Digital X-Ray Market by Types (Computational Radiography, Digital Radiography), Major Products (Flat Panel Detectors, CMOS, CCD, Software, X-ray Contrast Media) & by Applications (Chest Imaging, Mammography, Dental) - Forecast to 2018
Publishing Date: May 2013
Report Code: MD 2029
Analog X-ray systems, which had major share in the market until 2005, are being replaced by advanced technologies such as computed radiography (CR) and digital radiography (DR). Advantages such as low dosage, better image quality, enhanced image storage, and immediate image analysis have made the latter more attractive over conventional analog systems. The availability of image detectors technologies like CCD, CMOS and flat panel detectors are being used to retrofit and convert the old existing analog X-ray units into CR and DR systems; this is driving the up-gradation of analog systems into digital.
Hospital and diagnostic centers are continuously adapting to the change in technology to provide better services for their patients. Concerns over excess radiation exposure, poor image quality, time required, and requirement of large space has forced many to adopt and upgrade into digital X-ray systems. Advancement and adoption of digital image processing software and picture archiving and communication system (PACS) has enhanced the ability of technicians in providing accurate diagnosis and better service to their patients.
The market is driven by technological advances in automation, growing aging population, and need for improved and faster imaging methods for higher patient throughput. The growing incidences of chronic disease like tuberculosis, pneumonia and other gastrointestinal disorders are propelling the market in both developed and developing countries. High costs and ionizing radiations are the main factors that restrain the growth of this market, while intense competition and the economic downturn are key challenges.
The global market is expected to grow at a steady CAGR of 4.5% from 2013 to 2018. Among digital systems, digital radiography is the fastest growing at a CAGR of 5.43%. Mammography, fluoroscopy and other imaging applications like musculoskeletal, whole body imaging and neonatal imaging methods are fast-growing application markets. In the product category, complementary metal-oxide-semiconductor (CMOS) and flat panel image sensor markets are expected to experience high growth, owing to their distinct technical advantages over charge-coupled devices and film-based sensors.
Demographically, the markets in North America and Europe are expected to remain dominant in terms of market share, while Asia is poised to experience rapid growth. Untapped markets in Asia are expected to offer new growth opportunities in the forecast period. Increased expenditure on healthcare infrastructure is boosting the healthcare market in China. With dense population, the growing number of aging people, and increased adoption of digital X-ray systems, China is expected to supersede other Asian markets.
The report also profiles leading participants of this industry and their recent developments and strategic activities. These include Agfa HealthCare, (Belgium), Canon U.S.A (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), CareStream Health (US), Fujifilm Medical Systems, Inc. (U.S.), GE Healthcare (U.K), AC X-ray Corp. (U.S), Imaging Dynamic Company (Canada), Konica Minolta (U.S), Swiss Ray International (U.S) UMG/DEL Medical (U.S), Varian Medical Systems (U.S), and iCro, Inc. (U.S).
Scope of the Report:
This technical report categorizes the market for digital X-ray by types, product segments,- application, and geography. These markets are broken down into
segments and sub-segments, providing exhaustive value analysis for 2012and 2013, as well as forecast up to 2018. Each of the market is comprehensively analyzed at a granular level by geography (North America, Europe, Asia, and Rest of the World) to provide in-depth information on the global scenario.
Global Market, by type
- Computed Radiography
- Digital Radiography
Global Market, by major product segment
- Detectors (Flat panel detectors, CCD, CMOS)
- X-ray contrast media
Global Market, by application
- Chest Imaging
- North America
- Rest of the World (RoW)
Table Of Contents
1 Introduction (Slide No 14-20)
1.1 Key Take Aways
1.2 Report Scope & Segmentation
1.3 Research Methodology
1.4 Key Data Points From Secondary & Primary Resources
2 Executive Summary (Slide No 21-24)
3 Technology Snapshot (Slide No 25-39)
3.1 Technology Overview (Introduction, Evolution & Technology Segmentation)
3.2 Differences Between Digital X-Rays And Analog System
3.3 Technology Trends Overview
3.3.1 Technology Trends By Type (Cr&Dr)
22.214.171.124 CR & DR Advantageous & Dis-Advantageous, Similarities & Differences
3.3.2 Technology Trends By Product Segments
126.96.36.199 Detector Types (Flat Panel Detectors (A-SI), CCD, CMOS)
188.8.131.52 Software (Image Analysis And Visualization Systems)
184.108.40.206 X-Ray Contrast Agents
3.4 Commercially Available Digital X-Rays Products
4 Value Chain Analysis (Slide No 40-44)
4.1 Value Chain Analysis Overview
4.2 Value Chain Analysis By Porters Five Forces Model
5 Market Landscape Analysis (Slide No 45-71)
5.1 Global Digital X-Ray Market Segmentation
5.2 Global Digital X-ray Market Overview
5.2.1 Global Digital X-ray Market, By Geography
5.3 Market Dynamics Overview
5.3.1 Market Dynamics Drivers
220.127.116.11 Drivers Timeline
5.3.2 Market Dynamics Restraints
18.104.22.168 Restraints Timeline
5.3.2 Market Dynamics Challenges
5.4 Global Digital X-Ray Market By Type
5.4.1 Computed Radiography By Geography
5.4.2 Digital Radiography By Geography
5.5 Cr/Dr Market, By Major Product Segments
5.5.1 Flat Panel (A-SI) Detectors Market, By Geography
5.5.2 CCD Detectors Market, By Geography
5.5.3 CMOS Detectors Market, By Geography
5.5.4 Image Analysis And Visualization Software Market, By Geography
5.5.5 X-Ray Contrast Media Market, By Geography
5.6 Cr/Dr Market, By Application
5.6.1 Chest Imaging Market, By Geography
5.6.2 Dental Imaging Market, By Geography
5.6.3 Mammography Market, By Geography
5.6.4 Fluoroscopy Market, By Geography
5.6.5 Other Market, By Geography
5.7 Global Impact Of Digital X-Ray Systems
5.8 Market Share Analysis Of Key Players
6 Technology Adoption & Development Potential Based On Geography (Slide No 72-78)
6.1 Geographic Adoption And Development Potential Overview
6.2 Technology Adoption & Development North America: U.S. & Canada
6.3 Technology Adoption & Development Europe: U.K., Germany, France, Italy & Spain
6.4 Technology Adoption & Development Asia: China, Japan & India
6.5 Technology Adoption & Development Row: Australia, Russia & Brazil
6.6 Regions With High And Medium Adoption Of Digital X-Rays
7 Regulatory Landscape Analysis (Slide No 79-84)
7.1 Regulatory Landscape Analysis Overview
7.2 Regulatory Landscape Analysis By Region, North America, Europe And Rest Of The World
7.3 Regulatory Landscape Analysis By Country
8 Competitive Landscape Analysis (Slide No 85-93)
8.1 Competitive Landscape Overview
8.2 Key Product Launches (2010 2013)
8.3 Key Mergers & Acquisitions (2010 2013)
8.4 Key Partnerships/Collaborations/Agreements (2010 2013)
9 Patent Analysis (Slide No 94-97)
9.1 Patent Analysis (2008 2012)
10 Key Company Profiles (Slide No 98-138)
10.1 AGFA Healthcare
10.2 CANON U.S.A., Inc.
10.3 PHILIPS Healthcare
10.4 SIEMENS Healthcare
10.5 CARESTREAM Health
10.6 FUJIFILM Medical Systems U.S.A., Inc.
10.7 GE Healthcare
10.8 TOSHIBA Medical Systems Corporation.
10.9 HITACHI Medical Corporation, Ltd.
10.10 A/C X-Ray Corp.
10.11 IMAGING Dynamics Company
10.12 KONICA Minolta Medical Imaging U.S.A., Inc.
10.13 SIRONA Dental, Inc.
10.14 SWISSRAY International, Inc.
10.15 UMG/DEL Medical
10.16 VARIAN Medical Systems, Inc.
10.17 ICRCO, Inc.
10.18 KUBTEC X-Ray
10.19 NORTH Star Imaging, Inc.
10.20 QUANTUM Medical Imaging
10.21 3DISC Americas, Inc.
10.22 AIR Techniques, Inc.
List Of Table ( 14 Tables)
Tab - 1 Global digital X-ray Market, By Type, 2012 2018 ($Billion)
Tab - 2 Computed Radiography Systems Market,By Geography, 2012 2018 ($Billion)
Tab - 3 Digital Radiography Systems Market,By Geography, 2012 2018 ($Billion)
Tab - 4 Flat Panel (A-Si) Detectors Market,By Geography, 2012 2018 ($Million)
Tab - 5 CCD Detectors Market, By Geography, 2012 2018 ($Million)
Tab - 6 CMOS Detectors Market, By Geography, 2012 2018 ($Million)
Tab - 7 Software Market, By Geography, 2012 2018 ($Million)
Tab - 8 X-Ray Contrast Media Market, By Geography, 2012 2018 ($Million)
Tab - 9 Global Digital X-Ray Market,By Application, 2012 2018 ($Billion)
Tab - 10 Chest Imaging Market, By Geography, 2012 2018 ($Billion)
Tab - 11 Dental Imaging Market, By Geography, 2012 2018 ($Billion)
Tab - 12 Mammography Market, By Geography, 2012 2018 ($Billion)
Tab - 13 Fluoroscopy Market, By Geography, 2012 2018 ($Billion)
Tab - 14 Others Market, By Geography,2012 2018 ($Billion)
List Of Figure (26 Figures)
Fig - 1 Global Digital X-ray Market, 2012 2018 ($Billion)
Fig - 2 Porters Value Chain Analysis
Fig - 3 Global Digital X-Ray Market 2012 2018 ($Billion)
Fig - 4 Global Digital X-Ray Market, By No. Of Installations, 2012 2018 (Unit)
Fig - 5 Global Digital X-Ray Systems Market By Geography, 2012 2018 ($Billion)
Fig - 6 Global Digital X-Ray Systems Market Share, By Geography, 2013
Fig - 7 Global Digital X-Ray Systems Market Share, By Type, 2013
Fig - 8 Global Computed Radiography Systems Market Share, By Geography, 2013
Fig - 9 Global Digital Radiography Systems Market Share, By Geography, 2013
Fig - 10 Flat Panel (A-SI) Detectors Market Share, By Geography, 2013
Fig - 11 CCD Detectors Market Share, By Geography, 2013
Fig - 12 CMOS Detectors Market Share, By Geography, 2013
Fig - 13 Software Market Share,By Geography, 2013
Fig - 14 Cmos Detectors Market Share, By Geography, 2013
Fig - 15 Global Digital X-Ray Systems Market Share,By Application, 2013
Fig - 16 Chest Imaging Market Share, By Geography, 2013
Fig - 17 Dental Imaging Market Share, By Geography, 2013
Fig - 18 Mammography Market Share, By Geography, 2013
Fig - 19 Fluoroscopy Market Share, By Geography, 2013
Fig - 20 Others Market Share,By Geography, 2013
Fig - 21 Market Share Analysis,By Key Player, 2013
Fig - 22 Digital X-Ray Market Cagr, By Geography, 2013 2018 (Cagr%)
Fig - 23 Technology Adoption & Development Potential By Geography
Fig - 24 X-Ray Market: Regulatory Landscape
Fig - 25 Key Growth Strategies, 2013
Fig - 26 Patents Published Between 2008 2012
Radiography is the largest segment in the $15 billion medical imaging market with products in technology categories such as analogs, computed radiography, digital radiography, C-arm and fluoroscopy. It is the most common and basic medical imaging technique used in medical diagnosis.The market is broadly segmented into types, major product segments, and applications. Digital X-ray types are further classified as computed radiography (CR) and digital radiography (DR), while major product segments are segmented into three types, namely, detectors, software and digital X-ray contrast media. Detectors are further segmented into flat panel detectors, charge coupled devices (CCD), and complementary metal-oxide-semiconductor (CMOS). Applications are classified as chest imaging, mammography, dental,- fluoroscopy, and others (musculoskeletal, whole body, and neonatal imaging).
Computed radiography accounts for more than 70% market share in the market. Cost is a major advantage in the growth of the segment. Digital radiography costs more than computed radiography and has few advantages over the latter. Adoption of digital radiography in North America and Europe is very high, resulting in high market share in these regions.
The global market has been estimated at $3.8 billion in 2013, and is expected to grow at a CAGR of 4.51% from 2013 to 2018. Digital radiography, the fastest-growing segment with a CAGR of 5.43%, is expected to grow rapidly and supersede computed radiography (CR) over the next decade. Developing countries play a vital role in the growth of the digital X-ray market, as the market in developed nations has reached a saturation point. Asia, which accounts for two-third of the worlds population, has potential to overtake North America and Europe as the major market over the next decade. Adoption of new technology in these regions is on the rise, as consumers are more aware about current trends and technology advancements.
Europe has a high adoption of digital X-ray systems; it accounts for 28% market share of the global. Countries like Germany, The Netherlands, U.K. and France has more than 70% adoption of digital X- ray systems, the region is expected to grow at a CAGR of 3.09%. Due to weak economic conditions, healthcare budgets have been reduced, forcing several hospitals and health institutions to postpone upgradation of old X-ray units to digital. In the RoW market, Australia, Brazil, Russia and countries in the Middle East are major markets, estimated to grow at a CAGR of 5.45%; it is the fastest growing market after Asia.
Key players include Agfa HealthCare, (Belgium), Canon U.S.A (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), CareStream Health (U.S.), Fujifilm Medical Systems, Inc (U.S.), GE Healthcare (U.K), AC X-ray Corp. (US), Imaging Dynamic Company (Canada), Konica Minolta (U.S.), Swiss Ray International (U.S.) UMG/DEL Medical (U.S.), Varian Medical Systems (U.S.), and iCro, Inc. (U.S.).
Global Digital X-ray Market, 2012 2018 ($billion)
Source: MnM Analysis