Medical X-ray Market was estimated at USD 13.7 billion in 2022 and is poised to reach at 21.8 billion in 2030 anticipated to expand at a compound annual growth rate approx. CAGR of 6.0% for the forecast period of 2023-2030.
The medical X-ray market has witnessed significant growth in recent years, driven by the increasing prevalence of chronic diseases and the growing aging population worldwide. X-ray imaging plays a crucial role in diagnosing various medical conditions, enabling healthcare professionals to visualize internal structures and identify abnormalities.
One of the key factors contributing to the expansion of the medical X-ray market is technological advancements. Manufacturers are constantly innovating to develop more advanced and efficient X-ray systems that offer improved image quality, reduced radiation exposure, and enhanced patient comfort. Digital radiography (DR) and computed tomography (CT) have emerged as popular technologies within the medical X-ray market, offering higher resolution images and faster processing times.
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Moreover, rising awareness about early disease detection and preventive healthcare has led to an increased demand for diagnostic imaging procedures, including X-rays. Governments and healthcare organizations are also investing in modernizing their healthcare infrastructure, further driving the growth of the medical X-ray market.
Furthermore, the COVID-19 pandemic has highlighted the importance of X-ray During the pandemic, X-ray technology has played a crucial role in diagnosing and monitoring COVID-19 patients, emphasizing its significance in the field of healthcare.
KEY MARKET SEGMENTS
By Modality
- Radiography
- Fluoroscopy
- Mammography
By Technology
- Digital radiography
- Computed radiography
By Mobility
- Stationary
- Mobile
By End-use
- Hospitals
- Diagnostic imaging centres
Major Players Listed in the Report are as Follows:
Koninklijke Philips N.V., Siemens Healthineers AG, GE Healthcare, Canon Medical Systems, Shimadzu Corporation, FUJIFILM SonoSite, Inc., Carestream, Mindray Medical International Limited, Hologic, Inc, New Medical Imaging, AGFA and others.
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