The digital x-ray market is valued at US$ 14.40 billion in 2024 and is projected to reach US$ 34.50 billion by 2034, exhibiting an outstanding CAGR of 9.10% over the forecast period.
Key Market Drivers
The digital X-ray market generated an estimated revenue of US$ 8.6 billion in 2019. In five years, the market grew at a CAGR of 18.85% and added a staggering revenue of US$ 5.80 billion. Several reasons can be attributed to this growth:
Attributes | Key Statistics |
---|---|
Digital X-ray Market Value (2024) | US$ 14.40 billion |
Anticipated Market Value (2034) | US$ 34.50 billion |
Estimated Growth (2024 to 2034) | 9.10% CAGR |
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The digital X-ray market is anticipated to surpass a global valuation of US$ 34.50 billion by 2034, expanding at a growth rate of 9.10%. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:
Attributes | Details |
---|---|
Top Modality | Radiography |
CAGR (2024 to 2034) | 8.90% |
Depending on the modality, the digital X-ray market is bifurcated into radiography, fluoroscopy, and mammography. The radiography segment is anticipated to grow at a remarkable rate of 8.90% CAGR through 2034.
Attributes | Details |
---|---|
Top Technology Type | Digital Radiography |
CAGR (2024 to 2034) | 8.60% |
The digital X-ray market is categorized by technology type into digital and computed radiography. The former dominates the market and is anticipated to grow at a remarkable rate of 8.60% through 2034.
The section provides an analysis of the digital x-ray market by country, including Japan, China, the United States, the United Kingdom, and South Korea. The table presents the CAGRs for each country, indicating the expected growth of the market in that country through 2034.
Countries | CAGR (2024 to 2034) |
---|---|
South Korea | 12.90% |
United Kingdom | 10.80% |
Japan | 10.40% |
China | 9.90% |
United States | 8.70% |
South Korea is one of the leading countries in this market. The South Korean digital X-ray market is anticipated to retain its dominance by progressing at an annual growth rate of 12.90% until 2034.
Japan is another Asian country that leads the digital X-ray market. The Japanese market is anticipated to retain its dominance by progressing at a CAGR of 10.40% till 2034.
The United Kingdom dominates the digital X-ray market in the European region. The United Kingdom's digital X-ray market is anticipated to exhibit an annual growth rate of 10.80% through 2034.
China, too, is one of the leading countries in the global digital x-ray market, which is anticipated to register a CAGR of 9.90% through 2034.
The United States leads the digital X-ray market in the North American region. Over the next ten years, the demand for digital X-rays is projected to rise at an 8.70% CAGR.
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The market for digital X-rays is filled with numerous companies, such as Siemens, Healthineers AG, GE Healthcare, Philips Healthcare, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, etc. These companies have a strong foothold in the international healthcare sector as hospitals, clinics, ambulatory surgical centers, etc., depend on them for their radiography needs.
Key players in the market are also investing in developing affordable devices so that smaller clinics with limited financial resources can also implement them.
Recent Developments
The digital X-ray market is expected to be worth US$ 14.40 billion by 2024.
The market for digital X-rays is expected to reach US$ 34.50 billion by 2034.
The digital X-ray market is growing at a CAGR of 9.10% from 2024 to 2034.
Some of the key players in the market are Siemens, Healthineers AG, GE Healthcare, Philips Healthcare, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, etc.
The valuation for the digital X-ray market was US$ 13.1 billion in 2023.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Modality
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Modality, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Modality, 2024 to 2034
5.3.1. Radiography
5.3.2. Fluoroscopy
5.3.3. Mammography
5.4. Y-o-Y Growth Trend Analysis By Modality, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Modality, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Technology, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technology, 2024 to 2034
6.3.1. Digital radiography
6.3.2. Computed radiography
6.4. Y-o-Y Growth Trend Analysis By Technology, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Technology, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Mobility
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Mobility, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Mobility, 2024 to 2034
7.3.1. Stationary
7.3.2. Mobile
7.4. Y-o-Y Growth Trend Analysis By Mobility, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Mobility, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) Analysis By End-Use, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-Use, 2024 to 2034
8.3.1. Hospitals
8.3.2. Diagnostic imaging centers
8.3.3. Others
8.4. Y-o-Y Growth Trend Analysis By End-Use, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By End-Use, 2024 to 2034
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Modality
10.2.3. By Technology
10.2.4. By Mobility
10.2.5. By End-Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Modality
10.3.3. By Technology
10.3.4. By Mobility
10.3.5. By End-Use
10.4. Key Takeaways
11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Modality
11.2.3. By Technology
11.2.4. By Mobility
11.2.5. By End-Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Modality
11.3.3. By Technology
11.3.4. By Mobility
11.3.5. By End-Use
11.4. Key Takeaways
12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. UK
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Modality
12.2.3. By Technology
12.2.4. By Mobility
12.2.5. By End-Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Modality
12.3.3. By Technology
12.3.4. By Mobility
12.3.5. By End-Use
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Modality
13.2.3. By Technology
13.2.4. By Mobility
13.2.5. By End-Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Modality
13.3.3. By Technology
13.3.4. By Mobility
13.3.5. By End-Use
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Modality
14.2.3. By Technology
14.2.4. By Mobility
14.2.5. By End-Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Modality
14.3.3. By Technology
14.3.4. By Mobility
14.3.5. By End-Use
14.4. Key Takeaways
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Modality
15.2.3. By Technology
15.2.4. By Mobility
15.2.5. By End-Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Modality
15.3.3. By Technology
15.3.4. By Mobility
15.3.5. By End-Use
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Modality
16.2.3. By Technology
16.2.4. By Mobility
16.2.5. By End-Use
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Modality
16.3.3. By Technology
16.3.4. By Mobility
16.3.5. By End-Use
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2023
17.1.2.1. By Modality
17.1.2.2. By Technology
17.1.2.3. By Mobility
17.1.2.4. By End-Use
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2023
17.2.2.1. By Modality
17.2.2.2. By Technology
17.2.2.3. By Mobility
17.2.2.4. By End-Use
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2023
17.3.2.1. By Modality
17.3.2.2. By Technology
17.3.2.3. By Mobility
17.3.2.4. By End-Use
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2023
17.4.2.1. By Modality
17.4.2.2. By Technology
17.4.2.3. By Mobility
17.4.2.4. By End-Use
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2023
17.5.2.1. By Modality
17.5.2.2. By Technology
17.5.2.3. By Mobility
17.5.2.4. By End-Use
17.6. UK
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2023
17.6.2.1. By Modality
17.6.2.2. By Technology
17.6.2.3. By Mobility
17.6.2.4. By End-Use
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2023
17.7.2.1. By Modality
17.7.2.2. By Technology
17.7.2.3. By Mobility
17.7.2.4. By End-Use
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2023
17.8.2.1. By Modality
17.8.2.2. By Technology
17.8.2.3. By Mobility
17.8.2.4. By End-Use
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2023
17.9.2.1. By Modality
17.9.2.2. By Technology
17.9.2.3. By Mobility
17.9.2.4. By End-Use
17.10. Poland
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2023
17.10.2.1. By Modality
17.10.2.2. By Technology
17.10.2.3. By Mobility
17.10.2.4. By End-Use
17.11. Russia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2023
17.11.2.1. By Modality
17.11.2.2. By Technology
17.11.2.3. By Mobility
17.11.2.4. By End-Use
17.12. Czech Republic
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2023
17.12.2.1. By Modality
17.12.2.2. By Technology
17.12.2.3. By Mobility
17.12.2.4. By End-Use
17.13. Romania
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2023
17.13.2.1. By Modality
17.13.2.2. By Technology
17.13.2.3. By Mobility
17.13.2.4. By End-Use
17.14. India
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2023
17.14.2.1. By Modality
17.14.2.2. By Technology
17.14.2.3. By Mobility
17.14.2.4. By End-Use
17.15. Bangladesh
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2023
17.15.2.1. By Modality
17.15.2.2. By Technology
17.15.2.3. By Mobility
17.15.2.4. By End-Use
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2023
17.16.2.1. By Modality
17.16.2.2. By Technology
17.16.2.3. By Mobility
17.16.2.4. By End-Use
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2023
17.17.2.1. By Modality
17.17.2.2. By Technology
17.17.2.3. By Mobility
17.17.2.4. By End-Use
17.18. China
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2023
17.18.2.1. By Modality
17.18.2.2. By Technology
17.18.2.3. By Mobility
17.18.2.4. By End-Use
17.19. Japan
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2023
17.19.2.1. By Modality
17.19.2.2. By Technology
17.19.2.3. By Mobility
17.19.2.4. By End-Use
17.20. South Korea
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2023
17.20.2.1. By Modality
17.20.2.2. By Technology
17.20.2.3. By Mobility
17.20.2.4. By End-Use
17.21. GCC Countries
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2023
17.21.2.1. By Modality
17.21.2.2. By Technology
17.21.2.3. By Mobility
17.21.2.4. By End-Use
17.22. South Africa
17.22.1. Pricing Analysis
17.22.2. Market Share Analysis, 2023
17.22.2.1. By Modality
17.22.2.2. By Technology
17.22.2.3. By Mobility
17.22.2.4. By End-Use
17.23. Israel
17.23.1. Pricing Analysis
17.23.2. Market Share Analysis, 2023
17.23.2.1. By Modality
17.23.2.2. By Technology
17.23.2.3. By Mobility
17.23.2.4. By End-Use
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Modality
18.3.3. By Technology
18.3.4. By Mobility
18.3.5. By End-Use
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. GE HealthCare Technologies Inc. (US)
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.2. Carestream Health (US)
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.3. Danaher Corporation (US)
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.4. Sirona Dental Systems Inc. (US)
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.5. ALLPRO Imaging (US)
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.6. Varex Imaging Corporation (US)
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.7. MinXray, Inc (US)
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.8. Hologic Inc (US)
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.9. Holston Medical Group (US)
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.10. Teledyne Technologies (US)
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.11. KA Imaging Inc (Canada)
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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