Global Digital Radiography Systems Market -2023-2030

Overview

Advanced medical imaging technologies called digital radiography systems are used to capture and process X-ray images in a digital format. These systems have taken the place of traditional film-based radiography and offer many benefits, including improved image quality, efficiency, and patient care. Digital radiography is a vital tool in medical diagnostics, enabling healthcare professionals to view internal structures of the body for precise diagnoses and treatment planning.

Digital radiography systems have diverse applications in various medical fields, including general radiography, fluoroscopy, breast health, and dentistry. They enhance the accuracy and efficiency of diagnoses and provide high-resolution images for early detection of conditions such as bone fractures, lung ailments, breast cancer, and dental problems.

Market Dynamics: Drivers and Restraints

Technological advancement in digital radiography systems is expected to drive the market growth

AI-aided X-ray interpretation is now possible due to advancements in computer vision, machine learning (ML), artificial intelligence (AI), and deep learning algorithms. This technology has proven to be a significant advantage for physicians in detecting and localizing lung lesions. The use of AI-aided interpretation has been shown to improve reader sensitivities for all target findings, without negatively affecting the reader's performance and efficiency. This process works by analyzing data and images at high speed from medical databases and comparing them with previous findings to identify patterns and anomalies.

Utilizing AI technology to interpret X-rays in diagnostic imaging offers a multitude of benefits such as quicker access to crucial information for diagnosis, better prioritization of critical cases, and a decrease in errors when reading electronic health records (EHRs). This advanced technology has been particularly useful in detecting lung cancer, tuberculosis, and COVID-19.

Therefore, AI-aided X-ray interpretation has the potential to enhance the quality of patient care by expediting and refining the accuracy of diagnosis and treatment for injuries and illnesses.

Furthermore, the increasing occurrence of orthopedic diseases and cancers, the increasing number of serious injuries, and the growing demand for accurate and efficient diagnostic imaging solutions are the factors expected to drive the market over the forecast period.

Restraint:

Healthcare facilities that have limited budgets may be discouraged from using digital radiography systems because of the significant upfront costs associated with purchasing and installing them. Additionally, concerns around radiation doses, infrastructure challenges, and a shortage of skilled personnel in remote or rural healthcare settings may also hinder access to advanced digital radiography systems.

Segment Analysis

The global digital radiography systems market is segmented based on product type, portability, application, end-user and region.

The computed radiography (CR) systems from the product type segment accounted for approximately 46.5% of the digital radiography systems market share

Computed Radiography (CR) systems are a type of digital radiography technology used for capturing and processing X-ray images. Unlike direct radiography (DR) systems that capture X-rays directly with flat-panel detectors, CR systems use a cassette-based approach. In the world of medical imaging, Digital Computed Radiography (CR) Systems are highly esteemed for their many advantages. These systems are renowned for their exceptional image quality, which allows for precise diagnostic interpretation due to the detailed and high-contrast digital images they provide.

Additionally, CR systems offer a cost-effective solution for healthcare facilities that want to transition from traditional film-based radiography to digital technology. This is especially beneficial as existing X-ray machines can be leveraged without the need for costly replacements. Furthermore, CR systems give radiologists the power to enhance images using software tools that allow for adjustments in brightness, contrast, and zoom. This feature is particularly useful as it improves the visualization of anatomical structures.

Computed Radiography (CR) Systems find wide-ranging applications in healthcare, including general radiography for routine X-rays, fluoroscopy for real-time imaging in procedures like barium studies and catheter placements, dental radiography to capture detailed oral images, and even in mammography when dedicated systems may not be readily accessible.

Furthermore, owing to its lower initial costs, the rise in the adoption of computed radiography equipment, dose management, and versatility are the factors expected to drive the market segment over the forecast period.

For instance, the HD-CR plate scanner by DURR NDT is a portable computed radiography scanner used for non-destructive testing. It is lightweight and uses multi-focus laser adjustment for high-quality imaging. It is suitable for inspections according to ISO, ASME V, and EN standards. The scanner comes with imaging plates in different resolutions and formats and has a built-in mini PC and high-resolution color display. It can be used in various settings, including in the field, production areas, and R&D labs.

Geographical Analysis

North America accounted for approximately 40.2% of the market share in 2022

North America is expected to hold the largest market share owing to increasing demand for imaging due to rising orthopedic and cancer incidences, technological advancements in the devices, and the large presence of major players with new product development and expansion.

For instance, on August 02, 2022, GE Healthcare launched its newest fixed X-ray system, the Definium 656 HD, which boasts the latest advancements in technology. This overhead tube suspension (OTS) system offers consistent, highly automated, and efficient exams that instill clinical confidence, while also simplifying workflow, improving consistency, and reducing errors to ensure the smooth operation of radiology departments.

With the highest levels of motorization, automation, assistive intelligence, and advanced applications available, healthcare providers can benefit greatly from this new addition to GE Healthcare's fixed X-ray portfolio. Hence, owing to the above factors, the North America region is expected to hold the largest market share over the forecast period.

COVID-19 Impact Analysis:

During the pandemic, the digital radiography market was greatly affected. At first, the market suffered due to lockdowns and social distancing regulations, leading to the postponement of diagnostic imaging procedures. However, as time went on, diagnostic imaging became essential in managing patient care, resulting in an increased demand for digital radiology systems. These systems are highly efficient, taking less than a minute to capture an image. To meet the growing needs, many companies adapted their products for diagnostic imaging.

Also, according to the American College of Radiology (ACR), the CT decontamination required after scanning COVID-19 patients may disrupt radiological service availability and has suggested that portable chest radiography may be considered to minimize the risk of cross-infection during the pandemic.

With the outbreak of COVID-19, companies are developing new products and ramping up their production, as in many places, digital X-rays are used as a primary tool. In February 2020, United Imaging donated medical imaging equipment worth USD 1.4 million to hospitals in China. Hence, the COVID-19 pandemic moderately impacted the digital radiography market.

Competitive Landscape

The major global players in the digital radiography systems market include: GE HealthCare, Fujifilm Medical Systems, Hologic, Inc., Koninklijke Philips N.V., Shimadzu Corporation, Canon Medical Systems Corporation, Carestream Health Inc., Hitachi Ltd., Boston Imaging, and Siemens Healthineers among others.

Key Development

• On April 28, 2022, Samsung's digital radiography and ultrasound systems United States headquarters, Boston Imaging, launched a new version of AccE GM85, called GM85 Fit. This device is designed to provide efficient and effective patient care, with a user-centric design. It has received 510(k) clearance from the U.S. Food and Drug Administration, making it available for commercial use in the USA.
• On March 11, 2022, Konica Minolta, Inc. launched AeroDR TX m01, a mobile X-ray system featuring a wireless dynamic digital radiography function in Japan. The company will roll out the product in other regions in stages.
• On May 31, 2022, Agfa launched VALORY, a new digital radiography room that promises performance excellence. The company is showcasing its innovative solutions at ECR 2022, which aim to provide smart, meaningful answers to radiology's real needs. Agfa's expanded digital radiography portfolio caters to every budget and meets the needs of every radiologist. The newly launched VALORY is available as both ceiling-suspended and floor-mounted digital radiography rooms.

Why Purchase the Report?

• To visualize the global digital radiography systems market segmentation based on product type, portability, application, end-user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of digital radiography systems market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global digital radiography systems market report would provide approximately 69 tables, 68 figures, and 189 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies