Published :
Tables : 45
Figures : 48
Category : Healthcare
No. of Pages : 226
Report Code : HC-1268
Digital X ray Devices Market is estimated at a value of USD 15 billion by the end of 2027 at a CAGR of 10.5 %. during the forecast period of 2020-2027. The market is driven by many factors and can range from the product developments and technological innovations, the numerous benefits associated with the digital X-ray devices systems, relaxed government rules and regulations, a rise in disease pools as well as the ever-increasing geriatric population. Based on the segmentation, the market includes fluoroscopy, dental applications general radiography and mammography. According to the estimations, the year 2020 is when the general radiography is predicted to rise to the rank of the largest global digital X-ray devices market share. Due to the rise of ailments such as osteoporosis, tuberculosis, growing ageing population and CVD, there are product launches being made in the traditional applications of radiography which are expected to see much global digital X-ray devices market growth. The digital X-ray devices market has been divided into two areas of technology, the computed radiography and direct radiography. In the case of direct radiography segmentation, it has been forecasted to arrive at the highest CAGR and it should be noted that there are a range of advantages in the case of direct radiography segments. Among these advantages lie in the fact that there is improved medical assessment, improved contrast detectability, productive dynamic range, reduced exposure of radiation for workers and patients, more accurate and better image capture, improved throughput of patients, image management flexibility, lower operational costs and well-structured evaluation of data and images are all factors which are improving the scope for segment growth in the digital X-ray market. Based on the end user, the market has been categorized into two segments, mainly that of the diagnostic hospitals and centres. The hospital segment has anticipated registering a high CAGR over the forecast time frame. The rise in private and government investments along with an increasing integration in digital X-ray devices in the hospital settings are some of the key aspects of the segment growth. Key market players include Koninklijke Philips NV, Fujifilm Holdings Corporation, GE Healthcare, Siemens Healthineers, Canon Medical Systems Corporation (Toshiba), Hitachi Ltd, Hologic Inc., Samsung Medison Co. Ltd, Shimadzu Corporation, Carestream Health Inc. The Impact of COVID-19 On the Digital X ray Devices Market: As per an article published by the MIT Technology Review, an advanced open access neural network, COVID-Net, which was announced in March 2020, can help doctors and researchers to identify COVID-19 patients. COVID-Net is an AI which is effective in identifying images and it was trained to diagnose COVID-19 signs through chest X-rays by creating an image dataset taken from patients with varying lung conditions. But COVID-Net is not yet a solution that is ready for production, but the prospects of this neural network are quite high. According to the interview given by the vice president of the Spanish Society of Radiology to the healthcare-in-Europe, the demand for chest radiographs has augmented exponentially with the rise in the number of COVID-19 patients. The chest X-rays are primarily performed on confirmed or highly suspicious patients with the help of specific circuits. Furthermore, the portable radiology equipment are gaining significant demand for determining whether the patient is diagnosed with COVID-19. The vice president further mentioned that they receive over 400 patients daily and there is a protocol set for a patient to be provided with a chest X-ray. Digital X-ray Devices Market Segmentation: By Product Type: Analog X-Ray Digital X-Ray By Application: Cardiovascular Orthopedic Dental Cancer Other By Technology: Direct Radiography Radio Radiography By Portability: Hand Systems Fixed Systems Mobile Systems Portable Systems By End User: Hospitals Diagnostic Centers By Region: North America Europe Asia Pacific Latin America Rest of the World FutureWise Key Takeaways: Growth prospects SWOT analysis Key trends Key data-points affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the global digital X-ray devices by product type, by application, by technology, by portability, by end user and by region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and the overall market To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and rest of the world To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Flexible Delivery Model: We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement The customization services offered are free of charge with purchase of any license of the report. You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
The market is driven by many factors and can range from the product developments and technological innovations, the numerous benefits associated with the digital X-ray devices systems, relaxed government rules and regulations, a rise in disease pools as well as the ever-increasing geriatric population. Based on the segmentation, the market includes fluoroscopy, dental applications general radiography and mammography. According to the estimations, the year 2020 is when the general radiography is predicted to rise to the rank of the largest global digital X-ray devices market share. Due to the rise of ailments such as osteoporosis, tuberculosis, growing ageing population and CVD, there are product launches being made in the traditional applications of radiography which are expected to see much global digital X-ray devices market growth.
The digital X-ray devices market has been divided into two areas of technology, the computed radiography and direct radiography. In the case of direct radiography segmentation, it has been forecasted to arrive at the highest CAGR and it should be noted that there are a range of advantages in the case of direct radiography segments. Among these advantages lie in the fact that there is improved medical assessment, improved contrast detectability, productive dynamic range, reduced exposure of radiation for workers and patients, more accurate and better image capture, improved throughput of patients, image management flexibility, lower operational costs and well-structured evaluation of data and images are all factors which are improving the scope for segment growth in the digital X-ray market.
Based on the end user, the market has been categorized into two segments, mainly that of the diagnostic hospitals and centres. The hospital segment has anticipated registering a high CAGR over the forecast time frame. The rise in private and government investments along with an increasing integration in digital X-ray devices in the hospital settings are some of the key aspects of the segment growth.
Key market players include Koninklijke Philips NV, Fujifilm Holdings Corporation, GE Healthcare, Siemens Healthineers, Canon Medical Systems Corporation (Toshiba), Hitachi Ltd, Hologic Inc., Samsung Medison Co. Ltd, Shimadzu Corporation, Carestream Health Inc.
The Impact of COVID-19 On the Digital X ray Devices Market:
As per an article published by the MIT Technology Review, an advanced open access neural network, COVID-Net, which was announced in March 2020, can help doctors and researchers to identify COVID-19 patients. COVID-Net is an AI which is effective in identifying images and it was trained to diagnose COVID-19 signs through chest X-rays by creating an image dataset taken from patients with varying lung conditions. But COVID-Net is not yet a solution that is ready for production, but the prospects of this neural network are quite high. According to the interview given by the vice president of the Spanish Society of Radiology to the healthcare-in-Europe, the demand for chest radiographs has augmented exponentially with the rise in the number of COVID-19 patients. The chest X-rays are primarily performed on confirmed or highly suspicious patients with the help of specific circuits. Furthermore, the portable radiology equipment are gaining significant demand for determining whether the patient is diagnosed with COVID-19. The vice president further mentioned that they receive over 400 patients daily and there is a protocol set for a patient to be provided with a chest X-ray.
Digital X-ray Devices Market Segmentation:
By Product Type:
By Application:
By Technology:
By Portability:
By End User:
By Region:
FutureWise Key Takeaways:
Objectives of the Study:
Flexible Delivery Model:
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Global Digital X Ray Devices Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Industry Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. Technology Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances 5. Global Digital X Ray Devices Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Digital X Ray Devices Companies on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. High Cost Associated with Implementation of Predictive Analysis 5.1.3. Industry Challenges 5.1.3.1. Presence of Ambiguous Regulatory Framework 6. Global Digital X Ray Devices Market Analysis Tools 6.1. Industry Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. Technology Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. Technology Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Digital X Ray Devices Market, By Product Type Historical Analysis and Forecast 2020-2027 (USD Million) 7.1. Analog X-Ray 7.2. Digital X-Ray 8. Global Digital X Ray Devices Market, By Application Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Cardiovascular 8.2. Orthopedic 8.3. Dental 8.4. Cancer 8.5. Other 9. Global Digital X Ray Devices Market, By Technology Historical Analysis and Forecast 2020-2027 (USD Million) 9.1. Direct Radiography 9.2. Radio Radiography 10. Global Digital X Ray Devices Market, By Portability Historical Analysis and Forecast 2020-2027 (USD Million) 10.1. Hand Systems 10.2. Fixed Systems 10.3. Mobile Systems 10.4. Portable Systems 11. Global Digital X Ray Devices Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million) 11.1. Hospitals 11.2. Diagnostic Centers 12. North America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 12.2.1. U.S.A 12.2.2. Canada 12.3. Market Size (USD Million) Forecast for North America 2020-2027 13. Latin America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Brazil 13.2.2. Mexico 13.2.3. Rest of Latin America 13.3. Market Size (USD Million) Forecast for Latin America 2020-2027 14. Europe Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 14.1. Introduction 14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 14.2.1. Germany 14.2.2. U.K 14.2.3. France 14.2.4. Italy 14.2.5. Spain 14.2.6. Russia 14.2.7. Poland 14.2.8. Rest of Europe 14.3. Market Size (USD Million) Forecast for Europe 2020-2027 15. Asia Pacific Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 15.1. Introduction 15.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 15.2.1. Japan 15.2.2. China 15.2.3. India 15.2.4. Australia and New Zealand 15.2.5. ASEAN 15.2.6. Rest of Asia Pacific 15.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 16. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Disease Indication Portfolio, Financial Layouts) 16.1. Koninklijke Philips NV 16.1.1. Company Overview 16.1.2. Product Portfolio 16.1.3. SWOT Analysis 16.1.4. Financial Overview 16.1.5. Strategic Overview 16.2. Fujifilm Holdings Corporation 16.2.1. Company Overview 16.2.2. Product Portfolio 16.2.3. SWOT Analysis 16.2.4. Financial Overview 16.2.5. Strategic Overview 16.3. GE Healthcare 16.3.1. Company Overview 16.3.2. Product Portfolio 16.3.3. SWOT Analysis 16.3.4. Financial Overview 16.3.5. Strategic Overview 16.4. Siemens Healthineers 16.4.1. Company Overview 16.4.2. Product Portfolio 16.4.3. SWOT Analysis 16.4.4. Financial Overview 16.4.5. Strategic Overview 16.5 Canon Medical Systems Corporation (Toshiba) 16.5.1. Company Overview 16.5.2. Product Portfolio 16.5.3. SWOT Analysis 16.5.4. Financial Overview 16.5.5. Strategic Overview 16.6. Hitachi Ltd 16.6.1. Company Overview 16.6.2. Product Portfolio 16.6.3. SWOT Analysis 16.6.4. Financial Overview 16.6.5. Strategic Overview 16.7. Hologic Inc. 16.7.1. Company Overview 16.7.2. Product Portfolio 16.7.3. SWOT Analysis 16.7.4. Financial Overview 16.7.5. Strategic Overview 16.8. Samsung Medison Co. Ltd 16.8.1. Company Overview 16.8.2. Product Portfolio 16.8.3. SWOT Analysis 16.8.4. Financial Overview 16.8.5. Strategic Overview 16.9. Shimadzu Corporation, 16.9.1. Company Overview 16.9.2. Product Portfolio 16.9.3. SWOT Analysis 16.9.4. Financial Overview 16.9.5. Strategic Overview 16.10. Carestream Health Inc. 16.10.1. Company Overview 16.10.2. Product Portfolio 16.10.3. SWOT Analysis 16.10.4. Financial Overview 16.10.5. Strategic Overview 17. Impact of COVID-19 17.1. Positive influence on the healthcare industry 17.2. The financial disruption of the manufacturing sector 17.3. Impact of COVID-19 on emerging companies 17.4. Significant mandates in the healthcare regulations initiated by administrations 17.5. The overall economic slowdown of the developing and developed nations 18. FutureWise SME Key Takeaway Points for Client
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