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How Does the Projected Growth of the Digital Radiography Market Compare Over the Forecast Period?

Over the past few years, the digital radiography market has enjoyed robust growth. It is projected to expand from $7.83 billion in 2024 to $8.46 billion in 2025, signaling a compound annual growth rate (CAGR) of 8.1%. The market’s growth during the past period can be traced back to several factors including better image quality, minimization of radiation exposure, efficient workflow, superior diagnostic capabilities, an uptick in chronic diseases, cost-effectiveness over time, and a surge in the aging population.

Expectations point towards a robust expansion in the digital radiography market size in the forthcoming years. The market is predicted to escalate to $12.35 billion by 2029, maintaining a compound annual growth rate (CAGR) of 9.9%. This projected growth during the forecast period is due to factors like the evolution of portable DR systems, expansion of point-of-care imaging, hybrid imaging solutions’, emphasis on pediatric imaging, the broadening of veterinary imaging, trends in personalized medicine, and initiated efforts for dose optimization. Key trends poised to shape the forecast period include the shift from analog to digital imaging, progressive advancements in detector technologies, the emergence of wireless and transportable digital radiography systems, integration of artificial intelligence (AI), standardization and interoperability, and the rise of mobile x-ray units.

Which Primary Drivers Are Supporting the Continued Expansion of the digital radiography Market?

The growth of the digital radiography market is projected to be fuelled by the surge in the healthcare sector’s digitization. Digitization, defined as the conversion of information into a digital format, delivers many benefits in healthcare such as real-time health data access, cooperative studies and research, effortless coordination between doctors and patients, and automated administrative duties. Consequently, as digitization intensifies, so does the demand for digital radiography. For example, the Government of the UK reported in June 2022 that the NHS.uk website now averages 80 million views monthly, positioning it as Europe’s largest health information source. The NHS App, facilitating easy service access, has more than 28 million registered users and is utilized roughly 2.7 million times weekly. This app is poised to be the main portal to health and care services in the UK. Hence, the escalating digitization in healthcare bolsters the expansion of the digital radiography market.

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Who Are the Key Players Steering the Development of the Digital Radiography Market?

Major companies operating in the digital radiography market are:

• Agfa-Gevaert Group_x000D_

• Carestream Health Inc._x000D_

• Canon Inc._x000D_

• Fujifilm Holdings Corporation_x000D_

• Koninklijke Philips N.V._x000D_

How Are Consumer Trends Shaping the Current and Future Landscape of the Digital Radiography Market?

Advancements in technology are becoming a prevalent trend in the digital radiography field. Top-tier companies involved in this market are centering their efforts on the creation of new tech-based solutions to solidify their standing. For instance, in the month of February 2022, Carestream, a company from the United States that operates in the digital radiography market, initiated DRX Compass, a cutting-edge digital radiology tool. This state-of-the-art digital platform is designed to be accurate, adaptable and efficient, all while providing radiologists with unprecedented diagnostic capabilities. Additionally, it offers superb diagnostic quality, with low patient dosage and simple operation, enhancing the diagnostic facility’s efficiency and productivity.

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What Are the Primary Segments of the Digital Radiography Market and Their Roles in Growth Dynamics?

The digital radiography market covered in this report is segmented –

1) By Product Type: Computed Radiography, Direct Radiography

2) By Equipment: Detectors, Sensors, Photoconductor, Retrofit Radiography System, Scintillator, Phosphor Imaging Plate (IP), Other Equipment

3) By Portability: Fixed, Mobile

4) By Application: Dentistry, Orthopedics, Oncology, General Surgery, Mammography, Pulmonary Imaging, Cardiology, Gynecology, Other Applications

5) By End Use Industry: Hospitals, Clinics, Ambulatory Surgical Centers, Medical Research Institutes, Other End-User Industries

Subsegments,

1) By Computed Radiography (CR): CR Systems, CR Detectors, CR Software

2) By Direct Radiography (DR): DR Systems, DR Detectors, DR Software

Which Geographical Regions Are Shaping the Digital Radiography Market Growth?

North America was the largest region in the digital radiography market in 2024. Asia-Pacific is expected to be the fastest-growing region in the digital radiography market report during the forecast period. The regions covered in the digital radiography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Do Experts Define the Scope of the Digital Radiography Market?

Digital radiography is a form of x-ray inspection that generates a digital radiographic image on a computer instantly. This method captures data during object examination using x-ray sensitive plates, which are then immediately transferred to a computer without the use of an intermediate cassette.

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