Digital Radiography Market Widespread Research and Fundamental study to 2026

Posted by rushi007 on April 4th, 2019

Digital radiography is a similar technique to conventional radiography, with the only difference being the former using a phosphor image plate instead of a conventional film. Currently, based on various detector and readout technologies, the medical devices and equipment manufacturers offer a variety of digital imaging solutions to their customers. There are various factors positively affecting demand for digital radiography such as digital detectors archiving of a fully digital picture and communication system, where images are stored digitally and can be shared without any risk of file loss during image distribution in hospitals through web-based technology. This in turn is expected to favor the digital radiography market over the forecast period. Furthermore, healthcare industry is projected to grow at a significant rate on the backdrop of the rise in healthcare expenditure, especially in emerging nations, with the setting up of various new hospitals and diagnostic centers in countries such as India and China. Also, the market is witnessing a steady shift from analog to digital modes of imaging, owing to the better and fast imaging results of the imaging services. This is further expected to favor the growth in the digital x-ray market over the forecast period (2016-2024).

Market Dynamics

Rise in number of accidents, growing prevalence of dental disorders, and increasing prevalence of breast cancer are some of the vital factors that are expected to fuel growth of the digital radiography market in the near future. Novel products and diagnostic systems in dentistry are projected to reshape the world dentistry market in the near future, with the utilization of the digital radiography technique expected to favor early detection of teeth related disease such as caries and cavities. This in turn is projected to favor growth of the digital x-ray market over the forecast period. According to Straumann CMD 2012, digitalization will further change value chain & workflows for dentists and laboratories along with the provision of digital scanning, which will provide a 3D-view of the oral situation. Furthermore, rising number of bone disorders due to increasing elderly population is expected to favor the digital radiography market over the forecast period.

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Rising aging population to increase consumer base of digital radiography market

Aging results in weakening of the immune system. Thus, the elderly population is at a major risk of chronic diseases such as chronic respiratory disease, cardiovascular disorders, dental issues, and orthopedic disorders. According to the World Population Prospects report (2015) by the United Nations (UN), the global population aged 60 years and above is projected to increase by 56% from 901 million in 2015 to 1.4 billion by 2050. This growth rate is faster than the growth of population in other age groups. The report mentions that Japan is home to world’s most aged population (33% in 2015). Aging population exerts pressure on the health budget of the nation leading to increase in demand for cost-effective solutions. This in turn, would generate a more positive digital radiography market outlook.

Market Taxonomy

This report segments the global digital radiography market on the basis of application, device type, portability, end user, and geography. On the basis of application, the market is categorized into chest imaging applications, orthopedic applications, cardiovascular imaging applications, dental applications, mammography applications and other applications. On the basis of device type, the market is categorized into direct radiography and computed radiography, in which direct radiography is further divided into charge coupled device (CCD) and flat panel detector. On the basis of portability, the market is categorized into fixed digital radiography systems, retrofit digital radiography systems and mobile digital radiography systems. On the basis of end-user, the market is categorized into diagnostic centers, hospitals and dental clinics. For comprehensive understanding of market dynamics, the global gynecological devices market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Emergence of portable digital radiography systems

Fixed radiography systems occupy more space as compared to portable systems. Also, screening of patients at the given place is mandated by fixed or mounted digital radiography systems. Portable digital radiography systems on the other hand, allows easy mobility and operability. Moreover, with portable digital radiography system, images can be sent to the recipient from any location in the hospital, thus saving time and resources. Moreover, handheld digital radiography systems can be effectively utilized in emergency medical situations. Increasing cost pressure and focus on providing point-of-care services would propel the growth of digital radiography market.

Key companies covered as a part of this study include 3DX-Ray, Anritsu Infivis, Bosello High Technology, COMET, GE Healthcare, Mettler-Toledo International, Nikon, North Star Imaging, VJ Technologies, Fujifilm Holdings, Philips Healthcare, Shimadzu Corporation, Toshiba Medical System Corporation, Carestream Health

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