Digital Radiography Market

The report "Digital Radiography Market by Product (Fixed (Floor-to-Ceiling, Ceiling), Portable (Mobile, Handheld)), Type (Retrofit, New Digital System), Application (Chest, CVS, Ortho, Pediatric), End User (Hospitals, Imaging Center) - Global Forecast to 2029", will grow from USD 1.6 billion in 2024 to USD 1.9 billion by 2029, at a CAGR of 3.5% from 2024 to 2029. A host of advantages that digital radiography systems offer over the traditional film-based method are the fast image acquisition, lesser radiation exposure, and better image quality. Moreover, some of the latest technologies in artificial intelligence and machine learning have already found their way into integration with digital radiography systems, which could automate a lot of tasks in relation to image analysis and interpretation for diagnostic results with accuracy and efficiency.

Browse 204 market data Tables and 54 Figures spread through 222 Pages and in-depth TOC on "Digital Radiography Market by Product (Fixed (Floor-to-Ceiling, Ceiling), Portable (Mobile, Handheld)), Type (Retrofit, New Digital System), Application (Chest, CVS, Ortho, Pediatric), End User (Hospitals, Imaging Center) - Global Forecast to 2029"
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Fixed digital radiography systems segment to register significant growth rate over the forecast period of 2024-2029

Based on the product, the digital radiography market has been classified into segments fixed digital radiography systems (floor-to-ceiling-mounted systems and ceiling-mounted systems) and portable digital radiography systems (mobile systems and handheld systems). The digital radiography system market is on a rapid growth path, impelled by the benefits of high-resolution images, reduced radiation doses, and lesser time consumption towards processing. The reason this segment is growing at a faster pace is the increasing demand for effective and precise imaging in healthcare facilities, along with the rapid advancements in technology that are resulting in the hospitals and diagnostic centers rapidly adopting these systems to upgrade their diagnostic capabilities and enhance workflow efficiency.

New digital system segment accounted for the largest share of the digital radiography market, by type market in 2023

Based on type, The global digital radiography market is bifurcated into key segments: retrofit and new digital system segments. It is projected that, by 2023, the new digital segment will be leading the market. Increasing investments are being made in setting up new digital radiography systems across healthcare facilities worldwide to expand imaging capabilities and phase out old analog and film-based systems. New digital radiography systems boast higher resolution, faster image acquisition, and even better algorithms on image processing, thus increasing the accuracy and speed of diagnosis.

Based on application, in 2023, the dominant segment in the digital radiography market was chest imaging. The chest imaging application grows rapidly in the digital radiography market, which is driven by the increased prevalence of respiratory diseases and a consequent need for diagnostic tools that are accurate and effective. Improving technology in digital radiography also enhances the quality and speed of chest imaging, thereby turning it into a key constituent of the early detection and management process of lung diseases. The growth is driven by an increased focus on preventive care and integration of advanced imaging solutions in healthcare facilities.

Based on end-user, in 2023, the dominant segment in the digital radiography market was hospitals. The digital radiography markets grow because of the impetus given by hospitals, driven by increasing demands for high-quality imaging and reduced radiation exposure with streamlined workflows. High demand is found for the digital radiography systems to increase diagnosis accuracy, enhance patient outcome, and be easily integrated with advanced healthcare information technology systems—factors acting as growth drivers.

Asia-Pacific market to hold major share in the market during the forecast period

Based on region, Asia-pacific, accounted for the largest share of the global digital radiography market in 2023. This would amount to various contributory factors: large and rapidly increasing population, growing spending on healthcare, and improving access to healthcare services likely to increase demand for advanced diagnostic imaging solutions including digital radiography systems in this region; rising burden of chronic diseases and rising emphasis on preventive healthcare practices in most Asia Pacific countries, wherein early diagnosis and management are crucial with the help of digital radiography technology.

As of 2023, The prominent players in the digital radiography market are GE HealthCare (US), Siemens Healthineers AG (Germany), Philips healthcare (Nertherlands), Canon Inc.(Japan), FUJIFILM Holdings Corporation(Japan), Carestream Health.( Canada), Shimadzu Corporation (Japan), Konica Minolta, Inc.( Japan), Agfa-Gevaert Group (Belgium), MinXray, Inc. (US), BPL Medical Technologies. (India), SternMed GmbH. (US), among others.

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