Digital Radiography Market

The global Digital Radiography market was valued at 3557.46 Million USD in 2021 and will grow with a CAGR of 5.11% from 2021 to 2027, based on Research newly published report.

The prime objective of Digital Radiography Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Digital Radiography Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Digital Radiography is the electronic capture of an X-ray exposure. The exposure is captured in a device that converts the X-rays to a digital signal, which is then represented on a viewing monitor for diagnosis. An image from a Digital X-ray System that appears on a viewing monitor may have come from one of two technologies, namely Computed Radiography (CR) and Direct Digital Radiography (DR/ DDR).The Digital Radiography consumption volume was 21349 Units in 2016 and is expected to reach 23241Units in 2017 and 34944 Units in 2022, growing at a CAGR of 8.49% from 2017 to 2022. Since 2016, China has been the largest consumption market of digital X-ray system, with shipments of about 5 thousand units. North America and Europe are still the most important market of digital x-ray system, but the consumption growth rate in Asia-Pacific and other emerging market is forecasted to be higher in the following years. Currently, there is still great market potential for digital x-ray system, as the penetration rate of digital x-ray system is still not that high, especially in developing countries such as China, India, Brazil and etc. But it is forecasted that the growth rate of digital x-ray system may not keep not fast in the following years, after the penetration rate of digital x-ray system get reasonable level; what can not be ignored is that conventional x-ray system will disappear, conventional x-ray system still has a lot of advantages. The manufactures of Digital Radiography are concentrated in Japan and North America. Europe is still the largest production area in the world, which occupied about 26% in 2016. The following areas are North America. As the design and manufacturing technology of digital x-ray system is quickly getting more and more mature, the manufacturers in developing countries, especially China, is actively competing in the market with low-cost products. And the price of digital x-ray system is reducing year by year, which is also a market driving factor. Despite the presence of competition problems, due to the increasing demand of leading-edge, effective products and the development of downstream industry area, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.

By Market Verdors:

GE Healthcare

Siemens Healthcare

Philips Healthcare

Agfa HealthCare

Fujifilm

Angell Technology

Carestream Health

Wandong Medical

Hitachi

Mindray

Land Wind

Toshiba

Konica Minolta

DEXIS

Shimadzu

Source-Ray

Samsung

By Types:

CR Tech Digital X-Ray System

DR Tech Digital X-Ray System

By Applications:

Dental

Orthopedics

General Surgery

Veterinarian

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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