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21-Jun-2019

Digital X-Ray With Exponential CAGR Of 9.12% And Market Expected To Grow Significantly USD 14.73 Billion By 2024

Global Digital X-Ray Market is expected to grow significantly from USD 7.86 billion in 2017 to USD 14.73 billion in 2024, at an exponential CAGR of 9.12% during 2018-2024.

The global digital x-ray market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the global digital x-ray market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East and Africa (GCC, South Africa, and Rest of Middle East and Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the global digital x-ray market?

What is the market drivers, restrains, opportunities governing the global digital x-ray market?

Which are the largest and the fastest growing segments in the global digital x-ray market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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The growth can be primarily attributed to the increasing adoption of digital imaging technology, and increasing incidents of breasts cancer and oral disorders. Moreover, rising number of accidental cases and technological advancements in X-rays and product development are anticipated to augment the demand for digital X-ray market over the forecast period. Additionally, increasing preference for digital X-ray systems is driven by benefits such as enhanced imaging quality, ability to handle higher imaging volumes, and greater portability.

The years used for the assessment are as follows;

Historical year:2014, 2015, and 2016
Base year:2017
Forecast period:2018 ndash; 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, government websites, annual reports, press releases, white papers, surveys, investor presentation of companies, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total global digital X-ray market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global digital X-ray market
Finalizing the overall size and share of the global digital X-ray market

OBJECTIVES:

To analyze market trends, opportunities, drivers, and restraints associated with the global digital X-ray market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the digital X-ray market and provide their competitive landscape

MARKET SCOPE

The research scope for global digital X-ray market is as follows:

By Portability

Portable Digital X-Ray Systems
Mobile X-Ray Systems
Handheld X-Ray Systems
Fixed Digital X-Ray Systems
Ceiling-Mounted Systems
Floor-To-Ceiling Mounted Systems

By Technology

Computed Radiography
Direct Digital Radiography

By System

New Digital X-Ray Systems
Retrofit Digital X-Ray Systems

By Price Range

Low-End Digital X-Ray Systems
Mid-Range Digital X-Ray Systems
High-End Digital X-Ray Systems

By Application

Dental
Mammography
General Radiography
Orthopedic
Chest Imaging
Cardiovascular Imaging
Fluoroscopy
Other

By End-user

Hospitals
Ambulatory Surgical centers
Diagnostic Centers

By Region

North America
Europe
Asia-Pacific
Central and South America
Middle East and Africa

FREE ANALYSIS

This is an era of digital revolution where the world is moving from analogue to digital electronics. Digital X-ray is changing the way radiology departments operate. This technology is able to improve diagnostic image quality, reduce the patient exposure to radiation, and reduce the chemical processing costs as compared to traditional X-ray systems.

The growth in the digital X-ray market is attributed to the increasing number of accidental cases, and technological advancements in X-rays technology. Moreover, increasing preference for digital X-ray systems is driven by benefits such as enhanced imaging quality, ability to handle higher imaging volumes, and greater portability.

The digital X-ray system has witnessed high adoption rate in developed countries, and the demand for the digital X-ray has been increasing in large hospitals and diagnostic centers. However, emerging economies such as India China, Latin America, and Middle East and Africa have yet to digitalize their X-ray systems. Some major hospitals in these countries have already used the digital X-ray systems, but most of smaller hospitals and clinics are still in the process of replacing their analog systems.

Geographically, the digital X-ray market is segmented into North America, Europe, Asia-Pacific, Central and South America, and Middle East and Africa. North America dominated the global market for digital X-ray in 2017, and is projected to maintain its dominance over the forecast period.The region is set to offer lucrative opportunity for digital X-ray market owing to growing research and development activities and growing adoption of advance technologies. Asia-Pacific is expected to witness the highest CAGR during 2018-2024, owing to increasing government and private investment in healthcare sector in the region. Moreover, favorable government regulations and increasing aging population are further boosting the market growth.

Some of the key companies operating in the market include CareStream Health, Hologic Inc, GE Healthcare, Konica Minolta, Inc., Hitachi, Ltd., Fujifilm Medical Systems, Inc., Philips Healthcare, Canon U.S.A, Agfa HealthCare, and Siemens Healthcare Private Limited, among others.

Few Significant from Table Of Contents

Global Digital X-Ray Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope and assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Global Digital X-Ray- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global digital X-ray market

3.4. Value chain analysis

3.5. Market opportunities and trends

3.5.1. Growing awareness among people

3.5.2. Growing research and development activities

3.6. Market driver analysis

3.6.1. Technological advancements in product development

3.6.2. Rising number of accidental cases

3.6.3. Increasing incidents of breasts cancer and oral disorders

3.6.4. Increasing adoption of digital imaging technology

3.6.5. Rise in aging population

3.7. Market restraint analysis

3.7.1. High cost of digital x-ray

3.8. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Company share analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Digital X-Ray Market Size and Forecast (2014 ndash; 2024)

5.1. Global Digital X-Ray Market, By Portability (USD Billion)

5.1.1. Portable Digital X-Ray Systems

5.1.1.1. Mobile X-Ray Systems

5.1.1.2. Handheld X-Ray Systems

5.1.2. Fixed Digital X-Ray Systems

5.1.2.1. Ceiling-Mounted Systems

5.1.2.2. Floor-To-Ceiling Mounted Systems

5.2. Global Digital X-Ray Market, By Technology (USD Billion)

5.2.1. Computed Radiography

5.2.2. Direct Digital Radiography

5.3. Global Digital X-Ray Market, By System (USD Billion)

5.3.1. New Digital X-Ray Systems

5.3.2. Retrofit Digital X-Ray Systems

5.4. Global Digital X-Ray Market, By Price Range (USD Billion)

5.4.1. Low-End Digital X-Ray Systems

5.4.2. Mid-Range Digital X-Ray Systems

5.4.3. High-End Digital X-Ray Systems

5.5. Global Digital X-Ray Market, By Application (USD Billion)

5.5.1. Dental

5.5.2. Mammography

5.5.3. General Radiography

5.5.3.1. Orthopedic

5.5.3.2. Chest Imaging

5.5.3.3. Cardiovascular Imaging

5.5.3.4. Others

5.5.4. Fluoroscopy

5.6. Global Digital X-Ray Market, By End-user (USD Billion)

5.6.1. Hospitals

5.6.2. Ambulatory Surgical centers

5.6.3. Diagnostic Centers

CHAPTER 6. Global Digital X-Ray Market, By Geography

6.1. North America Digital X-Ray Market

6.1.1. North America Digital X-Ray Market By Portability (USD Billion)

6.1.2. North America Digital X-Ray Market, By Technology (USD Billion)

6.1.3. North America Digital X-Ray Market, By System (USD Billion)

6.1.4. North America Digital X-Ray Market, By Price Range (USD Billion)

6.1.5. North America Digital X-Ray Market, By Application (USD Billion)

6.1.6. North America Digital X-Ray Market, By End-user (USD Billion)

6.1.7. North America Digital X-Ray Market, By Country

6.1.7.1. The U.S.

6.1.7.2. Canada

6.1.7.3. Mexico

6.2. Europe Digital X-Ray Market

6.2.1. Europe Digital X-Ray Market By Portability (USD Billion)

6.2.2. Europe Digital X-Ray Market, By Technology (USD Billion)

6.2.3. Europe Digital X-Ray Market, By System (USD Billion)

6.2.4. Europe Digital X-Ray Market, By Price Range (USD Billion)

6.2.5. Europe Digital X-Ray Market, By Application (USD Billion)

6.2.6. Europe Digital X-Ray Market, By End-user (USD Billion)

6.2.7. Europe Digital X-Ray Market, By Country

6.2.7.1. Germany

6.2.7.2. France

6.2.7.3. The U.K.

6.2.7.4. Spain

6.2.7.5. Rest of Europe

6.3. Asia-Pacific Digital X-Ray Market

6.3.1. Asia-Pacific Digital X-Ray Market By Portability (USD Billion)

6.3.2. Asia-Pacific Digital X-Ray Market, By Technology (USD Billion)

6.3.3. Asia-Pacific Digital X-Ray Market, By System (USD Billion)

6.3.4. Asia-Pacific Digital X-Ray Market, By Price Range (USD Billion)

6.3.5. Asia-Pacific Digital X-Ray Market, By Application (USD Billion)

6.3.6. Asia-Pacific Digital X-Ray Market, By End-user (USD Billion)

6.3.7. Asia-Pacific Digital X-Ray Market, By Country

6.3.7.1. China

6.3.7.2. Japan

6.3.7.3. Australia

6.3.7.4. India

6.3.7.5. Rest of Asia-Pacific

6.4. Central and South America Digital X-Ray Market

6.4.1. Central and South America Digital X-Ray Market By Portability (USD Billion)

6.4.2. Central and South America Digital X-Ray Market, By Technology (USD Billion)

6.4.3. Central and South America Digital X-Ray Market, By System (USD Billion)

6.4.4. Central and South America Digital X-Ray Market, By Price Range (USD Billion)

6.4.5. Central and South America Digital X-Ray Market, By Application (USD Billion)

6.4.6. Central and South America Digital X-Ray Market, By End-user (USD Billion)

6.4.7. Central and South America Digital X-Ray Market, By Country

6.4.7.1. Brazil

6.4.7.2. Argentina

6.4.7.3. Rest of Central and South America

6.5. Middle East and Africa Digital X-Ray Market

6.5.1. Middle East and Africa Digital X-Ray Market By Portability (USD Billion)

6.5.2. Middle East and Africa Digital X-Ray Market, By Technology (USD Billion)

6.5.3. Middle East and Africa Digital X-Ray Market, By System (USD Billion)

6.5.4. Middle East and Africa Digital X-Ray Market, By Price Range (USD Billion)

6.5.5. Middle East and Africa Digital X-Ray Market, By Application (USD Billion)

6.5.6. Middle East and Africa Digital X-Ray Market, By End-user (USD Billion)

6.5.7. Middle East and Africa Digital X-Ray Market, By Country

6.5.7.1. South Africa

6.5.7.2. Saudi Arabia

6.5.7.3. Rest of Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. CareStream Health

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Hologic Inc

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. GE Healthcare

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Konica Minolta, Inc.

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Hitachi, Ltd.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Fujifilm Medical Systems, Inc.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Philips Healthcare

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Canon U.S.A

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Agfa HealthCare

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Siemens Healthcare Private Limited

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Abbreviation

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Last Updated: 21-Jun-2019