X-Ray Devices And Equipment Market 2020 Analysis by Top Manufacturers - Siemens Healthcare, Carestream Health, Philips Healthcare, Hitachi Medical, GE Healthcare

The X-Ray Devices And Equipment Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global X-ray devices and equipment market was valued at about $11.4 billion in 2018 and is expected to grow to $13.65 billion at a CAGR of 4.6% through 2022.

North America was the largest region in the X-ray systems devices and equipment market, followed by Asia Pacific.

The rising incidence of injuries occurring worldwide is driving the medical diagnostic X-ray systems, devices and equipment market. Increasing accidents, sports injuries, severe muscle damages, bone injuries and others are rising the market for diagnostic equipment, especially X-ray systems devices and equipment market. In 2017, about 2.8 million nonfatal injuries were recorded according to estimates from the Survey of Occupational Injuries and Illnesses (SOII). With the increase in injuries and accidents across the globe, number of urgent care facilities offering services such as blood tests, stitching, and X-rays also increased. For instance, according to the Urgent Care Association, the total number of urgent care centers in the USA increased from 6,400 in 2014 to 8,744 in 2018.

Hazardous radiation effects and increasing health concerns hinders the X-ray systems devices and equipment market growth. Diagnostic imaging procedures use x-rays systems devices and equipment that release electromagnetic waves or particles called 'ionizing radiation'. This radiation coming from man-made sources such as X-rays, CT scans, nuclear medicine scans and PET scans carry major health hazards. Low doses can also cause cancer in the long run. Cancer is a leading cause of death worldwide, accounting for an estimated 9.6 million deaths in 2018. When doses exceed certain levels it causes skin burns and acute radiation syndrome. According to a global survey in 2015 conducted by NCBI on radiation overexposure accidents, around 2390 people were over exposed to radiation, out of which 190 died.

The X-ray systems devices and equipment market is witnessing a rise in number of mergers and acquisitions. Mergers and acquisition activity is being driven mainly by companies intending to diversify their business into the medical/diagnostic imaging and radiology businesses. In January 2018, Hitachi acquired VidiStar LLC, a digital solution provider in order to expand its clinical reporting and analytical services division for diagnostic imaging. In November 2017, Philips acquired a Baltimore-based Analytical Informatics Inc., an advanced workflow tools and applications providing company, to expand its radiology business. In January 2018, Canon Medical Systems, Europe in order to expand its product portfolio and services offered acquired DelftHold BV, a company specialized in enterprise healthcare information technology (IT) solutions, manufacturing digital X-ray systems, system integration and providing services for radiology departments.

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Latest Industry News:

In 2017, National Council on Radiation Protection and Measurements (NCRP), in response to FDA's initiative to reduce unnecessary radiation exposure from medical imaging devices, recommended to minimize medical radiation exposure by proposing a new radiation vital sign risk score. This aids quality of care and patient safety from diagnostic X-ray systems by calculating potential harm from additional exposure to medical radiation. The incorporation of vital sign into these electronic medical devices helps in taking protective measures. The Advisory Committee on X-ray and Radium Protection, of NCRP provided approaches and modalities that use less or no ionizing radiation for medically appropriate and safe patient care.

In January 2019, Shimadzu Medical Systems USA acquired Core Medical Imaging, Inc for an undisclosed amount. This acquisition would strengthen Shimadzu's healthcare business and expands its medical systems division in North America to cater to the regions demands and capitalize on the market. Core Medical Imaging, Inc., is an US-based medical equipment company offering various medical products and devices, surgical equipment, diagnostic and X-ray systems, apparatus, and other medical instruments. It was founded in 2000 and is headquartered in Washington, United States.

Scope of the Report:

Markets Covered: 1) By Product Type: Computed Tomography, Mobile X-Ray Devices, C-Arm Devices, Dental X-Ray, Mammography, Others 2) By Application: Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Others 3) By image type: 2D images, 3D images, 4D images 4) By Technology: Analog X-Ray Machine, Digital X-Ray Machine 5) By Type: Portable type, Stationary type

Companies Mentioned: Siemens Healthcare, Carestream Health (US), Philips Healthcare, Hitachi Medical, GE Healthcare (US)

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time Series: Five years historic and forecast.

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

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Important Sections from the Table of Contents:
• Global X-Ray Devices And Equipment Market Overview
• Economic Impact on Industry
• Market Competition by Manufacturers
• Production, Revenue (Value) by Region
• Supply (Production), Consumption, Export, Import by Regions
• Production, Revenue (Value), Price Trend by Type
• Market Analysis by Application
• Manufacturing Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global X-Ray Devices And Equipment Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2022 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the X-Ray Devices And Equipment Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. X-Ray Devices And Equipment industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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