Today, portable x-ray devices are widely available in the market. With the advancement of technology, these portable devices are becoming increasingly popular in medical practice. This increase is primarily due to higher life expectancy in both developed and developing countries. The aging population is prone to fractures from accidents and falls. Thus, the use of mobile X-ray devices in medical facilities is highly important. Increasing awareness about health issues, growing disposable income, and the proliferation of government-sponsored health care programs are all contributing factors to the growth of this market.
The global digital mobile X-ray devices market is estimated to account for US$ 2,767.0 Mn in terms of value in 2019 and is expected to reach US$ 4,787.0 Mn by the end of 2027.
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Global Digital Mobile X-ray Devices Market: Drivers
Growing demand for portable imaging devices is projected to propel growth of the global digital mobile X-ray devices market.
Digital mobile X-ray devices are portable. These device avoid transports and extra movements of patients. These devices also reduce the number of visits required to the radiology department for chest, skeletal and abdominal X-ray examinations, which may otherwise cause discomfort among patients with severe health conditions. Radiograph examinations using mobile imaging equipment also offer less processing speed and eliminate long wait-times. Such advantages are expected to boost demand for digital mobile X-ray.
Global Digital Mobile X-ray Devices Market: Opportunities
Currently, the global digital mobile X-ray devices market is facing intense competition from re-manufactured and low cost equipment manufacturers in developing nations. The growing price-sensitivity in the healthcare has created an opportunity for new low scale equipment to replace with new advanced devices. Similarly, China-made low-cost medical devices have put downward price pressure. Thus, the growing adoption of low-cost and low-end imaging devices is limiting access to advanced imaging platforms.
Global Digital Mobile X-ray Devices Market: Restraints
Growing pressure on healthcare budget in the U.S. is projected to restrict growth of the global digital mobile X-ray devices market. The U.S. has witnessed rapid increase in the use of advanced medical imaging technology in the recent past. Thus, medical imaging systems have emerged as the highest contributor to the healthcare expenditure in the U.S. This has led to certain reductions in Medicare payments. These factors are expected to limit growth of the market over the forecast period.
Key Takeaways:
Mobile devices segment in the global digital mobile X-ray devices market was valued at US$ 2,370.1 Mn in 2018 and is expected to reach US$ 4,343.7 by 2027 at a CAGR of 7.0% during the forecast period.
Mobile x-ray devices offer advantages such as ease of use, and they can be taken patient’s bedside. Additionally, producers such as GE Healthcare, Medtronic, and others offer advanced mobile x-ray devices in the market.
The orthopaedic imaging segment held dominant position in the global digital mobile X-ray devices market in 2018, accounting for 38.2% share in terms of value, followed by chest imaging and dental imaging, respectively.
Rise in prevalence of fractures and orthopedic disorders globally is also anticipated to augment market growth. According to World Health Organization (WHO), 2017, around 37.3 million falls occur every year, it may lead to fracture or bone injuries.
The hospitals segment held dominant position in the global digital mobile X-ray devices market in 2018, accounting for 31.8% share in terms of value, followed by radiology centers and outpatient clinics, respectively.
Patients often visit hospitals as a first priority for any medical care they need. Hospitals are well equipped with necessary medical equipment such as x-ray devices, and others to cater to medical needs of the patients. These factors are projected to support growth of the segment over the forecast period.
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Market Trends
The market is also experiencing integration of Artificial Intelligence (AI) in digital mobile X-ray devices. AI algorithms can be used to detect various modalities and can reduce the time required for diagnosis.
In the U.S., hospitals are installing digital mobile X-ray devices. For instance, in January 2018, Hawarden Regional Healthcare, MercyOne Primghar Medical Center, and Osceola Community Hospital in Sibley each received grant funds from The Leona M. and Harry B. Helmsley Charitable Trust’s Rural Healthcare Program for purchasing Shimadzu MX8 digital mobile X-ray system and a fixed Shimadzu RADspeed Pro digital X-ray machine.
Global Digital Mobile X-ray Devices Market: Competitive Landscape
Major players operating in the global Toshiba Corporation, Carestream Health, General Electric Company, Hitachi Ltd., Siemens Healthcare Private Limited, Koninklijke Philips N.V., Shimadzu Corporation, MinXray Inc., Samsung, and KA Imaging.
Global Digital Mobile X-ray Devices Market: Key Developments
- In November 2019, Canada-based KA Imaging announced its plans to launch Reveal, a portable digital X-ray detector capable of separating different energy levels
- In September 2019, The U.S. Food and Drug Administration gave clearance to Critical Care Suite, a platform on a mobile X-ray device developed in partnership with UC San Francisco and GE Healthcare’s Edison AI technology
Segmentation
- By Product Type
- Mobile Devices
- Handheld Devices
- By Technology
- Computed Radiography
- Direct Radiography
- By Application
- Orthopaedic Imaging
- Chest Imaging
- Dental Imaging
- Others
- By End User
- Hospitals
- Radiology Centers
- Outpatient Clinics
- Others
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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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 Digital Mobile X Ray Devices Market Size Analysis from 2022 to 2028
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 (2017-2022)
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 (2022-2028)
Chapter 16 Conclusions
Research Methodology
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