Digital Radiography Market to Surpass US$ 7,138.6 Million by 2026 - Coherent Market Insights

Published On : Sep 03, 2019

Global Digital Radiography Market, by Device Type (Direct Radiography (Charged Couple Device (CCD) and Flat Panel Detector), and Computed Radiography), by Application (Chest Imaging, Orthopedic, Cardiovascular Imaging, Dental, and Mammography), by Portability (Fixed and Mobile), by End User (Diagnostic Centers, and Hospitals), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$  5,290.0 million in 2019, and is projected to exhibit a CAGR of 4.2 % over the forecast period (2020 - 2027), as highlighted in a new report published by Coherent Market Insights.

Regional governments are focused on improving healthcare infrastructure in emerging economies, which is expected to drive growth of the global digital radiography market. For instance, in 2018, the China Ministry of Health collaborated with the government of China to install computed tomography units in 37 county hospital. The government specifically targeted hospitals located along major highways in order to provide instant diagnosis to victims of emergency cases such as road accidents.

Increasing collaborations between regional governments is expected to drive growth of the global digital radiography market. For instance, in 2017, India and Japan government collaborated in the diagnostic sector, and launched a program approved by Ministry of Health of both the countries, to address the diagnostic technological differences between India and Japan. This program aims to provide healthcare services in remote areas.

Moreover, emergence of portable digital radiography systems is driving growth of the global digital radiography market. Fixed radiography systems occupy more space 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, allow easy mobility and operability. Additionally, in portable digital radiography systems, images can be sent to the recipient from any location in the hospital, thus saving time and resources. Moreover, portable digital radiography systems can be effective in emergency medical situations.

Browse 43 Market Data Tables and 34 Figures spread through 220 Pages and in-depth TOC on "Global Digital Radiography Market, by Device Type (Direct Radiography(Charged Couple Device (CCD), and Flat Panel Detector), and Computed Radiography), by Application (Chest Imaging, Orthopedic, Cardiovascular Imaging, Dental, and Mammography), by Portability (Fixed and Mobile), by End User (Diagnostic Centers, and Hospitals), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)  - Global Forecast to 2026"

To know the latest trends and insights related Global Digital Radiography Market, click the link below:

https://www.coherentmarketinsights.com/market-insight/digital-radiography-market-151

Increasing launches of digital radiography systems are driving growth of the global digital radiography market. For instance, in 2016, Teledyne DALSA launched a portable digital radiography system at the American Society for Nondestructive Testing (ASNT) Annual Conference at California, U.S.

Key Takeaways of the Global Digital Radiography Market:

  • The global digital radiography market is expected to exhibit a CAGR of xx% over the forecast period (2020-2027) owing to increasing healthcare infrastructure, and healthcare services in remote areas
  • Among product type, flat panel detector sub segment is expected to account for a major revenue share in 2027, Flat panel detectors (FPD) are used in direct digital radiography (DDR) for the conversion of x-rays to light (indirect conversion) or charge (direct conversion) which is read out using a thin film transistor (TFT) array.
  • Major players operating in the global digital radiography market include GE Healthcare, North Star Imaging, Fujifilm Holdings, Fresenius Se & Co. KGaA, Philips Healthcare, Shimadzu Corporation, Toshiba Medical System Corporation, Carestream Health, 3DX-Ray, Canon, Inc., and Bosello High Technology.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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