The Digital X-ray Devices: Ukraine-Russia War Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Digital X-ray Devices: Ukraine-Russia War Global Market Report 2024, The digital x-ray devices market size has grown rapidly in recent years. It will grow from $11.59 billion in 2023 to $13.14 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to reduced radiation exposure, diagnostic accuracy, workflow efficiency, government initiatives and regulations, transition from analog to digital systems.
The digital x-ray devices market size is expected to see rapid growth in the next few years. It will grow to $21.89 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to telemedicine and remote imaging, global health emergencies, focus on preventive healthcare, increasing outpatient imaging services, patient-centric imaging, global expansion of healthcare infrastructure. Major trends in the forecast period include mobile and portable X-ray devices, 3D and cone beam cut imaging, integration of artificial intelligence, digital radiography systems, dual-energy X-ray systems, wireless connectivity and cloud-based solutions.
The rising number of road accident cases is expected to propel the growth of the digital X-ray devices market over the coming years. A road accident is defined as the patients following a motor vehicle crash meeting Vittel criteria for the severity of the trauma, which opens up new demand for digital X-ray devices. For instance, according to the US federal government, road fatalities spiked in the first half of 2021, the largest increase ever recorded in its reporting system’s history during a six-month period. More than 20,000 people died in motor vehicle crashes on U.S. roads, a nearly 20% increase from the same period in 2020. Therefore, a rising number of road accidents cases drives the digital X-ray devices market.
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The digital X-ray devices market covered in this report is segmented –
1) By Technology: Direct Radiography, Computed Radiography
2) By Portability: Handheld Systems, Portable X-Ray Systems, Mobile X-Ray Systems, Floor-to-ceiling Mounted Systems, Ceiling Mounted Systems, Fixed Digital X-Ray Systems
3) By Application: General Radiography, Chest Imaging Applications, Orthopedic Applications, Cardiovascular Imaging, Other General Radiography Applications, Dental Applications, Mammography, Cancer, Fluoroscopy
4) By End Users: Hospitals, Diagnostic Centers, Dental Care Centers
Major companies operating in the digital X-ray devices market are focused on forming strategic partnership to strengthen their position in the market. A business partnership is a legal relationship formed between two or more individuals or companies, in which they share ownership, risks, and rewards of a business. For instance, in October 2021, Samsung, a South Korea based prover of a wide range of home electronics with cutting-edge technology partnered with VUNO, a South Korea based Artificial Intelligence (AI) medical software firm to integrate VUNO’s AI-assisted solutions into Samsung’s ceiling-type digital radiography system. With this partnership, Samsung to supply the VUNO Med-Chest X-ray solution to the electronics maker’s mobile digital radiography system GM85, making the AI solution an adjunct to Samsung’s mobile and ceiling type digital X-ray systems and available for use by customers in Korea as well as Europe and other key markets around the world.
The digital x-ray devices: ukraine-russia war market report table of contents includes:
1. Executive Summary
2. Digital X-ray Devices Market Characteristics
3. Digital X-ray Devices Market Trends And Strategies
4. Market Size And Growth
5. Digital X-ray Devices Market Segmentation
….
26. Digital X-ray Devices Market Regional And Country Analysis
27. Digital X-ray Devices Market Competitive Landscape And Company Profiles
28. Digital X-ray Devices Market Key Mergers And Acquisitions
29. Digital X-ray Devices Market Future Outlook and Potential Analysis
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