X-Ray Systems Market Future Prospects
The global X-ray systems market size is USD 8.1 billion in 2024, and it will grow at a CAGR of 3.8% during 2025–2032, to reach USD 10.9 billion by 2032.
This is ascribed to the increasing prevalence of chronic diseases and growing demand for their early-stage diagnosis. Moreover, with the increasing geriatric population, the incidence of falls, orthopedic fractures, joint dislocation, and other musculoskeletal conditions is increasing. The rising number of road accidents and cases of intended violence is another factor driving the incidence of fractures.
Another key factor behind the market growth is the cost-effectiveness of X-rays over MRIs, CTs, and PET scans, which makes them widely accessible in low- and middle-income countries. The proliferation of standalone diagnostic imaging centers also drives the market by offering quick and cost-effective radiograms for patients worldwide. Additionally, the technological developments and investments by the government in countries such as India, China and Japan are driving the market.