$13 Bn Digital X-Ray Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 17, 2018--The “Digital X-ray Market by Application (Radiography, Orthopedic, Cardiovascular, Fluoroscopy, Chest), Technology (Direct, Computed Radiography), Portability (Handheld, Mobile), System (Retrofit, New), End User, Price - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The digital X-ray market is expected to reach USD 13.04 billion by 2023 from USD 8.68 billion in 2018, at a CAGR of 8.5%
The increasing geriatric population and the subsequent growth in global disease incidence, favorable regulations and government initiatives & investments, the advantages of digital X-ray systems, and technological advancements and product development are driving the growth of the digital X-ray market. On the other hand, market growth may be hindered due to high cost of digital X-ray systems.
Based on portability, the digital X-ray market is segmented into fixed digital X-ray systems and portable digital X-ray systems. The fixed digital X-ray systems segment is expected to dominate this market with the largest share due to the availability of cost-effective solutions and the wide application of these systems in diagnostics.
Based on system, the digital X-ray market is segmented into categories - new digital X-ray systems and retrofit digital X-ray systems. The retrofit systems segment is expected to account for the largest share of the digital X-ray market in 2018. Retrofit systems are a more cost-effective alternative to purchasing new digital X-ray systems. As a result, their demand is high among end users.
Asia to witness high growth during the forecast period.
In 2018, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the growing geriatric population, particularly in Japan; increasing disposable incomes, allowing for greater affordability to advanced technologies; the rising prevalence of target diseases; and favorable government initiatives.
Companies profiled in the reportCanon Inc. (Japan) Carestream Health (US) Fujifilm Corporation (Japan) GE Healthcare (US) Hitachi Ltd. (Japan) Hologic, Inc. (US) Philips Healthcare (Netherlands) Shimadzu Corporation (Japan) Siemens Healthineers (Germany) Konica Minolta, Inc. (Japan) Samsung Medison Co., Ltd. (Korea) Agfa Gevaert (Belgium)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 X-Ray Market, By Type
7 Digital X-Ray Market, By Application
8 Digital X-Ray Market, By Technology
9 Digital X-Ray Market, By Portability
10 Digital X-Ray Market, By System
11 Digital X-Ray Market, By End User
12 Digital X-Ray Market, By Price Range
13 Digital X-Ray Market, By Region
14 Competitive Landscape
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/mfmmmr/13_bn_digital?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180917005460/en/
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INDUSTRY KEYWORD: HEALTH RADIOLOGY
SOURCE: Research and Markets
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PUB: 09/17/2018 10:42 AM/DISC: 09/17/2018 10:42 AM