Global Digital Radiography Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Digital Radiography Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Digital Radiography Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Digital Radiography Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Digital radiography is a mode of X-ray imaging, instead of traditional photographic film digital X-ray sensors are used. It is mainly the electronic capture of an X-ray exposure. These exposure is captured in a device that converts the X-rays to a digital signal, which is then presented on a viewing monitor for diagnosis.
The demand for digital radiography market is increasing on a large scale owing to the aging population. The awareness programs and conferences should be arranged regarding the market growth. Government initiatives are taking place to boost the market growth. The other factors responsible for driving the growth of the market includes government investments, favorable returns on investments, technological advancements, and product developments.
The restraining factor that can hamper the growth of the market includes the complex regulatory procedures and high cost of digital X-ray systems. There are different opportunities that can strengthen the growth of the market such as development of advanced systems, integrated of technologies to provide cost-effective solutions, and growth potential of emerging market. The market has to face various different challenges such as lack of reimbursement.
On the basis of segmentation, the market is bifurcated into different segments which includes application, technology, portability, type of system, end-user, price segments, and region. The application segment is categorized into general radiography applications, chest imaging applications, orthopedic applications, and others. According to the technology, market is divided into computed radiography and direct radiography. The portability segment includes, fixed digital x-ray systems, floor-to-ceiling mounted systems, ceiling mounted systems, and others. The type of systems includes retrofit & refurbished systems and new digital x-ray systems. The end-users of the market are bifurcated into diagnostic centers, hospitals, and others. The price segment consists of low-priced systems, medium-priced systems, and premium-priced systems.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • Who are the major key players in global digital radiography market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Canon Inc., Carestream Health Inc., Fujifilm Medical Systems, GE Healthcare, Hitachi Medical Corporation, Hologic, Inc., Philips Healthcare, Shimadzu Corporation, Siemens Healthcare, and Toshiba Medical Systems Corporation.
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