REDDING,
Calif., July 22, 2024 /PRNewswire/
-- According to a new market research
report, 'Digital X-ray Systems
Market Size, Share, Forecast, & Trends Analysis by
Product (Fixed, [Ceiling, Floor], Portable, Software &
Services) Technology (Computed, Direct) Application (Orthopedic
& Trauma, Chest & Lung) End User - Global Forecast to
2031', published by Meticulous Research®, the
digital X-ray systems market is projected to reach $14.33 billion by 2031, at a CAGR of
7.8% from 2024 to 2031.
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Digital X-ray is an advanced form of X-ray where a digital
radiographic image is produced directly on a computer. The X-ray
sensitive plate is used to capture the data during the examination
of patients directly. These have high resolution and, hence,
provide better and clearer images. The technological advancements
in digital X-ray systems, such as AI-aided X-ray interpretation,
tomosynthesis, dual-energy imaging, automatic image stitching,
computer-aided diagnosis, and digital mobile radiography in these
devices, make them more efficient and accurate for various
applications.
The growth of this market is driven by the rising geriatric
population, coupled with the growing burden of chronic diseases,
the increasing adoption of teleradiology, and technological
advancements, leading to a higher preference for digital X-ray
systems. However, the high costs of digital X-ray systems are
restraining the market's growth.
Furthermore, emerging economies and the increasing integration
of Artificial Intelligence (AI) into digital X-ray systems are
expected to offer significant market growth opportunities. The lack
of skilled professionals poses a major challenge to the market's
growth.
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Rising Adoption of Teleradiology Drives the Demand for
Digital X-ray Systems
Radiology application in telehealth is the ability of the
patient to send radiographic images to the physician. Telemedicine
for radiology improves patient experience and care by allowing the
radiologist to give services without traveling to the patient's
location. It also allows the radiologist to consult with an expert
in real-time, such as a neuroradiologist or a pediatric
radiologist, for a streamlined and fast consultation that expedites
patient diagnosis and helps initiate a treatment plan for both
parties. Patients can consult with the radiologist after a scan or
X-ray without traveling to their office or waiting in the reception
area. The relative undersupply of radiologists is one of the major
factors driving the adoption of teleradiology.
According to a survey by the American Medical Association (AMA),
radiology has the highest use of telemedicine for patient
interactions than any other medical specialty. The demand for
telehealth increased due to the outbreak of the COVID-19 pandemic.
According to a survey by the American Hospital Association (AHA),
in 2020, 76% of U.S. hospitals were using telehealth services,
including teleradiology, compared to just 35% in 2010. Hence, the
benefits of teleradiology positively impacted the adoption of
digital X-ray systems.
The digital X-ray systems market is segmented by Product Type
[Fixed Digital X-ray Systems (Ceiling Mounted, Floor Mounted),
Portable Digital X-ray Systems, Detectors, Software & Service],
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
study also evaluates industry competitors and analyzes the regional
and country-level markets.
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The report also includes an extensive assessment of the key
growth strategies adopted by leading market players in the last
three to four years. Some of the key players operating in the
digital X-ray systems market 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).
Among the product type, in 2024, the portable digital X-ray
systems segment is projected to register the highest CAGR of
8.8% during the forecast period. The benefits of portable
systems, such as flexibility to be used around the hospitals and at
point-of-care and the innovations in the systems to make them more
effective for use, contribute to this segment's growth.
Among the technologies, in 2024, the direct radiography segment
is expected to account for the largest share of the digital X-ray
systems market. Factors such as increased efficiency in the
workflow, less radiation exposure, better image quality, and can
easily be integrated with existing technology or systems contribute
to the segment's largest share.
Among the applications, in 2024, the orthopedic & trauma
segment is expected to account for the largest share of the digital
X-ray systems market. The large market share of this segment is
attributed to the increased prevalence of orthopedic disorders such
as osteoporosis, rheumatoid arthritis, and bone injuries. Digital
X-ray devices are mainly used for the initial screening level for
these disorders to plan further treatment. Also, post-surgery, an
X-ray is done for the recovery study of the patients.
Among the end users, in 2024, the diagnostic imaging centers
segment is projected to register the highest CAGR during the
forecast period. The high cost of hospitals' outpatient
departments, the increasing number of diagnostic centers, and the
growing patient population contribute to the growth of the
market.
Based on geography, in 2024, North
America is expected to account for the largest share of
37.6% of the global digital X-ray systems market, followed
by Europe and Asia-Pacific. Higher adoption of
technologically advanced products in the U.S. and Canada, government initiatives toward
improving healthcare infrastructure, and increased demand for
better imaging modalities such as digital X-ray systems contribute
to the largest segment of the region. However, Asia Pacific is projected to register the
highest CAGR during the forecast period.
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Scope of the Report:
Digital X-ray Systems Market Size & Trend
Analysis—by Product Type
- Fixed Digital X-ray Systems
- Ceiling Mounted
- Floor Mounted
- Portable Digital X-ray Systems
- Detectors
- Software & Services
Digital X-ray Systems Market Size & Trend
Analysis—by Technology
- Direct Radiography (DR)
- Computed Radiography (CR)
Digital X-ray Systems Market Size & Trend
Analysis—by Application
- Orthopedic & Trauma
- Breast Imaging
- Dental Imaging
- Chest & Lung Imaging
- Other Applications
Note: Other applications include colorectal imaging,
abdominal imaging, and neuroimaging.
Digital X-ray Systems Market Size & Trend
Analysis—by End User
- Hospitals & Clinics
- Diagnostic Imaging Centers
Digital X-ray Systems Market Size & Trend
Analysis—by Geography
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
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