Digital X-ray Systems Market (2024-2031)
The Digital X-Ray Systems Market is expected to reach $14.33 billion by 2031, at a CAGR of 7.8% from 2024–2031.
- Published
- Jul 2024
- Pages
- 238
- Format
- PDF + Excel
- Report ID
- MRHC - 104183
- Base year
- 2023
- 2031 · FORECAST
- $14.33B
- 2031
- $14.33B
- CAGR 2024–2031
- 7.8%
2023 baseline · 2024–2031 forecast at 7.8% CAGR · hover a bar for the value
Key highlights
By Product Type: In 2024, the Portable Digital X-ray Systems Segment is Projected to Register the Highest CAGR Over the Forecast Period
By Technology: In 2024, Direct Radiography (DR) Segment to Dominate the Digital X-ray Systems Market
By Application: In 2024, the Orthopedic & Trauma Segment to Dominate the Digital X-ray Systems Market
By End User: In 2024, the Hospitals & Clinics Segment to Dominate the Digital X-ray Systems Market
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 238 |
| Format | |
| Forecast Period | 2024–2031 |
| Base Year | 2023 |
| CAGR (Value) | 7.8% |
| Market Size (Value) | USD 14.33 billion by 2031 |
| Segments Covered | By Product Type · Fixed Digital X-ray Systems · Ceiling Mounted · Floor Mounted · Portable Digital X-ray Systems · Detectors · Software & Services · By Technology · Direct Radiography (DR) · Computed Radiography (CR) · By Application · Orthopedic & Trauma · Breast Imaging · Dental Imaging · Chest & Lung Imaging · Other Applications · (Note: Other applications include colorectal imaging, abdominal imaging, and neuroimaging.) · By End User · Hospitals & Clinics · Diagnostic Imaging Centers |
| Countries Covered | North America (U.S., Canada), Europe (Germany, France, Italy, U.K., Spain, Rest of Europe) Asia–Pacific (India, China, Japan, Rest of Asia–Pacific), Latin America (Brazil, Mexico, Rest of Latin America), Middle East & Africa |
| Key Companies | Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), GE HealthCare Technologies Inc. (U.S.), Canon Inc. (Japan), Shimadzu Corporation (Japan), FUJIFILM Holdings Corporation (Japan), Carestream Health, Inc. (U.S.), Agfa-Gevaert NV (Belgium), Hologic, Inc. (U.S.), Konica Minolta, Inc. (Japan), Samsung Medison Co., Ltd. (South Korea), and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China). |
Report overview
Segments covered: product type, fixed digital x-ray system, ceiling mounted, floor mounted, portable digital x-ray system, detector, software & service, technology, application, orthopedic & trauma, breast imaging, dental imaging, chest & lung imaging, other application, end user, hospitals & clinic, diagnostic imaging center. Regions: North America, Europe, Latin America.
The growth of this market is driven by the rising geriatric population, coupled with the growing burden of chronic diseases, the increasing adoption of teleradiology, and technological advancements, leading to a higher preference for digital X-ray systems. However, the high costs of digital X-ray systems are restraining the market’s growth.
Furthermore, emerging economies and the increasing integration of Artificial Intelligence (AI) into digital X-ray systems are expected to offer significant market growth opportunities. The lack of skilled professionals poses a major challenge to the market’s growth.
Report infographic
Market dynamics
5 factors across 3 forcesGrowing Burden of Chronic Diseases
The geriatric population is growing rapidly worldwide. According to the United Nations, in 2021, nearly 761 million people globally were over the age of 65. This number is projected to reach over 1.6 billion by 2050. The geriatric population is prone to age-related problems, including joint pain, arthritis, or osteoporosis. According to 2022 Osteoporosis Canada Facts and Stats, nearly 2.3 million Canadians have osteoporosis. Nearly 80% of all fractures occurred in people aged 50 with osteoporosis.
Further, according to the Centers for Disease Control and Prevention (CDC), in the U.S., the number of adults diagnosed with arthritis is estimated to reach 75 million in 2035 from 54 million in 2015. These orthopedic disorders require an X-ray for analysis of disorders. As digital X-ray systems have less turnaround time and are portable, there is an increased demand for these systems, as they can be used in nursing homes.
The elderly population is also affected by cardiovascular diseases (CVD), resulting in increased hospital admissions. For instance, according to the Australian Institute of Health and Welfare (AIHW) National Hospital Morbidity Database, acute care cardiovascular disease hospitalizations increased from 454,653 in 2010-11 to 600,000 in 2020-21. For diagnosis of CVDs, chest X-rays of the patients are widely preferred. Also, there are many emergency CVD cases where portable digital X-ray systems are useful for faster diagnosis and treatment of the patient. Due to these reasons, there is an increased demand for digital X-ray devices, further driving the market growth.
Technological Advancements Leading to a Higher Preference for Digital X-Ray Systems
Technological advancements have increased the preference for digital X-ray systems over conventional systems. Many advancements have been made in digital X-ray systems, such as AI-aided X-ray interpretation, tomosynthesis, dual-energy imaging, automatic image stitching, computer-aided diagnosis, and digital mobile radiography. For instance:
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In March 2023, Canon Inc. (Japan) launched Celex, a computed tomography (CT) and multipurpose X-ray system that offers automated and adjustable capabilities to improve production efficiencies.
- In February 2023, Konica Minolta, Inc. (Japan) launched the mKDR Xpress system to bring advanced technology to Latin America. This system helps clinicians track anatomical movements throughout time, improving their diagnostic skills.
- In May 2022, Bumrungrad Hospital Public Company Limited (Thailand) launched Radiology AI, assisting radiologists in analyzing and locating abnormalities in the lungs and detecting breast cancer.
These advancements have resulted in better image quality, improving patient care and outcomes. Conventional X-ray systems use film to capture images of various internal structures of the body. In contrast, digital X-ray systems produce digital radiographic images instantly and store them separately on a computer. The benefits of digital X-ray systems include shorter exposure times, faster diagnosis and processing, improved detail detectability, high-quality images, and the ease of storing images and sharing them with doctors.
Table of contents
12 chapters · 113 sections · 238 pages · click to expandSegmental analysis
| Segment | Largest share (2024) | Fastest growth (2024–2031) |
|---|---|---|
| By Product Type | — | Portable digital X-ray systems |
| By Technology | Direct Radiography (DR) | — |
| By Application | Orthopedic & Trauma | — |
| By End User | Hospitals & Clinics | — |
By Product Type
- The portable digital X-ray systems segment is projected to register the highest CAGR of 8.8% during the forecast period of 2024-2031.
- The growth of this segment is driven by the gradual adoption of portable digital X-ray systems in intensive care units (ICUs) and emergency departments, as they are compact, lightweight, and portable.
- Also, companies are launching portable digital X-ray systems.
- For instance, in March 2021, Fujifilm India Private Limited (India) launched a portable X-ray device named FDR Xair XD2000.
- This device is compact, lightweight, and battery-powered.
By Technology
- Direct Radiography (DR) Segment to Dominate the Digital X-ray Systems Market
- The direct radiography segment is expected to account for the larger share of the digital X-ray systems market.
- In direct radiography technology, the procedure from X-ray detection is digitalized, leading to shorter readout and processing time than computed radiology.
- Due to this, direct radiography technology is widely adopted in emergency cases where quick diagnosis and further treatment are required.
By Application
- The orthopedic & trauma segment is expected to account for the largest share of the digital X-ray systems market.
- As there is a rise in orthopedic disorders, shorter diagnosis time is required to manage the growing number of patients suffering from these disorders.
- As digital X-ray systems help reduce the diagnosis time by digitally generating the images, they are adopted in a large number of hospitals and clinics.
- They are the factors contributing to the largest share of this segment.
By End User
- The hospitals & clinics segment is expected to account for the largest share of 63% of the digital X-ray systems market.
- Many medical facilities are adopting digital X-ray modalities, and the high prevalence of chronic diseases leading to increased hospital admissions contributes to the largest share of the segment.
Geographic analysis
North America
Largest shareIn 2024, North America is expected to account for the largest share of 37.6% of the digital X-ray systems market, followed by Europe and Asia-Pacific. North America’s significant market share can be attributed to several key factors: the presence of major digital X-ray systems companies such as GE HealthCare Technologies Inc. (U.S.) and Carestream Health, Inc. (U.S.), high prevalence of chronic diseases, favorable reimbursement scenario, advanced healthcare industry with higher spending and adoption of advanced technologies, and rising prevalence of orthopedic diseases in this region are some factors accelerating the growth of the digital X-ray systems market in North America. By Geography: In 2024, North America to Dominate the Digital X-ray Systems Market
Asia-Pacific
Fastest growthMoreover, the market in Asia-Pacific is slated to register the highest growth rate of 9.3% during the forecast period. The growth of this regional market is attributed to the improvements in the healthcare infrastructure in the region, the gradually rising need for advanced imaging modalities, the high burden of the aging population, and the increasing prevalence of chronic diseases and injuries are some of the factors contributing to the growth of the market in this region.
Competitive landscape
- May 2023
Carestream Health, Inc. launched its DRX-LC detector to increase image quality, patient comfort, and long-term picture capture efficiency in orthopedics.
- July 2022
Siemens Healthineers AG launched a new mobile X-ray system, Mobilett Impact, at the European Congress of Radiology (ECR) in Vienna. This system has the integrated advantages of the mobile X-ray system, enabling healthcare professionals to carry out X-rays beside the patient.
- Siemens Healthineers AG · Germany
- Koninklijke Philips N.V. · Netherlands
- GE HealthCare Technologies Inc. (U.S.)
- Canon Inc. · Japan
- Shimadzu Corporation · Japan
- FUJIFILM Holdings Corporation · Japan
- Carestream Health, Inc. (U.S.)
- Agfa-Gevaert NV · Belgium
- Hologic, Inc. (U.S.)
- Konica Minolta, Inc. · Japan
- Samsung Medison Co., Ltd. · South Korea
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. · China
Frequently asked questions
This study offers a detailed assessment of the digital X-ray systems market sizes & forecasts based on product type, technology, application, and end user. This report also involves the value analysis of various segments and sub-segments of the digital X-ray systems market at the regional and country levels.
Cite this report
Meticulous Research. (2024). Digital X-ray Systems Market - Global Opportunity Analysis and Industry Forecast (2024-2031) (Report No. MRHC - 104183). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/digital-x-ray-systems-market-1183