According to a Comprehensive Research Report by Maximize Market Research,Digital X-ray Market Research Report Information By Modality , By Technology , By Mobility , by End-use and By Region –Market Forecast Till 2029 - Digital X-ray Market size was valued at USD 13.08 Bn. In 2022 and the total Digital X-ray revenue is expected to grow by 9% from 2023 to 2029, reaching nearly USD 23.9 Bn.
The report provides an analysis of both the current and future conditions in the Digital X-ray Market, delivering valuable insights and the latest information across essential segments. Within the context of the Digital X-ray market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Digital X-ray market, including the projected Digital X-ray sales during the forecast period.
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Digital X-ray Market Report Scope and Research Methodology
The primary goal of the Digital X-ray market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the Digital X-ray market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR's research undertakes a thorough exploration of the Digital X-ray market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective Digital X-ray market entrants. Moreover, the global report for the Digital X-ray market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.
Digital X-ray Market Segmentation
Global Digital X-ray Market Size, by Modality (2022-2029)
• Radiography
• Fluoroscopy
• Mammography
Depending on Modality The market was led by radiography in 2022, accounting for more than 48.5% of total revenue. Over the forecast period, the segment is anticipated to continue to rule. Radiography is typically the first diagnostic imaging step that doctors advise their patients to undergo in order to reach a final diagnosis. because compared to other systems, this one is less expensive, takes less time, and has a wide range of applications. Furthermore, the market for this niche is anticipated to develop as a result of rising technical advancements. For instance, Siemens Healthineers unveiled the Ysio X.pree1 X-ray system with integrated AI in June 2020 to aid in automating the acquisition and interpretation of x-ray images.
Due to the rising incidence of breast cancer, the mammography segment is also anticipated to rise significantly throughout the forecast period.
Global Digital X-ray Market Size, by Technology (2022-2029)
• Digital radiography
• Computed radiography
Considering technology The Computed Radiography (CR) sector, which had lower beginning costs and accounted for the biggest revenue share of 54.6% in 2021, dominated the market for x-ray systems. With cassette-based Phosphor Storage Plates (PSP), CR is the first digital alternative to conventional x-ray film radiography. It offers a number of benefits, including the elimination of consumables and a significant reduction in image production time. It has been discovered that computed radiography is much in demand in underdeveloped nations, where the adoption of new technologies is slower.
During the projected period, the Digital Radiography (DR) segment is anticipated to increase at the fastest rate. There is a rising demand for DR (FPD) since this system uses flat panel detectors to provide high-contrast resolution images at lower ionising radiation.
Global Digital X-ray Market Size, by Mobility (2022-2029)
• Stationary
• Mobile
Based on Mobility, the stationary x-ray systems market segment held a commanding lead in 2022, contributing 68.0% of total revenue. It has been discovered that stationary Digital x-ray systems are in great demand in underdeveloped nations, where the adoption of new technology is slower. The sector for mobile x-ray systems is anticipated to expand at the fastest rate, 3.4%, during the course of the forecast period. In terms of portability, picture quality, speed, safety, and cost, mobile systems perform better than permanent systems, making them easier and more flexible to use.
Global Digital X-ray Market Size, by End-use (2022-2029)
• Hospitals
• Diagnostic imaging centers
• Others
according to the end-use, Hospitals led the market in 2022, bringing in 65.7% of total revenue. There is a surge in people visiting hospitals with various chronic diseases, and the x-ray system is a substantial source of income in outpatient settings. As a result, hospitals constantly install and update these systems. In addition, expanding partnerships between hospitals and industry participants are anticipated to increase demand for new installations in the upcoming years. For instance, in February 2021, Swiss hospital Kantonsspital Baden and Siemens Healthineers established a cooperation for the purchase and upkeep of imaging systems, training initiatives, and research support.
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Digital X-ray Market Regional Insights
The different section on regional segmentation gives the regional aspects of the global Digital X-ray Market. This chapter describes the regulatory landscape that is expected to impact the market. It highlights the political landscape in the market and forecasts its influence on the Digital X-ray market globally. The presence and availability of global brands with the challenges they confront due to severe competition from local and domestic brands, the impact of domestic tariffs, and trade channels, are all taken into account. The Digital X-ray report covers the five regions and their country-wise distribution are:
North America - (U.S., Canada, and Mexico)
Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America - (Brazil, Argentina, Colombia, and Rest of South America)
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Key Companies in the Digital X-ray Market include
1. GE HealthCare Technologies Inc. (US) 2. Carestream Health (US) 3. Danaher Corporation (US) 4. Sirona Dental Systems Inc. (US) 5. ALLPRO Imaging (US) 6. Varex Imaging Corporation (US) 7. MinXray, Inc (US) 8. Hologic Inc (US) 9. Holston Medical Group (US) 10.Teledyne Technologies (US) 11.KA Imaging Inc (Canada) 12.Canon (Japan) 13.FUJIFIlM Holding Corporation (Japan) 14.Konica Minolta, Inc. (Japan) 15.Shimadzu Corporation (Japan) 16.Hitachi, Ltd. (Japan) 17.Samsung Medison Co., Ltd. (South Korea) 18.Mindray Medical International Limited (China) 19.Siemens Healthineers AG (Germany) 20.Acteon Group Ltd (UK) 21.Koninklijke Philips N.V. (Netherlands) 22.Agfa-Gevaert N.V. (Belgium) 23.Detection Technology PLC (Finland) 24.Vidisco Ltd. (Israel)
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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