The global medical
X-ray generator market is
expected to reach USD 2.07 billion by 2024, according to a new report by Grand
View Research, Inc. The unprecedented shift in lifestyle associated habits
coupled with increasing prevalence chronic diseases, is responsible for the
rise in demand for accurate diagnostic tools, which is presumed to bolster the
market growth. In addition, global geriatric population base that is highly
susceptible toward developing these chronic diseases is anticipated to impel
the demand for high resolution imaging systems. This high requirement is
effectively addressed by use of the medical x-ray generators, thus presenting
the market with high growth potential throughout the forecast period.
In addition, these devices lead to better
patient outcomes, which include faster detection of disease conditions, and
improved patient safety profile. These associated benefits are expected to
increase the overall adoption rate of these medical x-ray generators over the
coming years
Furthermore, technological advancements
such modification of the design of computer-controlled x-ray generator
interface with imaging system results in better synchronization of the overall
imaging system with x-ray generators. This has resulted in application of
medical x-ray generators in fluoroscopy, radiography, and angiography, thus
widening the potential for growth during the forecast period.
Browse full report by Grand View Research
: http://www.grandviewresearch.com/industry-analysis/medical-x-ray-generator-market
Further Key Findings from the Study Suggest:
·
Stationary medical x-ray generators held
the largest share of over 68.0% in the product segment in 2015. The dominant
share can be attributed to low costs, high stability, and durability associated
with the device, which is responsible for the high adoption rate in hospital
settings.
·
Cardiovascular segment held the substantial
share of over 20.0% in the application segment in 2015. The aforementioned is
primarily a consequence of increasing prevalence of cardiovascular diseases. In
addition, high demand for mono energetic x-ray generators for cardiovascular
imaging, owing to its appropriate and safe intensity of energy projections, is
presumed to provide growth potential to the Medical X-ray Generator
Market.
·
In 2015, North America held a substantial
share of the overall Medical X-ray Generator Market at over 30.0%. The presence
of government regulatory authorities, consistently striving toward high patient
safety is a significant factor that is presumed to be responsible for the
largest market share of this region.
·
Furthermore, frequent product launch by
prominent market players in the U.S. is presumed to be responsible for its
largest share. For instance, In June 2015, Spellman High Voltage Electronics
Corporation launched new range of radiography generators, Z series X-ray
Generators. The product was launched at a relatively lower cost to cater to
mid-tier medical radiography and veterinary imaging segments.
·
Some key players are increasingly involved
in entering into collaborations and product launches to garner a larger share.
For instance, in April 2015, Emd Technologies, Inc., launched a new range of
EPS Unipolar High-Voltage Generators in the area of the mammography radiology
segment. Moreover, in March 2015, Spellman announced to expand x-ray source
product portfolio, through the launch of Monoblock x-ray sources with the
introduction of XRBC Monoblock series.
Global Medical X-Ray Generators Product
Outlook (Revenue, USD Million,Volume, 000 units, 2013 - 2024)
·
Stationary
·
Portable
Global Medical X-Ray Generators Application Outlook
(Revenue, USD Million, Volume, 000 units, 2013 - 2024)
·
Cardiovascular
·
Respiratory
·
Mammography
·
Orthopedics
·
Dental
Medical X-Ray Generators Regional Outlook (Revenue, USD
Million, Volume, 000 units, 2013 - 2024)
·
North America
o U.S.
o Canada
·
Europe
o UK
o Germany
·
Asia Pacific
o Japan
o China
·
Latin America
·
MEA
View press
release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-medical-x-ray-generator-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.