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Europe Digital Radiography System Research Report 2021-2028

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Radiography or imaging is a process of screening of anatomical structures that are present inside the body. The X-rays are utilized to produce radiographs of several components such as oral cavity, tissues, and other skeletal components. The images produced are used for disease detection and imaging-guided procedures such as minimally invasive surgeries. The growth of the older population in the European region is one of the major factors driving the growth of digital radiography systems market. The number of people aged 85 years is anticipated to rise from 19 million by 2020 to 40 million by 2050. This will further affect the median age in European population and will reach 50 years by 2050 from 38 years in 2005. Some of the conditions such as cancers, cardiovascular and dental diseases are associated with age. Escalation in the prevalence of chronic diseases is also witnessed due to lifestyle choices and rising obesity among the population which also encompass as some of the significant parameters that are driving the market size.

Also Read: http://www.marketwatch.com/story/europe-digital-radiography-system-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-07-12

 In addition to this, surging disposable income in EU countries and greater R&D budgets have also increased the focus on technological advancements. Strict government laws regarding radiation exposure will further escalate the market growth in this region. However, unfavorable reimbursement policies by government and high installation cost of digital radiography systems may hinder the growth of this market. Moreover, the lack of technicians and skilled workforce is affecting the adoption of technology. To add on, the emergence of artificial intelligence in recent years is also projected to lead the astonishing growth of this industry. Radiographs produced with AI integrated systems are more accurate.
Technological advancements are being observed in this industry. The market is projected to grow from US$ 2288.2 Million in 2018 to US$ 3504.2 Million in 2025 with a CAGR of 6.36%. Several equipment such as Scanners, Sensors Scintillator and Phosphor Imaging Plate (PIP) can be deployed for the acquisition of radiographs. Earlier photographic film was the solitary medium of capturing these images.

Also Read: http://www.marketwatch.com/story/cathode-material-of-consumer-lithium-battery-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2020-2027-2021-07-18

However, digital radiography is influencing the market growth due to the safety associated with it. The incredible penetration of portable digital radiography systems is witnessed in the European region due to the compactness of these systems. The Radiography has a huge application in cardiology, dentistry, orthopedics, mammography, and fluoroscopy & tumor detection. The growing market of prosthetics and cosmetic dentistry is also acted as a buffer for the adoption of these systems. The market has been influenced by several end users such as clinics, hospitals, diagnostic centers, and research institutes. However, the high cost of the imaging system is affecting the market as the lack of funds with solo practitioners is hampering the market potential in Europe.
Germany is projected to dominate the digital radiography systems market with a market share of US$ 891.7 Million (2025) followed by United Kingdom (UK) which is projected to constitute a market share of US$ 798.6 Million in 2025. Strict government regulations regarding the usage of digital X-ray systems has impeded the growth prospects of digital imaging in certain regions. GE Healthcare, Siemens Healthineers, Philips Healthcare, Shimadzu Corporation, Fujifilm Holdings, Hitachi Medical Corporation, Esaote S.p.A., Carestream Health, and Agfa-Gevaert NV are some of the prominent players of this industry. These players tend to expand their geographical reach by the commencement of several M&A’s along with partnerships. Government funding facilitates players for the manufacturing of hi-tech and innovative products. Moreover, changing healthcare trends also affect the market.
European Digital Radiography market stood at US$ 2,288.2 million in 2018. The sector is expected to grow at a CAGR of 6.36% during the forecast period 2019-2025 to reach a market valuation of US$ 3,504.2 million by 2025. Germany dominated the European Digital Radiography market in 2018, generating revenue of US$ 590.1 million. However, the Netherlands is expected to witness the highest CAGR growth of 7.60% during the analyzed period.

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List OF CONTENTS AND TABLES:

  1. MARKET INTRODUCTION

1.1 Market Definition 13

1.2 Objective of the Study 13

1.3 Limitation 13

1.4 Stakeholders 13

1.5 Currency used in the Report 14

1.6 Scope of Europe Digital Radiography System Market Study 14

  1. RESEARCH METHODOLOGY 15

2.1 Research Methodology adopted for European Digital Radiography System Market study 15

2.1.1 Main objective of the European Digital Radiography Systems Market Study 16

  1. REGULATORY FRAMEWORK 17

3.1 General Overview 17

3.1.1 European Regulations and Reimbursement Policies for Digital Radiography 17

  1. INDUSTRY PERFORMANCE 19
  2. EXECUTIVE SUMMARY 21
  3. MARKET OVERVIEW 23

6.1 Introduction 23

6.2 Market Dynamics 24

6.2.1 Market Drivers 24

6.2.1.1 Radiation Exposure Reduction 24

6.2.1.2 Increasing Older Population and Problems Associated 25

6.2.1.3 Rising Burden of Chronic Diseases 26

6.2.1.4 Expanding Market of Minimally Invasive Surgeries 29

6.2.2 Market Restraints 29

6.2.2.1 High Cost of Equipment 29

6.2.3 Trends in Dental Imaging Technology 30

6.2.3.1 Artificial Intelligence (AI) in Radiology 30

  1. KEY MARKET INDICATORS 33

7.1 General Overview 33

7.1.1 Demand and Supply Side Analysis 33

7.1.1.1 Top Winning Strategies 33

7.1.1.1.1 Top Product launches 34

7.1.1.1.2 Top Business Expansions 35

7.1.1.1.3 Top Investments 35

7.1.1.1.4 Top Acquisition and Collaborations 35

7.1.2 Value Chain Analysis of European Digital Radiography Market 36

  1. MARKET INSIGHTS BY TECHNOLOGY 38

8.1 General Overview 38

8.1.1 Computed Radiography 40

8.1.2 Direct Digital Radiographic 41

  1. MARKET INSIGHTS BY EQUIPMENT 42

9.1 General Overview 42

9.1.1 Sensors 44

9.1.2 Scintillator 45

9.1.3 Phosphor Imaging Plate (PIP) 46

  1. MARKET INSIGHTS BY PORTABILITY 47

10.1 General Overview 47

10.1.1 Fixed Systems 48

10.1.2 Portable Systems 49

  1. MARKET INSIGHTS, BY APPLICATIONS 50

11.1 General Overview 50

11.1.1 Orthopedics 51

11.1.2 Dental Imaging 52

11.1.3 Mammography 53

11.1.4 Cardiology 55

11.1.5 Chest Imaging 56

11.1.6 Fluoroscopy 58

11.1.7 Oncology 58

11.1.8 Others 60

  1. MARKET INSIGHTS BY END-USER 62

12.1 General Overview 62

12.1.1 Hospitals 63

12.1.2 Diagnostics Centres 64

12.1.3 Other End-Users 65

  1. MARKET INSIGHTS BY COUNTRY 67

13.1 General Overview 67

13.2 Germany Digital Radiography Systems Market (2018-2025) 68

13.2.1 Germany Digital Radiography Systems Market, by Technology 69

13.2.2 Germany Digital Radiography Systems Market, by Equipment 70

13.2.3 Germany Digital Radiography Systems Market, by Portability 70

13.2.4 Germany Digital Radiography Systems Market, by Application 71

13.2.5 Germany Digital Radiography Systems Market, by End-Users 71

13.3 France Digital Radiography Systems Market (2018-2025) 72

13.3.1 France Digital Radiography Systems Market, by Technology 73

13.3.2 France Digital Radiography Systems Market, by Equipment 74

13.3.3 France Digital Radiography Systems Market, by Portability 74

13.3.4 France Digital Radiography Systems Market, by Application 75

13.3.5 France Digital Radiography Systems Market, by End-Users 75

13.4 United Kingdom Digital Radiography Systems Market (2018-2025) 76

13.4.1 UK Digital Radiography Systems Market, by Technology 78

13.4.2 UK Digital Radiography Systems Market, by Equipment 78

13.4.3 UK Digital Radiography Systems Market, by Portability 79

13.4.4 UK Digital Radiography Systems Market, by Application 79

13.4.5 UK Digital Radiography Systems Market, by End-Users 80

13.5 Spain Digital Radiography Systems Market (2018-2025) 80

13.5.1 Spain Digital Radiography Systems Market, by Technology 81

13.5.2 Spain Digital Radiography Systems Market, by Equipment 82

13.5.3 Spain Digital Radiography Systems Market, by Portability 82

13.5.4 Spain Digital Radiography Systems Market, by Application 83

13.5.5 Spain Digital Radiography Systems Market, by End-Users 83

13.6 Netherlands Digital Radiography Systems Market (2018-2025) 84

13.6.1 Netherlands Digital Radiography Systems Market, by Technology 85

13.6.2 Netherlands Digital Radiography Systems Market, by Equipment 85

13.6.3 Netherlands Digital Radiography Systems Market, by Portability 86

13.6.4 Netherlands Digital Radiography Systems Market, by Application 86

13.6.5 Netherlands Digital Radiography Systems Market, by End-Users 87

13.7 Italy Digital Radiography Systems Market (2018-2025) 87

13.7.1 Italy Digital Radiography Systems Market, by Technology 89

13.7.2 Italy Digital Radiography Systems Market, by Equipment 89

13.7.3 Italy Digital Radiography Systems Market, by Portability 90

13.7.4 Italy Digital Radiography Systems Market, by Application 90

13.7.5 Italy Digital Radiography Systems Market, by End-Users 91

13.8 Rest of Europe Digital Radiography Systems Market (2018-2025) 91

13.8.1 Rest of Euro Digital Radiography Systems Market, by Technology 92

13.8.2 Rest of Euro Digital Radiography Systems Market, by Equipment 93

13.8.3 Rest of Euro Digital Radiography Systems Market, by Portability 93

13.8.4 Rest of Euro Digital Radiography Systems Market, by Application 94

13.8.5 Rest of Euro Digital Radiography Systems Market, by End-Users 94

  1. COMPETITIVE SCENARIO 96

14.1 Porter’s Five forces analysis 96

14.1.1 Bargaining power of Buyer 96

14.1.2 Bargaining power of Supplier 97

14.1.3 Threat of new entrants 97

14.1.4 Availability of Substitute 97

14.1.5 Industry Rivalry 98

14.2 Top Players in the Global (Europe) digital radiography systems market, 2017 99

  1. TOP COMPANY PROFILES 100

15.1 Canon Inc. 100

15.1.1 Key Facts 100

15.1.2 Business Description 100

15.1.3 Key Product/Services Offerings 101

15.1.4 SWOT Analysis 102

15.1.5 Key Financials (2014-2018) 103

15.1.5.1 Revenue Split, by Region and Segment 104

15.1.6 Recent Developments 104

15.2 Fujifilm Holdings Corporation 105

15.2.1 Key Facts 105

15.2.2 Business Description 105

15.2.3 Key Product/Services Offerings 106

15.2.4 SWOT Analysis 107

15.2.5 Key Financials (2014-2018) 108

15.2.5.1 Revenue Split, by Region and Segment 109

15.2.6 Recent Developments 109

15.3 General Electric Company 110

15.3.1 Key Facts 110

15.3.2 Business Description 110

15.3.3 Key Product/Services Offerings 111

15.3.4 General Electric Growth Strategy 111

15.3.5 SWOT Analysis 112

15.3.6 Key Financials (2014-2018) 113

15.3.6.1 Revenue Split, by Region and Segment 114

15.3.7 Recent Developments 114

15.4 Koninklijke Philips N.V. 115

15.4.1 Key Facts 115

15.4.2 Business Description 115

15.4.3 Key Product/Services Offerings 116

15.4.4 SWOT Analysis 116

15.4.5 Key Financials (2014-2018) 117

15.4.5.1 Revenue Split, by Region and Segment 118

15.4.6 Recent Developments 118

15.4.7 Funding 119

15.5 Siemens Healthineers AG. 120

15.5.1 Key Facts 120

15.5.2 Business Description 120

15.5.3 Key Product/Services Offerings 121

15.5.4 SWOT Analysis 121

15.5.5 Key Financials (2015-2018) 122

15.5.5.1 Revenue Split, by Region and Segment 123

15.5.6 Recent Developments 123

15.6 Agfa-Gevaert NV 125

15.6.1 Key Facts 125

15.6.2 Business Description 125

15.6.3 Key Product/Services Offerings 126

15.6.4 SWOT Analysis 127

15.6.5 Key Financials (2014-2018) 128

15.6.5.1 Revenue Split, by Region and Segment 129

15.6.6 Recent Developments 129

15.7 Esaote S.p.A. 130

15.7.1 Key Facts 130

15.7.2 Business Description 130

15.7.3 Key Product/Services Offerings 131

15.7.4 SWOT Analysis 131

15.7.5 Recent Developments 132

15.8 Hitachi Healthcare Manufacturing, Ltd. 133

15.8.1 Key Facts 133

15.8.2 Business Description 133

15.8.3 Key Product/Services Offerings 133

15.8.4 SWOT Analysis 134

15.8.5 Recent Developments 135

15.9 Shimadzu Corporation 136

15.9.1 Key Facts 136

15.9.2 Business Description 136

15.9.3 Key Product/Services Offerings 137

15.9.4 SWOT Analysis 138

15.9.5 Key Financials (2014-2018) 139

15.9.5.1 Revenue Split, by Region and Segment 140

15.9.6 Recent Developments 140

15.10 Carestream Health, Inc. 142

15.10.1 Key Facts 142

15.10.2 Business Description 142

15.10.3 Key Product/Services Offerings 143

15.10.4 SWOT Analysis 144

15.10.5 Recent Developments 144

15.10.6 Funding 145FIG. 1 Scope of Europe Digital Radiography System Market Study 15

FIG. 2 Research Methodology for European Digital Radiography System Market study 16

FIG. 3 European Digital Radiography Systems Market by Value (US$ Million), 2018-2025 23

FIG. 4 European Digital Radiography Market Introduction 25

FIG. 5 Europe % of population over 65 years old by Country, 2017 26

FIG. 6 Number of people with diabetes in EU28, 2000 and 2017 27

FIG. 7 Europe % of Adult population with Diabetes by Country, 2017 28

FIG. 8 Estimated Incidence rate for all Cancers in Europe by country, 2018 29

FIG. 9 Simplified Structure of an Artificial Neural Network 31

FIG. 10 Simplified use of Artificial Intelligence (Cardiac Imaging) 32

FIG. 11 Value Chain of the European Digital Radiography Systems Market 37

FIG. 12 Upgradation of Modes of Radiography 39

FIG. 13 European Digital Radiography Systems Market Share by Technology, 2019 & 2025 (%) 40

FIG. 14 European Digital Radiography Systems Market by Technology, 2018-2025 (US$ Million) 40

FIG. 15 European Computed Radiography Market by Country, 2018-2025 (US$ Million) 41

FIG. 16 European Direct Digital Radiography Market by Country, 2018-2025 (US$ Million) 42

FIG. 17 Developments in Digital Radiography 43

FIG. 18 European Digital Radiography Systems Market Share by Equipment, 2019 & 2025 (%) 44

FIG. 19 European Digital Radiography Systems Market by Equipment, 2018-2025 (US$ Million) 44

FIG. 20 European Sensor Digital Radiography Equipment Market by Country, 2018-2025 (US$ Million) 45

FIG. 21 European Scintillators Digital Radiography Equipment Market by Country, 2018-2025 (US$ Million) 46

FIG. 22 European Phosphor Imaging Plate Radiography Equipment Market by Country, 2018-2025 (US$ Million) 47

FIG. 23 European Digital Radiography Systems Market Share by Portability, 2018 & 2025 (%) 48

FIG. 24 European Digital Radiography Systems Market by Portability, 2018-2025 (US$ Million) 48

FIG. 25 European Fixed Digital Radiography Equipment Market by Country, 2018-2025 (US$ Million) 49

FIG. 26 European Portable Digital Radiography Equipment Market by Country, 2018-2025 (US$ Million) 50

FIG. 27 European Digital Radiography Systems Market Share by Application, 2019 & 2025 (%) 51

FIG. 28 European Digital Radiography Systems Market by Application, 2018-2025 (US$ Million) 51

FIG. 29 European Digital Radiography Orthopaedics Applications Market by Country, 2018-2025 (US$ million) 52

FIG. 30 European Digital Radiography Dental Imaging Application Market by Country, 2018-2025 (US$ million) 54

FIG. 31 Cases of Breast Cancer in Females in Europe by age (years) 55

FIG. 32 European Digital Radiography Mammography Application Market by Country, 2018-2025 (US$ million) 55

FIG. 33 Number of Death Caused by Diseases of Circulatory System in Europe, by Country (2015) (Units) 56

FIG. 34 European Digital Radiography Cardiology Imaging Application Market, by Country 2018-2025 (US$ million) 57

FIG. 35 Number of Death Caused by Diseases of Respiratory System in Europe , by Country (Units), 2016 58

FIG. 36 European Digital Radiography Chest Imaging Application Market, by Country, 2018-2025 (US$ million) 58

FIG. 37 European Digital Radiography Fluoroscopy Application Market, by Country, 2018-2025 (US$ million) 59

FIG. 38 Incidence of Different Cancer in Europe by type (Units), 2016 60

FIG. 39 Number of Death Caused by Cancer in Europe (2015) by Country (Units) 60

FIG. 40 European Digital Radiography Oncology Application Market, by Country, 2018-2025 (US$ million) 61

FIG. 41 Incidence of Different Neurological Diseases in Europe by type (million), 2015 62

FIG. 42 European Digital Radiography Oncology Application Market, by Country, 2018-2025 (US$ million) 62

FIG. 43 European Digital Radiography Systems Market Share, by End-Users, 2019 & 2025 (%) 63

FIG. 44 European Digital Radiography Systems Market by End-Users (US$ Million) 63

FIG. 45 European Digital Radiography Hospitals End-User Market, by Country, 2018-2025 (US$ Million) 65

FIG. 46 European Digital Radiography Diagnostics Centres End-User Market, by Country, 2018-2025 (US$ Million) 66

FIG. 47 European Digital Radiography Other End-User Market, by Country, 2018-2025 (US$ Million) 67….….continued

 

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