Digital X-Ray Market Size to Reach Revenues of over USD 17 Billion by 2025 - Arizton

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Oct 20, 2020, 10:00 ET

CHICAGO, Oct. 20, 2020 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global digital x-ray market report.

The global digital x-ray market size is expected to grow at a CAGR of over 7% during the period 2019−2025.

Key Highlights Offered in the Report:

The global digital X-ray market is expected to reach above 17 billion by 2025 with high single-digit growth rate of around 7% over the forecast period.
Increasing popularity of handheld/mobile X-ray devices is one of the major drivers of the global digital X-ray devices market.
Emergence of AI & robotic-enabled x-ray devices is anticipated to drive the future market growth of the digital X-ray devices worldwide.
Dental imaging application segment is estimated to witness the highest CAGR of about 7.8% during the forecast period.
Based on portability, the mobile segment will witness the highest CAGR of about 8% over the forecast period.
The hospitals end-user segment accounted for the maximum share of around 46% in 2019.

Key Offerings:

Market Size & Forecast by Revenue | 2019−2025
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by application, portability, end-user, and geography
Competitive Landscape – 6 key vendors and 55 other vendors

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Digital X-Ray Market – Segmentation

Digital general radiography uses much less radiation and the images can be enhanced using computers. Digital X-ray imaging for general radiography offers many advantages including a wider dynamic range and the ability to manipulate the images generated.
The rise in the patient pool, coupled with the growth in the geriatric population, technological advancements is contributing to the growth of the segment. Static digital X-ray devices offer appropriate image interpretation and clinical action due to increase in communication between the attending professional and the radiologist within the same room. However, static systems need heavy and costly apparatus.
The hospitals end-users segment is likely to witness an absolute growth of over 49% during the forecast period. However, hospitals are considered as the traditional healthcare providers of digital X-ray procedures and the volume is high, especially in developing countries.

Digital X-Ray Market by Application

General Radiography
Interventional Radiography
Dental Imaging
Mammography

Digital X-Ray Market by Portability

Static
Mobile

Digital X-Ray Market by End-user

Hospitals
Diagnostic Imaging Centers
Dental Care Settings
Others

Digital X-Ray Market – Dynamics

The use of artificial intelligence (AI) and robotics has been rapidly progressing in medicine, particularly in the field of digital radiography. AI refers to computer systems that perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision making, and language translating. AI algorithms have already found a remarkable purpose in the tasks of image recognition. In particular, AI methods excel at automatically recognizing complex patterns in imaging data and providing a quantitative assessment of image characteristics. In addition, the rapid growth of robotics in medicine opens new opportunities for digital X-ray procedures with higher precision and accuracy.

Key Drivers and Trends fueling Market Growth:

Growing Demand for Interventional X-Ray Devices
High Growth Potential in LMICs
Rising Target Patient Pool
Increasing Popularity of Mobile X-ray Devices

Digital X-Ray Market – Geography

The presence of a large patient population, coupled with better access to treatment for various acute and chronic diseases, is the primary factor boosting the North America digital x-ray market. The presence of prominent digital x-ray devices vendors is also another reason for the high uptake of digital x-ray devices in North America. The rise in the patient pool with various diseases and the necessity to diagnose and treat diseases with advanced procedures, such as radiography, fluoroscopy, and angiography, mammography are expected to boost the market during the forecast period.

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Digital X-Ray Market by Geography

North America

US
Canada

Europe

UK
Germany
France
Italy
Spain

APAC

China
Japan
South Korea
Australia
India

Latin America

Brazil
Mexico
Argentina

Middle East & Africa

South Africa
Saudi Arabia
Turkey

Major Vendors

Siemens Healthineers
GE Healthcare
Koninklijke Philips
Canon Medical Systems
Fujifilm
Carestream Health

Other Prominent Vendors

Amber Diagnostics
BD
ACTEON
ADANI
Agfa-Gevaert
Allengers
AMICO
Arcoma
ATS
BPL Medical Technologies
Control-X Medical
CUATTRO
Dentsply Sirona
DMS IMAGING
DRGEM
Dürr Dental
EXAMION
GMM
Hologic
IDETEC
ITALRAY
INTERMEDICAL
KAVO
Kiran
Konica Minolta
KUB Technologies
Medlink Imaging
Medtronic
Shenzhen Mindray Bio-Medical Electronics
MinFound Medical Systems
MINXRAY
MS Westfalia
Narang Medical
New Medical Imaging
OR Technology
Owandy Radiology
PLANMECA
Perlove Medical
PointNix
PROTEC
ROESYS MedTec
Samsung Healthcare
Shenzhen Angell Technology
Shenzhen Landwind Industry
Shimadzu
Sedecal
SIUI
SternMed
Stephanix
Villa Sistemi Medicali
Visaris
VUNO
VATECH
United Imaging Healthcare
Skanray Technologies
Trident

Explore our healthcare & lifesciences profile to know more about the industry.

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Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

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