September 14, 2016 LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global digital X-ray systems market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

Barath Palada, a lead analyst from Technavio specializing in research on medical imaging sector, says, “The global digital X-ray systems market is expected to grow at a CAGR of more than 13% during the forecast period. This is owing to various factors such as increasing incidence of diseases along with the advantages of digital X-ray systems. Digital X-ray systems offer benefits such as improved image quality, less processing speed, and reduced radiation dosage all of which help drive the growth of the market.”

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The top three emerging trends driving the global digital x-ray systems market according to Technavio healthcare and life sciences research analysts are:

Reduction in reimbursements for film-based X-rays and CR
New product launches coupled with technological advances
Emergence of portable digital X-ray systems
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Reduction in reimbursements for film-based X-rays and CR

The market has witnessed a reduction in reimbursements for film-based X-rays and computed radiography (CR), which will fuel the market for digital X-ray systems. This is a clear indication to incentivize the transition from traditional X-ray imaging to digital X-ray systems. With such acts in the market, the vendors are seeking to adopt digital X-ray systems to gain cost advantages. For instance, in May 2016, Agfa HealthCare launched a digital radiography (DR) upgrade program, which provides a quick transition from traditional film-based X-ray systems to digital X-ray systems. The company provides hospitals a step-by-step guidance to transition to the DR even in the absence of immediate capital.

New product launches coupled with technological advances

The new products featuring advanced technologies will substantially drive the market. The advances in technology of radiographic systems used in routine examinations (chest, neck/spine, and limbs), specialty services (dental and mammography), and emergency services (ICU, neonatal ICU, and hospital wards) have resulted in the development of new radiation sources and technologies by using neutrons and X-rays. The advance from analog to digital X-rays has led to the development of many applications and radiation-based imaging techniques. The introduction of flat panel CR in X-ray machines has increased their efficiency and imaging quality. Digital imaging has revolutionized the imaging industry by replacing conventional film-based radiography that uses X-rays/neutrons. Images can be stored in electronic format, which can then be enhanced to achieve optimum results. In addition, reducing the radiation dose and using high-sensitivity plates enhances the sharpness and resolution of the images.

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