Technology Advancement Boosting Digital X- Ray Devices Industry by 2022
Orbis Research Tuesday , March 7th , 2017
The Global digital X-ray market at an estimated $ 4,687million in 2014 and expected to reach $ 8,710 million by 2019 at a CAGR of 13.2 %. The global X- ray market is dominated by computer radiography x-ray systems by technology because of the fact that they are relatively less expensive than digital radiography x-ray systems and entail less re-training of medical practiotioners .
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The global X-ray market is driven by factors such as technological advancements , government investments , aging population , growing of diseases requiring diagnosis , and rise in the number of regulatory approvals . Furthermore , continuous advancements in technology , new and innovative devices launched in the market , are another major factor for the growth of the market .
Lack of reimbursement and regulatory procedures to limit the growth of digital X-ray are the major constraints for the growth of the market . Market is segmented based on application i . e Mammography , Chest imaging , Dental and other applications , based on Technology i . e Computer radiography , Direct radiography , Based on portability i . e Fixed systems , portable systems , Based on products i . e Digital X-ray Systems and components , based on End users Diagnostic centers and Hospitals etc .
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 largest share is attributed to the government support in terms of formation of legislation , grants and funding , need for reducing healthcare costs and rising awareness of X- ray imaging . Major players in the market are Canon ( Inc .), Carestream Health , Fujifilm medical systems , GE healthcare , Hitachi medical corporation , Hologic Inc ., Philips healthcare etc .
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Some points From TOC : 1 . INTRODUCTION
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