The global digital radiography market is projected to reach USD 2,9 billion by the end of 2026 and is set to gain significant momentum from recent technological advancements. According to a Digital Radiography Market Size, Share and Global Trends report published by Fortune Business Insights, the market is likely to expand at a rate of 5% CAGR due to developments made in the field of medical X-Ray technology.
This market is expected to generate higher demand on account of high-quality image acquisition in short duration by digital detectors and reduced radiation exposure as compared to analogue systems. This, along with the introduction of new lightweight and wireless flat panel detectors, is expected to drive the global digital radiography market growth during 2019-2026.
3 Tech Trends to Look Out For in 2020
In the past few years, information technology and digital solutions have exploded in the Radiology industry. Because non-invasive early disease detection saves so many lives, investment in this technology continues to increase. In this blog, Glenmed brings you some of the trends to watch out for in radiology.
Tech Trend #1: Artificial Intelligence
Artificial intelligence (AI) is the new focus in many industries and medicine is no different. It has become quite important in recent years, and that’s a trend that will continue. The medical imaging market is projected to reach the value of $264.85 billion by 2026, according to Data Bridge Market Research’s April 2019 report, with hundreds of AI technology solutions being developed for the medical imaging market.
AI has the potential to revolutionise the medical imaging industry. For instance, Google’s DeepMind can read 3D retinal OCT scans and diagnose 50 different ophthalmic conditions with 99% accuracy. iCAD developed an AI-powered solution for digital breast tomosynthesis, which helps radiologists to view each tissue layer independently and thereby detect cancer earlier (by 8%). This reduces radiologists’ time spent reading breast scans by more than 50% on average.
Tech Trend #2: Wearables
Wearable medical devices are not only a top healthcare trend this year, but they are also slated to revolutionise diagnostic imaging beyond 2019. In Radiology specifically, devices like the MEG wearable brain scanner can make a huge impact in terms of how patients are analysed and diagnosed. Many of these smaller, cost-friendly devices can provide as much information — if not more — than the most expensive machinery out there.
Tech Trend #3: Mobile
Applications and mobile solutions in medical imaging are few and far between, for now. Expect that to change completely over the coming years, as mobile technology will have a huge impact on diagnostics, imaging and patient engagement.
Beyond that, mobile is an incredibly lucrative platform that offers always-on and anywhere access. Watch this space.
Beyond trends, the average role of the radiologist will continue to increase.
These health representatives will have much more value and can be involved in a greater capacity. Radiologists can be involved with a patient’s care team not just for longer stretches but also in a more influential way.
The radiology field is rapidly changing for the better, engagement will be improved, new treatments will become available, and processes and operations will be brought into the modern age. The way in which field professionals support their patients will become more accurate and streamlined than ever before.
Glenmed is Your Partner in Cutting-Edge Medical Technology