Global Film Based Radiography Market – Industry Trends and Forecast to 2029

Film Based Radiography Market Analysis and Size

The increase in the number of radiography tests performed in hospitals worldwide each year is one of the major factors driving demand for film based radiography, whereas the introduction of new and advanced imaging equipment by key market players such as Kodak and Fuji, particularly in developed economies, is expected to have a negative impact on market growth. However, due to the high cost of advanced equipment, hospitals in emerging economies continue to use analogue radiography, allowing the film based radiography market to grow in these regions.

Data Bridge Market Research analyses that the film based radiography market was valued at USD 208.79 million in 2021 and is expected to reach the value of USD 246.56 million by 2029, at a CAGR of 2.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Film Based Radiography Market Scope and Segmentation

Market Definition

X-ray film, also known as XRF film or radiography film, is a type of photographic film used to record and display x-rays. It can be made with different sensitivities (for example, orthochromatic/blue-sensitive; panchromatic). As they require less exposure than typical diagnostic X-ray films, the most common type of medical x-ray film is called "screening" film, and it produces only an image with dark areas on a light background. Air quality management systems; oil and gas exploration field development such as well logging, reservoir modelling, geophysical imaging, and production monitoring in oil fields; and construction inspections such as welds or casing leaks using x rays.

Global Film Based Radiography Market Dynamics

Drivers

• High prevalence of chronic diseases

The rising prevalence of chronic diseases among the world's growing population is expected to be a major growth driver for the global film based radiography market over the forecast period. The increasing use of computed radiography for various medical applications is also expected to fuel the global film based radiography market's growth. Furthermore, the adoption of high-quality imaging tools for a variety of industrial and medical applications is expected to boost demand for film based radiography.

• Technological innovation is proliferating market demand

Continuous technological advancements, the development of AI-based digital x-ray systems, and untapped potential in emerging markets all provide favourable growth opportunities. Furthermore, rising healthcare spending in developing Asian-Pacific markets such as India and China is driving up global film based radiography demand. Furthermore, the geriatric population is growing. People of a previous generation require more care in order to avoid chronic and fatal illnesses.

Opportunities

• High inspection quality

Rising integration with the latest software, which in turn increases inspection quality, as well as popularity, are among the major factors driving the film-based radiography market. Furthermore, technological advancements and modernization in machinery will create new opportunities for the film-based radiography market during the forecast period.

Restraints

• High development cost

However, the increased deployment cost of this technology, as well as the high risk of radiation exposure, are the major factors acting as restraints, and will continue to challenge the film-based radiography market during the forecast period.

This film based radiography market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the film based radiography market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures

Recent Development

• In August 2020 Canon Medical USA will launch the SOLTUS 500 Mobile Digital X-ray system, with innovations that will help speed up bedside exams and improve workflow and productivity.
• In December 2020 Canon Medical System USA, Inc. will release the OMNERA 500A Digital Radiography system with enhanced intelligent auto-positioning capability to improve workflow.
• In 2019, Canon USA and Virtual Imaging Inc. introduced the CXDI-710C, CXDI810C, and CXDI-410C wireless digital radiography (DR) detectors to help with the digital X-ray process update.

Global Film Based Radiography Market Scope

The film based radiography market is segmented on the basis of portability and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Portability

• Retrofit Digital X-ray System
• New Digital
• X-ray System

End users

• Petrochemicals and Gas
• Power Generation
• Manufacturing
• Aerospace
• Automotive and Transportation

Film Based Radiography Market Regional Analysis/Insights

The film based radiography market is analysed and market size insights and trends are provided by country, portability and end users as referenced above.

The countries covered in the film based radiography market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific region is also expected to grow at an exponential rate, with China leading the way due to the construction of an increasing number of nuclear power plants as well as massive investments by the country's healthcare industry players.

In recent years, emerging economies such as Saudi Arabia and the United Arab Emirates have increased healthcare expenditure per capita and disposable income, making the Middle East and Africa one of the fastest-growing regions.

In market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Film Based Radiography Market Share Analysis

The film based radiography market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to film based radiography market.

Some of the major players operating in the film based radiography market are:

• STERIS (U.S.)
• Getinge AB (Sweden)
• 3M (U.S.)
• Sotera Health (U.S.)
• Fortive (U.S.)
• Cardinal Health (U.S.)
• Metall Zug AG (Switzerland)
• Stryker (U.S.)
• Merck KGaA (Germany)
• MMM Group (Germany)
• MATACHANA GROUP (Spain)
• Tuttnauer (Netherlands)
• Andersen Sterilizers (U.S.)
• Steelco S.p.A. (Italy)
• Noxilizer, Inc. (U.S.)
• DE LAMA S.P.A. (Italy)
• Cosmed Group (U.S.)
• C.B.M. S.r.l. Medical Equipment (Italy)
• E-BEAM Services, Inc. (U.S.)

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