BRICS X-Ray Imaging Devices Market Outlook (2021-2031)

The BRICS X-ray imaging devices market is projected to grow from US$ 767.5 million in 2024 to US$ 1,008.0 million by 2031, reflecting a compound annual growth rate (CAGR) of 4.0% from 2025 to 2031.

Executive Summary and Market Analysis

The X-ray imaging devices market within the BRICS nations is both substantial and evolving. The collective economies of Brazil, Russia, India, China, South Africa, Egypt, Indonesia, the UAE, and Saudi Arabia are undergoing rapid economic growth and urbanization, leading to an increased demand for advanced medical technologies. There is a significant push towards digitalization in these markets, driven by the need to modernize healthcare systems and phase out outdated analog technologies. Despite challenges such as inconsistent healthcare standards and varying levels of investment in public and private sectors, the overall outlook remains optimistic. Additionally, there is a growing focus on accessibility, with an increasing demand for affordable, portable, and durable X-ray systems that can serve large and diverse populations, particularly in rural and underserved regions.

Market Segmentation Analysis

The analysis of the X-ray imaging devices market is categorized by product type, portability, technology, application, and end user.

Product Type: The market is divided into digital X-ray systems, dental X-ray systems, mammography systems, fluoroscopy systems, and conventional X-ray systems, with digital X-ray systems leading the market in 2024.
Portability: The market is segmented into stationary and portable devices, where stationary systems dominated in 2024.
Technology: The segments include direct radiography, computed radiography, and analog radiography, with direct radiography being the most prominent in 2024.
Application: This includes general radiography, dental imaging, mammography, fluoroscopy, orthopedic imaging, chest imaging, and others, with general radiography holding the largest share in 2024.
End User: The market is segmented into hospitals, specialty clinics, diagnostic imaging centers, ambulatory surgical centers, and others, with hospitals accounting for the largest market share in 2024.

Market Outlook

The X-ray imaging market in BRICS countries is on a steady growth path, fueled by increasing healthcare expenditures and efforts to modernize medical facilities. Investments from both government and private sectors in new hospitals and the replacement of outdated equipment with digital X-ray systems are enhancing the speed and quality of diagnostic results. Hospitals are particularly focused on improving care for chronic conditions that necessitate frequent imaging. Furthermore, the popularity of portable X-ray machines is rising in rural and remote areas, thereby improving access to diagnostics in regions with limited traditional healthcare infrastructure.

As disposable incomes rise and health awareness increases, the demand for superior imaging technologies continues to grow. The ongoing shift towards healthcare digitization is also significant, facilitating easier sharing of medical images and their integration into electronic health records. Collectively, these trends are driving consistent growth in the BRICS X-ray imaging market.

Country Insights

The BRICS X-ray imaging devices market can be further analyzed by country, including Russia, Brazil, South Africa, India, China, Egypt, Indonesia, Saudi Arabia, and the UAE. In 2024, China held the largest market share.

China is at the forefront of the BRICS X-ray imaging devices market, supported by its extensive healthcare network, robust domestic manufacturing capabilities, and favorable government policies. X-ray imaging is extensively utilized in hospitals, specialty centers, and rural clinics for various health issues, including maternal health, cancer, cardiovascular diseases, and emergency care. The country's commitment to enhancing healthcare accessibility has significantly increased the use of portable X-ray imaging systems, especially in underserved areas. Chinese manufacturers, such as Mindray, play a crucial role by producing affordable, high-quality devices tailored to local needs.

Moreover, China's regulatory environment promotes the rapid adoption of new technologies, including AI-driven imaging and teleradiology. The integration of X-ray imaging devices into national health initiatives and the expansion of private healthcare providers further bolster the market. With its combination of a large consumer base, technological advancements, and government backing, China remains a leader in the X-ray imaging devices sector within the BRICS group.

Company Profiles

Key players in the market include GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, Canon Inc., Koninklijke Philips N.V., SHIMADZU CORPORATION, Hologic, Inc., Konica Minolta, Inc., Carestream Health, and Samsung Healthcare. These companies employ strategies such as market expansion, product innovation, and mergers and acquisitions to maintain competitiveness and deliver innovative solutions to their customers. Show more