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Digital Mobile X-Ray Devices Market: Handheld Devices Segment Estimated to Register a High CAGR of 8.6% During the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026

Digital Mobile X-Ray Devices Market: Handheld Devices Segment Estimated to Register a High CAGR of 8.6% During the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026

The Mobile X-Ray product segment is the most attractive market segment, anticipated to showcase a healthy CAGR during the forecast period

Mobile X-Ray segment is the largest segment by product type in the global digital mobile X-Ray devices market, which is estimated to be valued at more than US$ 2,000 Mn in 2017, expanding at a CAGR of 7% over the forecast period. Mobile X-Ray segment is expected to create absolute $ opportunity of more than US$ 100 Mn in 2017 over 2016. The segment’s revenue in the global digital mobile X-Ray devices market is expected to grow 2.0x by 2026 end as compared to that in 2016. The Mobile X-Ray segment is projected to remain the most attractive in the global digital mobile X-Ray devices market with an attractiveness index of 1.8.

Stringent regulations, costly clinical trials and inadequate imaging infrastructure in developing economies likely to hinder the growth of the Mobile X-Ray segment

The high cost associated with the clinical trial process has been preventing mobile X-Ray device manufacturers to reach the stage of development, which is necessary to attract major original equipment manufacturers. In the case of diagnostic imaging equipment, clinical trials ideally should be conducted one year prior to the product launch. However, due to the regulatory restrictions, it has become difficult for manufacturers to conduct early stage trials and establish partnerships with local players. For instance, GE Healthcare used to conduct many clinical trials in Canada and had to shut many of its local operations due to the stringent government regulations. Stringent regulatory and product approval policies are expected to hinder the development of the Mobile X-Ray segment.

Inadequate imaging infrastructure in developing and underdeveloped economies is likely to create obstacles in the growth of the Mobile X-Ray segment. Currently, many of the developing and underdeveloped nations lack adequate imaging infrastructure useful to conduct test and technology implementation compared to the U.S and other developed nations. Developed nations have seen greater investments in diagnostic imaging and increased use of more advanced imaging techniques. However, the scenario is the contrast in some of the developing and underdeveloped economies. These economies lack widespread access to diagnostic imaging. In addition, high costs involved in the initial setup and installation of advanced imaging equipment and broadband technology in remote locations is one of the factors that could hamper the growth of the Mobile X-Ray segment.

The usage of medical imaging in the U.S. has increased dramatically over the last decade. Usage of diagnostic imaging devices has been the highest in the U.S. as compared to all OECD member nations. This has led to medical imaging emerging as the highest contributor to U.S. health care expenditure. As a result, certain reductions in Medicare payments have been observed in the last decade. Awareness of the superfluous usage of medical imaging has grown among physicians, and patients are increasingly becoming aware of the radiation hazards. Overall, the effect of these factors has been evident on the Mobile X-Ray device segment in the U.S. and thus, growth in the region has declined. Moreover, the U.S. is the trendsetter in major parts of the market, hence this effect could also trickle down to the other major markets.

The Mobile X-Ray segment is predicted to be the most attractive segment across the globe

In the MEA digital mobile X-Ray devices market, the Mobile X-Ray segment is forecast to be the most attractive segment by product type, recording an attractiveness index of 1.8 over the forecast period. In the Western Europe digital mobile X-Ray devices market, the Mobile X-Ray product type segment is expected to perform well during the period of assessment.


1.Executive Summary
2.Digital Mobile X-ray Devices Market Introduction
2.1.Market Definition
2.2.Market Taxonomy
2.3.Market Overview
3.Global Digital Mobile X-Ray Market Analysis Scenario
3.1.Market Volume Analysis
3.1.1.Installed Base By Region
3.1.2.Replacement Rate and Lifecycle Analysis
3.2.Market Size (US$ Mn) and Forecast
3.2.1.Market Size and Y-o-Y Growth
3.2.2.Absolute $ Opportunity
3.3.Market Overview
3.3.1.Value Chain
3.3.2.List of Active Participants
3.3.2.1.Component Suppliers
3.3.2.2.Integrators
3.3.2.3.Manufacturers
3.3.2.4.Distributors / Retailers
4.Market Dynamics
4.1.Macro-economic Factors
4.2.Drivers
4.2.1.Supply Side
4.2.2.Demand Side
4.3.Restraints
4.4.Opportunity
4.5.Forecast Factors – Relevance and Impact
4.6.Recent Advancements In Technology
5.Global Digital Mobile X-ray Devices Market Analysis and Forecast, By Product Type
5.1.Introduction
5.1.1.Basis Point Share (BPS) Analysis By Product Type
5.1.2.Y-o-Y Growth Projections By Product Type
5.2.Market Size (US$ Mn) and Volume (Units) Forecast By Product Type
5.2.1.Mobile X-ray Devices
5.2.2.Hand-held X-ray Devices
5.3.Market Attractiveness Analysis By Product Type
6.Global Digital Mobile X-ray Devices Market Analysis and Forecast, By Technology
6.1.Introduction
6.1.1.Basis Point Share (BPS) Analysis By Technology
6.1.2.Y-o-Y Growth Projections By Technology
6.2.Market Size (US$ Mn) and Volume (Units) Forecast By Technology
6.2.1.Computed Radiography
6.2.2.Direct Radiography
6.3.Market Attractiveness Analysis By Technology
7.Global Digital Mobile X-ray Devices Market Analysis and Forecast, By Application
7.1.Introduction
7.1.1.Basis Point Share (BPS) Analysis By Application
7.1.2.Y-o-Y Growth Projections By Application
7.1.3.Technology Roadmap
7.1.4.Comparative Analysis By Application
7.2.Market Size (US$ Mn) and Forecast By Application
7.2.1.Orthopedic Imaging
7.2.2.Chest Imaging
7.2.3.Dental Imaging
7.2.4.Other Application
7.3.Market Attractiveness Analysis By Application
7.4.Prominent Trends
8.Global Digital Mobile X-ray Devices Market Analysis and Forecast, By End User
8.1.Introduction
8.1.1.Basis Point Share (BPS) Analysis By End User
8.1.2.Y-o-Y Growth Projections By End User
8.1.3.Comparative Analysis By End User
8.2.Market Size (US$ Mn) and Forecast By End User
8.2.1.Hospital
8.2.2.Radiology Centers
8.2.3.Outpatient Clinics
8.2.4.Others
8.3.Market Attractiveness Analysis By End User
8.4.Prominent Trends
9.Global Digital Mobile X-ray Devices Market Analysis and Forecast, By Region
9.1.Introduction
9.1.1.Basis Point Share (BPS) Analysis By Region
9.1.2.Y-o-Y Growth Projections By Region
9.2.Market Size (US$ Mn) and Volume (Units) Forecast By Region
9.2.1.North America
9.2.2.Latin America
9.2.3.Western Europe
9.2.4.Eastern Europe
9.2.5.Asia Pacific Excl. Japan (APEJ)
9.2.6.Middle East and Africa (MEA)
9.3.Market Attractiveness Analysis By Region
10.North America Digital Mobile X-ray Devices Market Analysis and Forecast
10.1.Introduction
10.1.1.Basis Point Share (BPS) Analysis By Country
10.1.2.Y-o-Y Growth Projections By Country
10.1.3.Key Regulations
10.2.Market Size (US$ Mn) and Volume (Units) Forecast By Country
10.2.1.U.S.
10.2.2.Canada
10.3.Market Size (US$ Mn) and Volume (Units) Forecast By Product Type
10.3.1.Mobile X-ray Devices
10.3.2.Hand-held X-ray Devices
10.4.Market Size (US$ Mn) and Forecast By Application
10.4.1.Orthopedic Imaging
10.4.2.Chest Imaging
10.4.3.Dental Imaging
10.4.4.Other Application
10.5.Market Size (US$ Mn) and Forecast By End User
10.5.1.Hospital
10.5.2.Radiology Centers
10.5.3.Outpatient Clinics
10.5.4.Others
10.6.Market Attractiveness Analysis
10.6.1.By Country
10.6.2.By Product Type
10.6.3.By Technology
10.6.4.By Application
10.6.5.By End User
10.7.Prominent Trends
10.8.Drivers and Restraints: Impact Analysis
11.Latin America Digital Mobile X-ray Devices Market Analysis and Forecast
11.1.Introduction
11.1.1.Basis Point Share (BPS) Analysis By Country
11.1.2.Y-o-Y Growth Projections By Country
11.1.3.Key Regulations
11.2.Market Size (US$ Mn) and Volume (Units) Forecast By Country
11.2.1.Brazil
11.2.2.Mexico
11.2.3.Rest of Latin America
11.3.Market Size (US$ Mn) and Volume (Units) Forecast By Product Type
11.3.1.Mobile X-ray Devices
11.3.2.Hand-held X-ray Devices
11.4.Market Size (US$ Mn) and Forecast By Application
11.4.1.Orthopedic Imaging
11.4.2.Chest Imaging
11.4.3.Dental Imaging
11.4.4.Other Application
11.5.Market Size (US$ Mn) and Forecast By End User
11.5.1.Hospital
11.5.2.Radiology Centers
11.5.3.Outpatient Clinics
11.5.4.Others
11.6.Market Attractiveness Analysis
11.6.1.By Country
11.6.2.By Product Type
11.6.3.By Technology
11.6.4.By Application
11.6.5.By End User
11.7.Drivers and Restraints: Impact Analysis
12.Western Europe Digital Mobile X-ray Devices Market Analysis and Forecast
12.1.Introduction
12.1.1.Basis Point Share (BPS) Analysis By Country / Region
12.1.2.Y-o-Y Growth Projections By Country
12.1.3.Key Regulations
12.2.Market Size (US$ Mn) and Volume (Units) Forecast By Country
12.2.1.Germany

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