Pune, 7, April 2023: The report expects the Digital X-ray Market to grow from USD 12 Bn in 2021 to USD 23.9 Bn by 2029 at a CAGR of 9 percent over the forecast period. The report is a mixture of primary and secondary data and the domain expert has analyzed the Digital X-ray Market from a local, global and regional point of view.
Digital X-ray Market Report Scope and Research Methodology
The report is a thorough analysis of the Digital X-ray market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Digital X-ray market. The bottom-up approach was used to understand the Digital X-ray market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Digital X-ray market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Digital X-ray market.
Regional analysis of the Digital X-ray market conducted at a local, regional and global level. The report also provides information on the emerging regions that are expected to be major markets for the Digital X-ray market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Digital X-ray market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Digital X-ray Market.
Digital X-ray Market Dynamics
Digital X-rays system contains high-image quality, image acquisition time and detector form as a result it helps to adopt the digital X-ray system in the healthcare sector. During the forecast period, the advancements in artificial intelligence (AI) based digital X-ray systems, especially in medical imaging are the expected lucrative opportunity for the market.
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The Digital X-ray Market is driven by the increase in the incidences of dental digital X-rays and government initiatives and investment in the innovation of Digital X-ray system technology. The benefits of Digital X-ray systems compared to analog systems is also a growth factor for the market. The Digital X-ray market growth is restrained by the high cost of digital X-ray equipment.
Digital X-ray Market Regional Insights
In 2021, North America dominated the Digital X-ray Market accounting the 32 percent of total revenue. The regional market is driven by the increasing prevalence of chronic diseases, high purchasing power, increasing innovation in digital x-ray technology and growing adoption of the healthcare systems towards sophisticated technology.
During the forecast period, Asia Pacific is expected to grow at the fastest rate for the Digital X-ray Market. The government initiatives for the improvements of the healthcare infrastructure, increasing prevalence of chronic disorders, growing geriatric population and increasing demand for better imaging devices are the expected influencing factors for the regional growth of the market.
Digital X-ray Market Segmentation
By Modality
- Radiography
- Fluoroscopy
- Mammography
By Technology
- Digital radiography
- Computed radiography
By Mobility
- Stationary
- Mobile
By End-Use
- Hospitals
- Diagnostic imaging centers
- Others
Digital X-ray Market Key Players include:
- GE HealthCare Technologies Inc. (US)
- Carestream Health (US)
- Danaher Corporation (US)
- Sirona Dental Systems Inc. (US)
- ALLPRO Imaging (US)
- Varex Imaging Corporation (US)
- MinXray, Inc (US)
- Hologic Inc (US)
- Holston Medical Group (US)
- Teledyne Technologies (US)
- KA Imaging Inc (Canada)
- Canon (Japan)
- FUJIFIlM Holding Corporation (Japan)
- Konica Minolta, Inc. (Japan)
- Shimadzu Corporation (Japan)
- Hitachi, Ltd. (Japan)
- Samsung Medison Co., Ltd. (South Korea)
- Mindray Medical International Limited (China)
- Siemens Healthineers AG (Germany)
- Acteon Group Ltd (UK)
- Koninklijke Philips N.V. (Netherlands)
- Agfa-Gevaert N.V. (Belgium)
- Detection Technology PLC (Finland)
- Vidisco Ltd. (Israel)
- Nanox Imaging (Israel)
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Table of Content for Global Digital X-ray Market:
- Global Digital X-ray Market: Research Methodology
- Global Digital X-ray Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Digital X-ray Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by Region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Digital X-ray Market Segmentation
- Global Market, by Modality (2021-2029)
- Global Market, by Technology (2021-2029)
- Global Market, by Mobility (2021-2029)
- Global Market, by End-Use (2021-2029)
- Regional Global Digital X-ray Market(2021-2029)
- Regional Market, by Modality (2021-2029)
- Regional Market, by Technology (2021-2029)
- Regional Market, by Mobility (2021-2029)
- Regional Market, by End-Use (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key questions answered in the Digital X-ray Market are:
- What is Digital X-ray?
- What was the Digital X-ray market size in 2021?
- What is the expected Digital X-ray market size by 2029?
- What are the different segments of the Digital X-ray Market?
- What are the factors restraining the growth of the Digital X-ray Market?
- What growth strategies are the players considering to increase their presence in Digital X-rays?
- What is the scope of the Digital X-ray Market?
- What is the growth rate of the Digital X-ray Market?
- Which are the factors expected to drive the Digital X-ray market growth?
- What segments are covered in the Digital X-ray Market?
- What are the key players in the Digital X-ray Market?
- What are the opportunities for the Digital X-ray Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the Modality, Technology, Mobility, End-Use and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
Maximize Market Research Healthcare research firm, has also published the following reports:
Dental Digital X-ray Market: The market size is expected to reach USD 6.86 Bn by 2029 at a CAGR of 8.50 percent during the forecast period. The market is driven by the increase in dental disorders, the growing adoption the CBCT systems and the increasing demand for cosmetic dentistry.
X-Ray Detector Software Market: The market size is expected to reach USD 4.25 Bn by 2029 at a CAGR of 5.6 percent during the forecast period. The market is driven by increasing investments to advance healthcare facilities & digital imaging technologies and growing adoption of the refurbished X-ray unit.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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