Global Digital X-ray Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 8.80 % during a forecast period.
The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers, and market disrupters in the report, and the same is reflected in our analysis. In the field of projection radiography, conventional X-ray radiography is replacing by digital imaging methods like storage phosphor plates and flat detectors. Digital technology has many advantages, mainly for imaging without automatic exposure control like bedside imaging. Digital radiography is filmless and permits immediate acquisition, deletion, editing and transfer of films to a computer system that generates the image almost at once. Global Digital X-ray Market, Dynamics: An increase in efficiency and better patient outcomes have driven many of the recent major advancements in DR technology, which includes improved image quality at lower radiation doses and workflow efficiencies to increase patient throughput. Also, Government and industry forces are pushing key players toward DR because it generates a higher-quality image over CR or film systems. As the healthcare sector shifts from a volume-based to a value-based system of reimbursement, performance data, and analytics are taking on the importance for key players to deliver proof of high performance. Some of the prominent vendors are expected to push the envelope of how to maximize image quality while maintaining a low dose. Despite all the features and advantages of digital x-ray, there are some weaknesses and hurdles that must be overcome before the accelerated transition from film to digital radiography can occur. The cost of routine check-up which includes x-ray imaging, exhaustive disease testing, and blood testing are still costly in many countries, which is expected to limit the global digital X-ray market growth. Global Digital X-ray Market, Segment Analysis: Portable X-ray is a useful tool for the diagnosis and monitoring of patients in the healthcare setting. The major benefit associated with portable X-ray systems is their ease of use and versatility. The portable X-ray machine has the potential to overcome location barriers and benefit patients who are in life-threatening situations and require immediate treatment. The consumer’s focus is gradually shifting from the stationary x-ray and conventional analog to portable or mobile x-ray devices are expected to increase the demand for portable X-rays. Innovative reformatory developments in the global healthcare facilities and the implementation of picture archiving and communication systems (PACS) in various developed countries are expected to drive the global market growth. Global Digital X-ray Market, Regional Analysis: North America region held the highest market share in the global digital X-ray market. The maximum share in the market is attributed to the presence of sophisticated healthcare infrastructure, the number of medical imaging procedures coupled with development, and increased use of computer technology. Furthermore, the Asia Pacific region is expected to grow at a XX% rate of CAGR during the forecast period. An increase in the prevalence of chronic diseases such as, cardiovascular diseases (CVDs), asthma, lung, and breast cancer are driving the demand for medical X-rays. Currently, digital X-ray technology has advanced to new horizons and is breaking newer barriers from conventional to computerized radiography (CR). Digital X-ray machines are finding increasing popularity in the Indian digital X-ray market. Intense competition is pushing pressure on margins for the DR Key players in the country. The objective of the report is to present a comprehensive analysis of the Global Digital X-ray Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Digital X-ray Market dynamics, structure by analyzing the market segments and projects the Global Digital X-ray Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Digital X-ray Market make the report investor’s guide.