The Industrial Computed Radiography Market size is estimated at USD 409.87 million in 2024, and is expected to reach USD 573 million by 2029, growing at a CAGR of 6.93% during the forecast period (2024-2029).
Computed radiography technology offers enormous advantages for inspection tasks, and the use of consumables is virtually eliminated, further reducing the time to produce an image. These factors are expected to increase market adoption.
The intensity of competitive rivalry in the market studied is high during the forecast period. With the technological developments in the radiography market, the vendors and end-users are expected to shift towards the new technology. Hence, the existing players are innovating their products to maintain their market share. Also, many companies view geographical expansion as a path to gaining market traction.
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