diagnosis and treatment.

MARKET PLAYERS

The report covers key developments in the Digital X ray market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Digital X ray market are anticipated to lucrative growth opportunities in the future with the rising demand for Digital X ray in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Digital X ray market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Siemens Healthineers
  
•   Koninklijke Philips
  
•   GE Healthcare
  
•   Shimadzu
  
•   Canon
  
•   Carestream Health
  
•   Fujifilm
  
•   Hitachi
  
•   Hologic
  
•   Agfa-Gevaert
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Digital X-Ray Report Scope