We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us
Thermo Fisher Scientific - Direct Effect Media

Download Mobile App




Global Digital X-Ray Market to Surpass USD 14 Billion by 2026

By HospiMedica International staff writers
Posted on 13 Oct 2021
Print article
Illustration
Illustration

The global market for digital X-ray is projected to grow at a CAGR of more than 7% from around USD 9 billion in 2020 to over USD 14 billion by 2026, amidst all the opportunities and challenges in a significantly transformed post COVID-19 marketplace.

These are the latest findings of a new market study published by Global Industry Analysts Inc. (San Jose, CA, USA), a market research company.

Based on application, the Orthopedic segment is projected to grow at a CAGR of 8.3% to reach USD 3.3 billion in 2026 while the Cardiovascular segment is expected to register a CAGR of 7.5% for the next seven-year period. The Fluoroscopy segment is estimated to register a CAGR of 6.2% to reach USD 1.4 billion by the year 2026, led mainly by the regional markets of the US, Canada, Japan, China and Europe. These regional markets which accounted for a combined market size of USD 0.68 billion in the year 2020 are projected to reach USD 1 billion by the close of the analysis period.

China, the world`s second largest economy, will remain among the fastest growing in this cluster of regional markets with a CAGR of 11.1% over the analysis period to reach USD 3 billion by 2026. The US digital X-ray market is estimated to be worth USD 2.7 billion in 2021. Among the other noteworthy geographical markets for digital X-ray are Japan and Canada which are forecasted to register a CAGR of 3.9% and 6.5%, respectively over the analysis period. Within Europe, Germany is projected to grow at a CAGR of approximately 4.7% for the next seven-year period.

Related Links:
Global Industry Analysts Inc. 


Print article

Channels

Critical Care

view channel
Image: EsoGuard has demonstrated over 90% specificity and 90% sensitivity in identifying Barrett’s Esophagus (Photo courtesy of Lucid Diagnostics)

Biomarker Based Non-Endoscopic Technology Identifies Risk for Esophageal Cancer

Barrett's esophagus (BE) is the benign and treatable precursor condition to esophageal adenocarcinomas (EAC) which is usually diagnosed at an advanced stage and is difficult to treat. Finding BE, a sign... Read more

Surgical Techniques

view channel
Image: Novel surface treatment could prevent deadly hospital infections without antibiotics (Photo courtesy of Penn State)

Novel Surface Treatment Stops Microbes from Adhering to Medical Devices

Hospitals and medical clinics can be the source of nasty infections, resulting in death from infection-related complications and billions in direct medical costs. The biggest culprits, experts say - accounting... Read more

Patient Care

view channel
Image: Future wearable health tech could measure gases released from skin (Photo courtesy of Pexels)

Wearable Health Tech Could Measure Gases Released From Skin to Monitor Metabolic Diseases

Most research on measuring human biomarkers, which are measures of a body’s health, rely on electrical signals to sense the chemicals excreted in sweat. But sensors that rely on perspiration often require... Read more

Health IT

view channel
Image: AI can reveal a patient`s heart health (Photo courtesy of Mayo Clinic)

AI Trained for Specific Vocal Biomarkers Could Accurately Predict Coronary Artery Disease

Earlier studies have examined the use of voice analysis for identifying voice markers associated with coronary artery disease (CAD) and heart failure. Other research groups have explored the use of similar... Read more
Copyright © 2000-2022 Globetech Media. All rights reserved.