IMARC Group, a leading market research company, has recently releases report titled “Digital X-Ray Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global digital X-ray devices market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the digital X-ray devices market?
|Market Size in 2022||US$ 3.38 Billion|
|Market Forecast in 2028||US$ 4.83 Billion|
|Growth rate (2023 to 2028)||CAGR of 5.70%|
|Base Year of the Analysis||2022|
What is digital X-ray devices?
Digital X-ray devices are advanced medical equipment utilized in the diagnostics process. They are employed in electronic sensors instead of conventional photographic film to capture internal body images that generate real-time, high-quality images and serve as essential resources for doctors and radiologists. In addition, they are compact, portable, and eco-friendly and offer enhanced efficiency. Moreover, they provide several advantages such as easy access, electronic storage, rapid image production resulting in quick diagnosis and treatment, immediate viewing, enlargement options, enhanced diagnostics, minimized radiation levels, and improved images that allow medical professionals to focus on tiny fractures and irregularities that could have been missed on film. Furthermore, these devices are commonly employed in emergency rooms for quick and accurate dental, cardiovascular, mammography, and orthopedic imaging diagnosis. At present, digital X-ray devices are widely adopted in diagnostic imaging centers, dental care centers, and hospitals across the globe.
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What are the growth prospects and trends in the digital X-ray devices?
The market is primarily driven by the increasing incidences of chronic ailments such as lung, urological, neurovascular, cancer, and cardiovascular disorders (CVDs). Additionally, the growing geriatric population susceptible to these ailments and the growing number of road accidents requiring immediate X-rays are contributing to the market growth. In line with this, the increasing product use for general imaging such as kidney, ureter, bladder, intestinal, chest, and abdomen x-ray are influencing the market growth. Moreover, numerous technological advancements, such as the incorporation of artificial intelligence (AI) to identify coefficients and minimize diagnostic errors, represent another major growth-inducing factor. Besides this, the widespread adoption of mobile imaging devices as the images can be obtained at the bedside of the patient with a mobile X-ray device in less time as compared to carrying the patient to an X-ray room is accelerating the product adoption rate.
Along with this, the increasing product applications in dental X-rays to diagnose the presence of infection, cavities, and impacted teeth are propelling the market growth. Apart from this, the digital X-ray devices market is growing at different rates in numerous regions, with North America being the largest market due to the growing geriatric population, numerous technological advancements, and increasing healthcare expenditures across the globe. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in April 2022, Samsung launched the GM85 Fit, a mobile digital X-ray device. In addition, in March 2022, Konica Minolta, Inc introduced AeroDR TX m01, a mobile X-ray system with a wireless dynamic digital radiography function in Japan.
What is included in market segmentation?
The report has segmented the market into the following categories:
- Retrofit Digital X-ray Systems
- New Digital X-ray Systems
- Cardiovascular Imaging
- Chest Imaging
- General Radiography
End Use Insights:
- Diagnostic Imaging Centers
- Dental Care Centers
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Agfa-Gevaert Group
- Canon Medical Systems Corporation (Canon Inc.)
- Carestream Health
- Fujifilm Holdings Corporation
- GE HealthCare Technologies Inc. (General Electric Company)
- Hologic Inc.
- Koninklijke Philips N.V.
- Samsung Healthcare (Samsung Electronics Co. Ltd.)
- Shimadzu Corporation
- Siemens Healthineers (Siemens AG)
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