Digital X-ray Market by Application, Portability, Price segments, Flat panel detectors, Software worth $8,710 Million by 2018 - Research Report by MarketsandMarkets
(PRWEB) September 22, 2014 -- The report “Digital X-ray Market by Application (Mammography, Dental, Chest Imaging), Technology (Computes, Direct), Portability (Floor to ceiling mounted, Ceiling mounted, Handheld), End User, Price segments, Flat panel detectors, Software - Global Forecast to 2018” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the digital X-ray market along with the estimates and forecasts of the revenue and share analysis.
Browse 222 market tables and 18 figures spread through 344 pages and in-depth TOC on "Digital X-ray Market"
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The global digital X-ray market was valued at an estimated $4,687.2 million in 2013 and is expected to reach $8,710.0 million by 2018, growing at a CAGR of 13.2% between 2013 and 2018.
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The digital X-ray market is witnessing significant growth across the globe due to factors such as technological advancements, government investments, aging population, rising prevalence of diseases that require diagnosis, and growing number of regulatory approvals. Furthermore, numerous conferences are being organized across the globe, thereby increasing market awareness about technological developments, availability of new products, and ongoing research activities in the digital X-ray market. In addition, wireless portable systems have opened a wide array of opportunities in the digital X-ray market.
The report segments this market on the basis of application, technology, portability, product, end user, price, and geography. Among various applications, chest imaging, and dental have the largest shares in 2013, while mammography is forecasted to be the fastest-growing segment in the digital X-ray market. Factors such as technological advancements, government investments, aging population, growing prevalence of diseases requiring diagnosis, and rise in the number of regulatory approvals are driving the growth of the digital X-ray market. Furthermore, owing to continuous advancements in technology, new and innovative devices are being launched in the market, which is another major factor providing impetus for this market growth.
The computed radiography products market includes systems and components. The systems market includes new digital systems and retrofit systems. The retrofit market accounted for the highest share in 2013 due to affordable prices of these systems. The components can be segmented into detectors, software, and other components.
Based on geography, the global digital X-ray market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America accounted for the largest share of the market in 2013. This large share of the North American region is attributed to the government support in terms of formation of legislation, grants and funding, need for reducing healthcare costs, and the rising awareness of digital X-ray imaging.
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The prominent players in the digital X-ray market are Canon Inc. (Japan), Carestream Health (U.S.), Fujifilm Medical systems (Japan), GE Healthcare (U.K.), Hitachi Medical Corporation (Japan), Hologic, Inc. (U.S.), Philips Healthcare (Netherlands), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), and Toshiba Medical Systems Corporation (Japan).
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