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Digital Mobile X-Ray Devices Market  Size, Analysis, Share, Research, Business Growth and Forecast to 2026

Future Market Insights, in its latest research, delivers key insights on the factors impacting the global digital mobile X-ray device market. According to the report, demand for digital mobile X-ray devices will continue to be fuelled by applications in orthopaedic- and chest-imaging. These two end-use applications accounted for 60% revenue share of the market in 2016.

Key Driving Factors

  • Increasing emphasis on diagnostic imaging services by various government bodies.
  • Increasing geriatric population – according to WHO, global geriatric population will reach 2 billion by 2050
  • Rising incidences of orthopaedic diseases and bone injuries – WHO estimates global prevalence of arthritis to between 0.3% and 1%
  • Contractual agreements and acquisitions by manufacturers
  • Increase in the number of free standing imaging centers

Key Restraints

  • High cost of clinical trials and stringent regulations have remained longstanding challenges for manufacturers
  • Lack of inadequate imaging infrastructure in developing countries. High cost associated with initial set up and installation has been identified as a major restraint
  • Increasing pressure on the healthcare budget in the U.S. and rising awareness among patients about the potential health impact of radiation

By product type, mobile devices will continue to outsell handheld devices. In 2016, of the US$ 7.67 Bn worth of digital X-ray devices sold, 91.5% were mobile devices. However, owing to their small base size, demand for handheld digital mobile X-ray devices will grow at a higher CAGR than mobile devices.Hospitals and radiology centers will continue to be the leading end-users of digital mobile X-ray devices globally. These two end-users collectively accounted for nearly 70% revenue share of the market in 2016.

Competitive Landscape Analysis
Leading companies in the global digital mobile X-ray devices market are General Electric Healthcare Limited, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V, Planmed OY, EOS Imaging, and Toshiba Medical Corporation. These leading companies are eyeing the lucrative APEJ market to capitalise on the growing opportunities.Future Market Insights maintains a positive outlook on the global digital mobile X-ray market, projecting it to grow at 7.1% CAGR through 2026.

Key segments covered in this report

By Region

North America

Latin America

Western Europe

Eastern Europe

APEJ

MEA

Japan

By Product

Mobile X-Ray

Hand-Held X-Ray Device

By Technology

Computed Radiography

Direct Radiography

By Application

Orthopaedic Imaging

Chest Imaging

Dental Imaging

Others

By End-User

Hospital

Radiology Centres

Outpatient Clinics

Other End Users

For More Information: https://www.futuremarketinsights.com/reports/digital-mobile-x-ray-market

 

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on Jun 27, 22