Industry Background:
Medical imaging has led to enhancements in the diagnosis and treatment of several medical conditions in children and adults. There are various types or modalities of medical imaging procedures, each of which uses different technologies and techniques as per the application. X-rays are a type of radiation called electromagnetic waves that creates pictures of the inside of the body. The images show the parts of your body in different shades of black and white. The most familiar use of x-rays is checking for fractures (broken bones), but x-rays are also used in other ways. For example, chest x-rays can spot pneumonia. Mammograms use x-rays to look for breast cancer.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Agfa-Gevaert N.V. (Belgium), Canon Medical Systems Corporation (Japan), GE Healthcare (United States), Carestream Health (United States), FUJIFILM Healthcare (United States), Konica Minolta Medical Imaging (United States), Koninklijke Philips N.V. (Netherlands), PerkinElmer, Inc. (United States), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), Varian Medical Systems (United Kingdom), Hitachi (Japan), Esaote (Italy) and Hologic (United States) |
According to AMA, the market for Medical X-ray is expected to register a CAGR of 5.9% during the forecast period to 2030. This growth is primarily driven by Growing Burden of Chronic Disease such as Cancer, Cardiac Diseases, Neurological Diseases, Dental Problems.
Globally, a noticeable market trend is evident Increasing Patient Preference Towards X-rays for Non-Invasive and Painless Disease Diagnosis
Major Players, such as Agfa-Gevaert N.V. (Belgium), Canon Medical Systems Corporation (Japan), GE Healthcare (United States), Carestream Health (United States), FUJIFILM Healthcare (United States), Konica Minolta Medical Imaging (United States), Koninklijke Philips N.V. (Netherlands), PerkinElmer, Inc. (United States), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), Varian Medical Systems (United Kingdom), Hitachi (Japan), Esaote (Italy) and Hologic (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Increasing Patient Preference Towards X-rays for Non-Invasive and Painless Disease Diagnosis and Digital Solutions Have Revolutionized Medical Imaging
Market Growth Drivers:
Growing Burden of Chronic Disease such as Cancer, Cardiac Diseases, Neurological Diseases, Dental Problems
Restraints:
High Installation Costs Along with Risk of Radiation Exposure
Opportunities:
Adoption of New Technology in Health Care Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Medical X-ray Market
- Analysis about New Entrants in Medical X-ray Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Medical X-ray Study Sheds Light on
The Medical X-ray Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Medical X-ray industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical X-ray industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.