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Handheld Backscatter X-Ray Device Market Incredible Opportunities, Growth with Industry Study, Detailed Analysis and Forecast to 2028

February 10th, 2023 Coherent Market Insights Releases

Handheld Backscatter X-Ray Device (HBXD) Market

Globally, the market of handheld backscatter X-Ray Device (HBXD) was priced at US$ 51.6 million in the year 2021 and is predicted to the extent of US$ 75.7 million by the end of the year 2028 at a CAGR of 5.6% from 2022 to 2028. The market of HBXD across the globe is observing robust strong growth owing to the rising demand for highly effective and convenient safety devices and rise in the figure of smuggling and terrorist activities. Furthermore, the positioning of highly effective safety solutions and the COVID_19 outbreak globally is anticipated to fuel the market growth. Though, factors like high handheld backscatter cost X-Ray devices and increase in demand for ergonomically intended equipment are anticipated to hinder the growth of the market.

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Global Market for HBXD (Handheld Backscatter X-Ray Device): Regional Insights

On the basis of geography, the market of HBXD worldwide is anticipated into Asia Pacific, Europe, North America, Latin America and Middle East & Africa.

Amongst region, North America is anticipated to own the major market share in the predicted period owing to the rise in the activities of the terrorists, rise in the placement of safety solutions, and rising demand for highly effective x-ray devices in this region. For example, Viken Detection in June 2020, declared the introduction of VALOR inventiveness to offer free or at a refurbished cost HBI-120 handheld –ray imagers to underfunded native departments of police. Viken Assisting Law-enforcement in the Opioid Response’s acronym is the VALOR. The Nighthawk-HBI series is also launched by Viken which is a net-gen handheld –ray imaging platform for interdiction of drug and other security missions. This is pushing the growth of the market.

Furthermore, Asia Pacific and Europe are anticipated to observe substantial market growth of HBXD across the globe due to increase in the activities of the terrorists, increase in need for highly effective security solutions in the region. For example, Westminster in February 2021 offered tracking down and a sourcing agency in UK with a number of Handheld Metal Detectors and an X-Ray Scanner. A Parcel Scanner and WG IS6040 –Ray Small Baggage is intended for screening hand baggage and small parcels at many high security places or at airports for material identification and threat isolations with great rapidity and accurateness.

Global Market for HBXD (Handheld Backscatter X-Ray Device) Drivers

Demand for highly effective security solutions to increase growth of the market

The chief factor anticipated increasing the market of the Handheld Backscatter X-Ray Device (HBXD) and its growth worldwide in the predicted period is the rising demand for highly effective and convenient security solutions. Videray Technologies Inc. in October 2022, declared the introduction of PX Ultra, the HBXI (Handheld Backscatter X-Ray Device Imager). The PX Ultra helps the operators in seeing confidently through even more material, with the skill in identifying irregularities through till 10mm of steel. Additionally, this advanced infiltration, the PXI Ultra packs smoothly with security features, with an issue of two discounts in its radiation scatter and leakage profiles.

Rise in the activities of the terrorists to strengthen growth of the market

The other factor which is pushing the market of HBXD and its growth worldwide is the rise in number of terrorist attacks and the increase in the activities of the smugglers (smuggling activities) globally. For example, as per DEA (Drug Enforcement Administration), heroin, fentanyl and methamphetamine mostly in U.S. are traded (trafficked) across the border of Southwest. As per WOLA (Washington Office on Latin America), over 90% of heroin paid out in the U.S. now originates from Mexico. Therefore, as a whole the commercial vehicles and private passenger vehicles are scanned at the border.

Global Market for HBXD (Handheld Backscatter X-Ray Device) Opportunities

Increase in positioning of the highly effective solutions across the world is anticipated to provide opportunities of growth for the market players in the market of HBXD. For example, in the first half of 2020, in United States CBPA (Customs and Border Protection Agency) intends to set up and test various X-Ray systems for imaging at ports near the southern border. Their aim is to target and prescreen ampules and in developing extra analytical clues in relation to the threat of the terrorists to the cargos intended to the U.S. CBP offers safety and operations facilitating at about 328 ports for entry all through the country.

The global pandemic of COVID-19 and its outbreak is anticipated to provide substantial opportunities of growth for the companies operating in the market of HSXD worldwide. Handheld backscatter –ray devices have noticed an increase in need among the situation of the COVID-19. For example, till 2020, Viken Detection with its VALOR program controlled the police departments based in U.S. across Oklahoma, Georgia, Mississippi, Tennessee and Indiana for training sessions in Burlington facility for use of HBI-120 to safeguard the active defense of the public from the opioid crisis among COVID-19 pandemic of coronavirus led threats.

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Global Market for HBXD (Handheld Backscatter X-Ray Device) Trends

Device miniaturization is a new trend

The trend of device miniaturization and the easiness of application have run the handheld variants development. Though, these kinds are needed to be equally or at time more classy than the ones which are fixed. Therefore, the market players are emphasizing on expanding and introducing a new handheld backscatter X-ray devices across the world. This tendency is anticipated to last in the predicted period, pushing the market growth of HBXD.

Rise in placement is the other trend

The duties and the organizations providing protection at the borders are protrusive end users of the X-ray devices of the handheld backscatter. The incidences of illegitimate trading of drug, currency, arms, ammunitions, explosives and other materials are rising across the world. Handheld devices play vital part in identification of the aforesaid materials in preventing the illegal trades and improve the security of the nation, pushing the growth of the market.

Global Market for HBXD (Handheld Backscatter X-Ray Device) Restraints

High handheld devices’ cost to hamper the growth of the market

The chief factor anticipated to hinder the market of HBXD and its growth worldwide is the high handheld backscatter X-ray device’s cost. The backscatter devices’ cost is much high since the technology is novel and vendors are less. For example, American Science and Engineering provides its Mini Z Handheld backscatter X-ray imaging system at about US$ 49,000. Though, the rise in R&D and the tendency of devices miniaturization is anticipated to decrease the backscatter devices’ cost.

Demand for ergonomically intended equipment to hinder the growth of the market

The other factor which is hindering the market of HDXD and its growth is the rise in demand for ergonomically intended equipment. The ergonomic product’s design is not yet standardized. Furthermore, the present dimensions and the product’s weight are not at all apt for professional to grip it for a longer time. Though, miniaturization is anticipated to lessen the weight and also the device’s size.

Global Market for HBXD (Handheld Backscatter X-Ray Device) Segmentation

Globally, the market report for HBXD is divided into End Users and Region.

On the basis of end users, the market for HBD is divided into Law Enforcement, Military and Defence, Customs and Border Protection, Critical Infrastructure, and Other End Users. Amongst which, the segment of Customs and Border Protection is anticipated to control the market of HBXD in the predicted period and this is credited to the increase in smuggling and terrorists activities worldwide.

The segment of law enforcement is anticipated to observe substantial growth in the coming future and this is due to the increase in placement of highly effective security solutions in the law enforcement departments worldwide.

Global Market for HBXD (Handheld Backscatter X-Ray Device): Key Developments

Viken Detection in June 2021 declared that Federal Resources, its channel partner, awarded the company a contract of amount US$ 2.5 Mn from the United States Drug Enforcement Administration (USDEA) for Viken Detection’s NIGHTHAWK –HBI handheld X-ray imager.

Rapiscan Systems Inc. in April 2021 got a contract of value about US$ 6 Mn for critical set-up facility operation and upkeep of services. The Rapiscan System and AS&E cargo, parcel, vehicle and personnel explosives and the smuggled goods (contraband) detection systems will be functioned and repaired by the company.

The Mississippi Department of Public Safety in July 2020 pronounced the calculation of the handheld X-ray imager, VIKEN which is needed for law enforcement in order to scan cars & buildings to detect banned weapons, cash, contraband, explosives, concealed narcotics, and other things covered or hidden in compartments.

Viken Detection in June 2020 announced the introduction of handheld and under-vehicle X-ray systems that is used to scan vehicles for hidden cash, weapons and drugs that may aid in preventing illegal drug and smuggling of guns at the border of US-Mexico.

Global Market for HBXD (Handheld Backscatter X-Ray Device): Key Companies Insights

Globally, the market of HBXD is very much competitive in nature. This is credited to the increase in need for highly effective backscatter X-ray devices, consequently, market players are emphasizing on introducing new products in the market.

The main companies in the market of HBXD worldwide include: Nutech Company Limited, Viken Detection (formerly Heuresis Inc.), and Rapiscan Systems Inc. (a part of OSI Systems Inc.), among others.

Enquire for customization in Report @ https://www.coherentmarketinsights.com/insight/request-customization/5494

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By End Users
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Rise in demand for highly efficient backscatter X-ray devices
      • High cost of handheld backscatter X-ray devices
      • Rise in deployment of highly efficient security solutions
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario

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 sales 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 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:

Mr. Shah

Coherent Market Insights Pvt Ltd,

533 Airport Boulevard, Suite 400, Burlingame

CA 94010, United States

Email: sales@coherentmarketinsights.com

Phone: U.S.: +1-206-701-6702

U.K.: +44-020-8133-4027

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