Market Trends of North America Digital X-ray Industry
This section covers the major market trends shaping the North America Digital X-Ray Market according to our research experts:
Portable Systems Segment is Expected to Witness Significant Growth Over the Forecast Period
Portable systems directly convert the transmitted X-ray radiation into a digital image using an array of solid-state detectors, such as amorphous selenium or silicon, and display the image directly on the computer. The digital X-ray emits very little radiation compared to analog (traditional) X-rays, making it highly safe. The images produced by the digital system are of high quality. They are produced immediately after the procedure, thus reducing the waiting time.
The main things that drive the segment are the growing use of portable digital X-ray systems and the rising number of cancer cases in North America. For instance, as per the American Cancer Society, "Cancer and Figures 2022", there will be an estimated 1.9 million new cancer cases diagnosed in 2022. Also, a report from the American Cancer Society said that in the United States in 2023, there would be about 1,958,310 new cases of cancer and 609,820 deaths from cancer. The same source also said that the number of people getting prostate cancer has gone up by 3.0% every year since the previous years. Since portable digital X-rays are one of the most important tools for finding cancer, more cases of cancer are likely to be good for the growth of the segment. Also, the launch of new products by the major players is expected to help the segment grow. For instance, in August 2020, Canon Medical launched the Solus 500 mobile digital X-ray system in the U.S. market. This new system offers enhanced ease of use, increased productivity, enhanced safety features, simplified detector charging, and increased storage capacity. Therefore, the launch of new advanced products may create new opportunities and increase the competitiveness of the market, thereby driving segment growth.
United States is Expected to Witness Considerable Growth Over the Forecast Period
The United States is expected to witness considerable growth in the overall digital X-ray devices market over the forecast period. The growth is due to things like a rapidly improving healthcare infrastructure, a rise in chronic diseases, and the fact that there are players in this region who are very good with technology.For instance, according to the GLOBOCAN 2020 report, 2,281,658 new cancer cases were diagnosed in the United States in 2020, with 612,390 fatalities. Therefore, increasing cases of cancer in the United States are expected to propel the demand for digital X-rays, thus surging market growth.
Key product launches, a high concentration of market players or manufacturers' presence, acquisitions and partnerships among major players, and increasing cases of chronic diseases in the United States are some of the factors driving the growth of the North American digital X-ray market in the country. For instance, in September 2021, GE Healthcare introduced the AMX Navigate, a new portable, digital X-ray system designed with a first-of-its-kind power-assisted Free Motion telescoping column that aims to reduce lift force by up to 70.0% and decrease technologist injury. Similarly, in May 2021, KA Imaging signed a distribution agreement in the United States with Alpha Imaging. Hospitals, medical facilities, and practices from 14 states have access to the Reveal 35C single-exposure, portable, digital dual-energy subtraction digital radiography (DR) X-ray detector through Alpha Imaging. Thus, due to the development of innovative solutions, the market is expected to experience tremendous growth in the country.
