Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Spinal X-Ray and CT Market To Reach $1,602 Million by 2030, says P&S Intelligence

Published

on

 

According to the market research report published by P&S Intelligence, the spinal X-ray and CT market was valued at $917.9 million in 2021, which is likely to hit $1,602.0 million by 2030, prospering at a 6.4% CAGR during 2021–2030. The growing occurrence of spinal injuries, developments in radiological technologies, increasing elderly population, and emergence of AI in medical tomography are advancing the growth of the market.

The hospitals and clinics category had an over 50% revenue share in the spinal X-ray and CT market in 2021. A large number of patients prefer hospitals over any other medical facility, making them the main diagnosis site for injuries and fractures of the spine, particularly in developing countries. Moreover, hospitals are snowballing their outlay to get their hands on innovative radiological technologies, with the purpose of offering precise results.

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/spinal-x-ray-ct-market/report-sample

Key Findings of Spinal X-ray and CT Market Report

  • CT devices held the major share of the revenue in the market in 2021. This is because CT scans can produce pictures that can be reformatted in numerous planes and also create a 3D image.
  • AI-enabled X-ray and CT software demand is likely to observe the fastest growth in the near future. This will be because of the progressions in the medical imaging field and the continuous demand for high-quality and cost-effective CTs and X-rays in quick time.
  • The revenue share of the North American spinal X-ray and CT market, of over 40%, was the largest in 2021. This is ascribed chiefly to the developments in the healthcare know-how, attributed to the investment-backed R&D, and the accessibility of an increasing number of CT and X-ray devices.
  • The region with the fastest growth forecast is APAC, as the developing economies here are seeing momentous progressions in radiological technology, accompanied by developments in the healthcare structure.
  • The rising frequency of spinal injuries is one of the main factors that is driving the industry. Furthermore, the elderly population is more susceptible to spinal injuries owing to their lower bone concentration.
  • The indication category likely to witness the fastest growth in the near future is spinal tumor, with more than 7% CAGR. This is credited to the growing cases of spinal cancer globally, which is pushing the need for fast and effective imaging and treatment.

Browse detailed report on Global Spinal X-Ray and CT Market Trends, Business Strategies, Regional Outlook and Analysis Through 2030

The advent of local companies in LAMEA and APAC, along with the vast growth prospects in emergent economies, offer a lucrative potential for the worldwide spinal X-ray and CT market advance. Emerging economies, for instance, IndiaChinaBrazil, and Mexico, have a large number of inhabitants with vertebral fractures and spinal injuries. This tends to surge the volume of CT scans and X-rays, thus leading to the growth of the industry.

Future evolution in CT and X-ray systems is likely to be influenced by improved features, such as high speed and less radiation exposure. The stalwarts of the industry have been aggressively engaged in product introductions with the aim of strengthening their portfolios and achieving a larger market share. For example, GE Healthcare publicized its plans to introduce the next-gen Revolution Aspire CT scanner in India in August 2022.

Spinal X-Ray and CT Market Segmentation Analysis

By Indication

  • Spinal Tumor
  • Spinal Fracture
  • Spinal Infection

By Product

  • X-Ray Devices
  • CT Devices
  • AI-Enabled X-Ray and CT Software

By Patient Type

  • Adults
  • Pediatrics and Neonates

By End User

  • Hospitals and Clinics
  • Diagnostic Imaging Centers

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • U.K.
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America and Middle East & Africa
    • Brazil
    • Mexico
    • South Africa

Browse More Related Reports

Global Dental X-Ray Market Growth Forecast Report

Global X-Ray Imaging Market Growth Forecast Report

Global Diagnostic Imaging Systems Market Growth Forecast Report

Global In Vitro Diagnostic Market Growth Forecast Report

Artificial Intelligence

Dongfa Group’s Gas Scenario + Digital Twin Technology, Leads the Industry with New AI Trend

Published

on

dongfa-group’s-gas-scenario-+-digital-twin-technology,-leads-the-industry-with-new-ai-trend

–Highlights of the 2024 Exhibition
SHANGHAI, May 23, 2024 /PRNewswire/ — From May 17 to 19, 2024, China(Shanghai) International Metrology Measurement Technology and Equipment Exhibition was held at the Shanghai World Expo Exhibition and Convention Center. Dongfa Group participated in the exhibition, showcasing its latest research achievements. At the expo, Chairman Liu Ming of Dongfa Group conducted the lighting ceremony and announced the official launch of the “Smart Gas Comprehensive Supervision Platform,” demonstrating the convenience and efficiency achieved through the smart management of municipal gas meters.

Dandong Dongfa (Group) Co., Ltd., established in 1962 and headquartered in Singapore, was formerly known as Dandong Thermal Instrument Co., Ltd. As an integrated group company engaged in research, production, and operations, Dongfa Group is dedicated to the development and application of instruments and meters. Its product range includes IC card gas meters, wired direct-reading remote diaphragm gas meters, wireless direct-reading remote diaphragm gas meters, NB-IoT IoT meters, and ultrasonic gas meters. These products incorporate the technical features of similar domestic and international products, offering high accuracy, reliability, and stability, making the company a leading smart gas meter manufacturer in China.
At the expo, Dongfa Group showcased its Smart Gas Comprehensive Supervision Platform, which integrates AI, IoT, cloud computing, and big data. This platform connects the topological structure of all aspects of gas operations and consolidates all relevant data involved in production management and operation maintenance. This integration enhances the comprehensive research and development and operational maintenance capabilities of the big data governance system.
At the same time, Dongfa Group is empowering comprehensive management and control with digital twins, AI, and big data. By leveraging digital twins, AI models, and 5G technology as data elements, the company is constructing a unified citywide network and a digital twin map of the gas pipeline network. This enables deep integration of AI monitoring, pressure and leakage detection, smart terminals, and other sensing devices with gas operations, ensuring the comprehensive safety and supply of urban gas.
Digital twin gas technology not only provides auxiliary support for pipeline design, but also plays a crucial role in intelligent emergency response and precise distribution. Especially in the operation of gas stations, it enables comprehensive real-time monitoring, intelligent integrated operation scheduling, proactive warning, emergency event command plans, and other effects, thereby improving the efficiency and safety of gas management.
However, there have been numerous incidents of data leakage involving smart AI devices in recent years. Sensitive data is being collected or even sold by malicious actors, leading to the disclosure of confidential information, resulting in significant economic losses and even legal risks.
To ensure the security of both enterprise and user data, Dongfa Group utilizes Digital Envelope technology to encrypt and decrypt data packets during data collection and distribution. This approach combines the advantages of both symmetric and asymmetric encryption technologies for secure information transmission, enabling fast, efficient, and secure encryption and decryption processing for the smart gas digital business sector. This ensures the security and integrity of data during transmission.
Visitors at the expo showed strong interest in the new products and technologies exhibited by Dongfa Group. Dongfa Group has always been committed to driving the development of the smart instrumentation industry through technological innovation. Through this exhibition, the company not only showcased its technical prowess but also strengthened communication and collaboration with industry peers. Looking ahead, they aim to join hands in opening a new chapter in the smart instrumentation industry.
Photo – https://mma.prnewswire.com/media/2420352/Dongfa_Group_s_Gas_Scenario___Digital_Twin_Technology__Leads_the_Industry_with_New_AI_Trend.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/dongfa-groups-gas-scenario–digital-twin-technology-leads-the-industry-with-new-ai-trend-302153974.html

Continue Reading

Artificial Intelligence

QNAP S3-compatible Storage Solution “QuObjects” Certified as Veeam® Ready – Object with Immutability

Published

on

qnap-s3-compatible-storage-solution-“quobjects”-certified-as-veeam-ready-–-object-with-immutability

TAIPEI, May 23, 2024 /PRNewswire/ — QNAP® Systems, Inc., a leading computing, networking, and storage solution innovator, today announced that its S3-compatible object storage solution “QuObjects” has qualified as Veeam® Ready – Object with Immutability, applicable for QNAP NAS with QTS and QuTS hero operating systems. This certification underscores the reliability of QuObjects as a secure object backup solution for enterprises, enhancing data management efficiency and upmost security.

QuObjects is the S3 object storage solution for QNAP NAS, boasting read/write speeds 20 times faster than conventional cloud services, along with a highly flexible and scalable architecture to ensure efficient transmission and flexibility in object storage. From object service development to demanding workloads like machine learning and data lakes, QuObjects assists enterprises in achieving diverse application needs with higher cost effectiveness.
QuObjects supports Object Lock to ensure data immutability, further safeguarding against ransomware threats, cyberattacks, or human error. Coupled with access controls and authentication features, it provides comprehensive protection for object data security.
Jimmy Tam, Product Manager of QNAP, stated “Data security is critical for enterprises. With QuObjects certified by Veeam Ready – Object with Immutability, we empower organizations leveraging Veeam solutions to confidently opt for QNAP NAS for on-prem S3 object storage and backup, enjoying rapid transmission, extensive scalability, and steadfast security.”
QNAP is the preferred partner for Veeam object backup solutions. Learn more at Veeam Ready Object Partner and QNAP QuObjects- S3 Object Storage.
For more information and to view the full QNAP NAS lineup, please visit www.qnap.com.
Photo – https://mma.prnewswire.com/media/2413244/PR_image_QNAP_x_Veeam_Ready_en.jpg

View original content:https://www.prnewswire.co.uk/news-releases/qnap-s3-compatible-storage-solution-quobjects-certified-as-veeam-ready–object-with-immutability-302148872.html

Continue Reading

Artificial Intelligence

Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change

Published

on

tencent-announces-winners-of-flagship-carbonx-program-to-combat-climate-change

SHENZHEN, China, May 23, 2024 /PRNewswire/ — Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program, which is aimed at boosting promising new climate technologies. The winners, which emerged from a pool of 30 finalists and more than 300 initial applications, will receive a total of around RMB 100 million (US$14 million) in financial support from Tencent. It showcases the company’s commitment to driving sustainable social innovations in the fight against climate change.

CarbonX was launched in March 2023 to advance the next generation of low-carbon technologies. Tencent has committed RMB 200 million (US$28 million) in catalytic funding over the next three years to innovative ideas that might otherwise languish or fail to gain traction.
CarbonX’s first phase focused on carbon capture, utilization, and storage (CCUS), as well as technology-based carbon removal. These solutions were chosen for their unique ability to curb emissions from hard-to-abate industries such as steel and cement, mitigate the continued reliance on fossil fuels, and reduce legacy emissions created from decades of industrialization.
Backed by Tencent’s mission of Tech for Good and an alliance of like-minded industry partners, CarbonX aims to help these cutting-edge technologies make the leap from the research or early startup stage to commercial scale. The ultimate goal is supporting them in making a significant impact toward the targets outlined in the Paris Agreement, which includes a 45 percent reduction in emissions by 2030 and achieving net-zero emissions by 2050.
Dr. Hao Xu, Tencent’s Vice President of Sustainable Social Value and Head of Tencent’s Carbon Neutrality Lab, said: “Technology innovation serves as the driving force to accelerate our progress toward achieving carbon neutrality. CarbonX program is aimed at fostering the growth of these technologies, driving positive impact across society, and laying the groundwork for a more sustainable future.”
Professor Jerry Yan, Chair Professor of the Hong Kong Polytechnic University and Co-chairman of the CarbonX expert committee, said: “To pave the path for a greener economy, we must champion the development of cutting-edge low-carbon technologies. Just as solar and wind power were nurtured in their infancy, emerging solutions like CCUS and tech-based carbon removal demand our early support.”
The program assembled a panel of experts from academia, industries, and the investor community as the jury, and welcomed submissions from diverse participants across three distinct tracks:
CarbonX Lab: Designed to incubate research institutions, universities, or labs that bring in game-changing climate solutionsCarbonX Accelerator: Designed to accelerate the growth of climate-tech startups that exhibit commercialization potentialCarbonX Infrastructure: Designed to support capacity building to facilitate industry developmentThe finalists comprise four projects from the Lab track, six from the Accelerator track, and three from the Infrastructure track. These projects explore innovative solutions, such as using steel slag to capture and store carbon directly from furnace exhaust, converting CO2 into sustainable aviation fuel and valuable chemicals through electrochemical reactions or microorganisms, and employing new approaches to directly capture CO2 from the atmosphere with the hope of slashing the cost to less than US$150 per ton.
Meanwhile, Tencent is also collaborating with Tsinghua University to develop a comprehensive system of Measure, Reporting and Verification (MRV) tools to accurately gauge progress toward decarbonization.
Aside from receiving financial and advisory support, several projects will also have the opportunity to collaborate with industry partners and test their research beyond the laboratory setting.
Building upon the success of the first phase, Tencent is poised to launch the second iteration of CarbonX globally as early as later this year in pursuit of early-stage climate tech innovation.

View original content:https://www.prnewswire.co.uk/news-releases/tencent-announces-winners-of-flagship-carbonx-program-to-combat-climate-change-302153596.html

Continue Reading

Trending