Global X-Ray Devices Market Overview and Opportunities And Strategies – Drivers And Trends Analysis by TBRC (2020 - 2023)

The Business Research Company’s X-Ray Devices Market Report - Opportunities And Strategies - Global Forecast To 2023

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The global portable X-ray devices market reached a value of nearly $12,628.1 million in 2019, having grown at a compound annual growth rate (CAGR) of 3.8% since 2015, and is expected to grow at a CAGR of 5.3% to nearly $15,507.6 million by 2023.

The Key drivers of the X-Ray Devices Market include:-
The expected increase in the number of patients with chronic diseases will drive the X-ray devices market. The rise in the incidences of chronic diseases such as cardiovascular diseases (CVD), neurodegenerative diseases, autoimmune diseases, respiratory diseases and cancer among the population will lead to an increase in the number of patients who require advanced diagnostic and treatment options on a regular basis. It is forecast that the number of patients with diabetes will increase to 642 million by 2040 from 415 million in 2015 , and the number of death cases from CVD will increase to more than 23.6 million by 2030 from 17.6 million in 2016 . Emerging markets will see the fastest growth in the prevalence of chronic diseases as the population growth is anticipated to be the most significant in developing nations. Following the chronic disease prevalence growth, advances in accurate detection and diagnosis of diseases will try to minimize the cost of treating chronic conditions that will positively impact the growth of the X-ray devices market. The increase in the number of patients with chronic diseases will drive the use of X-ray devices and support the market’s growth.

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X-Ray Devices Market Segmentation:-
By Type Of Product
1.Stationary X-Ray Devices
2.Mobile X-Ray Devices
3.Handheld X-Ray Devices
The stationary X-ray devices market was the largest segment of the X-ray devices market by type of product in 2019 at 59.2%. The handheld X-ray devices market is expected to be the fastest-growing segment going forward at a CAGR from 2019-23 of 14.0%.

By Technology
1.Computed Radiography X-Ray Devices
2.Digital X-Ray Devices
3.Analog X-Ray Devices
The computed radiography X-ray devices market was the largest segment of the portable X-ray devices market by type of technology in 2019 at 46.3%. The analog X-ray devices market is expected to be the fastest-growing segment going forward at a CAGR of 14.2% to 2023

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By Geography - The X-Ray Devices Market is segmented Into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

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Some of the major key players involved in the x-ray devices market are
1.Siemens Healthineers AG
2.Fujifilm Holdings Corporation
3.Koninklijke Philips N.V.
4.General Electric Company
5.Onex Corporation

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic

This release was published on openPR.