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Ambulatory X-Ray Devices Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Ambulatory X-Ray Devices Market Size
In recent times, there has been robust growth in the size of the ambulatory X-ray devices market. The market is expected to expand from $2.11 billion in 2024 to $2.27 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.4%. This surge during the historic period can be credited to a rise in the number of ambulatory care centers, amplified patient preference for outpatient care, an increase in deployment of x-ray devices, a growing elderly population, and an increased emphasis on early diagnosis.
In the years to come, the market for ambulatory X-ray devices is predicted to experience robust growth, reaching $2.99 billion in 2029, with a compound annual growth rate (CAGR) of 7.1%. This projected expansion during the forecast period is attributed to the rising demand for portable X-ray machines, the progression of point-of-care diagnostics and imaging, the increase in other chronic conditions, and the prevalence of arthritis and other orthopedic conditions. Prominent trends for the forecast period encompass developments in the production of X-ray devices, the unification of these devices with digital health technologies, the use of artificial intelligence (AI) and machine learning in X-ray, enhanced imaging capabilities, and product innovations.
What Key Elements Are Boosting Growth in the Ambulatory X-Ray Devices Market?
The increase in orthopedic conditions is projected to boost the ambulatory X-ray device market's expansion. Orthopedic conditions encompass a range of disorders and diseases that affect the musculoskeletal system, such as bones, joints, muscles, tendons, ligaments, and nerves. Factors like an aging demographic, obesity crisis, sports activities, occupational hazards, and enhanced diagnosis contribute to the surge in these conditions. Ambulatory X-ray devices play an instrumental part in the diagnosis and management of these orthopedic conditions, facilitating earlier detection and improved treatment tracking. For instance, research conducted by the National Library of Medicine, a U.S.-based biomedical library, in February 2023 suggests that by 2040, there will be an increase of 719,364 and 1.22 million in total hip arthroplasty (THA) and total knee arthroplasty (TKA) procedures respectively. Furthermore, the number of TKAs is foreseen to reach 2.91 million by 2060, while THAs should amount to 1.98 million. So, the increasing incidence of orthopedic conditions is fuelling the growth of the ambulatory X-ray device market.
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Who Are the Major Industry Players Fueling Ambulatory X-Ray Devices Market Expansion?
Major companies operating in the ambulatory X-ray devices market are Medtronic PLC, Siemens Healthineers AG, Koninklijke Philips N.V., Fujifilm Holdings Corporation, GE HealthCare Technologies Inc., Konica Minolta Inc., Shimadzu Corporation, Varian Medical Systems Inc., Carestream Health Inc., Esaote S.p.A., Samsung Medison Co. Ltd, Analogic Corporation, Canon Medical Systems Corporation, Ziehm Imaging GmbH, Xoran Technologies LLC, Kubtec Scientific, DEL Medical Inc., Mindray Medical International Limited, Agfa-Gevaert Group, BMI Biomedical International S.r.l., United Imaging Healthcare Co. Ltd., EcoRay Co. Ltd.
Who Are the Major Industry Players Fueling Market Expansion?
Leading companies in the ambulatory X-ray devices market are concentrating on creating innovative devices like digital mobile X-ray systems. These devices offer amplified imaging capabilities and heightened portability, contributing to more accurate and efficient diagnostics at the point of care. A digital mobile X-ray system merges the advantages of contemporary digital imaging technology with the convenience of portability, promoting successful and valuable imaging across different healthcare settings. For instance, in July 2022, Japan's Shimadzu Corporation launched the MobileDaRt Evolution MX8 Version v type, a new digital mobile X-ray system. This system is programmed for intuitive handling, with multiple All Free buttons that enable simple positioning and exposure from any angle, enabling rapid adjustments and boosting the efficiency of workflow in clinical situations, offering smooth, handy operation and making it easy to manoeuvre through narrow hospital spaces. The foldable support column improves visibility during transportation, guaranteeing safety and ease of maneuverability.
How Is the Segmentation of the Ambulatory X-Ray Devices Market Defined?
The ambulatory X-ray devices market covered in this report is segmented -
1) By Type: Standalone, Mobile
2) By Application: Orthopedic, Cancer, Cardiovascular , Other Application
3) By Distribution Channel: Direct Tenders, Distributor
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Standalone: Digital Standalone X-Ray Devices, Analog Standalone X-Ray Devices, Fixed Standalone X-Ray Devices, Portable Standalone X-Ray Devices
2) By Mobile: Mobile Digital X-Ray Devices, Mobile Analog X-Ray Devices, Compact Mobile X-Ray Devices, Battery-Operated Mobile X-Ray Devices, Wireless Mobile X-Ray Devices
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What Is the Leading Region in the Ambulatory X-Ray Devices Market?
North America was the largest region in the ambulatory X-ray devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory X-ray devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Ambulatory X-Ray Devices Global Market Report?
- Market Size Analysis: Analyze the ambulatory x-ray devices Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the ambulatory x-ray devices market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall ambulatory x-ray devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the ambulatory x-ray devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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