Global Portable Radiography Equipment Market, By Mobility (Stationary, Mobile), Technology (Computed Radiography X-Ray Devices, Digital Radiography X-Ray Devices, Analog X-Ray Devices), End Use (Hospital, Diagnostic Centers, Mobile Imaging Centers)– Industry Trends and Forecast to 2029
Portable Radiography Equipment Market Analysis and Size
The market for portable radiography equipment is anticipated to expand during the forecast period of 2022 and 2029. The demand for radiography test equipment is rising in a number of industries, including aerospace, automotive, oil and gas, energy and power, construction, and others. The expanding need for portable radiography test equipment is also boosting this market's expansion.
Data Bridge Market Research analyses that the portable radiography equipment market which was USD 6,437.8 million in 2021, would rocket up to USD 10,260.88 million by 2029, and is expected to undergo a CAGR of 6.00% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Mobility (Stationary, Mobile), Technology (Computed Radiography X-Ray Devices, Digital Radiography X-Ray Devices, Analog X-Ray Devices), End Use (Hospital, Diagnostic Centers, Mobile Imaging Centers)
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Countries Covered
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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.
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Market Players Covered
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STERIS (U.S.), Getinge AB (Sweden), 3M (U.S.), Sotera Health (U.S.), Fortive (U.S.), Cardinal Health (U.S.), Metall Zug AG (Switzerland), Stryker (U.S.), Merck KGaA (Germany), MMM Group (Germany), MATACHANA GROUP (Spain), Tuttnauer (Netherlands), Andersen Sterilizers (U.S.), Steelco S.p.A. (Italy), Noxilizer, Inc. (U.S.), DE LAMA S.P.A. (Italy), Cosmed Group (U.S.), C.B.M. S.r.l. Medical Equipment (Italy), E-BEAM Services, Inc. (U.S.)
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Market Opportunities
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Market Definition
The term "portable" radiography systems refer to a subset of "mobile" radiographic equipment that possesses particular physical and technological traits that primarily, but not exclusively, influence the system's portability, management, and clinical applications. Radiographic equipment in medicine is typically not approved for a specific use or indication. Additionally, there are no widely acknowledged standards of practice or recommendations for using CBCT technologies.
Portable Radiography Equipment Market Dynamics
Drivers
- Rising chronic diseases
The factors anticipated to propel growth of the portable radiography equipment market in the forecast period of 2022 to 2029 include rising R&D activities in the healthcare sector, rising demand for effective diagnostic imaging techniques due to surge in incidence of chronic diseases such as cancer, appendicitis, and arthritis, and growing demand for patient-centric medical care. This will boost the market growth.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of portable radiography equipment market is the rising healthcare expenditure, which helps improve its infrastructure. Also, various government organizations aim to improve the healthcare infrastructure by increasing funding, which will further influence the market dynamics.
- Rise in the geriatric population
The rising prevalence rates of lifestyle disorders like rising healthcare spending, and the fast-growing diagnostic industry are driving the worldwide portable radiography equipment market expansion. In addition, the growing elderly population, increased demand for laboratory automation, and more awareness of preventative healthcare are all driving the portable radiography equipment market forward.
Opportunities
- Rise in ageing population
The portable radiography equipment market's growth is fuelled by growing ageing and geriatric population. This will provide beneficial opportunities for the portable radiography equipment market growth.
Moreover, increasing the number of emerging markets and new product launches will further provide beneficial opportunities for the growth of portable radiography equipment during the forecast period.
Restraints/Challenges
- Stringent regulations
On the other hand, stringent regulatory scenarios in the developed regions and the high radiation risk will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the portable radiography equipment market.
This portable 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 localized 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 the portable radiography equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In August 2020, Canon Medical introduced the SOLTUS 500 Mobile Digital X-ray to the US market for improved performance and mobility. The improvements in this new system can simplify bedside examinations, enhancing efficiency and workflow. Over the projected time, all these advancements are predicted to strengthen the market
- In March 2022, AeroDR TX m01 was introduced by Konica Minolta Inc. (Konica Minolta) in Japan. It is a wireless dynamic digital radiography-capable portable X-ray system
- In March 2021, The PORTABLE X-RAY UNIT FDR Xair XD2000, Fujifilm's first portable X-ray machine, was introduced by Fujifilm India Private Limited
- In March 2019, Interventional radiology needs were met by a new Alphenix 4D CT setup in Tustin, California. The AlphenixTM 4D CT, which includes its Alphenix Sky + C-arm and Hybrid Catheterization Tilt/Cradle Table for intervention, is a new, cutting-edge angiography configuration that Canon Medical Systems USA, Inc. planned to display at this year's Society of Interventional Radiology (SIR) 2019.
Global Portable Radiography Equipment Market Scope
The portable radiography equipment market is segmented on the basis of mobility, technology and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Mobility
- Stationary
- Mobile
Technology
- Computed Radiography X-Ray Devices
- Digital Radiography X-Ray Devices
- Analog X-Ray Devices
End Use
- Hospital
- Diagnostic Centers
- Mobile Imaging Centers
Portable Radiography Equipment Market Regional Analysis/Insights
The portable radiography equipment market is analysed and market size insights and trends are provided by country, mobility, technology and end use as referenced above.
The countries covered in the portable 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 portable radiography equipment market due to the rapidly advancing healthcare infrastructure, rising chronic disorders, and the presence of technologically advanced players in this region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and the growing demand of advanced medical technology.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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
The portable 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 portable radiography equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the portable radiography equipment market. The data is available for historic period 2010-2020.
Competitive Landscape and Portable Radiography Equipment Market Share Analysis
The portable 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 portable radiography equipment market.
Some of the major players operating in the portable radiography equipment market are:
- STERIS (U.S.)
- Getinge AB (Sweden)
- 3M (U.S.)
- Sotera Health (U.S.)
- Fortive (U.S.)
- Cardinal Health (U.S.)
- Metall Zug AG (Switzerland)
- Stryker (U.S.)
- Merck KGaA (Germany)
- MMM Group (Germany)
- MATACHANA GROUP (Spain)
- Tuttnauer (Netherlands)
- Andersen Sterilizers (U.S.)
- Steelco S.p.A. (Italy)
- Noxilizer, Inc. (U.S.)
- DE LAMA S.P.A. (Italy)
- Cosmed Group (U.S.)
- C.B.M. S.r.l. Medical Equipment (Italy)
- E-BEAM Services, Inc. (U.S.)
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