Global Digital Radiography Market
Analysis, and Forecast till 2024
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Trends,
Increasing health consciousness and growing awareness about the same are leading to higher
footfalls in diagnostic laboratories. This is contributing towards overall growth of diagnostics
market. Furthermore, digitization in healthcare sector is easing patient diagnosis, providing
accurate and faster test results. X-ray being the most conventional and effective diagnostic tool,
digitization in the X-ray system has gained a strong foothold in diagnostic laboratories across
the globe. Also, with more research in this field, introduction of mobile digital x-ray systems
have further improved the global digital radiography market outlook. Digital radiography finds
application in dental, chest imaging, orthopedic, and mammography. Ease of operating with
mobile systems, increasing demand for portable and mobile equipment is growing rapidly in
digital x-ray market. The rapidly declining user base of analog systems would further contribute
towards growth of digital radiography market.
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The global digital radiography market was valued at US$ 7,538.8 million in 2015 and is
expected to witness a moderate CAGR of 5.9% during the forecast period (2016 – 2024).
Market Dynamics
Rise in number of accidents, growing prevalence of dental disorders, and increasing prevalence
of breast cancer are some of the vital factors that are expected to fuel growth of the digital
radiography market in the near future. Novel products and diagnostic systems in dentistry are
projected to reshape the world dentistry market in the near future, with the utilization of the
digital radiography technique expected to favor early detection of teeth related disease such as
caries and cavities. This in turn is projected to favor growth of the digital x-ray market over
the forecast period. According to Straumann CMD 2012, digitalization will further change value
chain & workflows for dentists and laboratories along with the provision of digital scanning,
which will provide a 3D-view of the oral situation. Furthermore, rising number of bone
disorders due to increasing elderly population is expected to favor the digital radiography
market over the forecast period.