Global Digital Mobile X-ray Devices market analysis
Overview
A digital mobile X-ray is a wearable imaging instrument that is used to visualize ligaments, bone, and other internal body structures. It’s used to diagnose surgical action, fractures, post-surgical injuries, ligament tears, arthritis, and joint dislocations, among other diseases and disorders.
The global digital mobile X-ray devices market is projected to hit US$ 4,787.0 million by the end of 2027, with a market valuation of US$ 2,767.0 million in 2019.
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Drivers
During the forecast period, the global digital mobile X-ray devices market is anticipated to expand due to the high prevalence of orthopaedic disorders and bone injuries. As per a survey ‘Osteoarthritis in Europe: Impact on health status, work productivity and use of pharmacotherapies in five European countries’ that focused at the effects of peripheral joint osteoarthritis in five European countries, the Italy (7.1%), France (25.6%), UK (43.6%), Spain (8.4%), and Germany (15.2%) all had high rates of peripheral joint osteoarthritis, with the majority of cases ranging from 55 to 74 years old.
Furthermore, an increase in the number of orthopaedic operations is intended to assist the growth of the global digital mobile X-ray devices market during the forecast period. As per the American Academy of Orthopedic Surgeons, primary overall joint replacement will increase by 171 percent by 2030, and primary total knee replacement will increase by up to 189 percent, resulting in 635,000 and 1.28 million operations in the United States, respectively.
In terms of value, North America dominated the global digital mobile X-ray devices market in 2018, contributing for 31.8 percent of the market, led by Europe.
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Restraints
High expanses and strict regulations associated with the clinical trials are expected to slow development of the global wireless mobile X-ray devices market. In the case of diagnostic imaging instruments, clinical trials should be completed one year prior to the product launch. However, producers have found it difficult to perform early stage trials and form partnerships with local players due to regulatory constraints.
In addition, the growth of the global digital mobile X-ray devices market is projected to be hampered by a lack of imaging facilities in developed countries. In comparison to the U.S. and other developed countries, most of the emerging countries currently lack sufficient imaging facilities for conducting tests and technological deployment. This can be due to emerging economies’ limited expenditure in diagnostic imaging. Furthermore, the high initial cost of setting up and installing sophisticated imaging equipment and broadband technologies are preventing their widespread acceptance in developing economies.
Opportunities
During the forecast period, the growing geriatric population is expected to lead to a rise in the occurrence of orthopaedic diseases, providing attractive growth prospects for players in the global digital mobile X-ray devices market. As per the World Health Organization, the global geriatric population will cross 2 billion by 2050, up from 900 million in 2015.
Operating digital handheld X-ray equipment necessitates the expertise of a trained physician. In developing markets, trained workers are in short supply. This problem can be solved by providing proper instruction on how to use modern imaging instruments and computer programmes.
The mobile devices segment of the global digital mobile X-ray devices market was worth US$ 2,370.1 million in 2018, which is projected to grow at a CAGR of 7.0 percent to US$ 4,343.7 million by 2027.
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Market Trends
The global digital mobile X-ray devices market is benefiting from rising digitalization in the healthcare sector. Sentara Halifax Regional Hospital (U.S.) and its affiliated physician practises launched Sentara eCare, a new interactive network for health care delivery that provides an advanced electronic medical record, patient portal, mobile phone access, and registration and billing tools, in January 2020.
Several firms rent out wireless handheld X-ray machines in developing economies like India. KWIPPED Soma Technology, Inc., Chesapeake Medical Systems, and FlexXray are among these businesses.
Competitive Landscape
Key companies contributing in the global digital mobile X-ray devices market are General Electric Company, Carestream Health, Koninklijke Philips N.V., Toshiba Corporation, KA Imaging, Samsung, Shimadzu Corporation, MinXray Inc., Siemens Healthcare Private Limited, and Hitachi Ltd.
Key Developments
The market’s key players are concentrating on implementing different marketing campaigns in order to increase their market share. At the annual meeting of the Radiological Society of North America in December 2019, Carestream Health demonstrated emerging medical imaging technology such as the DRX-Revolution Mobile X-ray System, Focus 35C Detector and Image Suite Software, and a three-dimensional expansion of general radiography through optical tomosynthesis (DT) features (RSNA). Similarly, in December 2019, Samsung showcased ceiling X-ray GC85A and mobile X-ray GM85, which have been granted Authorization to Operate (ATO) for the RMF (Risk Management Framework) program at the annual meeting of the RSNA.
Main points in Digital Mobile X Ray Devices Market Report Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Digital Mobile X Ray Devices Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Digital Mobile X Ray Devices Industry Impact
Chapter 2 Global Digital Mobile X Ray Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Digital Mobile X Ray Devices (Volume and Value) by Type
2.3 Global Digital Mobile X Ray Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Digital Mobile X Ray Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Digital Mobile X Ray Devices Market Analysis
Chapter 6 East Asia Digital Mobile X Ray Devices Market Analysis
Chapter 7 Europe Digital Mobile X Ray Devices Market Analysis
Chapter 8 South Asia Digital Mobile X Ray Devices Market Analysis
Chapter 9 Southeast Asia Digital Mobile X Ray Devices Market Analysis
Chapter 10 Middle East Digital Mobile X Ray Devices Market Analysis
Chapter 11 Africa Digital Mobile X Ray Devices Market Analysis
Chapter 12 Oceania Digital Mobile X Ray Devices Market Analysis
Chapter 13 South America Digital Mobile X Ray Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Digital Mobile X Ray Devices Business
Chapter 15 Global Digital Mobile X Ray Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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