Digital X-ray Market Overview:
Maximize Market Research, a Digital X-ray business research firm has published a report on the “Digital X-ray Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).
Estimated Growth Rate for Digital X-ray Market:
Digital X-ray Market size was valued at USD 14.25 Bn. In 2023 and the total Digital X-ray revenue is expected to grow by 9% from 2024 to 2030, reaching nearly USD 26.06 Bn.
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Digital X-ray Market Report Scope and Research Methodology:
The scope of the Digital X-ray market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Digital X-ray market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Digital X-ray sector and capitalizing on growth prospects.
Digital X-ray Market Regional Insights:
Improved dependability and increasing demand drive growth in the Digital X-ray Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Digital X-ray market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.
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Digital X-ray Market Segmentation:
by Modality
Radiography
Fluoroscopy
Mammography
With radiography making for over 48.5% of total revenue in 2023, it led the market. Over the course of the projection period, the category is anticipated to continue to dominate. In order to arrive at a conclusive diagnosis, radiography is typically the initial diagnostic imaging step that physicians recommend for the great majority of patients. because compared to other systems, this one is less expensive, requires less time, and has a wider range of applications. Furthermore, the market for this segment is anticipated to develop as a result of ongoing technological advancements. To assist in automating the acquisition and interpretation of x-ray images, Siemens Healthineers, for instance, unveiled the Ysio X.pree1 X-ray system with integrated AI in June 2020.
by Technology
Digital radiography
Computed radiography
The Computed Radiography (CR) segment held the greatest revenue share of 54.6% in 2023, dominating the x-ray systems market due to its lower startup costs. With cassette-based Phosphor Storage Plates (PSP), CR is the first digital radiography method to replace conventional x-ray film radiography. It has several benefits, including the removal of consumables and a notable decrease in image development time. It has been discovered that computed radiography is much in demand in poorer nations, where the uptake of new technologies is slower.
by Mobility
Stationary
Mobile
In 2023, the stationary x-ray systems segment held a dominant position in the market, contributing 68.0% of the total revenue. The demand for stationary digital x-ray equipment is highest in developing nations, where the adoption of new technologies is delayed. The mobile x-ray systems market is anticipated to expand at the fastest rate of 3.4% over the course of the forecast period. In terms of portability, picture quality, speed, safety, and cost, mobile systems perform better than permanent systems, which makes them easier to use and more adaptable.
by End-Use
Hospitals
Diagnostic imaging centers
Others
Hospitals made for 65.7% of the market in 2023, making it the dominant category. There is a rise in the number of patients visiting hospitals with various chronic diseases, and the x-ray system is a major source of revenue in outpatient settings. Consequently, hospitals regularly install and update these systems. In the upcoming years, it is also anticipated that the demand for new installations would increase due to the expanding partnerships between hospitals and industry actors. For instance, in February 2021, Siemens Healthineers announced a collaboration with the Swiss hospital Kantonsspital Baden. The scope of this collaboration includes training initiatives, research support, and the purchase and upkeep of imaging systems.
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Table of Content: Digital X-ray Market
Part 01: Executive Summary
Part 02: Scope of the Digital X-ray Market Report
Part 03: Global Digital X-ray Market Landscape
Part 04: Global Digital X-ray Market Sizing
Part 05: Global Digital X-ray Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Digital X-ray Market Key Players:
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)
25.Nanox Imaging (Israel)
Key questions answered in the Digital X-ray Market are:
- Who are the leading companies and what are their portfolios in Digital X-ray Market?
- What segments are covered in the Digital X-ray Market?
- Who are the key players in the Digital X-ray market?
- What is Digital X-ray?
- What was the Digital X-ray market size in 2023?
- What is the growth rate of the Digital X-ray Market?
- Which are the factors expected to drive the Digital X-ray market growth?
- What are the different segments of the Digital X-ray Market?
- What growth strategies are the players considering to increase their presence in Digital X-ray?
- What are the upcoming industry applications and trends for the Digital X-ray Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Digital X-ray Market?
- What segments are covered in the Digital X-ray Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- 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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