Portable X-ray Devices Market – Global Industry Analysis, Size, Share, Trends and Forecast, 2014 – 2022
X-ray is an electromagnetic ionizing radiation with a wide array of applications in a diversified range of industries. In healthcare industry, these ionizing radiations (X-ray) devices constitute largest market share of total diagnostic imaging market.
Portable X-ray Devices Market
Figure: Portable X-ray Devices Market Projection
X-ray is an electromagnetic ionizing radiation with a wide array of applications in a diversified range of industries. In healthcare industry, these ionizing radiations (X-ray) devices constitute largest market share of total diagnostic imaging market. The primary driving factors for this includes aging population, growing number of patients with chronic diseases, changing lifestyles, technological advancements, and increasing incidences of cancer and orthopedic diseases.
Rapid technological advancements, companies focus to meet unmet medical needs of patients, increasing support of government and private organizations to innovate technologies, and availability of large number of players in the market has led to the continuous improvement of advanced technologies and introduction of portable medical devices market with increase in image quality. The X-ray device technology has moved from analog imaging to digital imaging, and there is continuous improvements in image quality, dose reduction techniques, and efficiencies in workflow. Growing demand for home healthcare devices, and minimally invasive diagnostic devices are the main reasons for the adoption and development of portable X-ray devices. The market size for portable x-ray devices is expected to reach around USD 7.0 billion by 2022, growing at a CAGR of 9.7% during the forecast period of 2016 to 2022.
The demand for portable and mobile X-ray device, like other diagnostic imaging devices, has increased tremendously in the last few years and will continue to show an upper trend due to its convenience in use. Technology advancements also resulted in development of wireless X-ray detectors and portable devices. The cost can be reduced by minimizing the storage cost related to X-ray films. Increasing medical tourism in developing countries and increasing efficiency further expected to drive the portable X-ray devices market growth.
The report delivers a strategic analysis of the global portable X-ray market and growth forecast for the period from 2016 – 2022. The scope of the report includes segmental analysis based on type of technology, and also based on type of device. It also covers geographical analysis of the market with growth forecast for the period of 2016 – 2022. The geographic analysis section covers market for Americas, Europe, Asia-Pacific and MEA (Middle East and Africa). The Porter’s Five Forces analysis also included in the report provides an insight into market dynamics and industry competition.
Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, SWOT Analysis financial analysis, key executives and various business strategies adopted by them. This report will help players in global portable X-ray devices market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Toshiba Medical Systems Corporation
Varian Medical Systems Inc.