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Digital Radiology Market: Growth Trends, Opportunities, and Regional Outlook
The digital radiology market has been on an upward trajectory, driven by the digital transformation within healthcare. In 2023, the market size stood at approximately USD 3.8 billion, with projections indicating a rise to USD 5.04 billion by 2031. This steady growth, marked by a CAGR of 3.6% over the forecast period, reflects the increasing demand for digital imaging solutions, improved diagnostic accuracy, and the integration of advanced technologies such as artificial intelligence (AI) and machine learning into radiology practices. Key factors contributing to this expansion include technological advancements, a shift towards minimally invasive diagnostic procedures, and the growing need for efficient healthcare delivery.
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