Market Overview:
The global digital radiology market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced diagnostic and treatment procedures, rising incidence of chronic diseases, and growing number of hospitals and diagnostic centers. Based on type, the global digital radiology market is segmented into stationary digital radiology systems and portable digital radiology systems. The stationary digital radiology systems segment is expected to account for the largest share of the global market in 2018. This can be attributed to factors such as increasing demand for advanced imaging technologies and rising adoption of these systems by hospitals worldwide. However, the portable digital radiography system segment is projected to grow at a higher CAGR during the forecast period owing to its advantages such as easy portability, low installation cost, and reduced radiation exposure levels. Based on application, the global digital radiography market is divided into hospitals, diagnostic centers, research institutes & universities (RI&U), veterinary clinics & animal shelters (VET), dental clinics (DENT), other applications (OAP). In 2018 Hospital are estimated dominate with highest revenue share followed by Diagnostic Centers .However Veterinary Clinics & Animal Shelters are projected witness highest growth rate over next 10 years due growing companion animals ownership around world .
Product Definition:
Digital Radiology is a process of creating and storing medical images electronically. It has many advantages over traditional film-based radiology, including the ability to manipulate images for better diagnosis, the ability to store and share images more easily, and the ability to view images on a screen.
Stationary Digital Radiology Systems:
Stationary digital radiology systems are the computer-based imaging devices that provide real-time images of internal body organs and structures. The increasing demand for early diagnostic tools in emerging economies is expected to drive market growth over the forecast period.
The introduction of technologically advanced products with added benefits such as reduced waiting time at check-in.
Portable Digital Radiology Systems:
The portable digital radiology systems are the latest technology in medical imaging. It is a system which can be transported to different places easily and it provides excellent diagnostic results. The portable digital radiology systems consist of X-ray source, high-resolution display, filmless processing, and many other features which make diagnosis easy for doctors as well as patients.
Application Insights:
Based on application, the global market is segmented into hospitals, diagnostic centers, and others. Hospitals held the largest share in 2017 owing to increasing usage of digital radiology for various applications such as breast imaging, cardiac imaging, abdominal Imaging Colonoscopy (AC), Abdomen & Pelvic Floor (ABP&F) scan interpretation. Digital radiology has enabled accurate diagnosis by providing enhanced image clarity due to higher resolution compared to conventional film radiography.
The use of portable x-ray devices in airports for baggage screening purposes is anticipated to increase demand over the forecast period. Furthermore, growing concerns regarding airport security are likely to fuel product demand over the forecast period across all regions where airports are located.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of players, high adoption rate of advanced technology, and favorable reimbursement policies & regulatory reforms in countries such as the U.S., which has led to an increase in spending on healthcare by consumers and hospitals. In addition, growing awareness about digital imaging among physicians is expected to fuel regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure due to increasing government funding for this purpose.
Growth Factors:
- Increasing demand for early and accurate diagnosis of diseases
- Rising prevalence of chronic diseases
- Growing number of diagnostic imaging procedures
- Technological advancements in digital radiology equipment and software
- Proliferation of private diagnostic imaging centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Radiology Market Research Report
By Type
Stationary Digital Radiology Systems, Portable Digital Radiology Systems
By Application
Hospitals, Diagnostic Centers, Others
By Companies
Fujifilm Holdings Corporation, General Electric Company, Konica Minolta, Inc., Canon Inc., Siemens Healthcare, Philips Healthcare, Agfa-Gevaert Group, Carestream Health, Hitachi Medical Corporation, Shimadzu Corporation, Fujifilm Holdings Corporation, Varian Medical Systems, Esaote, Nova Imaging, Basda Medical Apparatus Co., Ltd, Swissray International, Inc., InfiMed Inc., VIDAR Systems Corp, SteleRAD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Digital Radiology Market Report Segments:
The global Digital Radiology market is segmented on the basis of:
Types
Stationary Digital Radiology Systems, Portable Digital Radiology Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fujifilm Holdings Corporation
- General Electric Company
- Konica Minolta, Inc.
- Canon Inc.
- Siemens Healthcare
- Philips Healthcare
- Agfa-Gevaert Group
- Carestream Health
- Hitachi Medical Corporation
- Shimadzu Corporation
- Fujifilm Holdings Corporation
- Varian Medical Systems
- Esaote
- Nova Imaging
- Basda Medical Apparatus Co., Ltd
- Swissray International, Inc.
- InfiMed Inc.
- VIDAR Systems Corp
- SteleRAD
Highlights of The Digital Radiology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stationary Digital Radiology Systems
- Portable Digital Radiology Systems
- By Application:
- Hospitals
- Diagnostic Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Radiology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital radiology is a type of imaging that uses digital technology to create images. This technology allows for more accurate and detailed images than traditional radiography. Digital radiology can be used to diagnose medical conditions, assess injuries, and monitor patients.
Some of the major companies in the digital radiology market are Fujifilm Holdings Corporation, General Electric Company, Konica Minolta, Inc., Canon Inc., Siemens Healthcare, Philips Healthcare, Agfa-Gevaert Group, Carestream Health, Hitachi Medical Corporation, Shimadzu Corporation, Fujifilm Holdings Corporation, Varian Medical Systems, Esaote, Nova Imaging, Basda Medical Apparatus Co., Ltd, Swissray International, Inc., InfiMed Inc., VIDAR Systems Corp, SteleRAD.
The digital radiology market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Radiology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Radiology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Radiology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Radiology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Radiology Market Size & Forecast, 2020-2028
4.5.1 Digital Radiology Market Size and Y-o-Y Growth
4.5.2 Digital Radiology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stationary Digital Radiology Systems
5.2.2 Portable Digital Radiology Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Radiology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Radiology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stationary Digital Radiology Systems
9.6.2 Portable Digital Radiology Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stationary Digital Radiology Systems
10.6.2 Portable Digital Radiology Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stationary Digital Radiology Systems
11.6.2 Portable Digital Radiology Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stationary Digital Radiology Systems
12.6.2 Portable Digital Radiology Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stationary Digital Radiology Systems
13.6.2 Portable Digital Radiology Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Radiology Market: Competitive Dashboard
14.2 Global Digital Radiology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fujifilm Holdings Corporation
14.3.2 General Electric Company
14.3.3 Konica Minolta, Inc.
14.3.4 Canon Inc.
14.3.5 Siemens Healthcare
14.3.6 Philips Healthcare
14.3.7 Agfa-Gevaert Group
14.3.8 Carestream Health
14.3.9 Hitachi Medical Corporation
14.3.10 Shimadzu Corporation
14.3.11 Fujifilm Holdings Corporation
14.3.12 Varian Medical Systems
14.3.13 Esaote
14.3.14 Nova Imaging
14.3.15 Basda Medical Apparatus Co., Ltd
14.3.16 Swissray International, Inc.
14.3.17 InfiMed Inc.
14.3.18 VIDAR Systems Corp
14.3.19 SteleRAD
