Press release
Digital X-ray Devices: Ukraine-Russia War Market Insights, Demand, Analysis, Share, Forecast 2024-2033
Digital X-ray Devices Market
The Business Research Company offers in-depth market insights through Digital X-ray Devices Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The digital x-ray devices market size has grown rapidly in recent years. It will grow from $11.59 billion in 2023 to $13.14 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to reduced radiation exposure, diagnostic accuracy, workflow efficiency, government initiatives and regulations, transition from analog to digital systems.
The digital x-ray devices market size is expected to see rapid growth in the next few years. It will grow to $21.89 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to telemedicine and remote imaging, global health emergencies, focus on preventive healthcare, increasing outpatient imaging services, patient-centric imaging, global expansion of healthcare infrastructure. Major trends in the forecast period include mobile and portable X-ray devices, 3D and cone beam cut imaging, integration of artificial intelligence, digital radiography systems, dual-energy X-ray systems, wireless connectivity and cloud-based solutions.
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Market Segmentation:
The digital X-ray devices market covered in this report is segmented -
1) By Technology: Direct Radiography, Computed Radiography
2) By Portability: Handheld Systems, Portable X-Ray Systems, Mobile X-Ray Systems, Floor-to-ceiling Mounted Systems, Ceiling Mounted Systems, Fixed Digital X-Ray Systems
3) By Application: General Radiography, Chest Imaging Applications, Orthopedic Applications, Cardiovascular Imaging, Other General Radiography Applications, Dental Applications, Mammography, Cancer, Fluoroscopy
4) By End Users: Hospitals, Diagnostic Centers, Dental Care Centers
Major Driver - The Rising Number Of Road Accident Cases
The rising number of road accident cases is expected to propel the growth of the digital X-ray devices market over the coming years. A road accident is defined as the patients following a motor vehicle crash meeting Vittel criteria for the severity of the trauma, which opens up new demand for digital X-ray devices. For instance, according to the US federal government, road fatalities spiked in the first half of 2021, the largest increase ever recorded in its reporting system's history during a six-month period. More than 20,000 people died in motor vehicle crashes on U.S. roads, a nearly 20% increase from the same period in 2020. Therefore, a rising number of road accidents cases drives the digital X-ray devices market.
Competitive Landscape:
Major companies operating in the digital x-ray devices market report are Bracco Imaging S.p.A., Samsung Medison, Esaote SpA, Hitachi Ltd, Canon Inc., Siemens Healthcare GmbH, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., GE Healthcare, Villa Sistemi Medicali S.p.A., Konica Minolta, Agilent Technologies, Hologic Inc., Toshiba Medical Systems Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Dentsply Sirona, Shimadzu Corporation, PerkinElmer Inc., Varian Medical Systems, Carestream Health, Agfa-Gevaert Group, Varex Imaging Corporation, Planmeca Oy, Gendex Dental Systems, Analogic Corporation, KaVo Dental, Midmark Corporation, Acteon Group, J. Morita Corporation, Ziehm Imaging GmbH, General Medical Merate S.p.A., MinXray Inc.
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Top Trend - Samsung And Vuno Forge Strategic Partnership To Integrate AI Solutions Into Digital X-Ray Devices
Major companies operating in the digital X-ray devices market are focused on forming strategic partnership to strengthen their position in the market. A business partnership is a legal relationship formed between two or more individuals or companies, in which they share ownership, risks, and rewards of a business. For instance, in October 2021, Samsung, a South Korea based prover of a wide range of home electronics with cutting-edge technology partnered with VUNO, a South Korea based Artificial Intelligence (AI) medical software firm to integrate VUNO's AI-assisted solutions into Samsung's ceiling-type digital radiography system. With this partnership, Samsung to supply the VUNO Med-Chest X-ray solution to the electronics maker's mobile digital radiography system GM85, making the AI solution an adjunct to Samsung's mobile and ceiling type digital X-ray systems and available for use by customers in Korea as well as Europe and other key markets around the world.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Digital X-ray Devices Market Characteristics
3. Digital X-ray Devices Market Trends And Strategies
4. Digital X-ray Devices Market - Macro Economic Scenario
5. Digital X-ray Devices Market Size And Growth
…..
27. Digital X-ray Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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