The Digital X-Ray Devices Global Market Report 2023 by The Business Research Company, provides digital x ray devices 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 X-Ray Devices Global Market Report 2023, the market size grew from $10 billion in 2022 to $10.87 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. 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 the digital x-ray devices market is expected to grow to $15.45 billion in 2027 at a CAGR of 9.2%.
The rising number of road accident cases is expected to propel the growth of the digital X-ray devices market over the coming years. A road accident is defined as the patients following a motor vehicle crash meeting Vittel criteria for the severity of the trauma, which opens up new demand for digital X-ray devices.
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The digital x ray devices market is segmented:
1) By Technology: Direct Radiography, Computed Radiography
2) By Portability: Handheld Systems, Portable X-Ray Systems, Mobile X-Ray Systems, Floor-to-ceiling Mounted Systems, Ceiling Mounted Systems, Fixed Digital X-Ray Systems
3) By Application: General Radiography, Chest Imaging Applications, Orthopedic Applications, Cardiovascular Imaging, Other General Radiography Applications, Dental Applications, Mammography, Cancer, Fluoroscopy
4) By End Users: Hospitals, Diagnostic Centers, Dental Care Centers
Technological advancements are a key trend gaining popularity in the digital X-ray devices market. Integration of AI provides an opportunity for use of digital X-ray devices in various applications. Artificial intelligence is used to engineer digital X-ray devices to detect coefficients and reduce diagnostic errors. For instance, in January 2020 Nanox, an innovative medical imaging technology company, developed a cloud-based software that will be designed to provide an end-to-end medical imaging service including, radiologist matching, online and offline diagnostics review and annotation, connectivity to diagnostic assistive artificial intelligence systems, billing and reporting that help the digital X-ray devices market grow worldwide.
The digital x ray devices market report table of contents includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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