The global demand for Medical X-ray Market is presumed to reach the market size of nearly USD 36.28 BN by 2028 from USD 22.89 BN in 2021 with a CAGR of 6.8% under the study period 2022 - 2028.
Medical x-ray is among the most common procedures used by healthcare providers and dentists. The imaging procedure allows images of bones, organs, tissues, and teeth from inside via x-ray beams (ionizing radiation). The type of radiation in X-ray machines is called electromagnetic waves, which create pictures of different body parts in black and white and help determine fractures, broken bones, infections, and cancerous tissues.
Market Dynamics
While the exponential growth of medical X-rays has always witnessed pace, the major factors driving its growth in the coming years include the increased awareness and the geriatric population with multiple health issues every day. The digital x-ray system has also played a significant role in its adoption regarding speed, accuracy, and alignment with governmental regulations and initiatives. Another factor that has increased the opportunities for digital X-rays is the post-pandemic healthcare growth. Imaging such as chest radiography, chest imaging, and CT scans have rapidly increased during the pandemic to diagnose pneumonia and its complications.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of medical x-ray. The growth and trends of medical x-ray industry provide a holistic approach to this study.
Market Segmentation
This section of the medical x-ray market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Flat Panel Detectors
- Line Scan Detectors
- Computed Radiography Detectors
- Charge Coupled Device Detectors
By Application
- Diagnostic Centers
- Hospitals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Medical X-ray market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Medical X-ray Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the medical x-ray market include Siemens Healthcare, GE Healthcare, Canon, Philips Healthcare, Hitachi Medical, Shimadzu. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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