San Francisco, 20 November
2018, The global x-ray systems market size is expected to reach USD 10.43 billion by
2025, according to a new report by Grand View Research, Inc., registering a
2.9% CAGR during the forecast period. Rising investments in medical technology,
increasing R&D activities, and surge in product launches are key factors
driving market growth.
Prominent
modalities include radiography, fluoroscopy, and computed radiography. Computed
radiography systems are the most preferred systems, as they provide sharp
images in a shorter time. Moreover, the imaging plates can be reused.
Fluoroscopy is also gaining prominence in developed countries such as U.S. and
Canada.
X-ray
systems can be stationary or portable. Even the stationary systems dominated
the market in 2017 in terms of revenue, the portable kind are poised to witness
faster growth. Stationary radiography systems have significant demand in
developing countries where adaption to new technology is slow. Portable systems
are preferred over stationary variants due to their mobility, which makes them
more convenient and flexible for use.
Some of the
key players in this market are Koninklijke Philips N.V.; GE Healthcare;
Hitachi, Ltd.; Shimadzu Corporation, Fujifilm Medical Systems; Siemens
Healthineers; Canon Medical Systems Corporation; Carestream Health; Hologic,
Inc.; and Biosign. Expansion of regional and service portfolio and merger and
acquisitions are some of the leading strategic undertakings adopted by these
players. For instance, in December 2016, Hitachi acquired Kurt & Kurt, a
medical diagnostic system provider, to expand its businesses in Turkey.
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Report On X-Ray Systems Market Analysis:
www.grandviewresearch.com/industry-analysis/x-ray-systems-market
www.grandviewresearch.com/industry-analysis/x-ray-systems-market
Further key findings from the report suggest:
·
The global X-ray systems market was valued
at USD 8.3 billion in 2017 and is expected to at a modest pace over the
forecast period
·
Based on type, digital systems are
anticipated to grow at the fastest rate as analog systems fade out
·
By modality, the computed radiography
segment was valued at USD 2.9 billion in 2017, emerging as the market leader.
Fluoroscopy will register the fastest growth over the forecast period
·
While hospitals enjoy the dominant share on
the basis of end use, the diagnostic centers segment is anticipated to register
a CAGR of 3.6% from 2018 to 2025
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Grand View Research has segmented the
global x-ray systems market on the basis of modality, mobility, end use, type,
and region:
X-ray
Systems Modality Outlook (Revenue, USD Million, 2014 - 2025)
·
Radiography
·
Fluoroscopy
·
Computed Radiography
X-ray
Systems Mobility Outlook (Revenue, USD Million, 2014 - 2025)
·
Stationary
·
Mobile
X-ray
Systems End Use Outlook (Revenue, USD Million, 2014 - 2025)
·
Hospital
·
Diagnostic Centers
·
Mobile Imaging Centers
X-ray
Systems Type Outlook (Revenue, USD Million, 2014 - 2025)
·
Digital
·
Analog
X-ray
Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
U.K.
o
Greece
o
Spain
o
Austria
o
Denmark
o
Belgium
o
Norway
·
Asia Pacific
o
Japan
o
China
o
India
o
Australia
o
Sri Lanka
o
Bangladesh
o
Singapore
o
South Korea
o
Thailand
o
Malaysia
·
Latin America
o
Brazil
o
Mexico
o
Argentina
·
Middle East and Africa (MEA)
o
South Africa
o
Kuwait
o
Qatar
o
UAE
o
Saudi Arabia
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www.grandviewresearch.com/press-release/global-x-ray-systems-market
www.grandviewresearch.com/press-release/global-x-ray-systems-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/