Digital Mobile X-Ray Devices Market is expected to reach a valuation of US$ 6.9 Billion by 2032 | FMI Study

The global Digital Mobile X-Ray Devices Market is anticipated to be valued at US$ 3.6 billion by the end of 2022, with a 6.6% CAGR hitting US$ 6.9 billion by 2032. According to a recent report, mobile devices owned 91.3% of the worldwide digital mobile X-ray devices market share in 2021.

Portable X-ray machines are moveable or mobile X-ray machines utilised for various diagnostic imaging applications such as orthopaedic imaging, chest imaging, dental imaging, and so on. In comparison to other imaging technologies, these portable gadgets have reduced radiation exposure hazards.

Advances in X-ray imaging technology have made it easier for clinicians to determine anatomical features and anomalies. Portable X-ray equipment are extensively utilised in emergency situations where patients do not need to go to imaging centres. Similarly, the introduction of wireless and low-power portable X-ray technology gives several benefits to clinicians and patients worldwide.

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APEJ is the emerging region of the market followed by India and China.

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
• Increasing adoption of 3D medical imaging equipment, especially in the field of orthopaedics
• Increase in the number of free-standing imaging centers

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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

Region-wise Analysis and Forecast

• North America is the largest market for digital mobile X-rays globally. Demand for digital mobile X-ray devices in the region is fuelled by strong sales in the U.S.
• North America’s revenue share of the global market was nearly 32% in 2016. Owing to increasing demand in Asia Pacific excluding Japan (APEJ), Latin America, and Japan, North America will witness a slight dip in revenue share over the forecast period.
• APEJ is projected to be the fastest growing market for digital mobile X-ray devices globally. The market in the region is expected to grow on account of high volume demand from China and India.
• The Eastern Europe digital mobile X-ray market will witness slowest growth among all regions.

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Competitive Landscape Analysis

• Canon Inc.,
• Carestream Health
• General Electric
• Siemens Healthcare
• Koninklijke Philips N.V.
• FUJIFILM Corporation
• Shimadzu Corporation
• Ziehm Imaging GmbH
• MinXray, Inc.

Key Market Segments Covered in the Digital Mobile X-Ray Devices Market

By Product:

• Mobile Devices
• Handheld Devices

By Technology:

• Computed Radiography
• Direct Radiography

By Application:

• Orthopedic Imaging
• Chest Imaging
• Dental Imaging
• Others

By End User:

• Hospitals
• Radiology Centers
• Outpatient Clinics
• Others

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