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X-Ray Market Estimated to Surpass the US$ 16.0 Billion Threshold by 2027 | CAGR: 7.8%: Coherent Market Insights

October 19th, 2020 Coherent Market Insights Releases

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

The global X-ray market was valued at US$ 8,807.5 million in 2018 and is projected to exhibit a CAGR of 7.8% over the forecast period (2020– 2027).

Get FREE Sample PDF Including COVID-19 Impact Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/1153

Growing incidence of fractures, orthopedic disorders, and cancer, along with technological advancements in X-ray systems for image quality improvement, is predicted to significantly propel the growth of the global X-ray market in the foreseeable future. The introduction of innovative X-ray systems is another vital growth driver for the global market. For instance, in October 2017, Siemens Healthineers launched new Cios Spin, a mobile C-arm in the U.S.

Moreover, with high generative power, the X-ray systems are capable of scanning the solid parts of the body, such as the hip, as well as the more dense tissue in obese patients. Such advancements have enabled easy and immediate viewing of images on the screen, which in turn has shifted the trend from conventional X-ray techniques to digital X-ray technique, as it does not a require processing before it can be viewed. Computed tomography (CT) scans are highly valuable during emergency cases, as they provide quick information while assessing strokes, heart diseases, and brain injuries.

Browse Press Release: https://bit.ly/3j8vaBP

In April 2017, Toshiba Medical introduced the new Aquilion Lightning computed tomography (CT), which provides high-quality images and aids in faster diagnosis. However, continuous exposure to the ionizing radiation, causes cell mutations, which results in an augmented risk of cancer. Therefore, this is factor that poses a major threat to the global market development.

Key Takeaways of the Global X-ray Market:

  • Asia Pacific, Latin America, and North America are foreseen to lead the global X-ray market, on account of the escalating prevalence of osteoporosis and introduction of novel technologies in these regions.
  • Based on modality, the portable segment is expected to gain traction over the forecast period, as portable devices are time-saving and reduce the chances of contracting hospital-acquired infections (HAIs).
  • The digital radiography segment is expected to exhibit rapid growth, as digital radiography reduces radiation exposure and improves the ability to detect diseases.
  • The hospital’s end-user segment would potentially lead the global X-ray market in the forthcoming years, with the burgeoning prevalence of cancer, fractures, and orthopedic disorders across the globe.
  • The well-known players operating in the global X- ray market include Siemens AG, Toshiba Medical Systems, Hitachi Medical Corporation, Shimadzu Corporation, Carestream Healthcare, Philips Healthcare, Canon, Inc., GE Healthcare, Bracco Imaging S.p.A, and Hologic, Inc.

Other Related Reports:

X-ray Security Scanner Market, by End User (Government, Commercial, and Transit Industry), By Application (People Scanning and Product Scanning), and by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Sterile X-Ray Detectable Lap Sponges Market, by Product Size (18X18, 12X12, 4X18, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis 2018 – 2026

Medical X-Ray Film Processor Market, by Product Type (Semi-Automatic Film Processor and Fully Automatic Film Processor), By Application (Hospitals, Specialty Clinics, Diagnostic Center, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis 2018 – 2026

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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