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Medical X-ray Market Trends

Report ID: GMI2294
Published Date: Oct 2024
Report Format: PDF

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Medical X-ray Market Trends

The shift from traditional analog and computed radiography (CR) systems to digital radiography (DR) is propelling market growth. Digital X-rays, known for their superior image quality, quicker results, and minimized radiation exposure, are witnessing heightened adoption in healthcare facilities. Moreover, technological innovations like AI integration, mobile X-ray systems, and wireless DR detectors are bolstering both diagnostic accuracy and operational efficiency in radiological procedures.
Furthermore, heightened investments from both government and private sectors in healthcare facilities, especially in emerging markets like China and India, are catalyzing the adoption of advanced X-ray machines. This momentum is mirrored in the burgeoning diagnostic imaging centers, which are anticipated to register the most significant growth rate in the near future.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for medical X-ray was valued at approximately USD 13.2 billion in 2023 and is expected to reach around USD 20.1 billion by 2032, driven by a CAGR of 4.9% from 2024 to 2032.

Digital X-ray systems accounted for the largest revenue of USD 10.5 billion in 2023, driven by their integration with telemedicine platforms and advancements in wireless and portable technologies.

North America market generated USD 4.3 billion in 2023 and is forecasted to reach USD 7.2 billion by 2032, driven by the regions well-established healthcare infrastructure.

Some of the major players in the industry include Agfa-Gevaert Group, Allengers Medical Systems, Canon, Carestream Health, Dentsply Sirona, Fujifilm Holdings Corporation, GE HealthCare Technologies, Hologic, and Koninklijke Philips N.V., driven by technological advancements in diagnostic imaging.