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The Digital Radiography Global Market Report 2023 by The Business Research Company, provides digital radiography market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Digital Radiography Global Market Report 2023, the market size is expected to grow from $6.86 billion in 2022 to $7.37 billion in 2023, at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global digital radiography is expected to grow to $9.81 billion in 2027 at a CAGR of 7.4%.

The increase in digitization in the healthcare sector is expected to propel the growth of the digital radiography market going forward. Digitization refers to digital enablement, which is the process of converting information into digital format. Digitization in the healthcare sector provides various benefits such as access to real-time health information, collaborative studies and research, seamless doctor-patient coordination, and automated administrative tasks, as a result, increasing digitization increases the demand for the digital radiography.

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The digital radiography market is segmented:

1) By Product Type: Computed Radiography, Direct Radiography

2) By Equipment: Detectors, Sensors, Photoconductor, Retrofit Radiography System, Scintillator, Phosphor Imaging Plate (IP), Other Equipments

3) By Portability: Fixed, Mobile

4) By Application: Dentistry, Orthopedics, Oncology, General Surgery, Mammography, Pulmonary Imaging, Cardiology, Gynecology, Other Applications

5) By End Use Industry: Hospitals, Clinics, Ambulatory Surgical Centers, Medical Research Institutes, Other End-User Industries

Technological advancements are a key trend gaining popularity in the digital radiography market. Major companies operating in the digital radiography market are focused on developing new technological solutions to strengthen their position in the market. For instance, in February 2022, Carestream, a US-based company operating in digital radiography, launched DRX Compass, an advanced digital radiology solution. This advanced digital solution for radiology is accurate, convenient, and customizable, giving radiologists a whole new level of efficiency and also providing phenomenal diagnostic quality with the least amount of patient dosage and ease of operation for technicians, improving the diagnostics capabilities and productivity of the diagnostic facility.

The digital radiography market report table of contents includes: