Navigation Links
Digital Radiology Market is Expected to Reach USD 13.3 Billion Globally in 2018: Transparency Market Research

ALBANY, New York, August 29, 2012 /PRNewswire/ --

According to a new market report published by Transparency Market Research ( "Digital Radiology Market - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018," the global radiology systems market is estimated at USD 9.7 billion in 2012 and expected to reach USD 13.3 billion by 2018 at a CAGR of 5.4% from 2012 to 2018. Globally, the North America region is expected to maintain its lead position in terms of revenue till 2018. North America holds about 41.9% of the global digital radiology market revenue share in 2012 followed by Europe. In terms of volume, the global digital radiology market is expected to reach 158.2 thousand units by 2018.

Browse the full report at 

Radiology departments across the globe face issues of storing, archiving and retrieving large volume of images and data with traditional films. Moreover, with increasing adoption of telemedicine and medical telemetry, faster and secure transmission of such data is crucial. In addition, modern diagnostic equipments and scanners are producing very large volume of data, which requires better data management systems. This initiated the gradual shift of radiology departments across the globe from film-based to digital radiology systems. Eventually digital radiology became an integral component of workflow optimization strategy of radiology departments.

The several benefits that are compelling the improved adoption of digital radiology worldwide are - superior and accurate image capture, reduced radiation exposure for patients and workers, flexibility in image management, improved patient throughputs, and superior evaluation of data and images. Increasing research and development activities in the field have given rise to newer, more compact and powerful equipments, which have provided additional growth to the industry. Strong market competition is resulting in annual 4-7% price erosion. This has made the devices become affordable and enhanced the market penetration. Increased application areas such as minimally invasive procedures, pain management, orthopedics, neurovascular and others have increased the market adoption.

Related & Recently Published Reports by Transparency Market Research

Public Safety Market

Tablet Market

A2P SMS Market

Mobile Content Industry

eDiscovery Software Market

Neonatal Infants Enteral Feeding Market

Global Crop Protection Market

Synthetic Biology Industry

Bioplastics Market Size

Global Pet Food Market

Initial installation cost and cost outlay is very high for digital radiography setups. The average cost of devices is above USD 50,000 which is limiting its adoption by small clinics and outpatient diagnostic centers. Serious concerns have been raised by healthcare professionals due to the radiation exposure caused to patients during radiological examination. Future, the market is expected to be inclined towards a safer device which can produce enhanced image quality with minimum use of radiation. Quality of image is determined by the number of pixels - higher the pixels, higher will be the quality. But high numbers of pixels also causes high noise which is a technological restraint.

The digital radiology devices market is extremely competitive with a close gap between Siemens Healthcare, GE Healthcare, Philips Healthcare, Canon Medical, Konica Minolta and Fujifilm. Siemens Healthcare is the market leader with about 12.9% revenue share in 2012.

This report is an effort to identify factors, which will be the driving force behind the digital radiology market and sub-markets in the next few years. The report provides extensive analysis of the digital radiology industry, current market trends, industry drivers and challenges for better understanding of the digital radiology market status. The report has segregated the digital radiology industry in terms of product, and geography. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global digital radiology market as below:

Digital Radiology Category

Digital Detectors Devices

Portable Radiography System

Mobile C-Arm

In addition the report provides a cross-sectional analysis of all the above segments with respect to the following geographical markets:

North America

  • U.S.
  • Canada
  • Mexico


  • U.K.
  • France
  • Germany
  • Italy
  • Spain

    Asia Pacific

  • Japan
  • China
  • Latin America

  • Brazil

    Middle East and Africa

Browse allTechnology & Media MarketResearch  Reports

Upcoming Reports in Technology & Media Market  

POS Terminals Market

Managed Security Services Market

Silicon-based Fingerprint Sensors Market

Cloud Computing Services Market

Biometrics Market

Email Marketing Industry

Digital Photography Market

Micro Irrigation Systems Market

Social Gaming Market

Smartphone Applications Market

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
   Blog: / /

SOURCE Transparency Market Research
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. CVS/pharmacy Mobile App Transforms Smartphones into Digital ExtraCare Cards
2. Ventana Receives FDA Clearance for p53 (DO-7) Image Analysis and Digital Read Applications
3. Physicians Practice Recognized for Print and Digital Excellence
4. Anoto Digital Pen and Paper Facilitating Adoption of Meaningful Use Certified Electronic Health Record Technology
5. Dr. David Brailer and Stephen Dubner Keynotes for NYeC 2012 Digital Health Conference
6. Vocollect Healthcare Systems And Prime Care Technologies Bring AccuNurse Key Performance Metrics To Long-Term Care Providers Via primeVIEW Digital Dashboard
7. Arthritis Associates of South Florida Acquires Access to Patient Health History Faster with Digital Pen Technology from Anoto and NextGen Healthcare
8. Lower Operating Expense Augments Digital X-rays Uptake Across Industries, Finds Frost & Sullivan
9. Automated Digital Intervention Drives Medication Adherence
10. closerlook Named to List of Chicagos Top 100 Digital Companies
11. Analysis of the Industrial Digital X-ray Inspection Systems Market
Post Your Comments:
(Date:11/27/2015)... --> --> ... The potential to save costs, improve treatment quality and ... fully exploited as yet. Here, particular emphasis is placed ... mobile tablet or directly at the patients, bedside. ... ) -->      (Photo: ...
(Date:11/27/2015)... Research and Markets ( ) has announced the ... report to their offering. ... author the present scenario and growth prospects of the ... market size, the report considers revenue generated from the ... copper IUDs. The report forecasts the global intrauterine devices ...
(Date:11/26/2015)... Bajos, November 26, 2015 Un ... de Bremachlorin para el cáncer avanzado.   ... la terapia fotodinámica de Bremachlorin para el cáncer avanzado. ... combina la inmunoterapia con la terapia fotodinámica de Bremachlorin ... Cancer Research . --> Clinical Cancer Research ...
Breaking Medicine Technology:
(Date:11/26/2015)... ... November 26, 2015 , ... Jobs in hospital medical laboratories and ... offered by healthcare staffing agency Aureus Medical Group . These fields, ... 2015 among those searching for healthcare jobs through the company’s website, ...
(Date:11/26/2015)... (PRWEB) , ... November 26, 2015 , ... ... new set of retro-fused, self-animating trailer titles with ProTrailer: Vintage. This newly styled ... These classically-influenced trailer titles work with any font, giving users limitless opportunities to ...
(Date:11/25/2015)... ... November 25, 2015 , ... Additional breast cancers found ... mammography, according to a study published online in the journal Radiology. Researchers said ... may necessitate a change in treatment. , Breast MRI is the most sensitive ...
(Date:11/25/2015)... (PRWEB) , ... November 25, 2015 , ... Finnleo, a ... Christmas Eve on several models of traditional and far-infrared saunas. , For ... Spruce is the most traditional Finnish sauna wood, and Finnleo uses only European Grade ...
(Date:11/25/2015)... ... November 25, 2015 , ... Dr. John Pierce, Medical Director at ... hair loss treatment with the Capillus272™ Pro laser therapy cap. FDA cleared for safety ... fuller hair, without the need for surgery, prescription pills, or topical foams. , ...
Breaking Medicine News(10 mins):