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Portable X-Ray and CT scan Device Market That Will Grow at a CAGR of 7.9% by 2021, According to Research Nester
Portable X-ray and CT scan devices are wireless consultation interface mechanisms that have a prolonged battery life and have the capability to assign data. These devices are operated for patients who are unable to move or have limited movement because of various reasons.
Global portable x-ray and CT scan device market is expected to flourish at a CAGR of 7.9% over the forecast period. Moreover, the global portable x-ray and CT scan device market is anticipated to garner USD 8.56 Billion by the end of 2020. Rising utilization of CT scans and increasing prevalence of chronic diseases such as cancer are some of the major factors behind the growth of portable x-ray and CT scan device market. Moreover, rising demand for home healthcare is likely to accelerate the demand for portable x-ray devices in the upcoming years.
North America portable X-ray and CT scan device market is expected to lead the market demand in the upcoming years owing to rise in the spending in healthcare sector. Asia-Pacific portable X-ray and CT scan device market is anticipated to show a rapid growth, growing with more than 9.2% CAGR. High posted GDP figures, expanded disposable income, governments’ focus to uplift and revive medical services etc. are few of the reasons projected to give a boom in the market for the X-ray and CT scan devices. In addition to that, up-surged medical tourism in countries like India and Singapore has allowed the portable X-ray and CT scan market to reach new heights.
Increasing Prevalence of Cancer and Cardiovascular Diseases
Rising penetration rate of targeted diseases such as tuberculosis, cardiovascular and other diseases is anticipated to impel the demand for portable x-ray and CT scan device in the next few years. Furthermore, rising utilization of CT scans in diagnosis and biopsy procedure guidance is anticipated to impel the growth of portable x-ray and CT scan device market during the forecast period.
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Rising Demand for Home based Healthcare Diagnostics
Increasing demand for home healthcare diagnostic products is anticipated to increase the adoption of portable x-ray and CT scan devices over the forecast period. Apart from this, technological advancements such as integration of wireless X-ray devices and minimal design is expected to foster the growth of portable x-ray and CT scan device market.
Although, challenges such as cyber security and high cost of the devices are likely to inhibit the growth of the global portable x-ray and CT scan device market in the near future.
The report titled “Global Portable X-Ray and CT Scan Device Market Analysis & Opportunity Outlook 2021” delivers detailed overview of the global portable x-ray and CT scan device market in terms of market segmentation by product, by technology and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global portable x-ray and CT scan device market which includes company profiling of Aribex, Inc., GE Healthcare, Hitachi Medical Corporation, MinXray Inc., Philips Healthcare, Siemens Healthcare GmbH, Varian Medical Systems, Zeihm Imaging Inc., Accuray Incorporated, CurveBeam and Toshiba Medical. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global portable x-ray and CT scan device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
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Email: ajay.daniel@researchnester.com
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