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X-Ray Systems Devices And Equipment Market: Outlook, Current And Future Industry Landscape Analysis 2033
X-Ray Systems Devices And Equipment Market
The x-ray systems devices and equipment market size is expected to see strong growth in the next few years. It will grow to $24.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to digital transformation, specialized applications, population health management, advancements in radiation safety. Major trends in the forecast period include 3d and cone-beam ct imaging, point-of-care x-ray, ai-enhanced imaging, remote and mobile imaging.
Market Overview -
X-ray devices and equipment use a medical imaging method known as radiography or X-ray to produce photographs of the internal bodily structures using minute amounts of electromagnetic energy. Then, these pictures can be seen on film or digitally. X-ray systems are used for the diagnosis and imaging of patients suffering from various diseases.
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Rising Incidence Of Injuries Fuels Growth In The Medical Diagnostic X-Ray Systems Market
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. According to the National Safety Council, a US-based non-profit organization promoting health and safety, in 2021, 224,935 injury-related deaths occurred in the US which was a 11.9% increase as compared to 2020. Number of nonfatal preventable injuries reached 62 million in 2021. With the increase in injuries and accidents across the globe, the number of urgent care facilities offering services such as blood tests, stitching, and X-rays also increased.
Competitive Landscape -
Major companies operating in the x-ray systems devices and equipment market include Siemens Healthcare, Carestream Health, Philips Healthcare, Hitachi Medical, GE Healthcare, Shimadzu Corporation, Fujifilm Holdings, Toshiba Medical Systems Corporation, Canon Inc., Agfa HealthCare N.V., Hologic Inc., Konica Minolta, Samsung, Analogic Corporation, Summit Industries, Rapiscan Systems, Swissray International Inc., Ziehm Imaging GmbH, RMS India, KUB Technologies Inc., Source Ray Inc., Allengers Medical Systems, Dentsply Sirona, Bennett, MinXray Inc., Varian Medical Systems, Angell Technology, Control-X Medical, DMS Imaging, Esaote, IAE SPA, Infimed Sp. z o.o., Medonica Healthcare Private Limited, PerkinElmer Inc., Planmed Oy
Increasing Mergers And Acquisitions Reshape The X-Ray Systems Devices And Equipment Market
The X-ray systems devices and equipment market is witnessing a rise in the 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 April 2021, Siemens Healthineers AG, a company manufacturing x-ray devices and equipment based in Germany acquired Varian for an undisclosed amount. With this acquisition, the companies will address the need for precision and diagnosis of cancer care and aim to fight back cancer, and create a unique portfolio of laboratory diagnostics, imaging, and artificial intelligence. Varian is a company manufacturing x-ray devices and equipment based in the United Kingdom.
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Key Segments -
The x-ray systems devices and equipment market covered in this report is segmented -
1) By Type: Portable type, Stationary type
2) By Product Type: Computed Tomography, Mobile X-Ray Devices, C-Arm Devices, Dental X-Ray, Mammography, Other Product Types
3) By image type: 2D images, 3D images, 4D images 4) By Technology: Analog X-Ray Machine , Digital X-Ray Machine
4) By Technology: Analog X-Ray Machine, Digital X-Ray Machine
5) By Application: Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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