The major factors driving the growth of Digital X-ray Market include the increasing geriatric population and growth in disease incidence as well as favorable government regulations, investments, and initiatives. The advantages of digital X-ray systems have played a key part in their adoption; their speed and accuracy, as well as quick processing times, allow for significantly higher patient screening volumes than earlier. This has pushed companies to focus on product development and innovation.
The global digital X-ray market is
expected to reach USD 16.4 billion by 2026 from an estimated USD 11.1 billion
in 2021, at a CAGR of 8.1% from 2021 to 2026.
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Market Segmentation: -
·
Based on technology, the market is segmented into
direct radiography and computed radiography. The direct radiography segment
commanded the largest share of the global market in 2020.
·
Based on portability, the digital X-ray market is
segmented into fixed digital X-ray systems and portable digital X-ray systems.
Fixed digital X-ray systems include floor-to-ceiling-mounted systems and
ceiling-mounted systems, while portable digital X-ray systems include mobile
X-ray systems and handheld X-ray systems.
·
The global digital X-ray systems market is divided
into new and retrofit digital X-ray systems. The retrofit digital X-ray systems
segment is expected to dominate the market during the forecast period.
·
Based on end users, the X-ray market is segmented
into diagnostic centers, hospitals, and dental care centers. Hospitals are
expected to dominate the market during the forecast period.
·
Based on applications, the market is segmented into
general radiography, dental applications, fluoroscopy, cancer, and mammography
applications. The general radiography segment is expected to dominate this
market during the forecast period
Regional
Analysis: -
The digital X-ray market is segmented into five
major regions—North America, Europe, Asia Pacific, Latin America,
and the Middle East & Africa. North America is
the largest regional market for digital X-ray systems, whereas the Asia Pacific market
is estimated to grow at the highest CAGR during the forecast period.
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Recent Developments:-
- In March 2021,
Koninklijke Philips N.V. (Netherlands) received US FDA 510(k) clearance
for CombiDiagnost R90, a high-end digital radiography-based fluoroscopy
system
- In August 2020, GE
Healthcare (US) received FDA 510(k) clearance for Pristina Serena Bright,
a contrast-enhanced mammography solution for biopsy
- In November 2018,
Siemens Healthineers (Germany) introduced Multix Impact, a floor-mounted
radiography system, at the Congress of the Radiological Society of North
America (RSNA) in Chicago, US
Top Key Players: -
The digital X-ray market is dominated by Siemens
Healthineers (Germany),
GE Healthcare (US), Koninklijke Philips N.V. (Netherlands),
FUJIFILM Holdings Corporation (Japan),
and Canon, Inc. (Japan).
The other leading market players include Carestream Health (US), Shimadzu
Corporation (Japan),
Hologic Inc. (US), Agfa-Gevaert Group (Belgium),
Samsung Medison (South
Korea), and Konica Minolta (Japan).
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