According to a market report by Lucintel, the future of the digital radiography market looks promising with opportunities in the chest imaging, cardiovascular imaging, dental, orthopedic, and mammography applications. The global digital radiography market is expected to grow with a CAGR of 5% to 7% from 2023 to 2028. The major drivers for this market are growing number of cancer and dental disorder diseases, rise in incidence of sports-related injuries, and rising geriatric population.
Direct radiography and computed radiography are the major segments of digital radiography market by product. Lucintel forecasts that direct radiography will remain the largest segment over the forecast period due to better contrast detectability, better medical evaluation, and superior & more accurate image capture. Additionally, it offers high image quality due to its use in flat panel detectors that directly produce digital images.
Within this market, cardiovascular imaging is expected to remain the largest segment as X-rays identify heart enlargement, which is due to heart failure or heart valve disease and are helpful in the diagnosis of constrictive pericarditis by identifying calcium deposits of the sac that envelops the heart.
APAC will remain the fastest growing region due to growing geriatric population particularly in Japan, increasing disposable incomes, allowing for greater affordability of advanced technologies, and the rising prevalence of target diseases.
Agfa-Gevaert Group, Carestream Health, Fujifilm Holdings Corporation, Hitachi, General Electric Company, Koninklijke Philips, Konica Minolta, Varian Medical Systems, Siemens, Aktiengesellschaft, and Canon are the major suppliers in the global digital radiography market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global digital radiography market by product, type, application, end-user, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Digital Radiography Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global digital radiography market by product, type, application, end-user, and region, as follows:
Digital Radiography Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
· Direct Radiography
· Computed Radiography
Digital Radiography Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Dynamic
· Static
Digital Radiography Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
· Chest Imaging
· Cardiovascular Imaging
· Dental
· Orthopedic
· Mammography
· Others
Digital Radiography Market by End-User [Value ($B) Shipment Analysis from 2017 to 2028]:
· Diagnostic Centers
· Hospital
· Others
Digital Radiography Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 205 pages and in-depth TOC on “Global Digital Radiography Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the digital radiography market by product (direct radiography and computed radiography), type (dynamic and static), application (chest imaging, cardiovascular imaging, dental, orthopedic, mammography, and others), end-user (diagnostic centers, hospital, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?