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X-Ray Imaging Market

Global X-Ray Imaging Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Portability (Stationary X-Ray and Portable X-Ray), by Technology (Digital X-Ray, Analog X-Ray, and Others), by End User (Diagnostic Center, Hospital, and Other), by Application (Orthopedic X-Ray Imaging, Chest X-Ray Imaging, Dental X-Ray Imaging, Mammography and Others)

Published: July 2016
Report Code: LS10650
Available Format:
Pages: 168

The global x-ray imaging market accounted for revenue of $8,897.3 million in 2015, and it is expected to grow at a CAGR of 4.9% during 2016-2022. Based on portability, the portable x-ray segment is expected to witness the faster growth during the forecast period, at a CAGR of 7.2% in the global market. Among the various technologies, the digital x-ray segment is expected to witness the fastest growth during the forecasted period.

 

X-Ray Imaging Market

X-rays are fragment of natural electromagnetic spectrum. Medical x-rays are used to generate images of tissues and structure inside the body. It is produced artificially by decelerating high-velocity electrons, with the help of X-ray tube. The x-rays when passed through the body are made to strike through a photographic film, which result in formation of image of the area. The areas of the film exposed by x-ray are dark, whereas the unexposed areas are transparent. Now-a-days an X-ray image can also be stored in a digital form on a computer.

An x-ray imaging is a non-invasive medical diagnosis, which helps medical practitioners to diagnose and treat medical conditions. Mostly, x-ray imaging is used for the diagnosis of orthopedic condition, dental condition, cancer, and others.

The global x-ray imaging market is growing at a significant rate, due to growing geriatric population, increasing prevalence of chronic diseases such as cancer, lung diseases and rheumatoid arthritis, and increasing healthcare expenditure. In addition, the improving healthcare infrastructure in developing countries, such as China and India, and technological advancement in x-ray imaging are also driving the growth of the global x-ray imaging market. The restraints associated with the growth of the global x-ray imaging market include stringent regulations for the approval of x-ray imaging devices and increasing risk of cancer, due to exposure to radiation.

Geographically, North America is expected to maintain its dominance in the global market of x-ray imaging during 2016 - 2022. This is due to increasing healthcare expenditure, growing geriatric population, improved healthcare infrastructure, and growing prevalence of chronic diseases. In addition, the increasing research activity for the advancement of imaging technology is also driving the growth of the North American market.

The European x-ray imaging market is growing, mainly due to growing aging population, increasing prevalence of chronic diseases, and increasing healthcare cost. However, the Asia-Pacific market of x-ray imaging is expected to witness the highest growth globally, during the forecast period. This is due to the growing geriatric population and surge in the occurrence rate of different chronic diseases. Additionally, the large population pool and improving healthcare infrastructure are driving the growth of the market in the region.

Some of the key companies operating in the global x-ray imaging market include Siemens AG, Koninklijke Philips N.V., General Electric Company, Hitachi Ltd., Toshiba Corporation, Shimadzu Corporation, Carestream Health Inc., Hologic Inc., SAMSUNG, and Fujifilm Corporation.

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