デジタルX線装置の世界市場 - 成長、動向および予測
Digital X-ray Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|デジタルX線装置の世界市場 - 成長、動向および予測|
発行: Mordor Intelligence Pvt Ltd
ページ情報: 英文 128 Pages
The digital X-ray devices market is projected to register a CAGR of 7.4% during the forecast period, with a revenue of approximately USD 9,405 million in 2020 and expected to reach USD 14,450 million by 2026.
The COVID-19 pandemic has turned on the spotlight on diagnostic imaging, particularly on digital X-ray devices. Digital imaging plays a key role in the diagnosis of COVID-19 and indicates the affected lung tissue in infected patients. In Dec 2020 Agfa HealthCare launched its new SmartXR for X-ray Artificial Intelligence (AI) for Digital Radiography portfolio to provide assistance during the radiology routine, which has proven important during the COVID-19 crisis. Thus, in view of the ongoing pandemic, the digital X-rays devices market is expected to be positively impacted by COVID-19 accurate diagnosis and treatment.
The studied market growth can largely be attributed to factors, such as the increasing occurrence of orthopedic diseases and cancers, the increasing number of serious injuries, the advantages of digital X-ray systems over conventional X-rays, technological advancements, and product development. Digital X-ray devices use digital x-ray sensors instead of films to capture images. This results in immediate preview of the images that ultimately improves time efficiency and capacity to digitally transfer images.
The major advantages of digital imaging are cost-effectiveness and easy accessibility. The hospitals are able to cut the cost by lowering the film price, reducing the requirement of storage space, and decreasing the number of people required to run the services and archive sections. The images are also instantly available for distribution to the clinical services without the time and physical effort needed to retrieve film packets, and reviewing previous imaging on a patient is much easier. This factor majorly impacts the positive growth of the digital X-ray devices market.
Digital X-rays expose approximately 70-80% less radiation than conventional X-rays. This is hugely beneficial for the long-term health of patients, especially pregnant women or patients who are already suffering from illness, thus ensuring safety. With the help of digital X-rays, dentists can now easily recognize oral issues, which is leading to a declining need for an invasive investigation at the diagnosis stage. Additionally, digital radiography safely stores patient X-rays, resulting in no loss from the holders.
Also, due to the increase in the number of dental disorders, cardiac disorder, cancers especially breast cancer , there is an increased demand for digital X-ray devices globally. As per American Heart Association in 2017, approximately 17.8 million death occurred due to cardiovascular diseases in United States and this number is expected to grow to more than 22.2 million deaths by 2030 in United States. The increasing incidence of cardiovascular diseases surges the demand for imaging devices with precise diagnosis and hence Digital X-ray devices acquire its importance in this context.
Additionally, the advancements in technology and increasing product approvals, along with partnerships and collaborations by key players is helping in the market growth. For instance, in June 2020, Nanoxand SK Telcom entered into a partnership agreement to deploy 2,500 Nanoxdigital X-ray Systems into South Korea and Vietnam. Also, in Nov 2020, Hologic, Inc., received CE mark for its Genius Digital Diagnostics System, which consists of a digital imager for image acquisition, an AI algorithm for analyzing images, an image management server for storing images for Cervical Cancer Screening. Thus, all the aforementioned factors are currently augmenting the growth of the digital X-ray devices market.
Based on the portability, the Portable X-ray devices are predicted to witness significant growth with a CAGR of 8.11% over the forecast period and expected to make a revenue of approximately USD 5,602.19 million by 2025. The major factors driving the growth of portable systems include advanced technology, a rising number of patients with chronic diseases along with an increasing geriatric population, and rising awareness regarding the availability of portable systems. Additionally, the portable X-ray machine has the potential to overcome location barriers and benefit patients who are in life-threatening situations and require immediate treatment wherever they are, possibly needing an on-the-spot diagnosis.
Thus, portable X-ray devices play a vital role in the diagnosis and monitoring of the patient's bedside, with no hurdle of transfer of patient to the X-ray room. Also, according to the American College of Radiology (ACR), the CT decontamination required after scanning COVID-19 patients may disrupt radiological service availability and has suggested that portable chest radiography may be considered to minimize the risk of cross-infection during the pandemic.
Also, the increasing product launches related to portable X-ray devices surge the growth of the studied market. For instance, in Aug 2020, Canon Medical USA launched the SOLTUS 500 Mobile Digital X-ray system that is equipped with enhancements that can streamline bedside exams to help improve workflow and productivity. Thus, in view of the aforementioned advantages of portable systems and increasing product launches, the segment is expected to grow significantly over the forecast period.
Within North America, the United States has held the major share of the market and expected to dominate over the forecast period.
The increasing adoption of healthcare systems towards sophisticated technology and the growing burden of chronic diseases in the region are the major factors driving the digital X-Rays devices market in North America. According to the GLOBOCON 2020, the new cancer cases diagnosed were 2,281,658 in the United States in 2020, with 612,390 deaths. Additionally, the number of adults in the United States with doctor-diagnosed arthritis is projected to reach 78.4 million by 2040 which accounts for 25.9 percent of all adults in the United States as per the Arthritis Foundation Fact sheet, 2019. The high incidence of chronic diseases surges the demand for accurate diagnosis and plan of efficient and on-time treatment by the healthcare provider. Hence, drives the growth of the studied market in North America.
Additionally, the high concentration of key players, along with the increasing product approvals and launches is expected to drive the studied market. For instance, in Dec 2020, Canon Medical System USA, Inc., launched OMNERA 500A Digital Radiography system with advanced intelligent auto positioning feature to improve the workflow. Thus, in view of the above mentioned factors, the digital X-ray devices market is anticipated to grow significantly over the forecast period in North America.
The digital X-ray devices market is moderately competitive, and a few companies are currently dominating the market. These companies include GE Healthcare, Koninklijke Philips NV, Fujifilm Holdings Corporation, Siemens Healthineers, and Canon Medical System Corporation(Toshiba Corporation) among others. The competition in the market is majorly based on technological advances and the pricing of digital X-ray equipment. Additionally, the key players have been involved in various startegic alliances such as acquisitions, collaborations along with launch of advanced products to secure the position in the global market. For instance, Oct 2020, Siemens Healthineers received clearance from the FDA for the Ysio Max digital radiography system which includes new detectors and usability features that improves imaging and quicken exams.