The global market for Digital Radiography is estimated at US$23.2 Billion in 2023 and is projected to reach US$34.8 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the digital radiography market is driven by several factors. Technological advancements, such as the development of advanced detectors and the integration of AI in image analysis, have significantly improved the quality and efficiency of digital radiography systems. The increasing prevalence of chronic diseases and the growing demand for early and accurate diagnosis are expanding the market for digital radiography. The shift towards value-based care and the emphasis on reducing healthcare costs are encouraging the adoption of DR, which offers faster imaging and improved workflow efficiency.
Additionally, the rising awareness about the benefits of low-dose imaging techniques is driving the demand for digital radiography, as it enhances patient safety. Government initiatives and funding to improve healthcare infrastructure, particularly in emerging economies, are also contributing to the market growth. Furthermore, the COVID-19 pandemic has highlighted the importance of advanced imaging technologies in managing healthcare crises, boosting the adoption of digital radiography systems. These factors collectively ensure the robust growth of the digital radiography market, supporting the ongoing advancements in medical imaging and diagnostics.
The growth in the digital radiography market is driven by several factors. Technological advancements, such as the development of advanced detectors and the integration of AI in image analysis, have significantly improved the quality and efficiency of digital radiography systems. The increasing prevalence of chronic diseases and the growing demand for early and accurate diagnosis are expanding the market for digital radiography. The shift towards value-based care and the emphasis on reducing healthcare costs are encouraging the adoption of DR, which offers faster imaging and improved workflow efficiency.
Additionally, the rising awareness about the benefits of low-dose imaging techniques is driving the demand for digital radiography, as it enhances patient safety. Government initiatives and funding to improve healthcare infrastructure, particularly in emerging economies, are also contributing to the market growth. Furthermore, the COVID-19 pandemic has highlighted the importance of advanced imaging technologies in managing healthcare crises, boosting the adoption of digital radiography systems. These factors collectively ensure the robust growth of the digital radiography market, supporting the ongoing advancements in medical imaging and diagnostics.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Computed Radiography (CR) segment, which is expected to reach US$17.0 Billion by 2030 with a CAGR of a 7.8%. The Direct Digital Radiography (DDR) segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $6.2 Billion in 2023, and China, forecasted to grow at an impressive 10.1% CAGR to reach $8.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Digital Radiography Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Radiography Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Digital Radiography Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agfa HealthCare NV, Air Techniques Inc., Analogic Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 28 Featured):
- Agfa HealthCare NV
- Air Techniques Inc.
- Analogic Corporation
- Canon U.S.A. Inc.
- Carestream Health Inc.
- Fujifilm Medical Systems U.S.A. Inc.
- GE Healthcare
- Hologic Inc.
- Imaging Dynamics Company Ltd.
- Konica Minolta Inc.
- Philips Healthcare
- Sectra AB
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Shimadzu Corporation
- Siemens Healthineers
- Swissray International Inc.
- Varex Imaging Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
- Agfa HealthCare NV
- Air Techniques Inc.
- Analogic Corporation
- Canon U.S.A. Inc.
- Carestream Health Inc.
- Fujifilm Medical Systems U.S.A. Inc.
- GE Healthcare
- Hologic Inc.
- Imaging Dynamics Company Ltd.
- Konica Minolta Inc.
- Philips Healthcare
- Sectra AB
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Shimadzu Corporation
- Siemens Healthineers
- Swissray International Inc.
- Varex Imaging Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 266 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 23.2 Billion |
Forecasted Market Value ( USD | $ 34.8 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |