Market Overview:
The global digital x-ray devices market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced diagnostic imaging systems, rising incidence of chronic diseases, and growing number of hospitals and clinics. Based on type, the global digital x-ray devices market is segmented into retrofit x-ray systems and new digital x-ray systems. The retrofit x-ray systems segment is expected to account for the majority share of the global digital x-ray devices market in 2018. This can be attributed to their low installation cost as compared to new digital X-Ray Systems and growing demand for refurbished medical equipment globally.
Product Definition:
A digital x-ray device is a type of medical imaging equipment that produces digital images instead of traditional film x-rays. This allows for the images to be manipulated and stored electronically, which can improve diagnostic accuracy and patient care. Digital x-ray devices are becoming more common in hospitals and clinics due to their many benefits over traditional film x-rays.
Retrofit X-ray Systems:
Retrofit X-ray systems are used to convert traditional x-ray devices into digital systems. The system comprises of a computer, monitor, storage device and an X-ray source which can be connected by a cable. The source radiates the image onto the monitor screen which is then transferred to the developer for printing or saving on a storage device.
Retrofitting involves changing or adding new components in an existing x-ray machine without altering its structure or design.
New Digital X-ray Systems:
New digital x-ray systems are used in the production of digital x-ray devices. The new product line is designed to meet the growing demand for efficient, easy-to-use and cost effective medical equipment. The key features of these products include high image quality, low radiation dose and automatic document feeder that makes it faster & easier to capture images required for documentation.
Application Insights:
The other application segment includes the usage of digital x-ray systems in medical imaging for general body imaging, musculoskeletal, and trauma. The growth of this segment can be attributed to the growing adoption of these devices due to their benefits such as precise positioning and high image quality. In addition, factors such as increasing prevalence of cancer cases coupled with rising demand for radiation-free treatment are expected to drive the global market over the forecast period.
On basis of region, the global market is bifurcated into North America and Europe; Asia Pacific; Latin America; and Middle East & Africa. The North American region dominated this industry owing to a large number on account of retrofit systems used in mammography applications across U.S., Canada, Mexico which has been further driving towards growth globally through trade channels with Mexico being an important source country for imports into U.S.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major players, high adoption rate of digital imaging technology, and favorable reimbursement policies & regulatory reforms by governments. For instance, in 2015, Medicare introduced a new payment model for x-ray services that emphasize on patient safety and value based care. This initiative resulted into betterment in quality and performance standards which is expected to drive demand for digital x-ray systems over the forecast period.
In Asia Pacific market growing demand for mammography coupled with increasing government spending on healthcare is expected to drive industry growth over the forecast period.
Growth Factors:
- Increasing demand for early diagnosis and treatment of diseases: The increasing demand for early diagnosis and treatment of diseases is one of the major growth drivers for the digital x-ray devices market. This is because digital x-ray devices offer high resolution images that help in the early detection of diseases.
- Technological advancements: The technological advancements in the field of digital x-ray devices are another major growth driver for this market. These advancements have resulted in the development of new and innovative products, which has helped to increase the adoption rate of these devices among healthcare professionals.
- Rising incidence rates of chronic diseases: The rising incidence rates chronic diseases such as cancer, heart disease, and diabetes are also fueling the growth of this market as these conditions require regular monitoring, which can be done using digital x-ray devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital X-Ray Devices Market Research Report
By Type
Retrofit X-ray Systems, New Digital X-ray Systems
By Application
Mammography, Chest Imaging, Dental, Other
By Companies
Canon, Carestream Health, Fujifilm, GE, Hitachi, Hologic, Philips, Shimadzu, Siemens, Canon
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Digital X-Ray Devices Market Report Segments:
The global Digital X-Ray Devices market is segmented on the basis of:
Types
Retrofit X-ray Systems, New Digital X-ray 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
Mammography, Chest Imaging, Dental, Other
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:
- Canon
- Carestream Health
- Fujifilm
- GE
- Hitachi
- Hologic
- Philips
- Shimadzu
- Siemens
- Canon
Highlights of The Digital X-Ray Devices 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:
- Retrofit X-ray Systems
- New Digital X-ray Systems
- By Application:
- Mammography
- Chest Imaging
- Dental
- Other
- 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 X-Ray Devices 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.
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- 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 X-Ray Devices are a type of medical imaging equipment that uses x-rays to create images of body parts. They are often used to diagnose medical conditions, such as cancer.
Some of the key players operating in the digital x-ray devices market are Canon, Carestream Health, Fujifilm, GE, Hitachi, Hologic, Philips, Shimadzu, Siemens, Canon.
The digital x-ray devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital X-Ray Devices 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 X-Ray Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital X-Ray Devices 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 X-Ray Devices 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 X-Ray Devices Market Size & Forecast, 2020-2028
4.5.1 Digital X-Ray Devices Market Size and Y-o-Y Growth
4.5.2 Digital X-Ray Devices 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 Retrofit X-ray Systems
5.2.2 New Digital X-ray 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 Mammography
6.2.2 Chest Imaging
6.2.3 Dental
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital X-Ray Devices 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 X-Ray Devices 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 Retrofit X-ray Systems
9.6.2 New Digital X-ray 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 Mammography
9.10.2 Chest Imaging
9.10.3 Dental
9.10.4 Other
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 Retrofit X-ray Systems
10.6.2 New Digital X-ray 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 Mammography
10.10.2 Chest Imaging
10.10.3 Dental
10.10.4 Other
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 Retrofit X-ray Systems
11.6.2 New Digital X-ray 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 Mammography
11.10.2 Chest Imaging
11.10.3 Dental
11.10.4 Other
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 Retrofit X-ray Systems
12.6.2 New Digital X-ray 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 Mammography
12.10.2 Chest Imaging
12.10.3 Dental
12.10.4 Other
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 Retrofit X-ray Systems
13.6.2 New Digital X-ray 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 Mammography
13.10.2 Chest Imaging
13.10.3 Dental
13.10.4 Other
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 X-Ray Devices Market: Competitive Dashboard
14.2 Global Digital X-Ray Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canon
14.3.2 Carestream Health
14.3.3 Fujifilm
14.3.4 GE
14.3.5 Hitachi
14.3.6 Hologic
14.3.7 Philips
14.3.8 Shimadzu
14.3.9 Siemens
14.3.10 Canon
