Free Submission Public Relations &
Deutsch English

Digital X-Ray Market: Forecast to 2018

Global digital x-ray market: $4.8 billion industry by 2018

Print article Print article
2014-02-18 02:47:01 - Digital X-Ray Market: Forecast to 2018 - a new market research report on

The global digital X-ray market has been estimated at $3.8 billion in 2013, and is expected to grow at a CAGR of 4.51% from 2013 to 2018. By 2018, the industry is forecast to be worth $4.82 billion. Digital radiography, the fastest-growing segment with a CAGR of 5.43%, is expected to grow rapidly and supersede computed radiography (CR) over the next decade. Developing countries play a vital role in the growth of the digital X-ray market, as the market in developed nations has reached a saturation point.Asia, which accounts for two-third of the worlds population, has potential to overtake North America and Europe as the major market over the next decade. Adoption of new technology in these regions is on



the rise, as consumers are more aware about current trends and technology advancements.Radiography is the largest segment in the $15 billion medical imaging market with products in technology categories such as analogs, computed radiography, digital radiography, C-arm and fluoroscopy. It is the most common and basic medical imaging technique used in medical diagnosis.The digital X-ray market is broadly segmented into types, major product segments, and applications.Digital X-ray types are further classified as computed radiography (CR) and digital radiography (DR), while major product segments are segmented into three types, namely, detectors, software and X-ray contrast media. Detectors are further segmented into flat panel detectors, charge coupled devices (CCD), and complementary metal-oxide-semiconductor (CMOS). Applications are classified as chest imaging, mammography, dental,- fluoroscopy, and others (musculoskeletal, whole body, and neonatal imaging).Computed radiography accounts for more than 70% market share in the digital X-ray market. Cost is a major advantage in the growth of the segment. Digital radiography costs more than computed radiography and has few advantages over the latter. Adoption of digital radiography in North America and Europe is very high, resulting in high market share in these regions.Europe has a high adoption of digital X-ray systems; it accounts for 28% market share of the global digital X-ray market. Countries like Germany, The Netherlands, U.K. and France has more than 70% adoption of digital X- ray systems, the region is expected to grow at a CAGR of 3.09%. Due to weak economic conditions, healthcare budgets have been reduced, forcing several hospitals and health institutions to postpone upgradation of old X-ray units to digital. In the RoW market, Australia, Brazil, Russia and countries in the Middle East are major markets, estimated to grow at a CAGR of 5.45%; it is the fastest growing market after Asia.Key players include Agfa HealthCare, (Belgium), Canon U.S.A (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), CareStream Health (U.S.), Fujifilm Medical Systems, Inc (U.S.), GE Healthcare (U.K), AC X-ray Corp. (US), Imaging Dynamic Company (Canada), Konica Minolta (U.S.), Swiss Ray International (U.S.) UMG/DEL Medical (U.S.), Varian Medical Systems (U.S.), and iCro, Inc. (U.S.).

Click for report details: ..

Browse all Healthcare and Medical Market Research Reports ..

Browse all Healthcare and Medical Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact