North America X Ray Systems Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2029 |
Market Size (Base Year) |
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Market Size (Forecast Year) |
USD 6,862.47 Million |
CAGR |
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Major Markets Players |
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North America X-Ray Systems Market, By Type (Analog X-Ray and Digital X-Ray), Technology (Computed Radiography and Direct Radiography), Price (Low-end Digital X-ray Systems, Mid-Range Digital X-Ray Systems and High-End Digital X-Ray Systems), Portability (Fixed Digital X-Ray Systems and Portable Digital X-Ray Systems), System (Retrofit Digital X-Ray Systems and New Digital X-Ray Systems), Application (General Radiography, Dental Applications, Mammography and Fluoroscopy), Mobility (Stationary and Mobile), End User (Diagnostic Centres, Hospitals and Mobile Imaging Centres), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2029.
Market Analysis and Insights of X-Ray Systems Market
Data Bridge Market Research analyses that the x-ray systems market will exhibit a CAGR of around 2.89% for the forecast period of 2022-2029. Rising prevalence of chronic diseases and disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growth in the number of road accidents and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of x-ray systems market.
X-ray systems are used by the hospitals, diagnostic centers and others that use electromagnetic radiations to generate images of the internal organs and bones. X-ray systems are painless and non-invasive tools that are generally used for diagnostic purposes.
Upsurge in the research and development proficiencies by the life sciences industry is one of the major factors fostering the growth of the market. Growth in the demand for effective diagnostic imaging techniques due to increasing incidence of chronic diseases and high adoption of the devices by the diagnostic laboratories are other market growth determinants. Rising westernization, growing in the incidences of cardiovascular disorders and fractures and rising medical tourism are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with research and development proficiencies will further pose challenges for the market. Dearth of skilled professionals in the backward economies and side effects of radiations will also hamper the market growth rate.
This x-ray systems 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 x-ray 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.
North America X-Ray Systems Market Scope and Market Size
The x-ray systems market is segmented on the basis of type, technology, price, portability, system, application, mobility and end user. 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 the type, North America x-ray systems market is mainly segmented into analog x-ray and digital x-ray system.
- Based on the technology, North America x-ray systems market is mainly segmented into computed radiography and direct radiography.
- Based on the price, North America x-ray systems market is divided into three levels low-end digital x-ray systems, mid-range digital x-ray systems and high-end digital x-ray systems.
- Based on the portability, North America x-ray systems market is segmented into two major segments that are fixed digital x-ray systems and portable digital x-ray systems. North America x-ray systems market is further segmented on the basis of fixed digital x-ray systems into floor-to-ceiling mounted systems and ceiling-mounted systems. North America x-ray systems market is further segmented also on the basis of portable digital x-ray systems into mobile x-ray systems and handheld x-ray systems.
- Based on the system, North America x-ray systems market is segmented into two major segments as retrofit digital x-ray systems and new digital x-ray systems.
- Based on the application, North America x-ray systems market is segmented into general radiography, dental applications, mammography and fluoroscopy.
- Based on the mobility, x-ray systems market is segmented into stationary and mobile.
- North America x-ray systems market is also segmented based on end user into diagnostic centers, mobile imaging centers and hospitals.
North America X-Ray Systems Market Country Level Analysis
The x-ray systems market is analysed and market size insights and trends are provided by country, type, technology, price, portability, system, application, mobility and end user as referenced above.
The countries covered in the x-ray systems market report are U.S., Canada and Mexico.
U.S. in North America region dominates the x-ray systems market owing to the growing research and development activities in the medical sciences and presence of advanced medical technologies in this region.
The country section of the x-ray systems 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
The x-ray systems 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 x-ray systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the x-ray systems market. The data is available for historic period 2010 to 2020.
Competitive Landscape and X-Ray Systems Market Share Analysis
The x-ray systems 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 x-ray systems market.
Some of the major players operating in the x-ray systems market report are FUJIFILM Holdings Corporation, GENERAL ELECTRIC COMPANY, Detection Technology Plc., Varian Medical Systems Inc., Siemens Healthcare Private Limited, Koninklijke Philips N.V., Shimadzu Corporation, CANON MEDICAL SYSTEMS CORPORATION, Carestream Health., Hitachi, Ltd., Hologic, Inc., ESAOTE SPA and Pausch LLC among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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