Digital X-Ray Devices Market Shares & Forecast by 2024 – Market Size, Type, Manufacturers, Application, Industry Analysis by Geographical Regions

Digital X-Ray Devices

Digital X-Ray Devices Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Digital X-Ray Devices market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Mammography is Expected to Hold Significant Market Share in the Application Segment

Digital mammography, also known as full-field digital mammography (FFDM), is a system in which the x-ray film is replaced by electronic devices that convert x-rays into mammographic pictures of the breast. According to the Center for Disease Control (CDC), breast cancer is one of the most common cancers among women, irrespective of race or ethnicity. Moreover, it is the third most common cause of death due to cancer among the American, Indian, and Alaskan native women. American Cancer Society reported that about 252,710 new cases of breast cancer were recorded in the in 2017. This indicates that the rate of breast cancer is increasing, which consequently increases the need for mammography procedures, ultimately contributing to the growth of the market studied. Thus, there is an alarming need for mammography, due to the increasing prevalence of breast cancer around the world.

North America Dominates the Market and is Expected to do the Same in the Forecast Period

The shift from conventional x-ray imaging to digital imaging is a rapid process, and it is expected to become the most widely used imaging method in the United States. The new law, Consolidated Appropriations Act of 2016, in the United States, favors digital imaging over other methods, by reducing Medicare payments to hospitals and clinics using computed radiography (CR) or analog x-rays for imaging studies. This shift toward digital imaging is expected to greatly improve patient care in the United States. Thus, increased technological innovation and government policies are aiding the market’s growth.

Market Overview:

  • The Digital X-Ray Devices Market is expected to register a CAGR of nearly 10.9% during the forecast period, 2019-2024. This report is segmented by Application (Orthopedic, Mammography, Chest Imaging, Dental, Cardiovascular, and Other Applications), Technology, Portability, and Geography.
  • – Certain factors that are driving the market growth include growing occurrences of orthopedic diseases, technological advancements in X-rays, and increase in geriatric population.
  • – New advancements have been made in digital x-rays, with the use of sensors instead of films.
  • – The use of digital X-rays decreases the patients’ exposure levels to radiation and increases the clarity of the images produced. The images produced can be enhanced and quickly sent for the diagnosis.
  • – Digital imaging is also environment-friendly, as it reduces the need for chemicals and disposal of film paper.
  • – Digital X-ray devices are also time-saving, for both the patient and the physician, and therefore, are highly preferred.
  • – All the aforementioned factors are boosting the growth of the market studi

    Key Manufacturers Like 

  • Canon Inc.
  • Fujifilm Corporation
  • GE Healthcare
  • Hitachi Medical Corporation
  • Hologic Corporation
  • Koninklijke Philips N.V
  • Samsung Medison
  • Shimadzu Corporation
  • Siemens AG.

    Scope of the Report:

  • Digital x-ray or digital radiography is a form of x-ray imaging, where digital x-ray sensors are used instead of traditional photographic films. This offers the added advantages of time efficiency and ability to transfer images digitally, as well as enhance them for better visibility. This method bypasses the chemical processing of photographic films. Digital x-ray imaging has high demand, as it requires less radiation exposure, when compared to the traditional x-rays.

    Digital X-Ray Devices market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Digital X-Ray Devices market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Digital X-Ray Devices market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Digital X-Ray Devices market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Digital X-Ray Devices market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Digital X-Ray Devices ?
    • Who are Opportunities, Risk and Driving Force of Digital X-Ray Devices market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Digital X-Ray Devices space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Digital X-Ray Devices market opportunities, market risk and market overview of the Market?

    Lastly, the Global Digital X-Ray Devices Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Digital X-Ray Devices Market Report:

    • To provide a detailed analysis of the market structure along with the Digital X-Ray Devices market forecast of various segments and sub-segments of the Digital X-Ray Devices market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Digital X-Ray Devices market trends that influence the global Digital X-Ray Devices market

    Detailed TOC of Digital X-Ray Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Occurrences of Orthopedic & Cancer Diseases
    4.2.2 Technological Advancements in X-Rays
    4.2.3 Increase in Geriatric Population
    4.3 Market Restraints
    4.3.1 High Initial Cost of Installation
    4.3.2 Lack of Reimbursement
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Orthopedic
    5.1.2 Mammography
    5.1.3 Chest Imaging
    5.1.4 Dental
    5.1.5 Cardiovascular
    5.1.6 Others
    5.2 Technology
    5.2.1 Computed Radiography
    5.2.2 Direct Radiography
    5.3 Portability
    5.3.1 Fixed Systems
    5.3.2 Portable Systems
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East and Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East and Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Canon Inc.
    6.1.2 Fujifilm Corporation
    6.1.3 GE Healthcare
    6.1.4 Hitachi Medical Corporation
    6.1.5 Hologic Corporation
    6.1.6 Koninklijke Philips N.V
    6.1.7 Samsung Medison
    6.1.8 Shimadzu Corporation
    6.1.9 Siemens AG

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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