Global Digital Radiography Market Growth 2019-2024

Digital Radiography is the electronic capture of an X-ray exposure. The exposure is captured in a device that converts the X-rays to a digital signal, which is then represented on a viewing monitor for diagnosis. An image from a Digital X-ray System that appears on a viewing monitor may have come from one of two technologies, namely Computed Radiography (CR) and Direct Digital Radiography (DR/ DDR).
The Digital Radiography consumption volume was 21349 Units in 2016 and is expected to reach 23241Units in 2017 and 34944 Units in 2022, growing at a CAGR of 8.49% from 2017 to 2022. Since 2016, China has been the largest consumption market of digital X-ray system, with shipments of about 5 thousand units. North America and Europe are still the most important market of digital x-ray system, but the consumption growth rate in Asia-Pacific and other emerging market is forecasted to be higher in the following years.

Currently, there is still great market potential for digital x-ray system, as the penetration rate of digital x-ray system is still not that high, especially in developing countries such as China, India, Brazil and etc. But it is forecasted that the growth rate of digital x-ray system may not keep not fast in the following years, after the penetration rate of digital x-ray system get reasonable level; what can not be ignored is that conventional x-ray system will disappear, conventional x-ray system still has a lot of advantages.

The manufactures of Digital Radiography are concentrated in Japan and North America. Europe is still the largest production area in the world, which occupied about 26% in 2016. The following areas are North America. As the design and manufacturing technology of digital x-ray system is quickly getting more and more mature, the manufacturers in developing countries, especially China, is actively competing in the market with low-cost products. And the price of digital x-ray system is reducing year by year, which is also a market driving factor.

Despite the presence of competition problems, due to the increasing demand of leading-edge, effective products and the development of downstream industry area, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.



According to this study, over the next five years the Digital Radiography market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 4070 million by 2024, from US$ 2990 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Digital Radiography business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Radiography market by product type, application, key manufacturers and key regions and countries.

This study considers the Digital Radiography value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
CR Tech Digital X-Ray System
DR Tech Digital X-Ray System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Dental
Orthopedics
General Surgery
Veterinarian
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GE Healthcare
Siemens Healthcare
Philips Healthcare
Agfa HealthCare
Fujifilm
Angell Technology
Carestream Health
Wandong Medical
Hitachi
Mindray
Land Wind
Toshiba
Konica Minolta
DEXIS
Shimadzu
Source-Ray
Samsung

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Digital Radiography consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Digital Radiography market by identifying its various subsegments.
Focuses on the key global Digital Radiography manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Radiography with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Digital Radiography submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.