The Digital Radiology Market was estimated at USD 3.8 billion in 2023 and is projected to reach USD 5.04 billion by 2031, developing at a CAGR of 3.6% from 2024 to 2031.
Digital radiology is a radiology procedure that utilizes X-beam delicate plates to catch information straightforwardly while patient assessment. digital radiology is a high-level strategy of X-beam review that produces radiology pictures on a PC. The picture is supplanted by a sensor that gathers the information in digital radiology. Digital radiology is utilized in clinical imaging. digital radiology is suggested as a huge decision for clinical analysis, attributable to great picture handling and less radiation openness. Producers center around expanding characteristics, including difference, sharpness, and capacity to assess wounds continuously. Mechanical progressions in X-beam imaging worked on analytic exactness and limited radiation measurements.
Get more information on Digital Radiology Market - Request Sample Report
The development of the digital radiology industry is driven by a flood in the recurrence of persistent illnesses, sports-related wounds, and malignant growth. Consistently, numerous patients, especially in immature nations go through imaging testing. Likewise, development in the populace support interest in digital radiology locators in the future and subsequently helps the digital radiology market development. Besides, senior residents foster age-related messes, requiring the utilization of an assortment of radiologic assessments is one of the major digital radiology market patterns. Notwithstanding, significant expenses of these tests and a shortage of able experts block the development of the market. Moreover, significant producers center around giving new advancements to end clients, especially for C-arms and fluoroscopy gadgets, which prosper the digital radiology market and an amazing open door in the future.
The digital radiology market is expected to fill in the market with the headway of new innovations. Likewise, factors, for example, excellent imaging created by the innovation alongside the least radiation openness and advancement in more impressive are driving the market development. Be that as it may, the danger of unnecessary openness to radiations and significant expenses related to the establishment of fixed digital radiology frameworks are controlling business sector development. Additionally, conservative gadgets, an expansion in R&D exercises in this field, awareness through gatherings and projects, and an expansion in acknowledgment of convenient digital radiology frameworks are likewise factors for helping the development of the market.
The World Health Organization (WHO) on January 30, 2020 announced COVID-19 as a pandemic. Coronavirus affected 210 nations across the globe. State-run organizations across the globe announced unpreventable lockdowns and social separating measures to keep the framework of the medical service from imploding, attributable to the COVID-19 pandemic. Likewise, state legislatures carried out imperatives and limitations on continuous operations and elective medical procedures. These limitations keep on frustrating the development of different ventures. The conveyance, creation, and supply networks have been affected, because of the execution of lockdown across the globe.
MARKET SEGMENTATION
The digital radiology market is portioned based on type, technique, application, and by end-client. In view of type, the market is divided into fixed digital radiology frameworks and convenient digital radiology frameworks. Based on the strategy, the market is classified as registered radiography (CR) and direct radiology (DR). Based on application, the market is classified as cardiovascular imaging, chest imaging, dental imaging, mammography imaging, muscular imaging, and others. Based on end-client, the market is classified as clinics and facilities, analytic focuses, and others.
By Product Type
Stationary Digital Radiology System
Portable Digital Radiology System
By Application
Cardiovascular Imaging
Chest Imaging
Dental Imaging
Digital Mammography
Orthopedic Imaging
Others
By Technology
Direct Digital Radiology
Computed Digital Radiology
By end-user
Diagnostic Clinics
Other End Users
Hospitals
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the in digital radiology market based on various segments. It also provides market size and forecast estimates from the year 2024 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital radiology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trends and opportunities prevailing in the region.
Need any customization research on Digital Radiology Market - Enquiry Now
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Agfa-Gevaertgroup, Cannon Inc., Detection Technology, Fujifilm Holdings, Hitachi Ltd, General Electrics, Medtronics, Koninklijke Phillips, Samsung Electronics Co Ltd, and Others Players.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 3.8 Billion |
| Market Size by 2031 | US$ 5.04 Billion |
| CAGR | CAGR of 3.6% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product Type (Stationary Digital Radiology System, Portable Digital Radiology System) • By Application (Cardiovascular Imaging, Chest Imaging, Dental Imaging, Digital Mammography, Orthopedic Imaging, Others) • By Technology Type (Direct Digital Radiology, Computed Digital Radiology) • By End User (Diagnostic Clinics, Hospitals, others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Agfa-Gevaertgroup, CannonInc., Detection Technology, Fujifilm Holdings, Hitachi Ltd, General Electrics, Medtronics, Koninklijke Phillips, Samsung Electronics Co Ltd, and Others. |
Ans: The Digital Radiology Market is estimated to reach US$ 5.04 billion by 2031.
Ans: The Digital Radiology Market is to grow at a CAGR of 3.6% over the forecast period 2024-2031.
The market is growing due to an increase in orthopedic, cardiac, and dental illnesses, as well as advances in technology and the adaption of improved healthcare facilities.
Stationary Digital Radiology System and Portable Digital Radiology System are the sub-segments of product type.
Manufacturer and service provider, research institutes, universities, private libraries, suppliers, and distributors.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Digital Radiology Market Segmentation, by product type
8.1 Stationary Digital Radiology System
8.2Portable Digital Radiology System
9. Digital Radiology Market Segmentation, by Technology Type
9.1 Direct Digital Radiology
9.2 Computed Digital Radiology
10. Digital Radiology Market Segmentation, By application
10.1 Cardiovascular Imaging
10.2 Chest Imaging
10.3 Dental Imaging
10.4 Digital Mammography
10.5 Orthopedic Imaging
10.6 Other Applications
11. Digital Radiology Market Segmentation, By end-user
11.1 Diagnostic Clinics
11.2 Other End Users
11.3 Hospitals
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1Agfa-Gevaert Group
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Agfa-Gevaert group
13.3 Cannon Inc.
13.4 Detection Technology
13.5 Fujifilm Holdings
13.6 Hitachi,Ltd
13.7 General Electrics
13.8 Medtronics
13.9 Koninklijke Phillips
13.10 Samsung Electronics Co Ltd
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Healthcare Mobility Solutions Market Size was valued at USD 150.19 billion in 2023, and is expected to reach USD 1143.40 billion by 2032, and grow at a CAGR of 25.3% over the forecast period 2024-2032.
The Spirometer Market size is valued at USD 1.12 Bn in 2023 and is expected to reach USD 2.39 Bn by 2031 with a growing CAGR of 10.17% over the forecast period of 2024-2031.
NICU Catheters Market size was valued at USD 0.40 billion in 2023 and is expected to reach USD 0.67 billion by 2032, growing at a CAGR of 5.87% from 2024-2032.
The Sanger Sequencing Market Size was valued at USD 2,901.15 Million in 2023, and is expected to reach USD 12,356.57 Million by 2032, and grow at a CAGR of 18.63% Over the Forecast Period of 2024-2032.
The Monoclonal Antibody Therapy Market size was valued at USD 87.8 Bn in 2023 and is expected to reach USD 230.38 Bn by 2031 with a growing CAGR of 12.8% Over the Forecast Period of 2024-2031.
The Healthcare IT Integration Market Size was valued at USD 4.83 billion in 2023, and is expected to reach USD 12.40 billion by 2031, and grow at a CAGR of 12.5% over the forecast period 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
