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Digitization of Medical Imaging Drives the Global Digital Radiography Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Digital Radiography markets. Global market for Digital Radiography is projected to reach US$1.1 billion by the year 2020, driven by increasing healthcare digitalization, compelling technological advancements, along with growing popularly of wireless and portable DR detectors.

San Jose, California (PRWEB) August 08, 2014

Follow us on LinkedIn – The global medical imaging industry is experiencing a digital revolution, driven largely by strong government programs. Continuous technological advancements are also playing a pivotal role in the healthcare digitization movement by catalysing the evolution of digital images from a mere diagnostic tool into a powerful instrument used for the prevention of medical conditions and more importantly as a pre-surgical tool. The long fabled ability to painlessly and accurately visualize the human anatomical structure and offer diagnosis within seconds and with as little radiation exposure as possible, has finally become a reality enabled largely by digital radiography (DR). Given the magnitude of advantages offered by digital radiology, radiology will become a leading field where numerous technology solutions, and digital initiatives will be implemented. This therefore provides digital radiography substantial opportunities for growth in the coming years.

Research and development, and the ensuing technological innovations will help guarantee a bright future for digital radiography. Technological advancements in terms of hardware, including sources, detectors, tubes as well as software, have immensely contributed towards enhancing cost-effectiveness, efficiency as well as user-friendliness of DR systems. Launch of newer, more compact and powerful DR equipment models is expected to encourage widespread use. In addition, the introduction of highly advanced DR systems, which provides enhanced image resolution along with radiation dose reduction is also expected to add to the strength of the market in the coming years. wireless, portable DR detectors are growing popularity. Wireless Digital Radiography, is forecast to gain momentum in the long-run as hospitals begin to wield information systems as a tool to leverage the advantages of DR systems. Adoption of wireless FPD X-ray systems is also being driven by the development of retrofit solutions, which allow the upgrade of existing analog X-ray systems. Adoption of digital radiography in dental clinics is increasing supported by benefits such as ability to produce high-quality images, reduce cost of operation, improve patient comfort, and limit radiation exposure.

The global digital radiography market is dominated by the United States largely due to the existence of a robust healthcare infrastructure. As stated by the new market research report on Digital Radiography, the United States represents the largest market worldwide. Growth in the country is driven the rapidly aging population which requires twice as much radiographic examination. Asia-Pacific and Latin America are forecast to emerge into the fastest growing markets worldwide. China, India, and Brazil present ample opportunities for growth led by growing awareness over the importance of quality healthcare, economic growth, governmental support, greater emphasis on improving healthcare infrastructure, and better access to high quality, affordable healthcare services.

Investing in continuous technology innovation is critical for manufacturers of DR systems to remain competitive in the market. Leading vendors are focusing on developing products with new features and advanced software algorithms to enhance workflow and efficiency. Growing focus of the healthcare community on minimizing unnecessary radiation exposure is necessitating DR vendors to explore ways to reduce radiation exposure without compromising on image quality.

Key players covered in the report include Agfa HealthCare NV, Air Techniques Inc., Analogic Corporation, Canon U.S.A. Inc., Carestream Health Inc., Fujifilm Medical Systems U.S.A. Inc., GE Healthcare, Hologic Inc., Imaging Dynamics Company Ltd., Konica Minolta Inc., Mindray Medical International Ltd., Philips Healthcare, Sectra AB, Siemens Healthcare, Swissray International Inc., and Viztek, LLC, among others.

The research report titled “Digital Radiography: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the digital radiography market, current market trends, major growth drivers, product innovations and launches, and strategic industry activities of companies worldwide. The report provides market estimates and projections for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Digital_Radiography_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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