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Medical X-ray Market, Share, Growth, Trends and Forecast to 2032

Global Market Insights Inc. add New Report Global Medical X-ray Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segment, end user segment and region.

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Medical X-ray Market, Share, Growth, Trends and Forecast to 2032

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  1. Medical X-ray Market by Type, Application, Element - Global Trends and Forecast to 2032

  2. Industry Insights • Medical X-ray Market is anticipated to accrue notable gains through 2032, owing to the availability of numerous reimbursement policies for medical X-rays. • Many governments across the world are rolling out favourable reimbursement schemes to make medical imaging accessible to strengthen healthcare infrastructure. • In fact, in the U.S., a government-backed insurance program, Medicare, bears 80% of the price of an X-ray device, while the rest 20% is kept as an out-of-pocket expenditure. • Overall, the medical X-ray industry is segmented in terms of type, technology, portability, application, end-use, and region.

  3. Based on technology, the medical X-ray market from the direct radiography segment is slated to grow at over 6% CAGR from 2023 to 2032 on account of increasing demand for portable and mobile devices in digital X-ray space. • Moreover, superior image acquisition capabilities and lower cost of mobile X-ray devices compared to their conventional counterparts would favor their adoption. • Segment growth can also be attributed to the growing focus of market players in developing advanced mobile X-ray devices. • For instance, in April 2022, Boston Imaging, the U.S.-based supplier of Samsung digital radiography products, launched GM85 Fit, a mobile radiography device, which recently received 510(k) clearance from the U.S. FDA.

  4. Regional Analysis • On the regional front, Asia Pacific medical X-ray market is slated to garner over USD 5.5 billion in revenue by 2032. Increasing prevalence of chronic conditions in populous economies such as China and India have bolstered the need for medical X-ray procedures. • Competitive Analysis • Agfa Healthcare, Allengers Medical, Carestream Health, Canon Medical Systems, Dentsply Sirona Inc., Fujifilm Corporation, Konica Minolta, GE Healthcare, Hologic Inc., Midmark Corporation, Samsung Electronics Co. Ltd., Neusoft Medical systems, Koninklijke Philips N.V.

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