The X-ray market is expecting to create ripples throughout the forecast period of 2019-2027 as chronic diseases continue to rise and the advent of a global pandemic like COVID-19 is pushing the growth rate of the X-ray market toward the peak. A change in the dynamics of the market has prompted radiologists to gradually shift and embrace new technologies for better diagnosis. Revolutionary developments across various applications such as dental, cardiovascular, respiratory, and mammography are steering the X-ray market in the direction of growth. The end-users of the X-ray market include diagnostic centers, research centers, hospitals, clinics, and ambulatory surgical centers.
Developments Gaining Traction in the X-Ray Market for Diagnosing COVID-19 at Rapid Rate
The novel coronavirus pandemic is spreading the venom of infection across various regions of the globe. As no vaccine is available for SARS-CoV-2 as of now, early detection and isolation are the keys to recover from the disease. This is where X-rays can play an important role. The advent of artificial intelligence (AI) in the X-ray sector is making inroads for the development of new technologies that assist in better diagnosis. As there is an acute shortage of testing kits across some regions, X-rays loaded with AI can prove to be a boon for early COVID-19 detection. Therefore, the X-ray market can bank greatly on this aspect.
The AikenistQuickDiag COVID-19 AI solution is a classic instance of adopting AI technologies. Aikenist, an Indian startup has come up with the cutting-edge AI solution, that’s cloud-based and is compatible with all types of digital X-rays and scanning machines. X-ray and CT-scan images are forwarded on the cloud services which are shared with healthcare professionals to enable them for deciding the future course of action. This will enable pre-screening of the public before they venture for COVID-19 tests, which can drastically reduce the load on healthcare professionals.
Another development that could benefit the X-ray market in the time of COVID-19 pandemic for its early detection technology is a portable dual-energy X-ray detector. KA imaging, a waterloo-based startup, has developed this X-ray detector that provides detailed and clearer images of both soft tissue and the bone. This detector enables clearer visualization of lungs, which are a crucial part of the treatment and diagnosis of COVID-19. The detector can also examine whether a particular patient needs to be on a ventilator or just needs more oxygen. The X-ray detector is battery operated, mobile, and Wi-Fi compatible. Therefore, this technology is portable and not limited just to an X-ray room.
Two Dutch firms Delft Imaging and Thironahave developed a software to scrutinize pulmonary X-ray images for tissue damage on the lungs. The damage, ranked on a scale of 0 to 100, predicts whether COVID-19 has caused the damage or not. Such developments are proof of how AI is shaping the X-ray market positively.
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Innovative Methods Sprouting Up
In addition to AI, other innovative methods are also looked into for the detection of the novel coronavirus through X-ray. Researchers from the Technical University of Munich have developed a method known as dark-field imaging which could detect abnormalities. These methods can help in the detection of a large patient base within a short period. In addition, this novel technology exposes to a relatively lower radiation dose as compared to computed tomography. The development of such technologies will eventually lead to an increase in COVID-19 testing and quick isolation, resulting in the flattening of the curve. Quick approvals for novel X-ray technologies from regulating agencies such as BundesamtfürStrahlenschutz (Federal Office for Radiation Protection) will also benefit the X-ray market to a great extent.