United Kingdom Digital X-ray Devices Market Introduction and Overview
According to SPER Market Research, the United Kingdom Digital X-ray Devices Market is estimated to reach USD 1126.79 million by 2033 with a CAGR of 7.7%.
The report includes an in-depth analysis of the United Kingdom Digital X-ray Devices Market, including market size and trends, product mix, applications, and supplier analysis. A Digital X-Ray Device is an equipment that performs sophisticated x-ray inspection and immediately outputs a digital radiographic image on a computer. A digital x-ray device is one that creates a high-quality digital image of an object or organ and immediately transfers it to a computer. During object examination, x-ray sensitive plates are utilised to collect data. When paired with an X-ray detector, it is utilised in a wide range of applications, including medicine, electronic assembly, X-ray spectroscopy, and material thickness estimation in manufacturing. Aside from that, radiographers utilise Digital X-Ray Devices in clinical settings to obtain digital x-ray images of biological structures such as bones, as well as for sterilisation.
- In September 2022, the Sunderland Royal Hospital, managed by the South Tyneside and Sunderland NHS Foundation Trust, became one of the first hospitals in the United Kingdom to install a dedicated x-ray machine in its newborn section.
- In August 2022, GE Healthcare and Amazon Web Services (AWS) inaugurated Edison True PACS's first European cloud deployment at Birmingham's Royal Orthopaedic Hospital NHS Foundation Trust. The project's purpose is to provide radiologists with smart productivity tools that will improve reading efficiency, reduce errors, raise diagnostic accuracy, and allow for more specific diagnoses.
Market Opportunities and Challenges
Opportunities- The global ageing population and rising incidence of chronic disease are important factors driving the digital X-ray device market. As the world's population ages, the demand for diagnostic imaging for age-related disorders such as osteoporosis and arthritis increases. Digital X-rays are a quick and non-invasive technique to diagnose a variety of illnesses, which aids in pain management and treatment planning. Furthermore, the rising prevalence of chronic diseases such as cancer, including lung, heart, and cancer, need regular imaging, and digital X-rays offer a cost-effective and accessible method of monitoring disease progression and treatment efficacy. Chronic diseases account for more than 70% of all fatalities globally. Thus, the rising prevalence of chronic diseases and the growing elderly population drive the market growth rate of digital X-ray machines.
Challenges-
The high cost of installation will impede industry growth: The high cost of installation and equipment purchase is likely to be a major impediment to the growth of the worldwide digital x-ray devices market. For example, one of the most important considerations in upgrading to digital x-ray systems is the expense of both original installation and replacement devices. However, industry players today provide high-quality digital x-ray devices/systems that have a long lifespan, require little maintenance, and have service centres available worldwide. Furthermore, portable x-rays have some advantages over regular x-ray devices.
Market Competitive Landscape
The market for digital X-ray devices in the United Kingdom is fragmented due to the existence of numerous businesses operating both worldwide and regionally. The competitive landscape contains an overview of a few well-known foreign and local enterprises with significant market shares. Some of the key market players include General Electric Company (GE Healthcare), Koninklijke Philips NV, Fujifilm Holdings Corporation, Siemens Healthcare GmbH, Canon Medical Systems Corporation, Shimadzu Corporation, Samsung Electronics Co. Ltd. (Samsung Healthcare), Agfa-Gevaert Group, and Konica Minolta Inc.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Application, By Technology, By Portability, By End-User
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Regions covered | London, East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire, Humberside
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Companies Covered | Carestream Health Inc, Fujifilm Holdings Corporation (Fujifilm Medical Systems), GE Company (GE Healthcare), Koninklinje Philips NV (Philips Healthcare), Shimadzu Corporation, Siemens Healthcare GmbH, Canon Medical Systems Corporation, Samsung Electronics Co Ltd (Samsung Healthcare), Agfa-Gevaert Group, Konica Minolta Inc.
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COVID-19 Impact on United Kingdom Digital X-ray Devices Market
The COVID-19 epidemic had a tremendous impact on diagnostic imaging, namely digital X-ray machines. Digital imaging is important in the diagnosis of COVID-19 because it allows for the unambiguous detection of infected areas of a patient's lungs. For example, in January 2022, a study team at the University of the West of Scotland (UWS) discovered that COVID-19 could be accurately recognised by artificial intelligence (AI) using X-ray equipment in a few minutes. This quick and accurate X-ray approach for diagnosing COVID-19 could replace existing diagnostic tests, which are predicted to see significant market expansion in the future years.
Key Target Audience:
- Hospitals and Clinics
- Diagnostic Imaging Centers
- Research and Academic Institutions
- Veterinary Clinics
- Government and Regulatory Bodies
- Medical Device Distributors and Suppliers
Our in-depth analysis of the United Kingdom Digital X-ray Devices Market includes the following segments:
By Application:
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Orthopedic
Cancer
Dental
Cardiovascular
Other Applications
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By Technology:
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Computed Radiography
Direct Radiography
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By Portability:
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Fixed Systems
Portable Systems
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By End-User:
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Hospitals
Diagnostic Centers
Other End-Users
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Key Topics Covered in the Report:
- United Kingdom Digital X-ray Devices Market Size (FY’2024-FY’2033)
- Overview of United Kingdom Digital X-ray Devices Market
- Segmentation of United Kingdom Digital X-ray Devices Market by Application (Orthopedic, Cancer, Dental, Cardiovascular, Other Applications)
- Segmentation of United Kingdom Digital X-ray Devices Market by Technology (Computed Radiography, Direct Radiography)
- Segmentation of United Kingdom Digital X-ray Devices Market by Portability (Fixed Systems, Portable Systems)
- Segmentation of United Kingdom Digital X-ray Devices Market by End-User (Hospitals, Diagnostic Centers, Other End-Users)
- Statistical Snap of United Kingdom Digital X-ray Devices Market
- Expansion Analysis of United Kingdom Digital X-ray Devices Market
- Problems and Obstacles in United Kingdom Digital X-ray Devices Market
- Competitive Landscape in the United Kingdom Digital X-ray Devices Market
- Impact of COVID-19 and Demonetization on United Kingdom Digital X-ray Devices Market
- Details on Current Investment in United Kingdom Digital X-ray Devices Market
- Competitive Analysis of United Kingdom Digital X-ray Devices Market
- Prominent Players in the United Kingdom Digital X-ray Devices Market
- SWOT Analysis of United Kingdom Digital X-ray Devices Market
- United Kingdom Digital X-ray Devices Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1.2. Market segment analysis
2.1. Research data source
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.2. COVID-19 Impacts of the United Kingdom Digital X-ray Devices Market.
5. Market variable and outlook
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
6.1. United Kingdom Digital X-ray Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Digital X-ray Devices Market
7. United Kingdom Digital X-ray Devices Market, By Application (USD Million) 2020-2033
7.1. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Application, 2020-2026
7.2. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Application, 2027-2033
8. United Kingdom Digital X-ray Devices Market, By Technology (USD Million) 2020-2033
8.1. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Technology, 2020-2026
8.2. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Technology, 2027-2033
8.3. Computed Radiography
9. United Kingdom Digital X-ray Devices Market, By Portability (USD Million) 2020-2033
9.1. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Portability, 2020-2026
9.2. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By Portability, 2027-2033
10. United Kingdom Digital X-ray Devices Market, By End-User (USD Million) 2020-2033
10.1. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By End-User, 2020-2026
10.2. United Kingdom Digital X-ray Devices Market Size, Share and Forecast, By End-User, 2027-2033
11. United Kingdom Digital X-ray Devices Market Forecast, 2020-2033 (USD Million)
11.1. United Kingdom Digital X-ray Devices Market Size and Market Share
12. United Kingdom Digital X-ray Devices Market, By Region, 2020-2033 (USD Million)
12.1. United Kingdom Digital X-ray Devices Market Size and Market Share By Region (2020-2026)
12.2. United Kingdom Digital X-ray Devices Market Size and Market Share By Region (2027-2033)
13.1. Carestream Health Inc
13.1.2. Financial outlook
13.1.4. Recent developments
13.2. Fujifilm Holdings Corporation
13.2.2. Financial outlook
13.2.4. Recent developments
13.3.2. Financial outlook
13.3.4. Recent developments
13.4. Koninklinje Philips NV
13.4.2. Financial outlook
13.4.4. Recent developments
13.5. Shimadzu Corporation
13.5.2. Financial outlook
13.5.4. Recent developments
13.6. Siemens Healthcare GmbH
13.6.2. Financial outlook
13.6.4. Recent developments
13.7. Canon Medical Systems Corporation
13.7.2. Financial outlook
13.7.4. Recent developments
13.8. Samsung Electronics Co. Ltd
13.8.2. Financial outlook
13.8.4. Recent developments
13.9.2. Financial outlook
13.9.4. Recent developments
13.10. Konica Minolta Inc
13.10.2. Financial outlook
13.10.4. Recent developments
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.