Global Medical X-Ray 2D-Radiography Equipment Market, By Type (Digital, Analog), Product Type (Stationary Digital Radiology Systems and Portable Digital Radiology Systems), Technology (Film-based Radiography, Computed Radiography [CR] and Direct Radiography [DR]), Portability (Fixed and Portable), Application (Dental, Veterinary, Mammography, Chest, Cardiovascular, Orthopaedics and Others), End Users (Hospitals, Diagnostic Centres and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Medical X-Ray 2D-Radiography Equipment Market
Data Bridge Market Research analyses that the medical x-ray 2D-radiography equipment market will exhibit a CAGR of around 4.12% for the forecast period of 2021-2028. Rising demand for portable medical x-ray machines, rising technological advancements in the medical x-ray 2D-radiography equipment and rising expenditure on the healthcare infrastructure development are the major factors attributable to the growth of medical x-ray 2D-radiography equipment market. This means that the market value, which was USD 2,759.37 Million in 2020 will rocket up to USD 3,811.39 Million by the year 2028.
X-ray machines are the medical devices that use electromagnetic radiation waves to image what is inside the human body. X-rays are generally used to examine the bones, joints and soft tissues. A bone fracture is one of the examples of problems detected by x-rays. Similarly, radiography provides images of the tissues, organs, bones, and vessels. Radiography is a type of x-ray procedure.
Rising prevalence of bone fractures is one of the major factors fostering the growth of medical x-ray 2D-radiography equipment market. Rising expenditure for research and development activities, rising prevalence of road accidents and rising personal disposable income are some other indirect market growth determinants. Rising technological advancements in the healthcare sector will further generate lucrative market growth opportunities.
However, high costs associated with installing the equipment will act as a major market growth restraint. High operational and maintenance costs will further derail the market growth rate. Unfavourable reimbursement policies especially in the developing economies will further pose challenges for the market growth.
This medical x-ray 2D-radiography equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on artificial pancreas systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Medical X-Ray 2D-Radiography Equipment Market Scope and Market Size
The medical x-ray 2D-radiography equipment market is segmented on the basis of type, product type, technology, portability, application and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the global medical x-ray 2D-radiography equipment market has been divided into direct and analog.
- On the basis of product type, the market is segmented into stationary digital radiology systems and portable digital radiology systems. Stationary digital radiology systems segment is sub-segmented into ceiling-mounted systems, floor-to-ceiling mounted systems. Portable digital radiology systems segment is sub-segmented into handheld radiology systems and mobile radiology systems.
- On the basis of technology, the market is segmented into film-based radiography, computed radiography [CR] and direct radiography [DR].
- On the basis of portability, the market is segmented into fixed and portable.
- On the basis of application, the market is segmented into dental, veterinary, mammography, chest, cardiovascular, orthopaedics and others. Dental segment is sub-segmented into intra-oral and extra-oral. Veterinary segment is sub-segmented into oncology, orthopaedics, cardiology and neurology.
- Based on the end users, the medical x-ray 2D-radiography equipment market has been segmented as hospitals, diagnostic centres and others.
Medical X-Ray 2D-Radiography Equipment Market Country Level Analysis
The medical x-ray 2D-radiography equipment market is analysed and market size insights and trends are provided by country, type, product type, technology, portability, application and end users as referenced above.
The countries covered in the medical x-ray 2D-radiography equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical x-ray 2D-radiography equipment market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing sophisticated level of healthcare facilities coupled with the rising advancement in the imaging systems and technology. Concentration of major key players in this region is also fostering the growth of the region in the global medical x-ray 2D-radiography equipment market. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the rising number of road accidents, rising cases of bone fractures coupled with increased expenditure on healthcare infrastructure.
The country section of the medical x-ray 2D-radiography equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Medical x-ray 2D-radiography equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical x-ray 2D-radiography equipment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Medical X-Ray 2D-Radiography Equipment Market Share Analysis
The medical x-ray 2D-radiography equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical x-ray 2D-radiography equipment market.
The major players covered in the medical x-ray 2D-radiography equipment market report are GENERAL ELECTRIC COMPANY, TOSHIBA CORPORATION, Koninklijke Philips N.V., Carestream Health., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Ziehm Imaging GmbH, Canon Inc., FUJIFILM Holdings Corporation, GMM PFAUDLER., Danaher., PLANMECA OY, VATECH, J. MORITA CORP., Villa Sistemi Medicali Spa., Midmark Corporation., Apteryx Imaging Inc., Varian Medical Systems, Inc., Hamamatsu Photonics K.K., KA Imaging and Goodhealth Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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