The Atomic Energy (Radiation Protection) Rules, 2004 [AE(RP)R-2004], promulgated under the Atomic Energy Act, 1962, provides the legal framework for the safe handling of radiation generating equipment (in this context - X-ray equipment). As per Rule 3 of AE(RP)R-2004 it is mandatory for all the manufacturers/Suppliers/Users of x-ray equipment, to obtain requisite ‘Licence’ from AERB for carrying out any of the above activities. To facilitate online submission of applications for various regulatory consents, AERB has launched e-governance application e-LORA (e-Licensing of Radiation Applications) System. All the Manufacturers/Suppliers/Service Agencies and X-ray institutions are required to obtain all the requisite consents from AERB through e-LORA. Detailed guidelines for all the stakeholders are available on homepage of eLORA.
The article cited AMA's "Global Medical Digital Imaging Devices Market Study" explored CAGR of 5.69%. According to the report, Rising Trend for 3D Medical Imaging Equipment to Generate Visual Presentation is one of the primary growth factors for the market. Increasing Geriatric Population across the globe and Growing Development of Healthcare Infrastructure due to Increasing Healthcare Expenditure
is also expected to contribute significantly to the Medical Digital Imaging Devices market. Overall, General Radiography Application
applications of Medical Digital Imaging Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User , such as Hospitals, is boosting the Medical Digital Imaging Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Product Type, such as X-ray Devices (Stationary, Portable), is boosting the Medical Digital Imaging Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as 2D Imaging, is boosting the Medical Digital Imaging Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Medical Digital Imaging Devices market identified that the demand is rising in many different parts of the world as "Increasing Government and Private Medical Bodies Initiative for Developing Health Care Infrastructure
". Furthermore, some recent industry insights like "On May 14, 2019, a leading global health technology company "Royal Philips", has signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized diagnostic services through a network of community diagnostic centers, driving the best possible healthcare outcomes for patients. Rutherford Diagnostics is a subsidiary of Proton Partners International which operates diagnostic and cancer centers across the United Kingdom." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Medical Digital Imaging Devices market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Medical Digital Imaging Devices market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Medical Digital Imaging Devices market size is calculated using market estimation process, the Medical Digital Imaging Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Medical Digital Imaging Devices market size has been validated using both top-down and bottom-up approaches.