What is Digital Radiography Market Scope?
Digital Radiography involves the capturing of X-ray exposure electronically, this exposure is kept in a device that converts the X-rays into a digital signal. It then helps in representing on monitors for the diagnosis. The digital radiology works in two technologies namely computed radiology (CR) and direct digital radiology (DR), which gives real-time data and reviews in no time. It actually uses the active matrix flat panels consisting of a detection layer deposited over an active matrix array of thin layer transistors and photodiodes. It helps in reducing the time improving workflows by producing higher quality images as it uses x-ray sensitive plates that directly capture data during the examination and diagnosis. The global digital radiography market is immensely impacted by the COVID 19 pandemic across the world, as one of the major testings for the disease is chest imaging. However, in some parts of the world demand is exceeding the supply leading to a shortage of radiography devices.
Influencing Trend:
Continuous Technological Advancements in Digital Radiography and The Advent of Software Related Processing in Digital Radiography
Market Growth Drivers:
Digitalization in the Healthcare Industry for Accurate Examination and Treatment, Demand for Viewing Real-Time Data and Need for Eliminating the Chemical Processing of the X-ray Films for Faster Results
Challenges:
Adherence to Regulatory Standards Regarding Digital Radiography and Technological Problems with Devices
Restraints:
Need Skilled Professionals to Operate Digital Radiography System and Software and Scarcity of Digital Radiography Devices Due to Huge Demand Prevailing in the Market
Opportunities:
Growing Healthcare Spendings Across the World and Surging Demand for Digital Radiography From Countries Severely Hit by COVID 19 Pandemic
The Digital Radiography market study is being classified by Type (Direct Radiography and Computed Radiography), by Application and major geographies with country level break-up.
According to AMA, the Global Digital Radiography market is expected to see growth rate of 5.9% and may see market size of USD2967.0 Million by 2027.Siemens Healthineers AG (Germany), GE Healthcare (United States), Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (United States), Hitachi Medical Corporation (Japan), Samsung Healthcare, Canon Inc. (Japan), Konica Minolta Healthcare (Viztek), Angell Technology Co., Ltd (China), Mindray Bio-Medical Electronics Co., Ltd. (China), Carestream Health (United States) and Agfa-Gevaert Group (Belgium) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Digital Radiography market by Type, Application and Region.
On the basis of geography, the market of Digital Radiography has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 7th April 2020, Agfa-Gevaert Group announced its offering of advanced Chest+ software, for gridless bedside imaging, temporarily for free to fight against COVID-19. As a dedicated partner to healthcare providers around the world, Agfa is offering its Chest+ software upgrade free of charge, to help them cope with the COVID19 crisis. Chest imaging is a key part of triage and treatment for the new and coronavirus. The Chest+ software helps improve speed and productivity for these critical X-rays, even for care professionals who are less familiar with mobile X-ray equipment.
"Samsung’s Digital Radiography systems commercialized by the organization have received a cybersecurity certification known as the Authority to Operate (ATO) for the Risk Management Framework (RMF) program set forth by the United States Department of Defense (DOD). The certification given by the United States government has a stringent set of regulations derived from NIST 800-53 in place regarding the cybersecurity of systems that will connect to government networks and protect the data and integrity of all medical devices. Samsung pledges to make every effort to comply with the safety, security, integrity and national regulations of its products."
Key Target Audience
Digital Radiography System Manufacturers, Digital Radiography Software Developers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Hospital, Industry Associations and Others
Digital Radiography Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Digital Radiography Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Digital Radiography industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.