Global Computed Radiography Market, By Type (Computed Radiography (CR), Digital Radiography (DR)), Applications (Hospitals, Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
The computed radiography market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 4275.65 million and grow at a CAGR of 4.53% in the above-mentioned forecast period. Rise in the emergence of novel digital imaging modalities by numerous key players drives the computed radiography market.
Computed radiography (CR) is defined as an imaging technique which uses electromagnetic radiation such as X-rays. Computed radiography is a computer aided technique which uses irradiation process to produce three dimensional representations of scanned objects internally or externally. Computed radiography equipment is used in numerous applications such as medical facilities and industrial purpose. CR equipment comprises imaging plate which is made up of photostimulable phosphor.
Increase in the advancement in technologies in computed radiography equipment is the vital factor escalating the market growth, also rise adoption of computed radiography equipment coupled with technological advancements, rise in the utilization of CR equipment by medical facilities and rise in the introduction of new equipment by various key players are the major factors among others driving the computed radiography market. Moreover, rise in the technological advancements and modernization in the healthcare sector and rise in the demand from emerging economies will further create new opportunities for computed radiography market in the forecasted period of 2021-2028.
However, high cost of the equipment is the major factor among others which will obstruct the market growth, and will further challenge the growth of computed radiography market in the forecast period mentioned above.
The computed 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 localised 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 computed 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.
Computed Radiography Market Scope and Market Size
The computed radiography market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the computed radiography market is segmented into computed radiography (CR) and digital radiography (DR).
- The computed radiography market is also segmented on the basis of application into hospitals, clinics and others.
Computed Radiography Market Country Level Analysis
The computed radiography market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the computed 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.
North America dominates the computed radiography market due to rise adoption of computed radiography equipment coupled with technological advancements, rise in the utilization of CR equipment by medical facilities and rise in the introduction of new equipment by various key players in this region. Europe is the second largest region in terms of growth in computed radiography market due to rise adoption of computed radiography equipment coupled with technological advancements and rise in the utilization of CR equipment by medical facilities in this region.
The country section of the computed radiography market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The computed radiography market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for computed radiography market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the computed radiography market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Computed Radiography Market Share Analysis
The computed 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 computed radiography market.
The major players covered in the computed radiography market report are Siemens Healthcare GmbH, Jones X-Ray, Inc, Konica Minolta Business Solutions India Private Limited, Euroteck Systems, Multi, Inc, MXR Imaging Inc, Desert Health Imaging Technologies, LLC, FUJIFILM Corporation and Koninklijke Philips N.V among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.