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Digital Radiography Industry Outlook 2025-2029: Market Set to Cross $12.25 Billion Milestone
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Digital Radiography Market Size By 2025?
In recent times, the size of the digital radiography market has witnessed robust growth. The market, which stood at $7.83 billion in 2024, is projected to rise to $8.38 billion in 2025, representing a compound annual growth rate (CAGR) of 7.1%. Factors contributing to this unprecedented growth during the historical period include improvements in image quality, decrease in radiation exposure, increased workflow efficiency, better diagnostic capabilities, surge in chronic diseases, affordable long-term solutions, and a rise in the older population.
How Big Is the Digital Radiography Market Size Expected to Grow by 2029?
The market for digital radiography is anticipated to experience substantial growth in the upcoming years, with projections suggesting it will reach $12.25 billion by 2029 with a compound annual growth rate (CAGR) of 9.9%. The predicted growth over the forecast period is linked to the development in portable DR systems, enhancement in point-of-care imaging, amalgamation of hybrid imaging solutions, concentration on pediatric imaging, extended use in veterinary imaging, along with trends in personalized medicine and dose optimization efforts. Key trends for the forecast period encompass the shift from analog to digital imaging, improvements in detector technologies, the emergence of wireless and portable digital radiography systems, the incorporation of artificial intelligence (AI), standardization and interoperability, as well as the increasing presence of mobile x-ray units.
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Which Key Market Drivers Powering Digital Radiography Market Expansion and Growth?
The growth of the digital radiography market is predicted to be fuelled by the escalating trend of digitization within the healare industry. Digitization signifies the transition from analog to digital information. The healare industry's digitization provides numerous advantages such as real-time health data, joint research and studies, smooth doctor-patient interaction, and streamlined administrative tasks, which inevitably stimulate the demand for digital radiography. For example, according to the UK government in June 2022, the NHS.uk site now gets an average of 80 million views a month, securing it the largest health information provider in Europe. The NHS app, offering easy access to services, currently boasts over 28 million users and sees an average weekly use of around 2.7 million times. This app is on track to become the main access point to health and care services in the UK. Therefore, the growing prevalence of digitization in healare is instrumental in propelling the digital radiography market.
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Which Fast-Growing Trends Are Poised to Disrupt the Digital Radiography Market?
Emerging technological innovations are a prominent trend emerging in the digital radiography market. Several dominant companies within this market are keen on creating novel tech solutions to solidify their market standing. For example, in February 2022, Carestream, an American digital radiography company, unveiled the DRX Compass, a sophisticated digital diagnostic tool. This cutting-edge radiological solution is precise, user-friendly, and adaptable, offering radiologists unparalleled efficiency. Further, it provides excellent diagnostic quality with decreased patient dosage and simplified operation for technicians, thereby enhancing the diagnostic accuracy and productivity of the diagnostic facility.
What Are the Emerging Segments in the Digital Radiography Market?
The digital radiography market covered in this report is segmented -
1) By Product Type: Computed Radiography, Direct Radiography
2) By Equipment: Detectors, Sensors, Photoconductor, Retrofit Radiography System, Scintillator, Phosphor Imaging Plate (IP), Other Equipment
3) By Portability: Fixed, Mobile
4) By Application: Dentistry, Orthopedics, Oncology, General Surgery, Mammography, Pulmonary Imaging, Cardiology, Gynecology, Other Applications
5) By End Use Industry: Hospitals, Clinics, Ambulatory Surgical Centers, Medical Research Institutes, Other End-User Industries
Subsegments,
1) By Computed Radiography (CR): CR Systems, CR Detectors, CR Software
2) By Direct Radiography (DR): DR Systems, DR Detectors, DR Software
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Who Are the Global Leaders in the Digital Radiography Market?
Major companies operating in the digital radiography market are Agfa-Gevaert Group, Carestream Health Inc., Canon Inc., Fujifilm Holdings Corporation, Koninklijke Philips N.V., Siemens Aktiengesellschaft, GE Healare, Hitachi Ltd., Konica Minolta Inc., Varian Medical Systems Inc., North Star Imaging Inc., Shimadzu Corporation, Toshiba Medical Systems Corporation, Bosello High Technology SRL, Detection Technology Oyj, COMET Group, Hologic Inc., Samsung Medison Co. Ltd., Esaote SpA, Mindray Medical International Limited, Analogic Corporation, Varex Imaging Corporation, Ziehm Imaging GmbH, Planmeca Oy, Dentsply Sirona Inc., Villa Sistemi Medicali S.p.A.
Which are the Top Profitable Regional Markets for the Digital Radiography Industry?
North America was the largest region in the digital radiography market in 2024. Asia-Pacific is expected to be the fastest-growing region in the digital radiography market report during the forecast period. The regions covered in the digital radiography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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