Digital X-Ray Devices Market

The continuous increase in fractures and bone injuries are expediting the demand for Digital X-ray Devices worldwide

PIVOTALITY OF THE DIGITAL X-RAY DEVICES

Digital X-ray devices are defined as those systems that use digital x-ray sensors to capture images. It uses a combination of hardware and software to provide detailed images. The high-quality sensors that are present in the system immediately process the pictures & transmit them to a monitor in a matter of just a few seconds.

This gives the doctor a clear-cut idea of what is happening inside the patient’s body. The major advantages that are associated with digital imaging are its easy accessibility and cost-effectiveness. In 2020 the Digital X-Ray Devices Market share was USD 10.2 Bn. By 2030, the market is anticipated to reach a benchmark of around USD 22.22 Bn with a CAGR of around 8.1% throughout the forecasted period.

Based on Region, North America significantly dominated the Digital X-Ray Devices Market’s share on a global basis and will continue its sheer domination during the estimated time period.

In contrast, the Asia Pacific (APAC) region is growing at a significant rate during the forecasted period. An increase in disposable income and a huge rise in the number of chronic diseases, especially in Japan, are widely contributing to this segment’s growth.

MAJOR FACTORS THAT ARE RESPONSIBLE FOR THE AUGMENTATION OF THE DIGITAL X-RAY DEVICES:

The continuous rise in the cases of fractures and bone injuries are the major factors that are fuelling the need for these devices across the globe. According to the National Library of Medicine:

  • The biggest problem associated with bone disease, especially osteoporosis, is fractures, which are the most common cause found in orthopedic patients. Approximately 10 Mn individuals aged over 50 in the United States suffer from osteoporosis of the hip. Additionally, 33.6 Mn individuals around the world who are over the age of 50 suffer from low bone mass and thus are highly prone to osteoporosis & the potential complications that are associated with it in later life.

 

  • Each year, around 1.5 Mn individuals suffer a fracture due to bone diseases. The risk of a fracture increases along with age, and these are more prevalent in women. Roughly 4 out of 10 White women aged 50 years or older in the United States is likely to experience a hip, wrist or spine fracture in due course of their lives.
  • Much less is known regarding the frequency of occurrence of other skeletal diseases due to underreporting and underdiagnosis. So far, it has been reported that an estimated 1 Mn individuals in the United States are suffering from Paget’s disease, while roughly around 20,000 to 50,000 Americans suffer due to Osteogenesis imperfecta (OI).

Moreover, nowadays, governments from all across the world are focusing more on the development of healthcare facilities. Hence they are investing a substantial amount of funding for the rapid development of the various healthcare technologies, which is likely to provide ample opportunities in the future for market growth.

Thus, it can be concluded the improvisation of the various healthcare technologies will help the surgeons in future to perform their X-ray screenings and operations accurately, which will highly expedite the growth of the Digital X-Ray Devices Market in future.

 

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