- Chest Imaging Device
- Mammography Device
- Dental Imaging
Digital X Ray Devices Market size was valued at USD 11,527.3 million in 2022 and is expected to grow at a CAGR of 8.4% from 2023 to 2029. The global market provides a detailed overview of the global digital x ray devices market, and that can be segmented by application, by technology, by portability, and by end user. By application, the global digital x ray devices market has been segmented into Chest Imaging Device, Mammography Device, Dental Imaging, and Others. The interactive voice responses (IVR) digital x ray devices segment is likely to be the largest and fastest-growing segment in terms of type. Based on Technology, the global digital x ray devices market is segmented into Computed Radiography and Direct Radiography. Among these, the Direct Radiography segment are expected to have the fastest-growing market during the forecast period 2022-2028. Direct radiography has various advantages such as effective dynamic range, better medical evaluation, superior and accurate image capture, and reduced radiation exposure for patients and workers. Images are sent directly to the computer from X ray devices. Based on Portability, the global digital x ray devices market is segmented into Portable and Fixed. Among these, the integration and deployment segment are expected to have the fastest-growing market during the forecast period 2022-2028. Based on end user, the global digital x ray devices market is segmented into Hospitals, Diagnostic Centres, and Others. The Hospital segment accounts for the largest share in 2021. Hosted segment is the second-largest share during the forecast period 2022-2028 according to precision business insights. Digital X ray devices are used instead of traditional photographic film. Digital radiography is one of the major advancements in radiography. It produces low radiation exposure to patients when compared to conventional radiography devices along with a special image processing techniques enhance the overall quality of the image.
Fastest Growing Market
Increasing demand for quick and easy radiography devices, increasing prevalence of complex diseases are anticipated to propel the market growth over the forecast years. Moreover, the growing ageing population, rising investments, increase in healthcare expenditures are boosting the market growth over the forecast years.
The high equipment costs, and poor reimbursement rates in emerging countries are the major challenges in the x ray devices market.
Artificial intelligence (AI) in medical imaging, is one of the most promising areas of health innovation. Development of AI based digital X ray system will lead the global market further in the forecasted years.
The increasing geriatric population and rising investments in healthcare expenditures are expected to boost the global digital x ray devices market. However, stringent regulatory procedures and high cost of digital x-ray devices may hamper the growth of the global market.
Digital x ray devices are priced at a premium cost due to high spending on research and innovations and initial manufacturing setup cost. It may hamper the global market growth.