Meticulous Research®, a distinguished firm in market research, has recently unveiled a comprehensive report titled Digital X-ray Systems Market Size, Share, Forecast, & Trends Analysis by Product (Fixed, Portable, Software & Services), Technology (Computed, Direct), Application (Orthopedic & Trauma, Chest & Lung), End User - Global Forecast to 2031.’
According to this report, the digital X-ray systems market is projected to reach $14.33 billion by 2031, growing at a CAGR of 7.8% from 2024 to 2031. This market growth is fueled by factors such as the increasing prevalence of chronic diseases, the expanding adoption of teleradiology, and continuous technological advancements that have made digital X-ray systems increasingly preferred in medical diagnostics. However, the high costs associated with these systems may act as a barrier to market growth.
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Nevertheless, emerging markets and the integration of Artificial Intelligence (AI) into digital X-ray systems are expected to provide significant growth opportunities. On the flip side, a shortage of skilled professionals may pose a considerable challenge to the market’s expansion.
The digital X-ray systems market is categorized by Product Type (Fixed Digital X-ray Systems—Ceiling Mounted, Floor Mounted, Portable Digital X-ray Systems, Detectors, Software & Services), Technology (Direct Radiography, Computed Radiography), Application (Orthopedic & Trauma, Breast Imaging, Dental Imaging, Chest & Lung Imaging, and Other Applications), End User (Hospitals & Clinics, Diagnostic Imaging Centers), and Geography. The report also assesses industry competition and provides regional and country-specific market analyses.
In the Product Type category, fixed digital X-ray systems are expected to hold the largest share of the market in 2024, accounting for 41.9% of the total market. These systems, which include both ceiling-mounted and floor-mounted models, are predominantly used in hospitals and diagnostic centers. The increasing number of such facilities is driving the adoption of fixed digital X-ray systems, contributing to the segment’s substantial market share.
With regard to Technology, the market is divided into Direct Radiography (DR) and Computed Radiography (CR). The DR segment is anticipated to capture the largest share of the market in 2024, attributed to its ability to produce faster and higher-quality images compared to CR. Additionally, DR systems present a lower risk of radiation overexposure, bolstering the segment’s growth.
The Application segment includes categories such as orthopedic & trauma, breast imaging, dental imaging, chest & lung imaging, and other applications. The orthopedic & trauma segment is expected to lead the market in 2024, driven by the increasing prevalence of orthopedic conditions, the advantages of digital X-ray devices over traditional methods, advancements in imaging technologies, and a rising number of road accidents.
In terms of End Users, the market is segmented into hospitals & clinics and diagnostic imaging centers. The hospitals & clinics segment is expected to dominate the market in 2024, driven by the extensive range of diagnostic and surgical procedures that require X-ray imaging. Increasing hospitalization rates, an aging population, and expanding healthcare infrastructure further reinforce this segment’s leading position.
Geographic Overview
The report provides a detailed analysis of key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to hold the largest share of the digital X-ray systems market at 37.6%, followed by Europe and Asia-Pacific. The region’s well-established healthcare infrastructure, widespread awareness of early disease detection, and significant healthcare expenditure are the primary factors contributing to its market leadership.
KEY PLAYERS :
The key players profiled in the digital X-ray systems market report are Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), GE HealthCare Technologies Inc. (U.S.), Canon Inc. (Japan), Shimadzu Corporation (Japan), FUJIFILM Holdings Corporation (Japan), Carestream Health, Inc. (U.S.), Agfa-Gevaert NV (Belgium), Hologic, Inc. (U.S.), Konica Minolta, Inc. (Japan), Samsung Medison Co., Ltd. (South Korea), and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China).
Key questions answered in the report:
- Which are the high-growth market segments in terms of product type, technology, application, end user, and geography?
- What was the historical market for digital X-ray systems across the globe?
- What are the market forecasts and estimates for 2024–2031?
- What are the major drivers, restraints, opportunities, and challenges in the digital X-ray systems market?
- Who are the major players in the digital X-ray systems market?
- What is the competitive landscape, and who are the market leaders in the digital X-ray systems market?
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