The global digital x-ray systems market is evaluated at US$5,631.180 million for the year 2019 and is projected to grow at a CAGR of 4.03% to reach the market size of US$7,425.844 million by the year 2026.
Digital radiography utilizes X-ray imaging, through a digital image capture device where digital X-ray sensors are used instead of traditional photographic film. Digital X-ray 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 an aging population is also fuelling the demand for digital X-ray systems. However, expensive diagnostic tools have curtailed market growth to some extent. Geographically, the APAC region will drive the global market for Digital X-Ray equipment on account of heavy investments in healthcare infrastructure whereas America will also be driven by the growth in digital X-ray systems on account of rising incidents of injuries and accidents coupled with growing awareness of these systems among the target population about its uses in the region.
The market has been significantly driven by the increasing health expenditures done by several governments in order to enhance the technological advancements in the sector.
The advent of COVID-19 had a positive impact on the digital x-ray systems market given the rise in the cases from the disease which increased the demand for digital x-rays during the period.
|Market size value in 2019||US$5,631.180million|
|Market size value in 2026||US$7,425.844 million|
|Growth Rate||CAGR of 4.03% from 2019 to 2026|
|Forecast Unit (Value)||USD Million|
|Segments covered||Technology, Portability, End users, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Carestream Health, Fujifilm Holdings Corporation (Fujifilm Medical Systems), GE Company (GE Healthcare), Hitachi, Ltd., Hologic, Inc, Koninklinje Philips NV (Philips Healthcare), Shimadzu Corporation, Siemens Healthineers, Canon Medical Systems Corporation (Toshiba Corporation), Samsung Electronics Co. Ltd (Samsung Healthcare)|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the digital x-ray systems market size by 2026?
A1. The global digital x-ray systems market is projected to reach a total market size of US$7,425.844 million by 2026.
Q2. What is the size of global digital x-ray systems market?
A2. Digital X-Ray Systems Market was valued at US$5,631.180 million in 2019.
Q3. What are the growth prospects for the digital x-ray systems market?
A3. The digital x-ray systems market is projected to grow at a CAGR of 4.03% during the forecast period.
Q4. Which region holds the largest market share in the digital x-ray systems market?
A4. Geographically, the APAC region will drive the global digital x-ray systems market on account of heavy investments in healthcare infrastructure.
Q5. What factors are anticipated to drive the digital x-ray systems market growth?
A5. The primary factor driving the digital X-ray system market is growing incidents of cardiovascular, orthopedic, and dental disorders around the globe.