X-rays are used to diagnose and treat diseases. This market has seen the most notable trend in the introduction of digital and portable x-ray equipment to meet growing demand for point-of-care diagnostics and home healthcare. Computerized axial tomography scanning (CAT scanner) or computed tomography systems, also known as CT scan, is an imaging technique that uses X-rays for tomographic images of specific areas. The CT scanner plays an important role in the diagnosis of cancer and in guiding biopsy procedures. The market for portable x-ray and CT scanner devices will be served by the increasing adoption of PACS (Picture Archiving and Communication System), and the introduction high-resolution CT scanning equipment. These are two of the most important drivers. PACS, a medical imaging technology that allows electronic storage and transmission to diagnose images, is called PACS. This technology offers many benefits, including cost reduction and remote access to diagnostic images for medical professionals. Other drivers include a rapidly growing global geriatric population and increasing incidence rates for target diseases like cancer, heart disease, and tuberculosis.
Its high market share is due to the high usage rates of portable X-ray equipment in the Xray segment. Also, the introduction of handheld Xray devices boasting greater efficacies as well as applications in dentistry are two factors that explain its high market share. Comparing to CT scan devices, Xray devices have higher market penetration rates due to the fact that they are more affordable, emit less radiation, and are easier to use. Global CT scan devices are expected to grow at an average CAGR of 8.0% between 2013 and 2020. Its market share was 34.4% in 2012 This market will benefit from its ability to capture multiple views simultaneously and to differentiate bone masses and intricate soft tissues. This market will also see a rapid growth due to the increasing use of CT scanners in interventional confirmation.
Market share for portable X-ray machines by-products in 2012
In 2012, the market for portable Xray devices was worth USD 3,067.0 millions. In 2012, the market for portable Xray devices was worth USD 3,067.0 million. This is due to factors like the increasing demand for bedside imaging as well as the increase in the number of patients who are immobile. In 2012, its market share was over 90%. Its market share was over 90% in 2012. However, it will lose its market share by 2020 due to the growing demand for portable X-ray machines that are user-friendly, especially in dentistry, and subsequent introductions of products like the NOMAD Pro from Arabic. In 2012, the global market for portable CT scan devices was worth USD 1,610.0 millions. In 2012, the global market for portable CT scanners was valued at USD 1,610.0 million. CT scanners are used in many medical procedures, including dental and orthopedic implant procedures. They can be used to obtain precise information about the anatomy of the body and monitor it closely during plastic surgery.
At 39.6%, the largest market share was held by the portable X-ray device market that uses computed radiography (CR). These devices are easier to use than digital radiography systems, and require less retraining for radiologists. The use of computed radiography is cost-effective and efficient. This market is also driven by faster image acquisition rates, cheaper high-density scan solid-state detection system or phosphor plates. In 2012, the global market for computed radiography systems was worth USD 1,214.8 millions. The global market for computed radiography systems was valued at USD 1,214.8 million in 2012. From 2013 to 2020, the market is expected grow at 8.8%. Medium slice scanners dominate CT scan devices. In 2012, the global market for medium slice scanners was worth USD 985.3 millions. These devices have a large market share due to their high usage rates and relative cost-effectiveness compared to high slice scanners.
At 30.0%, the North American market for portable x-rays and CT scan devices held the largest market share. These devices are in high demand at both hospital and clinic settings. In North America, several market players have introduced handheld x-ray machines with remarkable efficacy over the last few years. This has significantly contributed to the growth in the market. The highest expected CAGR is in the Asia-Pacific market during the forecast period. The market for this region is expected to grow at an average CAGR of more than 10.0% between 2013 and 2020. This market is driven by the increasing geriatric population and the high unmet medical need in countries like India, China, Japan, and China. This market will also grow due to its high market penetration and cost-effectiveness in the region.
With a market share exceeding 17%, Philips Healthcare was the market leader in portable X-ray equipment worldwide. Philips Healthcare has a wide product range that caters to the xray segment, including digital and portable xray systems as well as stationary xray systems. It also maintains its market position by introducing innovative products that respond to customer needs, such as Practix 360, a portable portable xray machine that is 30% lighter than conventional portable xray machines. GE Healthcare and Siemens Healthcare are some of the other market players. Varian Medical Systems and Hitachi Medical Systems are Varian Medical Systems and Shimadzu Corporation are also part of this market.
Up Market Research published a new report titled “Portable X-Ray and CT Scan Devices Market research report which is segmented by Product (X-Ray Devices, CT Scan Devices, Mobile X-Ray Devices, Handheld X-Ray Devices), By Players/Companies cancer, tuberculosis, oral diseases, increasing incidence rates of target diseases such as cardiovascular diseases, rapidly rising geriatric global population base”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Portable X-Ray and CT Scan Devices Market Research Report |
By Product | X-Ray Devices, CT Scan Devices, Mobile X-Ray Devices, Handheld X-Ray Devices |
By Companies | cancer, tuberculosis, oral diseases, increasing incidence rates of target diseases such as cardiovascular diseases, rapidly rising geriatric global population base |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 233 |
Number of Tables & Figures | 164 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (X-Ray Devices, CT Scan Devices, Mobile X-Ray Devices, Handheld X-Ray Devices).
Portable X-Ray and CT Scan Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Portable X-Ray and CT Scan Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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