Meticulous Research®—a leading market research company, published a research report titled, ‘Digital X-ray Systems Market by Product (Fixed [Ceiling, Floor], Portable, Detectors, Software & Services) Technology (Computed, Direct) Application (Orthopedic & Trauma, Breast, Chest & Lung) End User (Hospital, Imaging Center) - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the digital X-ray systems market is projected to reach $13.29 billion by 2030, at a CAGR of 7.8% from 2023 to 2030. The growth of this market is driven by 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.
The key players profiled in the digital X-ray systems market report 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).
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 & Services], 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.
Based on product type, the digital X-ray systems market is segmented into fixed digital X-ray systems, portable digital X-ray systems, detectors, and software & services. In 2023, the fixed digital X-ray systems segment is expected to account for the largest share of the digital X-ray systems market.
The fixed digital X-ray systems segment is further divided into ceiling-mounted and floor-mounted. These systems are widely used in hospitals and diagnostic centers. With the rising number of hospitals and diagnostic imaging centers, the adoption of fixed digital X-ray systems has increased, further contributing to the segment’s large market share.
Based on technology, the digital X-ray systems market is segmented into direct radiography (DR) and computed radiography (CR). In 2023, the direct radiography segment is expected to account for the largest share of the digital X-ray systems market. Direct radiology transfers and displays the images at a faster rate compared to computed radiology. The technology produces high-quality images and has less risk of overexposure to radiation, contributing to the largest share of this segment.
Based on application, the digital X-ray systems market is segmented into orthopedic & trauma, breast imaging, dental imaging, chest & lung imaging, and other applications. In 2023, the orthopedic & trauma segment is expected to account for the largest share of the digital X-ray systems market. The rise in orthopedic conditions, the advantages of digital X-ray devices over traditional devices for screening these disorders, technological advancements in modalities, and the increased number of road accidents are the major contributing factors for the segment’s largest share.
Based on end user, the digital X-ray systems market is segmented into hospitals and clinics, and diagnostic imaging centers. In 2023, the hospitals and clinics segment is expected to account for the largest share of the digital X-ray systems market. Hospitals & clinics perform a wide range of diagnoses and surgeries, which include the use of X-rays. The increased hospitalizations due to the rising incidence of diseases, the rise in the geriatric population, and the increase in healthcare settings support the largest share of the market.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the digital X-ray systems market, followed by Europe and Asia-Pacific. The well-established healthcare system, awareness regarding early disease diagnosis, and higher spending on healthcare are the major factors contributing to the large share of this market.
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