Global Digital X-ray Market Overview:
According to SPER Market Research, the global Digital X-ray market estimated to reach USD 17.2 Bn by 2030 with a CAGR of 8.3%. The global burden of infectious and chronic lifestyle diseases is a leading cause for the growth of digital x-ray market. The number of diseased patients will continue to grow in upcoming years as the geriatric population is rising.
Impact of COVID-19 on the Digital X-ray Market
Lockdowns, curfews imposed by various governments affected the manufacturing and supply chain of digital x-ray products. Many manufacturing units were subjected to temporary shutdown. On the other hand, COVID-19 also provided opportunities to grow as RT-PCR was coupled with chest imaging to confirm the COVID-19 infection and better manage the treatment. Chest imaging also helps in the diagnosis of post COVID-19 pneumonia and other complications.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2030 |
| Base year considered | 2021 |
| Forecast period | 2022-2030 |
| Segments covered | By Type, By Application, By Technology, By Portability, By Systems, By Price Range, By End User |
| Geographies covered | North America, Europe, APAC, Latin America, and the Middle East & Africa |
| Companies Covered | ACTEON, Agfa-Gevaert Group, Canon, Inc., Carestream Health, FUJIFILM Holdings Corporation, GE Healthcare, Hologic Inc., Konica Minolta, Koninklijke Philips N.V., MinXray, Inc., Samsung Medison, Shenzhen Mindray Bio-Medical Electronics Co., Shimadzu Corporation, Siemens Healthineers, Varex Imaging Corporation |
Driver: Technological advancements
The technological advancements in digital x-ray market have improved the quality of image produced, acquisition time, patient examination and ability to process large volumes of data. Many innovative devices and systems have been introduced to improve the imaging techniques. Such positive changes in the products are driving the growth of this market.
Challenge: High cost of equipment
The cost of digital x-ray systems and equipment is high with poor reimbursement rates. Thus, many hospitals in developing countries cannot afford the installation of these systems. In such cases, hospitals rely on refurbishing services of digital x-ray systems to provide patients with imaging facilities. Therefore, high cost of x-ray systems and rising adoption of refurbishing services can pose significant challenge to the growth of digital X-ray Market in the forecast period.
Opportunity: Rise of Artificial Intelligence
Currently, many research and development activities are carried out to integrate digital x-ray imaging with artificial intelligence. The success of this technology can result in the promising diagnostic features along with improved patient care. These advancements can provide growth opportunities to the digital x-ray market in the forecast period.
Digital X-Ray Market Segmentation:
By Type: Based on type, market has been segmented into Analog X-Ray Systems and Digital X-Ray Systems.
By Application: Based on Application, the market is segmented into general radiography, chest imaging applications, orthopedic applications, cardiovascular imaging, other general radiography applications, dental applications, mammography, cancer, fluoroscopy.
By Technology: Based on Technology, the market is segmented into direct radiography and computed radiography.
By Portability: Based on Portability, the market is segmented into fixed digital x-ray systems, floor-to-ceiling mounted systems, ceiling-mounted systems, portable digital x-ray systems, mobile x-ray systems, handheld x-ray systems.
By Systems: Based on Systems, the market is segmented into retrofit digital x-ray systems, new digital x-ray systems.
By Price Range: Based on Price Range, the market is segmented into low end digital x-ray systems, mid-range digital x-ray systems, high-end digital x-ray systems.
By End User: Based on End User, the market is segmented into hospitals, diagnostic centers and dental care centers. Digital X-ray Systems are expensive and require trained technicians. Thus, hospitals can cater these facilities for the patients.
By Region: North America owns the largest share of this market due to technological advancements, presence of leading players, supportive reimbursement scenario and rising burden of chronic diseases.
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. COVID-19 Impact of the Digital X-ray Market
4.4. Market Trends
5. Global Digital X-ray Market, By Type, 2019-2030 (USD Million)
5.1. Analog X-ray Systems
5.2. Digital X-ray Systems
6. Global Digital X-ray Market, By Application, 2019-2030 (USD Million)
6.1. General Radiography
6.2. Chest Imaging Applications
6.3. Orthopedic Applications
6.4. Cardiovascular Imaging
6.5. Other General Radiography Applications
6.6. Dental Applications
6.7. Mammography
6.8. Cancer
6.9. Fluoroscopy
7. Global Digital X-ray Market, By Technology, 2019-2030 (USD Million)
7.1. Direct Radiography
7.2. Computed Radiography
8. Global Digital X-ray Market, By Portability, 2019-2030 (USD Million)
8.1. Fixed Digital X-ray Systems
8.2. Floor-to-Ceiling-Mounted Systems
8.3. Ceiling-Mounted Systems
8.4. Portable Digital X-ray Systems
8.5. Mobile X-ray Systems
8.6. Handheld X-ray Systems
9. Global Digital X-ray Market, By Systems, 2019-2030 (USD Million)
9.1. Retrofit Digital X-ray Systems
9.2. New Digital X-ray Systems
10. Global Digital X-ray Market, By Price Range, 2019-2030 (USD Million)
10.1. Low-End Digital X-ray Systems
10.2. Mid-Range Digital X-ray Systems
10.3. High-End Digital X-ray Systems
11. Global Digital X-ray Market, By End User, 2019-2030 (USD Million)
11.1. Hospitals
11.2. Diagnostic Centers
11.3. Dental Care Centers
12. Global Digital X-ray Market, By Geography, 2019-2030 (USD Million)
12.1. North America
12.1.1. US
12.1.2. Canada
12.2. Europe
12.2.1. Germany
12.2.2. UK
12.2.3. France
12.2.4. Italy
12.2.5. Spain
12.2.6. Rest of Europe
12.3. Asia-Pacific
12.3.1. China
12.3.2. Japan
12.3.3. India
12.3.4. Rest of Asia-Pacific
12.4. Rest of the World
12.4.1. Latin America
12.4.2. Middle East & Africa
13. Competitive Landscape
13.1. Introduction
13.2. Market Share Analysis, By Key Players
13.3. Competitive Scenario
13.3.1. Product Launches
13.3.2. Partnerships, Collaborations and Agreements
13.3.3. Acquisitions
13.3.4. Expansions
13.3.5. Other Developments
14. Company Profiles
14.1. ACTEON
14.2. Agfa-Gevaert Group
14.3. Canon, Inc.
14.4. Carestream Health
14.5. FUJIFILM Holdings Corporation
14.6. GE Healthcare
14.7. Hologic Inc.
14.8. Konica Minolta
14.9. Koninklijke Philips N.V.
14.10. MinXray, Inc.
14.11. Samsung Medison
14.12. Shenzhen Mindray Bio-Medical Electronics Co.
14.13. Shimadzu Corporation
14.14. Siemens Healthineers
14.15. Varex Imaging Corporation
15. Appendix