Medical X-ray Market - By Type (Digital, Analog), By Technology (Film-based Radiography, Computed Radiography, Direct Radiography), By Portability (Fixed Systems, Portable Systems), By Application (Dental, Veterinary), End-use & Forecast to 2032
Published on: 2024-08-01 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Medical X-ray Market - By Type (Digital, Analog), By Technology (Film-based Radiography, Computed Radiography, Direct Radiography), By Portability (Fixed Systems, Portable Systems), By Application (Dental, Veterinary), End-use & Forecast to 2032
Medical X-ray Market Size
Medical X-ray Market size reached USD 13 billion in 2022 and is poised to record 5.9% CAGR from 2023-2032. Rising popularity of detector-based digital radiography X-ray to accelerate industry growth.
The increasing prominence of diagnostic imaging procedures, such as x-ray examination procedures mainly amongst the geriatric population to counter the rising risk of chronic diseases will complement the medical X-ray industry progress. The surging awareness of early disease diagnosis has also proved favorable for the rising number of diagnostic procedures. The continuous advancements in medical imaging techniques, including computed tomography (CT) has further resulted in the rapid demand for X-ray procedures, further influencing the market revenue.
Report Attribute | Details |
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Base Year | 2022 |
Medical X-ray Market Size in 2022 | USD 13 Billion |
Forecast Period | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR | 5.9% |
2032 Value Projection | USD 23 Billion |
Historical Data for | 2018 to 2022 |
No. of Pages | 390 |
Tables, Charts & Figures | 621 |
Segments covered | Type, Technology, Portability, Application, End use and Region |
Growth Drivers |
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Pitfalls & Challenges |
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Increasing risks of high radiation exposure to hinder industry development
The declining patient preference for X-rays considering their risks of harming the body cells may pose as a constraint for the industry progress. X-rays have high energy as compared to light waves, and thus offer high-energy radiation, subsequently increasing the burden of cancer. Hence the rising number of performed x-ray tests may hinder the market share. X-rays also lead to ionizing radiations resulting in pre-and postnatal irradiation, bringing adverse health impacts for children.
Medical X-ray Market Analysis
Based on type, the medical X-ray market from the digital segment will exhibit more than 6.5% CAGR from 2023-2032. Digital X-ray systems limit the risk of radiation exposure and are hence increasingly preferred as they provide superior quality image in comparison to their analog counterparts. These systems offer enhanced image quality and enhancement, greater storage capacity, and smoother workflow. The continuous technological advancements as well as integration of digital technologies in X-ray devices is also helping in rendering superior quality images for better diagnosis, further driving the market size.
Medical X-ray market share from chest applications is poised to record over USD 6 billion by 2023 due to the rising need to produce images of bones of chest, airways, spine, blood vessels and lungs. Chest X-rays are used for diagnosing as well as monitoring the treatment of lung cancer, pneumonia, emphysema, heart problems, fractures, heart failure. It also looks at the placement of medical devices, such as catheters, pacemakers and defibrillators. The thriving requirement for detecting symptoms, including fever, breathing difficulties, persistent cough, and chest injuries will also accelerate the demand for chest X-rays.
Medical X-ray market from the fixed portability segment is slated to record USD 12.5 billion by 2032. The rising number of government investments for installing modern diagnostic equipment has spurred the adoption of fixed x-ray systems as they can be accessed in a wide variety of sizes and types in several high-end scientific applications. These systems also address the imaging needs across all clinical settings. The rising popularity of mammograms and dental x-rays for facilitating the imaging of skull, chest, extremities, spine, and abdomen will also add to the market outlook.
North America medical X-ray market valuation is expected to exceed USD 7.3 billion by 2032 owing to the rising burden of chronic and orthopedic ailments. As per the CDC (Centers for Disease Control and Prevention), chronic disease is one of the major cause of disabilities and death in the U.S., accounting for nearly 6 in 10 adults. The growing number of private and public investments have propelled the rising awareness regarding the advantages of early diagnosis. The presence of favorable demographic trends in the region will also compliment the industry landscape.
Medical X-ray Market Share
- Agfa Healthcare
- Allengers Medical
- Carestream Health
- Canon Medical Systems
- Dentsply Sirona Inc
- Fujifilm Corporation
- Konica Minolta
- GE Healthcare
- Hologic Inc
- Midmark Corporation
- Samsung Electronics Co Ltd
- Neusoft Medical systems
- Koninklijke Philips N.V
- PerkinElmer Inc
- Shimadzu Corporation
- Siemens Healthineers AG
- Varian Medical Systems, Inc.
are some leading participants in the medical X-ray industry.
The medical x-ray market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments
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By Type
- Digital
- Analog
By Technology
- Film-based radiography
- Computed radiography
- Direct radiography
By Portability
- Fixed systems
- Portable systems
By Application
- Dental
- Intraoral imaging
- Extraoral imaging
- Veterinary
- Oncology
- Orthopaedics
- Cardiology
- Neurology
- Others
- Mammography
- Chest
- Cardiovascular
- Orthopaedics
- Others
By End-use
- Hospital
- Diagnostic centers
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Poland
- Austria
- Slovakia
- Switzerland
- Czech Republic
- Norway
- Finland
- Sweden
- Denmark
- Benelux
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Taiwan
- Indonesia
- Vietnam
- Cambodia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE