DIGITAL RADIOGRAPHY MARKET ANALYSIS
Global Digital Radiography Market- Regional Insights
On the basis of region, the global digital radiography market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global digital radiography market over the forecast period, owing to presence of key players in the region such as Carestream Health, North Star Imaging, GE Healthcare, and Varex Imaging Corporation. These players are focused on strategic acquisitions to expand their market share. For instance, in April 2019, Varex Imaging Corporation acquired Direct Conversion, a Stockholm, Sweden-based manufacturer, and marketer of linear array digital detectors.
Among region, Asia Pacific is expected to witness growth in the global digital radiography market, owing to increasing health care expenditure to provide adequate and quality healthcare services in the region. For instance, in November 2018, MGM Healthcare Pvt. Ltd announced its plans to launch a new chain of hospitals, establishing 400-bed state-of-the-art medical institution, which is expected to drive growth of the digital radiography market owing to increasing need of X-ray equipment and imaging software in India.
Dominant region: North America
Fastest Growing Region: Asia Pacific
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