Unveiling The Future: Exploring The Digital X-ray Market

By Author: Snehal S
Total Articles: 394
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As per the recently published report by MarketsandMarkets™, The report " Digital X-ray Market by Portability (Fixed, Portable), Applications (General, Dental, Mammography, Cancer, Fluoroscopy), Technology (Direct, Computed), System (Retrofit, New), End Users, Price Range, Type, and Region - Global Forecast to 2026", The global digital X-ray market is expected to reach USD 16.4 billion by 2026 from an estimated USD 11.1 billion in 2021, at a CAGR of 8.1% from 2021 to 2026.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1164

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• 230 Market Data Tables
• 45 Figures
• 280 Pages and in-depth TOC on "Digital X-ray Market - Global Forecast to 2026”

Some of the prominent key players are:
• Siemens Healthineers (Germany),
• GE Healthcare (US),
• Koninklijke Philips N.V. (Netherlands),
• FUJIFILM Holdings Corporation (Japan),
• Canon, Inc. (Japan), and many more......

Mergers & acquisitions, investments & expansions, partnerships & collaborations, and new product developments ...
... are some of the major strategies adopted by these key players to enhance their positions in the Digital X-ray Market.

• Based on technology, the digital X-ray market is segmented into direct radiography and computed radiography. The direct radiography segment commanded the largest share of the global digital X-ray market in 2020.
• Based on portability, the digital X-ray market is segmented into fixed digital X-ray systems and portable digital X-ray systems. Fixed digital X-ray systems include floor-to-ceiling-mounted systems and ceiling-mounted systems, while portable digital X-ray systems include mobile X-ray systems and handheld X-ray systems.
• The global digital X-ray systems market is divided into new and retrofit digital X-ray systems. The retrofit digital X-ray systems segment is expected to dominate the market during the forecast period.
• Based on applications, the digital X-ray market is segmented into general radiography, dental applications, fluoroscopy, cancer, and mammography applications. The general radiography segment is expected to dominate this market during the forecast period.
• The digital X-ray market is segmented into five major regions—North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the largest regional market for digital X-ray systems, whereas the Asia Pacific market is estimated to grow at the highest CAGR during the forecast period.

The major factors driving the growth of this market include the increasing geriatric population and growth in disease incidence as well as favorable government regulations, investments, and initiatives. The advantages of digital X-ray systems have played a key part in their adoption; their speed and accuracy, as well as quick processing times, allow for significantly higher patient screening volumes than earlier. This has pushed companies to focus on product development and innovation. However, these systems are priced at a premium, which slows their greater adoption. Other factors such as declining reimbursements, lack of infrastructure, particularly in developing and underdeveloped countries, and potential risks associated with radiation exposure are also expected to hinder the growth of this market.