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Digital radiography or digital radiography (DR) is a modern method of obtaining radiographic images using digital electronic sensors and a digital capture device in place of traditional photographic film. The major factors driving the growth of this market include increasing geriatric population and growing disease incidence, along with favorable regulations, investments, and government initiatives.
New York, October 20, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of “Digital X-Ray Market by Portability, Applications, Technology, System, End Users, Price Range, Type and Region – Global Forecast to 2026 “- https://www.reportlinker.com/p03607250/?utm_source=GNW
The benefits of digital x-ray systems have played a key role in their adoption; their speed and accuracy, as well as fast processing times, enable significantly higher patient screening volumes than ever before. This has prompted companies to focus on product development and innovation. However, these systems are billed at a higher price, slowing their further adoption. Other factors such as declining reimbursements, lack of infrastructure, especially in developing and underdeveloped countries, and potential risks associated with radiation exposure are also expected to hamper the growth of this market.
Fixed digital x-ray systems accounted for the largest share of the global digital x-ray market in 2020
On the basis of portability, the digital radiography market is segmented into fixed digital radiography systems and portable digital radiography systems. Fixed digital x-ray systems include floor-to-ceiling mounted systems and ceiling mounted systems, while digital x-ray systems include mobile x-ray systems and portable x-ray systems.
The fixed digital x-ray systems segment is expected to dominate the market during the forecast period. The availability of efficient and cost-effective solutions and their wide application in diagnostics is expected to lead to the adoption of fixed digital x-ray systems among healthcare providers.
Mobile x-ray systems segment accounted for the largest market share of portable digital x-ray systems market in 2020
Mobile x-ray systems are portable and can be used anywhere. The adoption of mobile x-ray systems is on the rise because they are lightweight and offer benefits such as better image quality, lower radiation exposure, and reduced screening time.
The availability of new advanced mobile x-ray systems is also expected to drive the market growth. For example, in September 2021, GE Healthcare (US) launched AMX Navigate, a mobile digital radiography system.
Likewise, in August 2020, Canon Medical Systems USA, Inc. (USA) introduced the SOLTUS 500 mobile digital radiography system.
An increasing number of facilities to meet the needs of the growing population to support the purchase of digital radiography systems
Based on the end users, the digital x-ray market is segmented into diagnostic centers, hospitals, and dental clinics. Hospitals are expected to dominate the market during the forecast period.
Hospitals are constantly in need of advanced diagnostic systems that enable the screening and diagnosis of large numbers of patients in a short time. It is a key factor in the growth of the market.
APAC market, by region, will register the highest growth rate during the forecast period
The digital x-ray market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The Asia-Pacific market is expected to register the highest growth during the forecast period.
The growth of the digital radiography market in Asia-Pacific is mainly driven by the growth of the geriatric population, especially in Japan; increase disposable income, allowing greater accessibility for advanced technologies; the increasing prevalence of target diseases; and supportive government initiatives. Such factors are helping to boost the digital imaging systems market in this region and attract foreign investment and partnerships.
On the other hand, low hospital budgets, high equipment costs and lack of public investment in some countries limit the growth of the market in Asia-Pacific to some extent.
A breakdown of the main participants mentioned for this report is provided below:
• By type of business: level 1 at 25%, level 2 at 37% and level 3 at 38%
• By designation: C level – 34%, director level – 35% and others – 31%
• By region: North America: 24%, Europe: 32%, Asia-Pacific: 28%, Latin America: 10% and Middle East and Africa: 6%
The digital x-ray market is dominated by Siemens Healthineers (Germany), GE Healthcare (United States), Koninklijke Philips NV (Netherlands), FUJIFILM Holdings Corporation (Japan) and Canon, Inc. (Japan). Other major market players are Carestream Health (US), Shimadzu Corporation (Japan), Hologic Inc. (US), Agfa-Gevaert Group (Belgium), Samsung Medison (South Korea) and Konica Minolta (Japan ).
Research coverage
This report studies the digital x-ray market on the basis of type, application, technology, portability, system, end-user, price range, and region. It also covers factors affecting market growth, analyzes various market opportunities and challenges, and provides details of the competitive landscape for market leaders.
Further, the report analyzes the micromarkets on the basis of their individual growth trends and forecasts the revenue by market segments for five major regions (and the respective countries within these regions).
Reasons to buy the report
The report will enable established companies as well as entering companies / small businesses to take the pulse of the market, which in turn would help them gain a larger market share. Companies purchasing the report can use one or more of the strategies mentioned below to strengthen their presence in the market.
This report provides information on the following pointers:
• Market penetration: comprehensive information on the product portfolios offered by the best players in the digital radiography market
• Product Development / Innovation: detailed information on upcoming trends, R&D activities and product launches in the digital radiography market
• Market development: comprehensive information on lucrative emerging regions
• Market diversification: Comprehensive information on new products, growing geographies and recent developments in the digital x-ray market.
• Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue and product analysis of key market players.
Read the full report: https://www.reportlinker.com/p03607250/?utm_source=GNW
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