The report "Digital X-ray Market by Portability (Fixed, Portable), Applications (Orthopedic, Dental, Diagnostic, Cancer, Pediatric), Technology (Direct, Computed), System (Retrofit, New), End Users, Price Range, Type, and Region - Global Forecast to 2029", is projected to reach USD 6.6 billion by 2029 from USD 5.4 billion in 2024, at a CAGR of 4.0% from 2024 to 2029.
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- 200 Market Data Tables
- 40 Figures
- 300 Pages and in-depth TOC on " Digital
X-ray Market - Global Forecast to 2029”
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.
Market Segmentation: -
- Based on the technology, the global
digital X-ray market is segmented into direct and computed radiography.
The direct radiography segment is anticipated to register the highest
growth rate over the forecast period. DR systems offer superior image
quality to traditional film-based systems, leading to better diagnostic
accuracy and patient outcomes.
- Based on application, the global digital
X-ray market is segmented into chest, cardiovascular, diagnostic, dental,
cancer, and other applications. The growth in orthopedic application
semgent can be attributed to several factors. Firstly, there is a growing
incidence of orthopedic conditions, such as fractures, osteoarthritis, and
musculoskeletal injuries, driven by factors like an aging population and
increasing sports-related injuries.
- Based on system, the digital X-ray market
is segmented into retrofit and new digital x-ray systems. The hospitals
and surgical segment accounts for the largest share of the market in 2022.
Healthcare facilities worldwide are increasingly investing in new digital
X-ray systems to upgrade their imaging capabilities and replace outdated
analog and film-based systems.
- The Asia Pacific will witness rapid
growth in the digital X-ray market from 2024 to 2029 due to several key
factors. Firstly, the region's large and rapidly expanding population,
rising healthcare expenditures, and increasing access to healthcare
services are driving the demand for advanced diagnostic imaging solutions
like digital X-ray systems.
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Recent
Developments of The Digital X-Ray Industry:
- In March 2021, Koninklijke Philips
N.V. (Netherlands)’s CombiDiagnost R90 received US FDA 510(k) clearance
for CombiDiagnost R90, a high-end digital radiography-based fluoroscopy
system.
- In May 2021, Royal Philips (Netherlands)
and Viamed (Spain) entered into an agreement with Viamed to install
Philips’ diagnostic imaging solutions in clinical centers throughout
Viamed’s network, including 11 hospitals and 15 healthcare centers, in the
Andalusia, Aragon, Catalonia, La Rioja, Murcia, and Madrid regions of
Spain.
One primary driver is the rising patient population and
incidence of musculoskeletal disorders and sports-related injuries. Ongoing
technological advancements, coupled with favorable government initiatives and
investments in healthcare infrastructure, are further fueling market growth.
Overall, these factors collectively contribute to the expanding digital X-ray
market as it continues to revolutionize medical imaging practices.
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