Digital X-ray Systems Market to be Worth $8.12 Billion by 2030

Digital X-ray Systems Market by Portability {Fixed (Ceiling, Floor), Portable (Mobile, Handheld)}, Technology (Computed, Direct), Application (Orthopedic, Dental, Cardiovascular, Mammography), End User (Hospital, Imaging Center) - Global Forecast to 2030

Meticulous Research^®—a leading market research company, published a research report titled, ‘Digital X-ray Systems Market by Portability {Fixed (Ceiling, Floor), Portable (Mobile, Handheld)}, Technology (Computed, Direct), Application (Orthopedic, Dental, Cardiovascular, Mammography), 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 $8.12 billion by 2030, at a CAGR of 7.8% from 2023 to 2030. The growth of this market is driven by the rising geriatric population coupled with the burden of chronic diseases, increasing adoption of teleradiology, technological advancements in digital X-ray systems, and growing preference for digital X-ray systems over conventional systems. Additionally, emerging economies and the implementation of Artificial Intelligence (AI) in digital X-ray systems are creating opportunities for market growth. However, the high cost of digital X-ray systems restrains the growth of this market to a notable extent.

Key Players

The key players operating in the digital X-ray systems market are Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), GE HealthCare Technologies Inc. (U.S.), Canon Inc. (Japan), Shimadzu Corporation (Japan), FUJIFILM Holdings America Corporation (U.S.), Carestream Health, Inc. (U.S.), Agfa-Gevaert NV (Belgium), Hologic, Inc. (U.S.), Hitachi, Ltd. (Japan), and Samsung Medison Co., Ltd. (South Korea).

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 (mobile, handheld), detectors, software}, technology (direct radiography, computed radiography), application (orthopedic and trauma, mammography, dental, cardiovascular, other applications), end user (hospitals & clinics, diagnostic imaging centers, other end users), and geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on product type, in 2023, the fixed digital X-ray systems segment is expected to account for the largest share of the digital X-ray systems market. 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, 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, thereby boosting the growth of this segment.

Based on application, in 2023, the orthopedics and trauma care 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, in 2023, the hospitals & 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 the number of healthcare settings boost the growth of this segment.

Geographic Review

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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Key questions answered in the report-

Which are the high-growth market segments in terms of product type, technology, application, end user, and geography?
What was the historical market for digital X-ray systems across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the digital X-ray systems market?
Who are the major players in the digital X-ray systems market?
What is the competitive landscape, and who are the market leaders in the digital X-ray systems market?

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