March 22, 2016, LONDON--(BUSINESS WIRE) -- According to the latest market study released by Technavio, the digital X-ray system market in the US is projected to grow from USD 1.38 billion in 2014 to USD 2.48 billion by 2019, growing at CAGR of 12.48%.
This research report titled ‘Digital X-ray System Market in the US 2015-2019’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
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The report categorizes the digital X-ray system market in the US into the following application segments: interventional X-ray, mammography, fluoroscopy, dental X-ray, general radiography, veterinary X-ray, and mobile C-arm. Of these seven applications, the top three segments are as follows:
Interventional X-ray
Mammography
Fluoroscopy
Market size and forecast of interventional X-ray
In 2014, the interventional digital X-ray segment contributed 33.8% of the total digital X-ray market in the US. The market was valued at USD 0.465 billion in 2014 and is expected to reach USD 0.875 billion by 2019, growing at CAGR of 13.47%.
According to Barath Palada, a lead analyst at Technavio for medical imaging, “Interventional X-ray refers to surgical imaging and includes cardiac, vascular, and neuro procedures. It helps in treating patients using minimal invasion techniques to reduce risks and provide better results. It is mostly used in cardiovascular procedures, especially angioplasty. Using this technique, radiologists can treat patients non-surgically, thus reducing waiting time, hospital stay, and recovery time.”
Market size and forecast of mammography
The radiographic examination of breasts utilizing low-dose X-rays is called mammography. A mammogram is used in the early detection of breast diseases or cancers and can show early changes in breasts up to two years before the patient or physician can palpate them. In 2014, the mammography digital X-ray segment contributed 19.8% of the total digital X-ray market in the US.
“In the US, departments such as health and human services and organizations such as the American Community Survey and American College of Radiology have recommended that from the age of 40 years, every woman should undergo mammography screening,” says Barath.
Market size and forecast of fluoroscopy
The technique that allows physicians and radiologists to obtain or create moving X-ray images of the internal structures of patients is known as fluoroscopy. It is an effective tool used for obtaining high-quality images with multi-functionality. This technique comprises a continuous series of images captured at the rate of 25-30 images per second. It is commonly used for interventional and diagnostic procedures such as barium X-rays and enemas to view the GI tract, for direct replacement of catheters during angioplasty, to visualize blood flow to organs, and in orthopedic surgeries to view fractures.
