Global Medical X-ray Market

Medical X-ray Market Size, Share, Growth Analysis, By Type(Standard Computed Tomography, Kidney), By Application(Medical Applications, General Radiography), By End User(Hospitals, Diagnostic centers), By Technology(Digital and CR/analog) - Industry Forecast 2024-2031


Report ID: SQMIG35A2599 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 126 | Figures: 77

Medical X-ray Market Regional Insights

In 2021, North America dominated the market as a whole and generated the majority of worldwide revenue. The presence of numerous industry players and the frequent introduction of new products in the region are the main drivers of regional market expansion. Furthermore, many market players are now contributing to technologically advanced medical x-ray systems which are increasing the market growth in that region.

The market in the Asia Pacific is also likely to boost at the fastest rate. This is mostly a result of growing government initiatives to create mobile, technologically sophisticated medical x-ray devices. 

Latin American market growth is anticipated to be boosted by factors such as rising awareness and increased market penetration. The rising frequency of chronic diseases and the market players' increased focus on product development and diagnostics are the main drivers of market expansion in the area.

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FAQs

Medical X-ray Market size was valued at USD 12.28 billion in 2019 and is poised to grow from USD 13 billion in 2023 to USD 21.79 billion by 2031, growing at a CAGR of 5.9% in the forecast period (2024-2031).

Medical X-ray Market is nearly consolidated and moderately competitive with some of the prominent players which are operating in the medical X-ray market including Siemens Healthcare, GE Healthcare, Hitachi Medical, Hologic, and Canon Medical Systems, strategic initiatives have helped them to maintain their financial stability in the market. 'Siemens Healthcare Private Limited (Germany)', 'GENERAL ELECTRIC COMPANY (US)', 'Koninklijke Philips N.V.', 'Canon Medical Systems Corporation', 'Carestream Health, Inc.', 'Shimadzu Corporation', 'Fujifilm Holdings Corporation', 'Hitachi, Ltd.', 'Hologic, Inc.', 'Samsung Medison Co., Ltd.', 'Agfa-Gevaert N.V.', 'Ziehm Imaging GmbH', 'Analogic Corporation', 'Allengers Medical Systems Limited', 'Eurocolumbus s.r.l.', 'BMI Biomedical International s.r.l.', 'Control-X Medical GmbH', 'Poskom Co., Ltd.', 'Varian Medical Systems, Inc.', 'Vieworks Co., Ltd.'

Technical advancement in diagnostic imaging in developed countries

Deep learning has received a lot of attention recently and has made remarkable progress in a number of areas. Deep learning integration in X-ray CT has established itself as an irreversible trend.

In 2021, North America dominated the market as a whole and generated the majority of worldwide revenue. The presence of numerous industry players and the frequent introduction of new products in the region are the main drivers of regional market expansion. Furthermore, many market players are now contributing to technologically advanced medical x-ray systems which are increasing the market growth in that region.

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Global Medical X-ray Market

Product ID: SQMIG35A2599

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