Medical X-ray Market Updates

Medical X-ray Market size was valued at USD 13 Billion in 2023 and is poised to grow from USD 13.77 Billion in 2024 to USD 23.08 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

Global 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. 'GE Healthcare (USA) ', 'Koninklijke Philips N.V. (Netherlands) ', 'Canon Medical Systems Corporation (Japan) ', 'Siemens Healthineers (Germany) ', 'Carestream Health (USA) ', 'Shimadzu Corporation (Japan) ', 'Fujifilm Holdings Corporation (Japan) ', 'Mindray Medical International Limited (China) ', 'Hitachi Ltd. (Japan) ', 'Agfa Healthcare (Belgium) ', 'Durr Dental SE & Co KG (Germany) ', 'Planmeca Oy (Finland) ', 'Dentsply Sirona Inc. (USA) ', 'Vatech Co., Ltd. (South Korea) ', 'Air Techniques Inc. (USA) ', 'Gendex (USA) ', 'Morita Corporation (Japan) ', 'Instrumentarium Dental Oy (Finland) ', 'Apteryx (New Zealand) ', 'Sirona Dental Systems GmbH (Germany)'

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.