X-Ray Equipment Market Analysis, 2020-2024: Canon Inc, Hitachi Ltd, Siemens AG & Fujifilm Holdings Corp. - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 23, 2020--
The “X-Ray Equipment Market by Technology and Geography - Forecast and Analysis 2020-2024” report has been added to ResearchAndMarkets.com’s offering.
Global X-Ray Equipment Market: About this market
The X-ray equipment market analysis considers sales from both digital and analog technology. Our study also finds the sales of X-ray equipment in Asia, Europe, North America, and ROW. In 2019, the digital segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as reduced space requirement for device installation, high image quality, and improved medicare reimbursement rates will play a significant role in the digital segment to maintain its market position. Also, our global X-ray equipment market report looks at factors such increasing incidence of chronic diseases, growing demand for non-invasive diagnostic devices, and growth in the adoption of portable devices. However, high cost of X-ray equipment, stringent regulations, and product recall, and cybersecurity vulnerabilities associated with X-ray equipment may hamper the growth of the X-ray equipment industry over the forecast period.
Global X-Ray Equipment Market: Overview
Adoption of portable devices
The demand for portable X-ray machines is increasing significantly as they are a convenient, lightweight, and cost-effective solution for low-resource settings in developing economies. Some of the portable X-ray machines available in the market are MOBILETT Elara Max by Siemens and CARESTREAM DRX-Revolution by Carestream Health. Moreover, the increasing demand for patient-centric medical care with bedside imaging will lead to the expansion of the global X-ray equipment market at a CAGR of almost 6% during the forecast period.
Technological innovations in medical equipment have enabled physicians to provide quality care to patients, with better access to information and medical telecommunications. Technological advances in X-ray equipment include automation and upgrade of analog X-ray equipment with a digital detector to improve workflow and provide safe, cost-effective, and faster disease diagnosis for patients. Researchers are also advancing X-ray technology to improve clinical and workflow efficiency. For instance, the European Organization for Nuclear Research (CERN) developed a scanner using particle-tracking technology that uses 3D color X-rays to capture high-resolution images of human anatomy, including soft tissues, for the diagnosis of cancer, bone and joint diseases, and vascular diseases. The color X-ray imaging technology produces more clear and accurate pictures, which enables radiologists to diagnose the diseases more accurately. Thus. technological advances support the growth of the global X-ray equipment market. This development is expected to have a positive impact on the overall market growth.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/n51zvn
View source version on businesswire.com:https://www.businesswire.com/news/home/20200123005659/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: RADIOLOGY HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 01/23/2020 12:12 PM/DISC: 01/23/2020 12:12 PM