28 December 2018 – The Global Digital X-ray Systems Market is used in imaging of human body to view the internal anatomy of any irregular composed opaque tissues. They represent clear digital images through electromagnetic radiations and are also considered as safe radiations for the living tissues The X ray can be generated for every body organ. Aging population can be attributed as the driving factor for the market growth. Increasing demand for CT, MRI and X ray among older generation owing to higher number of chronic diseases and age related problems such as cardiovascular, cerebrovascular, respiratory and peripheral vascular diseases.
Increasing awareness among various patients through conferences and programs is expected to stimulate the Digital X ray system market growth over the forecast period. To ascertain the true benefits of X ray many awareness programs were conducted globally to reduce growing concerns of people getting nervous and worried when exposed to radiations. Although the amount of dose given in radiation is low for diagnostic treatment there are certain effects that can damage the patients’ health.
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Government investments and funding in the x ray market are one of the key factors that drive the market growth. This factor increases the competitive landscape with more number of investors and large number of improved digital x ray equipment launches in the market resulting in a high growth rate. These system are majorly used in examining excessive fluid build-up in broken bones, lungs, , abnormal growths ,dental disorders, and also can detect cancer. Owing to the increase in hospital budgets and high cost of workforce, hospitals are installing modern digital x ray equipment in order to cut down costs and improve the workflow.
Technological innovations and advanced facilities leading to innovative and advanced product developments by the Digital X ray system market players is playing a significant role in propelling the market growth. These advancements are further expected to increase owing to many advantages of digital over conventional systems The digital x ray systems are less expensive than any other radiology devices is one of the major advantage and opportunities of these systems. Increase in demand of bedside imaging leads to a significant growth in global digital x ray market owing to development of wireless systems. Integrated systems provide cost effective solutions and also improve efficiency ensuing the market growth. Massive unexplored market in digital x-ray industry of emerging economies are creating more opportunities for the market growth at a significant over the forecast period.
The global key players in the digital x ray market include Toshiba Medical systems corporation , GE healthcare, Philips Healthcare, and Siemens healthcare. Other prominent players include Canon Inc., Fujifilm Medical Systems GE Healthcare, Hitachi Medical Corporation, Carestream Health Inc. Shimadzu Corporation Hologic, Inc. Siemens Healthcare Increase in partnerships along with mergers and acquisitions are expected to be the trend in the market owing to high market growth over the forecast period.
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Market Segment:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- CR Tech Digital X-Ray System
- DR Tech Digital X-Ray System
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Dental
- Orthopedics
- Others