The digital x-ray market is expected to reach $ 10.46 billion by 2020 from $ 6.15 billion at a growing CAGR of 11.2%.
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Factors such as increasing prevalence of diseases and the need for diagnosis will drive the growth of this market. The diagnostic centers segment is expected to account for the largest share. The digital x-ray market is segmented into diagnostic centers and hospitals.
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The global digital x-ray market is segmented based on application, technology, portability, type of system, end-users, price, and regions. The general radiography segment is expected to register the highest growth rate in the digital x-ray market, by application, during the forecast period. The high growth in this segment is attributed to the increasing new product launches.
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Geographically, the digital x-ray market is dominated by North America, followed by Europe, Asia, and the Rest of the World. Growth in the North American segment is primarily driven by increasing aging population, and technological advancements in the North American countries. The major factors contributing to the growth of the digital x-ray market include increasing aging population and high incidences of diseases. Furthermore, increasing new product development activities by companies is another major factor driving the growth of this market.
“In October 2015, Siemens Healthcare launched Multitom Rax, a twin robotic X-ray system.”
High growth potential in emerging markets has opened an array of opportunities for the digital x-ray market. The digital x-ray market report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by the market players to maintain and increase their shares in the market.
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The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the digital x-ray market. The report analyses the digital x-ray market by application, technology, portability, type of system, end-users, price, and regions
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the digital x-ray market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the digital x-ray market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various digital x-ray market products across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the digital x-ray market
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