As per the recently published report by MarketsandMarkets™, The report " Digital X-ray Market by Portability (Fixed, Portable), Applications (General, Dental, Mammography, Cancer, Fluoroscopy), Technology (Direct, Computed), System (Retrofit, New), End Users, Price Range, Type, and Region - Global Forecast to 2026", 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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PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1164
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- 230 Market Data Tables
- 45 Figures
- 280 Pages and in-depth TOC on "Digital X-ray
Market - Global Forecast to 2026”
Some of the prominent key players are:
- Siemens Healthineers (Germany),
- GE Healthcare (US),
- Koninklijke Philips N.V. (Netherlands),
- FUJIFILM Holdings Corporation (Japan),
- Canon, Inc. (Japan), and many
more......
Mergers & acquisitions,
investments & expansions, partnerships & collaborations, and new
product developments are some of the major strategies adopted by these key
players to enhance their positions in the Digital X-ray Market.
- Based on technology, the digital X-ray
market is segmented into direct radiography and computed radiography. The
direct radiography segment commanded the largest share of the global
digital X-ray 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 applications, the digital X-ray
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.
- 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.
The major factors driving the
growth of this 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. However, these
systems are priced at a premium, which slows their greater adoption. Other
factors such as declining reimbursements, lack of infrastructure, particularly
in developing and underdeveloped countries, and potential risks associated with
radiation exposure are also expected to hinder the growth of this market.
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