The Asia Pacific Digital X-ray Devices Market size was valued at USD 2.21 Billion in 2022 and is likely to reach USD 4.74 Billion by 2031, expanding at a CAGR of 8.85% during 2023 – 2031. The growth of the market is attributed to rising adoption of digital flat panel detectors in hospitals and medical imaging centers.
Digital X-ray replaces the utilization of film or computed radiography (CR) plates with a direct digital transfer of X-ray images into the PACS. Digital radiography is the direct conversion of transmitted X-ray photons into a digital image using an array of solid-state detectors such as amorphous selenium or silicon, with computer processing and display of the image. Digital X-ray systems are used for both fixed-base room installations and mobile DR.
The coronavirus pandemic affected the worldwide market due to the disturbance in the supply chain and manufacturing activities during the lockdown. While the COVID-19 pandemic has seriously affected most business sectors, internationally. The medical device market is one that has experienced polarizing impacts of the pandemic.
Asia Pacific Digital X-ray Devices Market Trends, Drivers, Restraints and Opportunities
- High incidence of orthopedic diseases and bone injuries is one of the key factors fueling the market growth.
- Procedural benefits offered by digital X-ray devices is expected to contribute to the growth of the market during the forecast period.
- Increasing number of technological advanced devices is estimated to drive the market growth.
- Growing geriatric population is estimated to accelerate the growth of the market.
- The patient emphasis on effective and early disease diagnosis is one of the major factors driving the market growth.
- High cost and stringent regulations related to the clinical trials can restrain the growth of the market.
- High incidence of orthopedic diseases shift toward image-guided interventions is expected to create lucrative opportunities for the digital X-ray devices market.
Scope of Asia Pacific Digital X-ray Devices Market Report
The report on the Asia Pacific digital X-ray devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Digital X-ray devices Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Portability (Fixed Systems and Portable Systems), Applications (Orthopedic, Chest Imaging, Dental and Others), and End-users (Hospitals, Diagnostic Centers, and Others)
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Geography Scope
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India, China, South Korea, Japan, and Rest of Asia Pacific
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Fujifilm Holdings Corporation; Canon Inc.; GE Healthcare; Carestream Health Inc,; Hitachi Ltd; Hologic Inc; Koninklijke Philips N.V; Samsung Medison; Shimadzu Corporation; and Siemens AG.
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Asia Pacific Digital X Ray Devices Market Segment Insights
Portable systems segment is anticipated to constitute a key market share
On the basis of portability, the market is segregated into fixed systems and portable systems. The portable systems segment is projected to expand at a considerable CAGR during the forecast period. Portable X-ray has been a useful tool for the diagnosis and observation of patients in the healthcare services, where the movement of patients to the radiology department is difficult. The portable X-ray segment is anticipated to hold a key share of the market in the coming years due to increasing demand for the opportunities in treatment methods.
Dental segment is estimated to account for a significant market share
Based on applications, the Asia Pacific digital X-ray devices market is divided into orthopedic, chest imaging, dental and others. The dental segment is estimated to account for a significant market share during the forecast period. Dental X-rays are becoming an important part of the dental care plan. Increasing burden of dental diseases and recent innovative advancements in dental imaging methodologies, which are enabling exact diagnosis of dental disorders.
Hospitals segment is anticipated to constitute a key market share
In terms of end-users, the Asia Pacific digital X-ray devices market is categorized as hospitals, diagnostic centers, and others. The hospitals segment held a substantial market share in 2020. Hospitals segment therefore, are an integral part of the healthcare sector and are a major revenue source for the entire industry, which fuels research and innovation.
Segments
The Asia Pacific Digital X-ray Devices Market has been segmented on the basis of
Portability
- Fixed Systems
- Portable Systems
Applications
- Orthopedic
- Chest Imaging
- Dental
- Others
End-users
- Hospitals
- Diagnostic Centers
- Others
Geography
- India
- China
- South Korea
- Japan
- Rest of Asia Pacific
Key Players
- Fujifilm Holdings Corporation
- Canon Inc.
- GE Healthcare
- Carestream Health Inc
- Hitachi Ltd
- Hologic Inc
- Koninklijke Philips N.V
- Samsung Medison
- Shimadzu Corporation
- Siemens AG
Competitive Landscape
Key players competing in the Asia-Pacific digital X-ray devices market are Fujifilm Holdings Corporation; Canon Inc.; GE Healthcare; Carestream Health Inc,; Hitachi Ltd; Hologic Inc; Koninklijke Philips N.V; Samsung Medison; Shimadzu Corporation; and Siemens AG.
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