Digital radiology, also known as digital X-ray, is a technology that uses digital sensors to capture and store medical images. This technology has revolutionized the way medical imaging is done, allowing for faster and more accurate diagnosis of various medical conditions. A phosphor imaging plate is used in the computed radiography process to produce a digital image. Like analogue film, CR utilises a cassette-based technology. The photos are automatically transferred to a computer using the DR technology.

The digital radiology market was estimated at US$ 4.06 billion in 2021 and is expected to grow at a CAGR of 6.93% during 2022-2028 to reach US$ 6.51 billion in 2028.

One of the key drivers of the digital radiology market is the increasing prevalence of chronic diseases, such as cancer, cardiovascular diseases, and respiratory diseases. These conditions require frequent medical imaging for diagnosis and monitoring, leading to a growing demand for digital radiology. In addition, the aging population is also contributing to the growth of the market, as elderly people are more prone to chronic diseases and require more frequent medical imaging.

Another driver of the digital radiology market is the increasing adoption of picture archiving and communication systems (PACS) and radiology information systems (RIS) in healthcare facilities. These systems allow for the storage and sharing of medical images and patient information, making it easier for healthcare professionals to access and analyze patient data. As a result, the demand for digital radiology systems that can integrate with these systems is increasing.

Advancements in technology are also driving the growth of the digital radiology market. For example, the development of portable X-ray machines has made medical imaging more accessible in remote and underserved areas. In addition, the use of artificial intelligence (AI) and machine learning algorithms is improving the accuracy and efficiency of medical imaging, allowing for faster and more accurate diagnosis of various medical conditions.

However, the high cost of digital radiology systems and the lack of skilled professionals to operate these systems are some of the factors that are hindering the growth of the market. In addition, concerns about patient privacy and data security are also limiting the adoption of digital radiology systems in some regions.

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The digital radiology market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The biggest market share is held by Asia-Pacific. The ageing population, especially in Japan, rising disposable incomes that make cutting-edge technology more accessible, and an increase in the prevalence of target diseases will all drive growth in the APAC region market.

The rising costs of healthcare in emerging Asian-Pacific economies like China and India is driving up demand worldwide. Additionally, there is a growing elderly population in many parts of the world, thereby driving growth.

In conclusion, the digital radiology market is poised for significant growth in the coming years, driven by the increasing prevalence of chronic diseases, the adoption of PACS and RIS systems, advancements in technology, and the aging population. However, challenges such as the high cost of digital radiology systems and the lack of skilled professionals to operate these systems need to be addressed to unlock the full potential of this market.