X-Ray Imaging Market is forecast to reach USD 15.40 Billion by 2027 | Siemens AG, Hitachi Ltd., Carestream Health, Inc., Koninklijke Philips N.V., General Electric Company

The global X-Ray Imaging market is forecast to reach USD 15.40 Billion by 2027, according to a new report by Reports and Data. X-ray imaging systems are important tools that improve healthcare by diagnosing several injuries, diseases, and fractures.

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Technological advancement has led to the development of novel processes and devices. Digitalization of x-ray imaging has made data storage possible in digital signals. Large area detection, low dose imaging, and high energy resolution are transforming X-ray imaging technologies. The X-ray imaging market is expected to have cheaper hardware, high resolutions, and less harmful smaller doses of ionizing agent in the coming years.

The healthcare expenditure is expected to increase in the global platform, owing to the rising government and non-government initiatives and the growing prevalence of diseases. The increase in the market is due to a rise in accessibility and affordability of the x-ray imaging procedure for various medical conditions. Moreover, growing tie-ups between government bodies and research institutes, along with the presence of numerous manufacturers, are considered to be a high rendering factor of this industry.

Key participants include:

Siemens AG, Hitachi Ltd., Carestream Health, Inc., Koninklijke Philips N.V., General Electric Company, Hologic Inc., Canon, Inc., FUJIFILM Holdings Corporation, Shimadzu Corporation, and Esaote S.P.A, among others.

For the purpose of this report, Reports and Data have segmented into the global X-Ray Imaging Market on the basis of portability, technology, application, end-users, and region:

Portability Outlook (Revenue, USD Billion; 2016-2027)

Stationary
Portable

Technology Outlook (Revenue, USD Billion; 2016-2027)

Analog X-ray Imaging
Digital X-ray Imaging

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Application Outlook (Revenue, USD Billion; 2016-2027)

Orthopedic X-ray Imaging
Chest X-ray Imaging
Dental X-ray Imaging
Mammography X-ray Imaging

End Users Outlook (Revenue, USD Billion; 2016-2027)

Hospitals
Diagnostic Clinics

Regional Outlook (Revenue in USD Million; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

The market for x-ray imaging in Asia Pacific is forecasted to grow at the highest CAGR, mainly due to the enhancing healthcare infrastructure, improving reimbursement scenario, rising investments in diagnostic imaging, and the growing insurance coverage in several APAC countries.

Further key findings from the report suggest:

-By power rating, 51-100 KVA contributed to the largest market share in 2018 and is expected to grow at a rate of 10.6% in the forecast period. The market dominance of 51-100 KVS X-Ray Imaging may be attributed to the increasing demand from IoT devices owing to offering of hassle-free installation, enhanced usability, easy maintenance, on-demand capacity expansion, and better efficiency.

-By organization sizes, large enterprises dominated the market in 2018 and are likely to witness a growth rate of 10.3% in the forecast period. The X-Ray Imaging provides better scalability, flexibility, and reliability to keep their systems operational in the event of an accident.

-By application, a centralized power protection solution held a larger market share in the year 2018.

-By industry vertical, healthcare industry is projected to grow at a significant rate of 11.6% in the forecast period, owing to the use of medical devices ranging from ventilators to MRIs, hematology systems to diagnostic instruments, gas analyzers to centrifuges, and data centers, among others, that require uninterrupted and reliable power supply for their operation.

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1. Understand the demand for global Well Testing Services to determine the viability of the market.

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5. Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

6. Recognize the key competitors of this market and respond accordingly.

7. Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

8. Define the competitive positioning by comparing the products and services with the key players in the market.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/x-ray-imaging-market

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This release was published on openPR.