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Medical X-ray Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Author : Ronak Bora | Published Date : 2020-09-16 

Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Advancements in radiography over time, which has led to the development of innovative products, has supplemented global medical x-ray market share. Developments in detector based digital radiography solutions in x-ray which utilize different types of flat panel detectors and x-ray sources for generating superior-quality radiographs will supplement the market growth in the coming times. Detectors are lightweight in nature, compact and available in portable forms.

Enhancements in the detector technology has remained a hallmark of digital radiography mechanisms over time. For instance, Philips designed UNIQUE 2, a digital radiography solution that offers customizable and flexible imaging systems.

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Reports suggest that global medical x-ray market share could cross USD 15.5 billion in total remuneration by the end of 2025.

Once regarded a figment of scientific imagination, digital radiography technology, as on today, holds prime importance in medical X-ray market. The evolution from a non-portable and high X-ray dosage solution to a technology that offers mobility, wireless capabilities, high-resolution imaging, low X-ray dosage and exposure, and convenient affordability is indeed appreciable, depicting how far DR-based medical X-ray industry has come. These detectors possess the ability to preserve original image quality and store files for later access – an advantage that CR systems could not offer.

In recent times, subject to the robust advancements in technology and the massive shift toward digitization, medical X-ray market players have been striving to tap the unexplored arenas and come up with a gamut of challenging products in DR-based medical X-ray industry. These systems, it is observed, have been extensively deployed in clinics, hospitals, and numerous other medical facilities. With increasing demand, medical X-ray market behemoths have been facing periodic challenges to brainstorm even more, versatile, lightweight, reliable, durable, and mobile DR systems. Driven by the robust requirement of these systems for dental applications, orthopedic applications, chest imaging, and mammography, DR-based medical X-ray industry is anticipated to witness rapid progressions in the ensuing period.

Increased risks of patient exposure to high radiation, for a prolonged period, has been indisputably considered as a major hindrance for medical X-ray market. As per statistics, X-rays account for more than 89% of the annual radiation exposure. Numerous efforts have been undertaken in the last many years, to brainstorm technologies for lowering this radiation exposure that has been posing as a critical restraint for the commercialization scope of medical X-ray market. In this regard, recently, a group of researchers had unveiled a study that focuses on a mathematical model – the linear no-threshold theory, that would help set radiation standards. Positioning a well-recognized, massively high dose of radiation that would have a severe impact on human health, the algorithm would help achieve a linear extrapolation to minimally lower doses to detect the assumed impact. In the event that the study translates into a practical manifestation, it would create waves of anticipation in medical X-ray market, prompting players to quickly commercialize the technology. In consequence, what can be unassailably inferred is that the results obtained from the numerous R&D programs and the innovative contributions by major companies, would result in medical X-ray market carving out a lucrative growth path in the years ahead. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/medical-x-ray-market

Partial Chapter of the Table of Content 

Chapter 6.  Medical X-ray Market, By Technology

6.1. Key segment trends

6.2. Film-based radiography

6.2.1.  Market size, by region, 2014-2025 (USD Million)

6.3. Computed radiography (CR)

6.3.1.  Market size, by region, 2014-2025 (USD Million)

6.4. Direct radiography (DR)

6.4.1.  Market size, by region, 2014-2025 (USD Million)

Chapter 7.  Medical X-ray Market, By Portability

7.1. Key segment trends

7.2. Fixed

7.2.1.  Market size, by region, 2014-2025 (USD Million)

7.3. Portable

7.3.1.  Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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