Digital X-ray Devices Market – 2019-2025
Digital radiography is a form of X-ray imaging, where digital X-ray sensors are used instead of traditional photographic film.
The use of digital X-rays has caused the patient’s exposure levels to radiation to decrease and the clarity of the images produced has increased. The images produced can be enhanced and quickly sent for the diagnosis. The digital imaging is also environment-friendly as it lightens the need for the chemicals and disposal of film paper. Digital X-rays save the time for both the patient and the physician, and therefore, are highly preferred. All the above mentioned factors are boosting the growth of the market.
The other factors which are driving the market include the increase in geriatric population, growing occurrences of orthopedic & cancer diseases, and development of technology.
The development in radiology since the past two decades has transformed the way x-ray imaging is being conducted. The major advantages of digital imaging are cost effectiveness and easy to access. The hospitals are able to cut the cost by lowering the film price, reducing the requirement of storage space, and decreasing the number of people required to run the services and archive sections.
The images are instantly available for distribution to the clinical services without the time and physical effort needed to retrieve film packets and reviewing previous imaging on a patient is much easier. Digital X-rays expose approximately 70% to 80% less radiation than conventional X-rays. This is hugely beneficial for the long-term health of patients, especially pregnant women or patients, who are already suffering from illness, thus ensuring safety. With the help of digital X-rays, dentists are now able to easily recognize oral issues, which is leading to a declining need for an invasive investigation at the diagnosis stage.
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The following manufacturers are covered:
Digital X-ray Devices-Global Market Status and Trend Report 2019-2025 offers a comprehensive analysis on Digital X-ray Devices industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provide useful data and information.
Digital X-rays have no processing time; hence the results are immediately available for viewing. However, traditional radiography requires a film to be processed, therefore have to return for a follow-up appointment. Superior imaging capabilities of digital X-ray make diagnosis quicker and easier for dentists, resulting in early detection among patients. Additionally, digital radiography safely stores patient X-rays, resulting in no loss from the holders. All the aforementioned factors are currently augmenting the growth of the digital X-ray devices market.
This report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Opportunity mapping in terms of technological breakthroughs
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Scope of the Report
As per the scope of this report, digital X-ray or digital radiography is a form of X-ray imaging, where digital X-ray sensors are used instead of traditional photographic films. This has an added advantage of time efficiency and the ability to transfer images digitally, as well as enhance them for better visibility. This method bypasses the chemical processing of photographic films. Digital X-ray imaging has high demand, as it requires less radiation exposure compared to the traditional X-rays.
Key Market Trends
Mammography is Expected to Witness the Highest CAGR in the Coming Future
According to the Centers for Disease Control (CDC), breast cancer is one of the most common cancers among women, irrespective of race or ethnicity. Moreover, it is the third-most common cause of death due to cancer among American, Indian, and Alaskan native women. The American Cancer Society has reported that about 252,710 new cases of breast cancer were found in 2017. This indicates that the extent of breast cancer is increasing, which consequently increases the need for mammography procedures, ultimately contributing to the growth of the market studied.
Moreover, according to the American College of Radiology, mammography has reduced breast cancer mortality in the United States by nearly 40%, since 1990. In Arizona, Mobile On-site Mammography Inc. is the largest and most advanced mobile mammography program.
Mobile mammography programs reduce many barriers to breast cancer screening faced by medically underserved women. Finding and maintaining resources, as well as having appropriate equipment, infrastructure, and a dedicated team with an efficient workflow, are the key elements of establishing a cost-effective mobile mammography program.
Thus, there is an alarming need for mammography, due to the increasing prevalence of breast cancer around the world.
North America to Dominate the Market During the Forecast Period
The shift from conventional X-ray to digital imaging is a quick process, and it is expected to become the most widely used imaging method in the United States. The new law, Consolidated Appropriations Act of 2016, in the United States favors digital imaging over other methods, by reducing medicare payments to hospitals and clinics using computed radiography (CR) or analog x-rays for imaging studies. This shift toward digital imaging is expected to greatly improve patient care in the United States.
Moreover, this law came into practice since 2017 and is expected to reduce medicare payments by 20% for providers using analog X-ray studies and those performing imaging on computed radiography (CR) equipment. These payments are expected to be reduced by 7% during 2018-2022, and 10% after that. Transition to digital imaging is expected to increase workflow and efficiency, while lowering the radiation dose received by patients. In an age where the cost of medicine is high, lowering the cost per procedure while increasing safety is important for better patient care.
Additionally, in 2018, Fujifilm Medical Systems USA Inc. launched a pediatric solution portfolio with digital radiography (DR), healthcare IT, and point-of-care ultrasound to serve the patients. Thus, increased technological innovation and government policies are aiding the market’s growth.
The digital X-ray devices market is consolidated, and a few companies are currently dominating the market. These companies include GE Healthcare, Koninklijke Philips NV, Fujifilm Holdings Corporation, Siemens Healthineers, and Canon Medical System Corporation (Toshiba).
Customization of the Report
- Value chain analysis
- Consumer behavior analysis at country level
The report includes six parts, dealing with:
1.) basic information;
2.) the Asia Digital X-ray Devices Speaker Market;
3.) the North American Digital X-ray Devices Speaker Market;
4.) the European Digital X-ray Devices Speaker Market;
5.) market entry and investment feasibility;
6.) the report conclusion.
Table of Content:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The report Research:
1.The report Research provides key statistics on the market status of the Digital X-ray Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of Digital X-ray Devices industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Digital X-ray Devices Industry before evaluating its feasibility.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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