Market Trends of Italy Digital X-Ray Industry
This section covers the major market trends shaping the Italy Digital X-Ray Market according to our research experts:
Cancer Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Factors that are responsible for the growth of this segment include the increase in technological advancements, the growing prevalence of cancer disorders, and investments by the government and other agencies. The predicted number of breast cancer cases in Italy in 2020 was 55,133, according to the Globocan 2020 report published by the International Agency for Research on Cancer. In addition, the same analysis estimates that 41,953 new cases of lung cancer would occur in 2020. 33,602 lung cancer-related fatalities were estimated. The high prevalence of various cancer conditions in Italy is predicted to increase the demand for digital x-rays used for diagnosis. During the projected period, this is anticipated to accelerate market expansion. Developments in the regional market are concentrating on implementing a variety of growth tactics, such as new product launches, improvements to current products, and advancing medical technologies in order to bring more effective medical diagnostic devices to market. For instance, in January 2022, the 7th Innovation Talk hosted by the Italian Trade Agency (ITA), in cooperation with the Embassy of Italy in the UAE discussed the transformation of the standard medical practice into high-performance data-driven medicine, the application of Artificial Intelligence in diagnostic and treatment of diseases, the use of data from institutions and companies operating in the healthcare sector. Artificial Intelligence (AI) technology applied to diagnostic imaging offers a unique opportunity to generate high-value services for both clinical professionals and their patients. These advancements are expected to transform the healthcare sector, leading to growth of studied segment.
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