The digital x-ray system market was valued at US$6.246 billion in 2017 and is projected to expand at a CAGR of 8.75% over the forecast period to reach US$10.332 billion by 2023. Digital radiography utilizes X-ray imaging, through digital image capture device where digital X-ray sensors are used instead of traditional photographic film. Digital X-rays systems produce diagnostic images by interacting with human tissues. The generated images can be obtained, modified, deleted and shared over a network of computers. The primary factor driving the digital X-ray system market is growing incidents of cardiovascular, orthopedic and dental disorders around the globe. Advancement in technologies, efforts to provide better healthcare facilities and aging population are fueling the demand for digital X-ray systems in the forecast period. However, expensive diagnostic tools have curtailed market growth to some extent. Geographically, North America account for the largest share in the global digital X-ray system market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the digital x-ray system value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the digital x-ray system market.
Major industry players profiled as part of the report are Siemens Healthcare Private Limited, Koninklijke Philips N.V., General Electric Company and FUJIFILM Corporation among others.
The digital x-ray system market has been analyzed through following segments:
- By Product Type
- Stationary digital X-ray system
- Portable digital X-ray system
- By Application
- Cardiovascular Imaging
- Chest Imaging
- General Radiography
- Dental Imaging
- End Users
- Diagnostic Centers
- By Geography
- United States
- Europe Middle East and Africa
- United Kingdom
- Asia Pacific