Pune, March 21, 2022 (GLOBE NEWSWIRE) -- The Global Digital X-Ray Market is expected to clock US$ ~24.18 billion by 2031 owing to the rising prevalence of chronic diseases coupled with the increasing geriatric population.
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Growth Factors
Various prominent players are investing in R&D activities to launch AI-based digital x-ray systems. AI has practically taken over all aspects of radiology since bursting on the scene just a few short years ago. While the technology has applications across all modalities, its use is especially exciting in x-ray, for a variety of reasons. AI technologies have the potential to support diagnostic imaging workflow, leveraging the combination of deep learning. For Instance, in June 2020, Siemens Healthineers introduced Ysio X.pree, the world's first intelligent X-ray system with integrated AI for optimizing the daily routine of image acquisition in radiography.
AI is expected to find significant applications in the management of patient information generated during diagnosis, processing, and treatment. AI can be incorporated in solutions to help physicians make more informed decisions on disease diagnosis and patient care. It has the potential to not only diagnose patients in the absence of doctors but also augment doctors’ abilities and find and collate key relevant data for patient care.
The global digital x-ray market has been analyzed from five different perspectives – Technology, Portability, Application, End User, and Region.
Excerpts from ‘Competitive Landscape’
The prominent players operating in the global digital x-ray market are
- Siemens Healthineers
- Koninklijke Philips
- GE Healthcare
- Konica Minolta
- Samsung Medison
- Fujifilm
- Hitachi
- Carestream Health
- Canon Medical Systems
- Shimadzu
Excerpts from ‘By Application Segmentation’
The global digital x-ray market has been segmented majorly into five distinct categories depending on application, viz. orthopedic, dental, cardiology, oncology and other applications. The orthopedic application segment holds the largest share in the digital x-ray market. The large share of the segment can mainly be attributed to rising geriatric population globally coupled with rising prevalence of bone disorders. For instance, according to International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures annually worldwide, resulting in an osteoporosis fracture every 3 seconds. Osteoporosis is estimated to affect 200 million women worldwide, approximately one-tenth of women aged 60, one-fifth of women aged 70, two-fifths of women aged 80 and two-thirds of women aged 90.
Excerpts from ‘By Region Segmentation’
The global digital x-ray market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to command the largest share in the global digital x-ray market, followed by Asia Pacific, Europe & Rest of the World (RoW). Factors such as growing burden of chronic diseases, rapid adoption of technologically advanced products coupled with favorable reimbursement policies, developed healthcare infrastructure and presence of large number of prominent players can be attributed for the large share of the region in the global market.
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Report Scope:
| Report Coverage | Details |
| Forecast Period | 2021 to 2031 |
| Forecast Period 2021 to 2031 CAGR | 8.2% |
| 2031 Market Value | USD 24.18 billion |
| Base Year | 2020 |
| Historical Data | 2018 and 2019 |
| Number of pages | 100 - 120 |
| Segment Covered | Technology, Portability, Application, End-User |
Table of contents:
- INTRODUCTION
- Market Ecosystem
- Geographic Scope
- Timeline Under Consideration
- Historical Years – 2018 & 2019
- Base Year – 2020
- Forecasted Years – 2021 to 2031
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trend (COVID-19 Perspective)
- Technological Advancements
- Key Players & Their Competitive Positioning (2020)
- MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on 'Strategic Developments' registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- 'Business Profile' of Key Players
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