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The global digital radiography market size was USD 10.28 Billion in 2020 and is expected to register a CAGR of 8.7% during the forecast period.

NEW YORK, USA, UNITED STATES, September 26, 2022 /EINPresswire.com/ -- The global digital radiography market size is expected to reach USD 19.82 billion by 2028 at a CAGR of 8.7%, according to a new report by Reports and Data. Market revenue growth can be attributed to rapid digitization in healthcare infrastructure, growing adoption of mobile digital x-ray systems across diagnostic centers, and increasing applications in cardiovascular imaging, cancer diagnosis, mammography, and dental and orthopedic surgeries. Surge in demand for portable x-ray devices, incorporation of cutting-edge technologies such as AI in radiography systems, and rising prevalence of cancer, dental problems, orthopedic problems, and cardiovascular disorders are some key factors expected to contribute to market growth going ahead.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

Market Dynamics:

The pharma and healthcare sector has significantly advanced in recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure, and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, the increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery, and growing investments by public and private sectors are expected to drive global market growth in the coming years.

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product & service portfolio. The Digital Radiography market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.

GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Agfa HealthCare, Fujifilm Holdings Corporation, Carestream Health, Wandong Medical, Hitachi Ltd., Mindray Medical International Limited, Toshiba Corporation, Konica Minolta Inc., DEXIS LLC, Shimadzu Corporation, Source-Ray Inc., and Samsung are among the top companies operating in the global digital radiography market.

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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:

Digital Radiography Market Segmentation:

Application Outlook (Revenue, USD Billion; 2018-2028)

General Radiography
Cardiovascular Imaging
Chest Imaging
Mammography
Dental Applications
Orthopedic Imaging
Fluoroscopy
Others

Technology Outlook (Revenue, USD Billion; 2018-2028)

Computed Radiography
Direct Radiography
Flat Panel Detector
Charged Couple Device (CDD)

Portability Outlook (Revenue, USD Billion; 2018-2028)

Fixed Digital X-ray Systems
Portable Digital X-ray Systems

End-use Outlook (Revenue, USD Billion; 2018-2028)

Hospitals & Clinics
Diagnostic Centers
Others

Regional Outlook:

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Some essential purposes of the Digital Radiography market research report:

Vital Developments: Custom investigation provides critical improvements to the Digital Radiography market, including R&D, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.
Market Characteristics: The report contains Digital Radiography market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.
Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Digital Radiography market by methods. Systematic tools and methodologies, for example, Porter’s Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Digital Radiography market.
Convincingly, the Digital Radiography report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information. This report will provide all of you with the realities about the past, present, and eventual fate of the Digital Radiography market.

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