global-digital-x-ray-market-industry
Published

April 2017

Digital X-Ray Market - Growth, Trends and Forecasts (2016 - 2021)

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The global digital X-ray market is estimated to be worth USD 5.9 billion in 2016 and is expected to reach USD 11.1 billion by 2021, at a CAGR of 13.2%. The global X- ray market is dominated by computer radiography X-ray systems as they are relatively less expensive than digital radiography X-ray systems and entail less retraining of medical practitioners.

Global Digital X-Ray Market- Market Dynamics

The report details several driving and restraining factors of the digital x-ray market. Some of them are listed below.

Drivers

  • Technological advancements
  • Government investments
  • Aging population
  • Growing incidence of diseases requiring diagnosis
  • Rise in the number of regulatory approvals.
  • New and innovative devices launched in the market

Restraints

  • Lack of reimbursement
  • Regulatory procedures that limit the growth of digital X-rays

The market is segmented based on application, technology, portability, products, end-users and geography.

  • Based on application, the market has been segmented into mammography, chest imaging, dental and other applications
  • Based on technology, the market has been segmented into computer radiography and direct radiography
  • Based on portability, the market is segmented into fixed systems and portable systems
  • Based on products, the market has been segmented into digital X-ray systems and components
  • Based on end-users, the market is segmented into diagnostic centers and hospitals
  • Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

North America accounted for the largest share of the market in 2013 due to the government support in terms of legislation, grants, and funding, need for reducing healthcare costs and rising awareness of X- ray imaging.  

Some of the key players in the market are:

  • Canon Inc.
  • Carestream Health
  • Fujifilm Medical Systems
  • GE Healthcare
  • Hitachi Medical Corporation
  • Philips Healthcare

Key Deliverables in the Study

  • Market analysis for the digital X-ray market, with region-specific assessments and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • High-level analysis of the market drivers and constraints, the market strategy followed by top players in the market to keep pace with the market and competitive landscape.
  • Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
  • The report provides in-depth analysis of the market trends and forecasts based on applications, product and end users.
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