Description
The Global Digital Radiography Market size was USD 4.2 billion in 2023 and is projected to reach USD 8.5 billion by 2031, with a CAGR of 6.7% during the forecast period.
Global Digital Radiography Market: Overview
The digital radiography (DR) sector continues to grow rapidly as improved imaging equipment grow in popularity in medical. DR systems, that have been praised for their fast image gathering, excellent resolution, and efficient handling of data, are gaining popularity over conventional film-based radiography. North America, particularly the US, dominates the global market, then followed by Europe as well as Asia-Pacific. Japan has low adoption rates, with only 17,000 people every scanner. In the meantime, in the Nordic countries, computational tomography is commonly utilised with 95,000 persons per scanner. A study conducted in Angola shows the practicability of DR in poor nations, with 20,564 digital X-ray pictures gathered over a two-year period at a hospital. This demonstrates the technology’s potential to improve diagnostic imaging around the world, especially among low-resource situations.
Global Digital Radiography Market: Covid-19 Impact
The COVID-19 pandemic has significantly driven the global installation of digital radiography (DR) systems, specifically for asthma imaging. Agfa’s SmartXR Assistant, that was introduced during the global epidemic, uses artificial intelligence (AI) to improve the capture of images and optimise radiology procedures. Siemens Healthcare unveiled the Multix Impact C and VA20 sophisticated DR systems, that employ AI and automation to improve the user experience and efficiency in workflow. Canon Medical’s Soltus 500 Mobile Digital X-ray machine has proven vital for bedside exams due to its portability and ease of use, which is essential to evaluating or triaging patients while the pandemic is ongoing.
Global Digital Radiography Market: Growth Drivers
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Technological Advancements:
Technological advances in digital radiography (DR) are driving market expansion, with cordless detectors, dosage optimisation algorithms, and artificial intelligence (AI) applications improving the quality of images and efficiency of workflow. Canon Medical’s CXDI-Elite wireless detectors, especially the CXDI-720C, provide outstanding sensitivity and X-ray dosage leadership. Carestream Health’s long-length imaging DR detector takes all of the images in just one contact, making it flawless for paediatric imaging. AI-aided X-ray comprehension, which will be essential during the COVID-19 pandemic, improves the precision of diagnosis. Konica Minolta’s KDR devices enable the eventual combination of dynamic digital imaging (DDR) with computerised diagnostics (CAD). Fujifilm’s FDR Cross offers transportable fluoroscopic and radiographic imaging, meanwhile KA Imaging’s Revealing Mobi Lite device supports dual-energy subtracting for precise bone and tissue unfair treatment.
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Increasing Demand for Diagnostic Imaging:
The rising incidence of chronic illnesses, populations getting older, and rising costs for healthcare are all driving up demand for medical imaging services such as radiation therapy. An ageing world population, like the projected 94 million individuals aged 65 and up in the US alone by 2060, requires periodic scanning. Rising spending on healthcare, which exceeded $3.8 trillion in the USA in 2019, encourages the adoption of digital radiography because of its productivity, smaller radiation dose, and larger image quality.
Global Digital Radiography Market: Restraining Factors
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High Initial Investment:
The initial financial commitment required for setting up digital imaging systems can be important, especially for small hospitals and clinics with limited funding. The high price of digital radiography devices, setup, and training may pose a barrier to acceptance, particularly in poor countries without scarce funds.
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Integration Challenges:
Integrating digital radiography system into current healthcare IT infrastructures and photo storage and communication systems (PACS) may prove difficult and time-consuming. Interoperability constraints, data transfer difficulties, and connectivity concerns may all impede the smooth creation of digital radiography technological advances into medical facilities.
Global Digital Radiography Market: Opportunity Factors
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Emerging Markets:
Developing regions such as Asia-Pacific, Latin America, and the Middle East provide significant potential for expansion for digital radiography providers because of investment in medical infrastructure, rising incomes, and increased understanding of the advantages of digital imaging. In the Asia-Pacific region China and India are quickly building hospitals, with China striving for full healthcare coverage by 2030. Both Brazil and Mexico have witnessed increased disposable incomes and healthcare spending, evidenced by the introduction of Konica Minolta’s Momentum KXR Radiography System. Saudi Arabia as well as the UAE have invested heavily in health care to become global hubs, which has created increased demand with modern radiography systems.
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AI-driven Diagnostic Solutions:
The incorporation of artificial intelligence (AI) and machine learning (ML) algorithms into digital imaging systems offers up novel opportunities for automatic processing of images, computer-assisted evaluation, and forecasting. AI-powered diagnostic systems have an opportunity to improve the precision of diagnosis, shorten interpreting times, enhance clinical decision-making, advancing the adoption of computerised radiography in healthcare environments.
Global Digital Radiography Market: Challenges
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Regulatory Compliance:
Digital radiography producers face major obstacles in meeting demanding regulatory standards and high standards for medical products, as well as ensuring radiation safety. Getting regulatory permission while remaining compliant without shifting regulatory regimes in multiple nations can present logistic and monetary challenges for those in the market.
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Data Security and Privacy:
Digital radiography systems establish quite a bit of sensitive patient data, including medical pictures and personal health information. Maintaining data security, privacy, and compliance with regulations on data protection like as HIPAA (Health Insurance Portability as well as Accountability Act) are essential for reducing the risk of data breaches, unauthorised access, and confidentiality of patient data violations.
Global Digital Radiography Market: Segmentation
Based on Technology Type: The market is segmented into Computed Radiography (CR) and Direct Radiography (DR). Direct radiography currently dominates the market due to advantages such as faster image acquisition and higher image quality.
Based on Application: The market is segmented into General Radiography, Dental Radiography, and Fluoroscopy. General radiography holds the largest market share, driven by its wide range of applications in diagnostic imaging.
Based on End User: The market is segmented into Hospitals, Diagnostic Centers, and Others. Hospitals are the primary end users of digital radiography systems, accounting for the largest share of the market revenue.
Global Digital Radiography Market: Regional Insights
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North America:
North America, notably the US, is the biggest consumer base for digital radiography, owing to it’s well-established healthcare infrastructure, high spending on healthcare, and swift acceptance of new medical technologies. The US health care system, consisting of multiple hospitals as well as diagnostic centres, encourages the use of modern digital radiography for imaging purposes. Healthcare expenditure, that reached $3.8 trillion in 2019, enables significant expenditures in these kinds of innovations. Initial adoption patterns are aided by a favourable reimbursement situation and a robust regulation structure, with the authorities like as the FDA demonstrating the effectiveness and safety of medicines. These elements cooperate to motivate North America’s robust digital radiography market.
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Europe:
Europe is a significant digital radiography market, because of widespread acceptance of digital health care technology, government efforts, and higher expenditures in medical imaging equipment. The EU’s Digital Single Markets Strategy promotes digital health services, including radiography, with the goal to improve the treatment of patients while cutting expenses. Government programmes, like the UK’s NHS investment in computerised radiography, aim to modernise hospital facilities. The Horizon 2020 initiative supports novel medical imaging technology. The increasing demand in both inpatient and non-hospital settings, displayed by Siemens Healthineers’ advanced systems, highlights Europe’s willingness to continue developing digital imaging for superior healthcare results.
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Asia Pacific:
The Asia Pacific digital radiography market continues to expand because of greater spending on healthcare, better access, and knowledge. In China, the Healthy China 2030 project with investments for rural health care stimulate demand. India’s Ayushman Bharat initiative boosts the need for portable systems by requiring efficient testing. Japan’s sophisticated healthcare system and an ageing population have facilitated digital radiography installation. Such countries’ endeavours and investments in infrastructure promote market expansion by fulfilling expanding medical requirements and increasing capacity for diagnosis throughout the region.
Global Digital Radiography Market: Competitive Landscape
GE Healthcare, Siemens Healthineers, Philips Healthcare, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Agfa-Gevaert Group, Carestream Health, Hitachi Medical Systems, Konica Minolta, and Shimadzu Corporation.
Global Digital Radiography Market: Recent Developments
- A GE HealthCare study published in PLOS ONE shows adding [18F]FES (Cerianna) PET/CT scans to standard breast cancer diagnostics can increase ER status accuracy and save $142M over five years. This method reduces re-biopsies and ineffective treatments. Cerianna is FDA-approved for detecting ER-positive lesions.
- Philips has introduced its 3D intracardiac echocardiography (ICE) catheter, VeriSight Pro, to Hong Kong hospitals, marking its first use outside the US and Canada. This technology aids minimally-invasive procedures with high-quality imaging of difficult-to-see heart structures. Participating hospitals include Queen Elizabeth Hospital and Hong Kong Sanatorium & Hospital. VeriSight Pro is designed for use with Philips’ EPIQ ultrasound systems, enhancing procedural efficiency and patient outcomes.
