PUNE, India, February 4, 2016 /PRNewswire/ --
According to a new market research report "Digital X-ray Market by Application (Mammography, Dental, Chest Imaging, Cardiovascular), Technology (Computed, Direct), Portability (Ceiling Mounted, Mobile), Type of System, End User (Diagnostic Center, Hospitals), Price - Global Forecast to 2020", published by MarketsandMarkets, The global market is expected to reach USD 10.46 Billion by 2020 from USD 6.15 Billion in 2015, at a CAGR of 11.2% from 2015 to 2020.
Browse 270 market data Tables and 41 Figures spread through 238 Pages and in-depth TOC on "Digital X-ray Market"
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The market report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the digital x-ray market along with the estimates and forecasts of the revenue and market share analysis.
The report segments this market based on application, technology, and portability, type of system, end-users, price, and regions. Among the various applications, the general radiography segment is expected to account for the largest share of the market. The general radiography market includes chest imaging, orthopedic applications, cardiovascular imaging and other applications. Chest imaging segment is projected to grow at the highest CAGR from 2015 to 2020. The high growth of chest imaging segment can be attributed to the increasing incidence of lung diseases.
On the basis of technology, the digital x-ray market is segmented into computed radiography and direct radiography. The direct radiography segment is expected to account for the largest share of the global digital x-ray market in 2015. Rising aging population and increasing need for diagnostic imaging procedures are the key factors propelling the growth of this market.
On the basis of portability, the digital x-ray market is segmented into fixed digital x-ray systems and portable digital x-ray systems. The fixed digital x-ray systems segment is expected to account for the largest share of the global digital x-ray market in 2015 due to increasing government investments for installation of advanced diagnostic equipment.
End-users, included in the digital x-ray market are diagnostic centers and hospitals. The diagnostic centers segment is expected to account for the largest share of the global digital x-ray market in 2015. High incidence of diseases with increasing ageing is driving the growth of this market.
The digital x-ray market, by type of system includes new digital x-ray system and retrofit and refurbished systems. Also, the digital x-ray market, by price is classified into low-priced systems, medium-priced systems and premium-priced systems.
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Based on regions, the global digital x-ray market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Growth in this regional segment is driven by factors such as increase in aging population, and increasing number of research activities to develop new and advanced digital x-ray products in North America.
Key players in the Digital X-Ray Market include Canon Inc. (Japan), Carestream Health Inc. (U.S.), Fujifilm Medical Systems (Japan), GE Healthcare (U.K.), Hitachi Medical Corporation (Japan), Hologic, Inc. (U.S.), Philips Healthcare (Netherlands), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), and Toshiba Medical Systems Corporation (Japan).
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