Digital X-Ray Systems Market by Technology, Product, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70814
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The digital X-ray systems market has the potential to grow by USD 7.06 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 12.84%.

This digital X-ray systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (DR and CR), product (stationary digital X-ray systems and portable digital X-ray systems), application (interventional X-ray, mammography, fluoroscopy, dental X-ray, and others), and geography (North America, Europe, Asia, and ROW). The digital X-ray systems market report also offers information on several market vendors, including ACTEON Group, Agfa Gevaert NV, Canon Inc., Carestream Health Inc., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., KaVo Dental GmbH, Koninklijke Philips NV, and Siemens AG among others.

What will the Digital X-Ray Systems Market Size be in 2021?

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Digital X-Ray Systems Market: Key Drivers and Trends

The wide-ranging applications of DR are notably driving the digital X-ray systems market growth, although factors such as financial and budget constraints in hospitals may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the digital X-ray systems market industry get your FREE report sample now.

  • The wide-ranging applications of DR is one of the significant factors driving digital X-ray systems market growth.
  • The advanced digital X-ray systems find use in various emerging clinical, scientific, industrial, and other applications.
  • Clinical and research applications include specimen radiography, neonatal imaging, and pathology.
  • Neonatal imaging is one of the emerging applications of DR.
  • The scientific applications include biosciences, non-isotope-based irradiation systems, forensic analysis, and non-destructive testing (NDT).
  • Forensic science uses digital X-ray systems to find the cause of death, forensic anthropology, reveal latent fingerprints, and identify gemstones and art.
  • Neuro-molecular imaging and emergency medicine are trending applications of digital X-ray systems.
  • The growing importance of tele-imaging will fuel the growth of the digital X-ray systems market size.
  • Tele-imaging has become advanced, wherein doctors/hospitals can share videos and images of ultrasound via the internet using an IP camera and remote access software.
  • The introduction of fully automated, versatile, and easy-to-use digital X-ray systems has led to significant expansion of teleradiology and tele-imaging in remote areas.
  • Researchers are focusing on developing a low-cost tele-imaging platform by using inexpensive and readily available technology/equipment.
  • This low-cost platform will further increase the adoption of tele-imaging in low- and middle-income countries, thereby increasing the demand for various imaging procedures such as digital X-rays.

This digital X-ray systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Digital X-Ray Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ACTEON Group
  • Agfa Gevaert NV
  • Canon Inc.
  • Carestream Health Inc.
  • FUJIFILM Holdings Corp.
  • General Electric Co.
  • Hitachi Ltd.
  • KaVo Dental GmbH
  • Koninklijke Philips NV
  • Siemens AG

 

The digital X-ray systems market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the digital X-ray systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Digital X-Ray Systems Market?

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37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for digital X-ray systems in North America. However, the market growth rate in North America will be slower than the growth of the market in Asia and Europe.

The rising older population and the increase in the incidence of diseases will facilitate the digital X-ray systems market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Digital X-Ray Systems Market?

Digital-X-Ray-Systems-Market-Market-Share-by-Technology-2020-2025

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The digital X-ray systems market share growth by the DR segment will be significant during the forecast period. The DR segment is driven by technological advances in automation, a growing number of people with chronic conditions, and the need for improved and quicker imaging methods. It is mainly fueled by the rise in the prevalence of spinal disorders such as herniated discs, degenerative disc disease, spondylolisthesis, prolapsed intervertebral disc, and spinal stenosis. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the digital X-ray systems market size.

 

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What are the Key Factors Covered in this Digital X-Ray Systems Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital X-ray systems market growth during the next five years
  • Precise estimation of the digital X-ray systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital X-ray systems market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of digital X-ray systems market vendors

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Digital X-Ray Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13%

Market growth 2021-2025

$ 7.06 billion

Market structure

Fragmented

YoY growth (%)

12.32

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 37%

Key consumer countries

US, Germany, China, Canada, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ACTEON Group, Agfa Gevaert NV, Canon Inc., Carestream Health Inc., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., KaVo Dental GmbH, Koninklijke Philips NV, and Siemens AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Stationary digital X-ray systems - Market size and forecast 2020-2025
    • Portable digital X-ray systems - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Interventional X-ray - Market size and forecast 2020-2025
    • Mammography - Market size and forecast 2020-2025
    • Fluoroscopy - Market size and forecast 2020-2025
    • Dental X-ray - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • DR - Market size and forecast 2020-2025
    • CR - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • Asia - Market size and forecast 2020-2025
      • ROW - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ACTEON Group
      • Agfa Gevaert NV
      • Canon Inc.
      • Carestream Health Inc.
      • FUJIFILM Holdings Corp.
      • General Electric Co.
      • Hitachi Ltd.
      • KaVo Dental GmbH
      • Koninklijke Philips NV
      • Siemens AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The digital x-ray systems market growth will increase by $7063.96 million during 2020-2025.
      The digital x-ray systems market is expected to grow at a CAGR of 12.84% during 2020-2025.
      Technavio has segmented the digital x-ray systems market by technology (DR and CR) ,product (Stationary digital X-ray systems and Portable digital X-ray systems) , and application (Interventional X-ray, Mammography, Fluoroscopy, Dental X-ray, and Others).
      ACTEON Group, Agfa Gevaert NV, Canon Inc., Carestream Health Inc., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., KaVo Dental GmbH, Koninklijke Philips NV, Siemens AG are a few of the key vendors in the digital x-ray systems market.
      North America will register the highest growth rate of 37.46% among the other regions. Therefore, the digital x-ray systems market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the digital x-ray systems market growth are:
      • Wide-ranging applications of DR
      The digital x-ray systems market vendors should focus on grabbing business opportunities from the dr segment as it accounted for the largest market share in the base year.
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