Global Digital Radiology Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Global Digital Radiology Market Dynamics:

Growing health consciousness and increasing awareness about the same are contributing towards global growth of the diagnostics market. Also, digitization in the healthcare sector is easing patient diagnosis, providing accurate and faster test results. X-ray is the most conventional and actual diagnostic tool, digitization in the X-ray system has increased a strong foothold in diagnostic laboratories across the world.
Additionally, with more research in this field, the introduction of mobile digital x-ray systems has further improved the digital radiology market globally. Digital radiology finds application in orthopedic, dental, chest imaging, and mammography. Ease of operating with mobile systems, growing demand for portable and mobile equipment is rising rapidly in the digital x-ray market. The rapidly declining user base of analogue systems would further contribute towards the growth of the digital radiology market.

However, High installation cost of digital radiology systems is the major factor that hampers the growth of the digital radiology market. Advancements in software technology used to transmit imaging data and an increase in the acceptance of modern healthcare technologies are the opportunities given by the market.

Stationary digital radiology segment accounted for a major market share in 2019, because of their widespread application, high adoption of stationary systems in hospitals, and less exposure to radiation. Stationary digital radiology systems are extensively used in hospitals and advanced diagnostic centers, so contributing to market growth. This is attributed to low exposure to X-ray radiation throughout imaging and high-quality images.

Diagnostic centers segment is expected to hold the maximum market share in the digital radiology market during the forecast period. This is owing to the high prevalence of diseases and high adoption of technologically advanced digital radiology devices.
Global Digital Radiology Market Regional Insights:

North America has dominated the growth in digital radiology market followed by the APAC and Europe region. The factors, like increased risk of chronic diseases such as chronic respiratory, orthopedic disorders, dental issues, growing investments in R&D activities and growth in aged populations are driving the growth of digital radiology market in North America region. In the APAC region, the quick growth of the healthcare industry and rise in the incidence of chronic diseases especially in India and China, and shifting trend of citizens towards digital radiology has improved the demand for digital radiology devices.
Philips Healthcare is one of the major players in the market. Philips Healthcare Informatics, Inc. grows and distributes enterprise-wide medical image and information management solutions.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Digital Radiology Market dynamics, structure by identifying and analyzing the market segments and project the global market size.

Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Digital Radiology Market.
Global Digital Radiology Market, Key Highlights:

• Global Digital Radiology Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Digital Radiology Market

• Global Digital Radiology Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Digital Radiology Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Digital Radiology Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Digital Radiology Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Scope of the Global Digital Radiology Market: Inquire before buying

Global Digital Radiology Market, By Product

• Stationary Digital Radiology Systems
o Ceiling-Mounted Systems
o Floor-To-Ceiling Mounted Systems
• Portable Digital Radiology Systems
o Handheld Radiology Systems
o Mobile Radiology Systems
Global Digital Radiology Market, By Technology

• Computed Radiology
• Direct Digital Radiology
Global Digital Radiology Market, By Application

• Cardiovascular Imaging
• Chest Imaging
• Dental Imaging
• Mammography Imaging
• Orthopedic Imaging
• Other
Global Digital Radiology Market, By End User

• Hospitals
• Diagnostic Centers
• Others
Global Digital Radiology Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Digital Radiology Market Key player

• Fujifilm Holdings Corporation
• General Electric Company
• Konica Minolta, Inc.
• Canon Inc.
• Siemens Healthcare
• Philips Healthcare
• Agfa-Gevaert Group
• Carestream Health
• Hitachi Medical Corporation
• Shimadzu Corporation
• Koninklijke Philips N.V.
• Varian Medical Systems
• Esaote
• Nova Imaging
• Basda Medical Apparatus Co., Ltd
• Swissray International, Inc.
• InfiMed Inc.
• VIDAR Systems Corp
• SteleRAD
• Radiology Services Inc. (RSI)


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