Digital X-ray Market Size, Share & Growth | Forecast [2031]

Report Description

The global digital x-ray market size was USD 12.16 Billion in 2022 and is likely to reach USD 21.7 Billion by 2031, expanding at a CAGR of 8.2% during 2023–2031. The market growth is attributed to the growing prevalence of chronic diseases and rising demand for advanced diagnostic procedures.

The abrupt shift from analog X-ray imaging to digital flat-panel detectors is mainly due to rapid technological advancement. Thus, key players are working towards leveraging the technology to develop advanced diagnostic devices to meet the overall growing demand. For instance, on September 1, 2021, GE Healthcare introduced AMX Navigate, the next-generation portable X-ray system to reduce lift force by up to 70% and increase efficiency by automating workflow and reducing user interface interactions.

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A digital X-ray refers to a medical imaging system that employs X-ray-sensitive plates to capture data during the examination. The captured data then transfer immediately to a computer without the use of an intermediate cassette and helps in the early diagnosis and treatment of various diseases.

Digital X-ray utilizes digital X-ray sensors instead of traditional photographic films, which enables high picture quality and allows healthcare professionals to examine tiny fractures and irregularities inside a patient's body. Some of the common applications of digital X-rays include the detection of cavities, tumors, fractures, and infections.

The COVID-19 pandemic boosted global market growth. The adoption of digital X-ray systems increased during the pandemic, as it played a potential role in examining affected lung tissue in COVID patients. The need for chest imaging, including CT scans and lung ultrasounds has been increased to identify the spread of infection in the patient’s body, which boosted the revenue generation of diagnostic centers and significantly the demand for digital X-ray systems.

• For instance, in October 2021, National Health Service (NHS) England announced the creation of 40 new community diagnostic centers in England to provide fast and direct access to diagnostic centers for reducing hospital visits and the spread of Covid-19.

Digital X-ray Market Dynamics

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Major Drivers

Increasing incidence of cancer is expected to drive the market. Cancer is a leading cause of death. As per an article published by the World Health Organization (WHO), about 10 million people died due to cancer in 2020. Radiation therapy is used to reduce the symptoms or slow the tumor’s growth. However, digital X-ray systems are used in radiation therapy to destroy cancerous tumors and cells by damaging their DNA.

Rising incidence of sports injuries is projected to boost the demand for digital X-ray system, as it is used to diagnose fractured bones and joint dislocation by demonstrating proper alignment and stabilization of bone fragments. It guides orthopedic surgeons in surgical procedures, including spinal fusion and joint replacement.

• As per the report published by the National Library of Medicine on May 2, 2021, the average sports injuries rate was 2.64 per 1000 athletes in 2019 and is expected to increase in the next few years.

Existing Restraints

High cost associated with the digital X-ray system is expected to hinder the market. Digital X-ray system consists of an entire setup, including computers, servers, and storage devices that require high expenditure for installment, which cannot be availed by several startups and private hospitals with constricted budgets. Complex technology with advanced positioning techniques of digital X-ray systems requires expert radiologists to handle the system. Furthermore, it requires regular maintenance to run the system effectively, which may limit the adoption of digital X-ray systems.

Emerging Opportunities

Increasing investment in R&D to integrate digital X-ray systems with artificial intelligence (AI) creates a lucrative opportunity for the key players competing in the market. Major market players are introducing AI-powered digital X-ray systems to optimize patient care by providing fast and accurate diagnosis. For instance, on August 11, 2020, Canon Medical Systems introduced AI-based automated imaging analysis solutions in collaboration with Zebra Medical Vision to offer fast and accurate diagnosis.

The introduction of molecular imaging offers immense opportunities in the global market. It provides detailed screening at the cellular and molecular level in the human and other living systems. This technology enables early diagnosis by identifying the scope and seriousness of the disease and its impact on the different parts of the body. Molecular imaging further allows physicians to choose effective therapy depending on the patient’s distinct biologic characteristics and the molecular effect of a particular disease.

Scope of the Digital X-ray Market Report

The market report includes an assessment of the trends, market, segments, and regional markets. Overview and dynamics have also been included in the report

Market Segment Insights

Product Segment Analysis

Based on product, the digital X-ray market is bifurcated into fixed digital X-ray systems and mobile digital X-ray systems. The mobile digital X-ray systems segment is estimated to hold a large market share during the projected period, owing to its flexibility, portability, and convenient use. Mobile X-ray systems can be carried out anywhere, such as beside the patient’s bed at the hospital or at a patient’s home. Moreover, this system has the ability to generate instant imaging, resulting in increasing efficiency. The segment growth is further attributed to the rising trend of home healthcare is likely to fuel the market. For instance,

• On April 28, 2022, Samsung Medison introduced GM85 Fit, a mobile radiography system, to enhance workflow and improve diagnosis through advanced technology and novel design with the user interface.

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Application Segment Analysis

On the basis of application, the market is segregated into general radiography, cardiovascular radiography, dental radiography, mammography, and fluoroscopy. The general radiography segment held a large market share in 2022 and is expected to expand at a  rapid pace in the coming years, due to the increasing incidence of intestinal disorders. General imaging is a non-invasive procedure that creates images of internal organs to aid in diagnosis. Growing cases of rectal and colorectal cancer are further likely to propel the segment.

• According to the American Society of Clinical Oncology, colorectal cancer is the third most diagnosed cancer worldwide. In 2020, around 1,880,725 people were diagnosed with colorectal cancer, and about 732,210 were diagnosed with rectal cancer.

The dental radiography segment is anticipated to grow at a significant growth rate during the projection period, owing to the increasing incidence of oral diseases. It is commonly used to diagnose dental problems, such as cavities, impacted tooth, and infections. It allows dentists to measure bone loss extent using image solution tools and reveal small hidden areas of decay between teeth.

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End-User Segment Analysis

In terms of end-user, the digital X-ray market is divided into hospitals, diagnostic centers, research institutes, and others. The hospitals segment dominated the market in 2022 and is projected to register a robust growth rate during the forecast period, due to the rapid adoption of technologically advanced medical imaging devices and increasing case of chronic diseases seeking medical attention. Hospitals cater to a large volume of patients and perform a wide range of surgeries, which further contributes to segment growth.

• According to the National Library of Medicine, about 11.9 million surgeries took place in hospitals in 2019.

The diagnostic centers segment is expected to expand at a significant CAGR, as it offers a wide range of diagnostic services such as MRI, digital imaging, and CT scan. Diagnostic centers allow patients to receive all the necessary testing at a time, which further reduces the need for multiple appointments at different facilities.

Regional Outlook

Based on region, the global digital X-ray market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America accounted for a major market share in 2022 and is anticipated to dominate the market in the coming years, as the region is at the forefront of using advanced technology in the healthcare sector. Furthermore, well-established healthcare infrastructure and the rising technological advancement in medical devices, including imaging system is projected to boost the market in the region. For instance,

• On November 27 2022, Canon Medical introduced Mobirex i9 mobile system and CXDI-Elite in the US market. This new technology provided the Mobirex i9 users with a new combination of technologies to improve diagnostic.

The market in Asia Pacific is estimated to hold a substantial market share during the assessment period, owing to the rising government funding to improve healthcare facilities and infrastructure. Moreover, the growing prevalence of chronic diseases such as cancer is contributing to the market growth in the region. For instance,

• According to the report published by the National Library of Medicine on June 30, 2022, Asia has the highest cancer death rate. Whereas, breast, lung, and colorectal cancer were most common in this region.

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