Tech expert outlines main market trends in digital radiography

31st July 2023 – Bhvita Jani – Featured on auntminnieeurope.com

2022 was somewhat challenging for vendors of fixed digital radiography (DR) systems, with market expansion impeded by inflationary pressure, stretched healthcare budgets, and increased average selling prices. However, this has set the stage for a strong rebound in 2023, with the fixed DR market predicted to grow by 8.8%, reaching $1.3 billion (1.2 billion euros).

According to Signify Research’s “2023 General Radiography & Fluoroscopy report,” the market outlook from 2022 to 2027 is more favorable for fixed DR than mobile DR systems, pacing at a revenue compound annual growth rate (CAGR) of 7.2%. However, the pandemic-related surge in demand for mobile DR systems in 2020 and 2021 will continue to impact the market in the coming years, with orders and replacement cycles brought forward, limiting the market outlook to a CAGR of 3.5%.