How Will The Digital X-Ray Devices Market Grow In 2022?
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The digital X-ray devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!
Read More On The Digital X-Ray Devices Market Report 2022 – https://www.thebusinessresearchcompany.com/report/digital-xray-devices-global-market-report
The Digital X-Ray Devices Market Size In 2022 And Forecast
The global digital X-ray devices market is expected to grow from $9.19 billion in 2021 to $9.93 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The digital x-ray devices market is expected to grow to $13.54 billion in 2026 at a CAGR of 8.1%.
The Digital X-ray devices market consists of the sales of digital X-ray devices products by entities (organizations, partnerships, and sole proprietors) that are the advanced form of X-ray inspection which has been widely applied in digital radiographic.
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The Rise In Number Of Road Accident Cases Is Driving The Growth Of The Digital X-Ray Devices Market
For instance, according to the US federal government road fatalities spiked in the first half of 2021, the largest increase ever recorded in its reporting system’s history during a six-month period. More than 20,000 people died in motor vehicle crashes on U.S. roads, a nearly 20% increase from the same period in 2020. Therefore, a rising number of road accidents cases drives the digital X-ray devices market.
Competitive Landscape And The Regional Analysis Of The Digital X-Ray Devices Market
Major players in the digital X-ray devices market are Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Canon, Inc., Carestream Health, FUJIFILM Holdings Corporation, Shimadzu Corporation, Hologic Inc., Samsung Medison, Konica Minolta, Hitachi Ltd, Shenzhen Mindray Bio-Medical Electronics Co., Varex Imaging Corporation, MinXray, Inc., ACTEON, Agfa-Gevaert Group.
Additionally, as per TBRC’s research – North America was the largest region in the digital X-ray devices market in 2021 holding the largest market share and is expected to be the fastest-growing region in the forecast period.
The Digital X-Ray Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the digital X-ray devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the digital X-ray devices market.
Technological Advancement – A Key Trend In The Digital X-Ray Devices Market
Integration of AI provides an opportunity for use of digital X-ray devices in various applications. Artificial intelligence is used to engineer digital X-ray devices to detect coefficients and reduce diagnostic errors.
Digital X-Ray Devices Market Segmentation By The Business Research Company
1) By Technology: Direct Radiography, Computed Radiography
2) By Portability: Handheld Systems, Portable X-Ray Systems, Mobile X-Ray Systems, Floor-to-ceiling Mounted Systems, Ceiling Mounted Systems, Fixed Digital X-Ray Systems
3) By Application: General Radiography, Chest Imaging Applications, Orthopedic Applications, Cardiovascular Imaging, Other General Radiography Applications, Dental Applications, Mammography, Cancer, Fluoroscopy
4) By End Users: Hospitals, Diagnostic Centers, Dental Care Centers
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