Medical Radiography Market by New Trends, Technology and Global Analysis by Key Players (ADANI, Agfa-Gevaert Group, Allengers, Canon Medical Systems, Carestream Health).

Absolute Markets Insights has announced a statistical data to its extensive repository titled Medical Radiography market. The study comprises of different segments and sub-segments such as type, size, applications, and end-users. One of the many distinctive features of the report is it provides an analytical study of the global Medical Radiography market based on various growth influencing factors. Primary and secondary research techniques have also been used by analysts of the report to study the market.

The global medical radiography market was valued at US$ 1692.07 Mn in 2018 and is anticipated to witness a compound annual growth rate of 10.9% over the forecast period owing to the rise in number of orthopedic treatments. According to the study conducted by World Health Organization in 2018, more than 9.6 million people died due to cancer. This rise in number of patients with cancer is creating high demand in medical radiography market for diagnostic purposes. Radiography uses X-ray beams to produce images of the structures inside patient’s body which makes it fast, painless, and eliminates need of any special preparation. Radiography tests assist doctors to look for cancer in different parts of the body including bones, stomach, kidneys lungs and others.

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Cancer tumors are usually denser than tissues around them, which makes them clearly visible in radiographic images. Radiography is also being used during the planning of radiation therapy treatment. With improving healthcare policies for cancer treatments and rise in number of X-Ray imaging procedures performed worldwide, the demand in global medical radiography market is increasing considerably.

Amidst the recent outbreak of COVID-19 pandemic, portable/mobile radiography systems are assisting healthcare professionals to perform diagnosis in acute care centers. On March 11, 2020, the American College of Radiology (ACR) task force on COVID-19 also recommended the use of portable/mobile radiology systems in speciality care centers. Moreover, researches are developing intelligent algorithms, which when incorporated in digital radiography systems will accurately identify COVID-19 associated pneumonia. These advancements are anticipated to fuel the growth of medical radiography market across the globe. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

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Key Findings of the Report:

• Based on component, digital radiography equipment are anticipated to witness high growth in global medical radiography market in future years due to their operational advantages and higher reimbursement rates in healthcare policies.
• The high prevalence of breast cancer is driving the share of mammography application across global medical radiography market.
• North America held the highest market share in global medical radiography market in 2018. A substantially large ageing population who require medical imaging to diagnose and treat health conditions is contributing towards dominance of North America region. Asia Pacific is expected to register the highest compound annual growth rate over the period of next eight years.
• Some of the players operating in the medical radiography market are ADANI, Agfa-Gevaert Group, Allengers, Canon Medical Systems, Carestream Health, FUJIFILM Corporation, GENERAL ELECTRIC COMPANY, Hitachi Healthcare Americas, Hologic, Inc., ITALRAY, Konica Minolta, Inc., Koninklijke Philips N.V., Neusoft Corporation, NP JSC Amico, SAMSUNGHEALTHCARE.COM, Shenzhen BASDA Medical Apparatus Co., Ltd., Shimadzu Corporation, Siemens Healthcare Private Limited, Skanray Technologies Pvt. Ltd and Trivitron Healthcare amongst others.

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Global Medical Radiography Market:

By Component
o Equipment
o Services

By Functionality
o Portable/Mobile Radiography Systems
o Stationery/Fixed Radiography Systems

By Application
o Dental Examination
o Verification of Placement of Surgical Markers
o Mammography
o Orthopedic Evaluations
o Spot Film or Static Recording during Fluoroscopy

By Facility Size
o Small and Medium Size Facility
o Large Size Facility

By Specialty Type
o Pediatrics
o Veterinary
o Chiropractic
o Otolaryngology
o Orthopedic
o Others

By End Users
o Hospitals
o Clinics
o Diagnostic Imaging Centers
o Mobile Medical Facilities
o Urgent Care Centers
o Others

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