The Digital X-ray Systems Market is projected to reach $13.29 billion by 2030, at a CAGR of 7.8% during the forecast period, says Meticulous Research®. Digital X-ray systems or digital radiography systems have widespread usage in the medical field for scanning specific parts or organs of the body. They produce less radiation than traditional X-ray devices and capture accurate and clearer images. Digital X-ray replaces the film or computed radiography (CR) plates with a direct digital transfer of X-ray images into the picture archiving and communication system (PACS). Digital X-ray systems are available both as fixed base room installations and mobile or portable systems.
The growth of this market is mainly attributed to the rising geriatric population, coupled with the growing burden of chronic diseases, the increasing adoption of teleradiology, and technological advancements leading to a higher preference for digital X-ray systems. Moreover, emerging economies and the increasing integration of Artificial Intelligence (AI) into digital X-ray systems offer significant opportunities for market growth.
Here are the top 10 companies operating in the Digital X-ray Systems Market
Siemens Healthineers AG (Germany)
Founded in 1847 and headquartered in Erlangen, Germany, Siemens Healthineers AG is a healthcare solutions and services company that develops, designs, produces, and distributes imaging systems, clinical and workflow systems and solutions, and systems for minimally invasive treatments. Siemens provides advanced therapeutic devices and products for image-guided interventional radiology, cardiology, and surgery.
The company operates through four reportable segments: Imaging, Diagnostics, Varian, and Advanced Therapies. Siemens Healthineers operates in the digital X-ray systems market through the Imaging segment and provides products, including digital systems, services, and solutions for X-ray, magnetic resonance, molecular imaging and ultrasound, and computed tomography.
The company offers digital X-ray systems to public and private healthcare providers such as clinics, laboratories, hospitals, joint medical practices/physicians, universities, and public health agencies. The company has a geographical presence in more than 70 countries. The company has production facilities and R&D sites in Europe, the Middle East & Africa, Asia, the U.S., Germany, China, India, and Australia.
As of September 2022, the company had a headcount of 69,500 employees. Some of its subsidiaries operating in the digital X-rays system market are Siemens Healthcare GmbH (Germany), Siemens Healthineers Holding I GmbH (Germany), Siemens Healthcare Oy, Espoo/Finland 100 (Finland), Siemens Healthineers Holding III GmbH, (Germany), Siemens Healthcare Diagnostics Ltd, Camberley, Surrey/United Kingdom (U.K.), and SIEMENS HEALTHCARE, S.L.U., Madrid/Spain 100 (Spain).
Koninklijke Philips N.V. (Netherlands)
The company operates through four business segments: Diagnosis & Treatment, Connected Care, Personal Health, and Other. The Diagnosis & Treatment segment is further sub-segmented into Diagnostic Imaging, Ultrasound, Enterprise Diagnostic Informatics, and Image Guided Therapy. The company operates in the digital X-ray market through the Diagnostic Imaging segment.
Philips has a geographical presence in North America, Western Europe, and other regions. The company has real estate, R&D sites, and manufacturing facilities in Europe, Asia, and the Americas. As of December 2022, the company had a headcount of 77,223 employees.
GE HealthCare Technologies Inc. (U.S.)
Founded in 1896 and headquartered in Illinois, U.S., GE HealthCare Technologies Inc. is a pharmaceutical diagnostics, medical technology, and digital solutions company that offers products, services, and complementary digital solutions for treating, diagnosing, and monitoring patients.
In January 2023, General Electric Company (U.S.) completed the separation of GE HealthCare Technologies Inc. (U.S.) from General Electric Company to focus on precision care. The company operates through four business segments: Imaging, Ultrasound, Patient Care Solutions (PCS), and Pharmaceutical Diagnostics (PDx).
GE HealthCare operates in the digital X-ray systems market through its Imaging segment by providing digital solutions, scanning devices, clinical applications, and services. The company’s Imaging segment includes six product categories and services, which include Molecular Imaging (MI), Magnetic Resonance (MR), Computed Tomography (CT), Image-Guided Therapies, Women’s Health (WH), and X-ray.
The company maintains a direct presence in more than 160 countries. It operates through 43 manufacturing sites situated across 17 countries and has R&D sites in 18 countries, including the U.S., Canada, China, France, Germany, the U.K., Israel, India, Brazil, Mexico, Sweden, Denmark, Austria, Germany, France, Norway, Japan, Ireland, and South Korea.
As of December 2022, the company had a headcount of 50,000 employees. Some of its subsidiaries operating in the digital X-ray systems market are GE Healthcare (AB) (U.K.), GE Healthcare (Pty) Ltd (South Africa), GE Healthcare A/S (Denmark), GE Healthcare AG (Switzerland), GE Healthcare (Shanghai) Co Ltd (China), GE Healthcare Buchler GmbH (Germany), and GE Healthcare B.V. (Netherlands).
Canon Inc. (Japan)
Founded in 1937 and headquartered in Tokyo, Japan, Canon Inc. is a technology company that manufactures laser printers, office multi-function devices (MFDs), inkjet printers, cameras, medical equipment, and lithography equipment. The company operates through four business units: Printing, Imaging, Medical, and Industrial. Canon operates in the digital X-ray systems market through its Medical Business Unit segment by providing radiography and X-ray systems.
The company has a geographical presence in the Americas, Japan, Europe, Asia, and Oceania and has a total of 57 manufacturing sites, offices, and R&D facilities across these regions.
As of December 2022, the company had a headcount of 180,775 employees. Some of its subsidiaries operating in the digital X-ray systems market are Canon Medical Systems Corporation (Japan), Canon (U.K.) Ltd (U.K.), Canon France S.A.S. (France), Canon Medical Systems USA, Inc. (U.S.), Canon Canada Inc. (Canada), Canon Vietnam Co., Ltd (Vietnam), and Canon Components, Inc. (Japan).
Shimadzu Corporation (Japan)
Founded in 1875 and headquartered in Kyoto, Japan, Shimadzu Corporation manufactures and provides industrial machinery, measuring instruments, and aircraft equipment. The company operates through four business segments: Analytical & Measuring Instruments, Medical Systems, Aircraft Equipment, and Industrial Machinery. Shimadzu operates in the digital X-ray systems market through its Medical Systems segment by providing fluoroscopy, mobile, and general radiographic systems.
The company has a geographical presence in the U.S., China, Japan, Europe, Singapore, and other Asian countries. Its extensive network comprises innovation centers, 13 R&D facilities, 13 manufacturing facilities (5 in Japan and 8 globally), and 25 sales & service facilities.
As of March 2022, the company had a headcount of 13,499 employees. Some of its subsidiaries operating in the digital X-ray systems market are Shimadzu Europa GmbH (Germany), Shimadzu (China) Co., Ltd. (China), Shimadzu Medical Systems USA (U.S.), and Shimadzu Scientific Instruments, Inc. (U.S.).
Carestream Health, Inc. (U.S.)
Formed in 2007 and headquartered in New York, U.S., Carestream Health, Inc. provides X-ray imaging systems for non-destructive testing, medical imaging systems, and precision contract coating services. The company develops and sells products to various medical, electronic, industrial, and other sectors. Carestream operates in the digital X-ray systems market by providing medical imaging systems, digital X-ray detectors, software, and systems.
The company provides precision contract coating services, specializing in applying aqueous and solvent coatings on flexible substrates for a wide range of electronic, industrial, medical, and other advanced materials applications.
The company has a geographical presence across Africa, Asia-Pacific, Europe, the Middle East, North America, South America, and Gulf Cooperation Council (GCC). As of the financial year 2022, the company had a headcount of 3,300 employees.
Meticulous Research in its latest publication on Digital X-ray Systems Market has predicted the growth of 7.8 % during the forecast year 2023-2030.
Hologic, Inc. (U.S.)
Founded in 1985 and headquartered in Massachusetts, U.S., Hologic, Inc. is a medical technology company that develops, manufactures, and supplies medical imaging systems, diagnostics products, and surgical products. Hologic offers its products and solutions to clinical laboratories, hospitals, surgeons, and healthcare providers. The company operates through four business segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. Hologic operates in the digital X-ray systems market through its Breast Health segment and Skeletal Health segment by providing dual-energy X-ray systems, mammography solutions, breast biopsy, and surgery products.
The company has a geographical presence in the U.K., Costa Rica, the U.S., Europe, Asia-Pacific, and other countries through manufacturing facilities and sales & service offices. As of September 2022, the company had a headcount of 6,944 employees. Some of the subsidiaries operating in the digital X-ray systems market are Hologic Canada ULC (Canada), Hologic (Hainan) Medical Co., Ltd. (China), Hologic Deutschland GmbH (Germany), Hologic IP LTD (U.K.), Hologic Medical Technologies (Beijing) Co., Ltd. (China), Hologic Medicor GmbH (Germany), and Hologic Medicor Suisse GmbH (Switzerland).
Samsung Medison Co., Ltd (South Korea)
Founded in 1985 and headquartered in Seoul, South Korea, Samsung Medison Co., Ltd is medical equipment company that manufactures diagnostic ultrasound systems for various medical applications. The company integrates image processing, IT, semiconductor, and communication technologies into ultrasound systems for efficient diagnosis in various medical fields. The company operates in the digital X-ray systems market by providing digital X-ray software, fixed digital X-ray systems, and portable digital X-ray systems.
The company has a geographical presence across Europe, North America, Latin America, South East/Asia, Middle East/Africa, and the Commonwealth of Independent States (CIS). As of December 2022, the company had a headcount of 121,231 employees. Some of its subsidiaries operating in the digital X-ray systems market are Samsung Medison Japan Co., Ltd. (Japan), Medison Systems India Private LTD. (India), Medison Medical Equipment Shanghai Co., Ltd. (China), and Samsung Medison Brasil Ltda. (Brazil).
Agfa-Gevaert NV (Belgium)
Founded in 1867 and headquartered in Mortsel, Belgium, Agfa-Gevaert NV is an imaging technology company focused on developing, manufacturing, and marketing analog and digital systems for industrial applications and the healthcare sector. The company operates through four business segments: HealthCare IT, Digital Print & Chemicals, Radiology Solutions, and Offset Solutions. Agfa-Gevaert operates in the digital X-ray systems market through its Radiology Solutions segment by offering digital radiography equipment, traditional X-ray film, printers, hardcopy film, and image processing software.
The company has a geographical presence in over 40 countries, including the U.S., Canada, Germany, Austria, China, Brazil, Italy, and Israel, through its network of research & production centers and manufacturing sites. As of December 2022, the company had a headcount of 6,936 employees. Some of its subsidiaries operating in the digital X-ray systems market are Agfa HealthCare Australia Pty. Ltd. (Australia), Agfa HealthCare Chile Ltda. (Chile), Agfa HealthCare Germany GmbH (Germany), Agfa HealthCare India Private Ltd. (India), Agfa HealthCare Denmark A/S (Denmark), Agfa HealthCare Sweden AB (Sweden), Agfa HealthCare Inc. (Canada), and Agfa HealthCare UK Limited (U.K.).
FUJIFILM Holdings Corporation (Japan)
Established in 1934 and headquartered in Tokyo, Japan, FUJIFILM Holdings Corporation designs, manufacture, and markets healthcare solutions, imaging solutions, imaging systems, and document solutions. The company operates through four business segments: Healthcare, Business Innovation, Imaging, and Materials. FUJIFILM operates in the digital X-ray systems market through its Medical Systems segment (a subsegment of the Healthcare segment) by offering X-ray diagnostic imaging, medical IT systems, endoscopes, ultrasound, and in-vitro diagnostic (IVD) equipment.
The company has manufacturing facilities in the U.S., Denmark, China, Southeast Asia, and the U.K., and office locations in North America, Latin America, Europe, the Middle East, Africa, Asia, and Oceania. As of March 2022, the company had a headcount of 75,474 employees and 280 consolidated subsidiaries, and some of the subsidiaries operating in the digital X-ray systems market are FUJIFILM Corporation (Japan) and FUJIFILM Business Innovation Corp. (Japan).
Konica Minolta, Inc. (Japan)
Founded in 1873 and headquartered in Tokyo, Japan, Konica Minolta, Inc. offers multi-functional peripherals (MFPs), printers, equipment for production print systems and graphic arts, equipment for healthcare systems, measuring instruments for industrial and healthcare applications, inkjet print heads and textile printers for industrial use, and associated consumables and services. The company operates through four reportable segments: Digital Workplace Business, Professional Print Business, Healthcare Business, and Industry Business. Konica operates in the digital X-ray systems market through its Healthcare business segment by providing digital X-ray diagnostic imaging systems, digital X-ray detectors, and digital radiography (DR) systems.
Through its wide distribution network, the company has a geographical presence across Japan, the U.S., Europe, China, and other countries. As of March 2022, the company had 166 consolidated subsidiaries and a headcount of 39,775 employees. Some of its subsidiaries operating in the digital X-ray systems market are Konica Minolta Healthcare Americas, Inc. (U.S.), Konica Minolta Medical Imaging U.S.A., Inc. (U.S.), and Konica Minolta Healthcare India Pvt Ltd. (India).
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
Founded in 1991 and headquartered in Shenzhen, China, Mindray Bio-Medical Electronics Co., Ltd. provides a wide range of medical devices and IT ecosystem solutions. The company operates through five segments: Patient Monitoring & Life Support, In-Vitro Diagnostics, Medical Imaging, Other Products, and Others. The Medical Imaging business is further segmented into ultrasound diagnostic systems, PACS, and digital X-ray imaging systems. The company operates in the digital X-ray systems market through the Medical Imaging segment by providing digital X-ray systems. The company offers a full range of high-end and low-end digital X-ray systems to hospitals, clinics, and imaging centers, as well as dedicated solutions for different clinical applications of liver fibrosis, obstetrics, anesthesia, radiology, critical care, and gynecology.
The company has branches in more than 30 provinces and autonomous regions in China; and subsidiaries in more than 30 countries globally. It has 52 subsidiaries in North America, Europe, Asia, Africa, Latin America, and other regions, and its products are exported to more than 190 countries and regions. The company has established strategic partnerships with medical institutions in the U.S., the U.K., Italy, Spain, Germany, and France.
Authoritative Research on the Digital X-ray Systems Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.