Medical X-Ray Equipment And Imaging Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The medical X-ray equipment and imaging software market size has grown strongly in recent years. It will grow from $2.73 billion in 2023 to $2.92 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to the aging population, increased disease burden, growth in healthcare expenditure, rise in adoption of digitalization, and increased regulatory compliance.
The medical X-ray equipment and imaging software market size is expected to see strong growth in the next few years. It will grow to $3.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to the growing demand for point-of-care imaging, expansion of telemedicine, focus on value-based healthcare, shift towards digitalization, and focus on personalized medicine. Major trends in the forecast period include the integration of artificial intelligence, patient safety and dose reduction, a shift towards digitalization and PACS (picture archiving and communication system) integration, portable and point-of-care imaging solutions, and the adoption of 3D and 4D imaging.
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Scope Of Medical X-Ray Equipment And Imaging Software Market
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Medical X-Ray Equipment And Imaging Software Market Overview
Market Drivers –
Major Driver Impacting Market Growth
Market Trends –
Major companies operating in the medical X-ray equipment and imaging software market are developing innovative solutions, such as mobile X-ray systems, to enhance portability and flexibility in medical imaging. Mobile X-ray systems are compact, portable X-ray machines that can be easily transported and used in various clinical settings, including hospitals, clinics, emergency rooms, and even in field situations such as disaster response or military deployments. For instance, in May 2023, Carestream Health, a US-based medical imaging company, introduced the DRX-Rise Mobile X-ray System, an innovative mobile X-ray system and a fully integrated digital X-ray unit that aims to provide an affordable path to digital imaging for customers. The DRX-Rise is designed to meet the critical needs in medical imaging, including exceptional image quality, workflow-accelerating attributes for productivity, and a more comfortable imaging experience for patients, all without significantly impacting the capital budget. It is equipped with Carestream's cutting-edge ImageView software, driven by the powerful Eclipse processing engine with AI, that offers robust processing and images of optimal quality while reducing errors and increasing dose efficiency.
The medical x-ray equipment and imaging software market covered in this report is segmented –
1) By Type: Equipment, Software
2) By Technology: Radiography Or Mammography, Computed Tomography, Fluoroscopy Or Angiography
3) By Image Type: 2-Dimensional, 3-Dimensional
4) By End-User: Hospitals, Diagnostic Centers, Research Centers
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Regional Insights –
North America was the largest region in the medical X-ray equipment and imaging software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical x-ray equipment and imaging software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the medical x-ray equipment and imaging software market are Samsung Healthcare, Hitachi Healthcare Americas Corporation, Siemens Healthineers GmbH , Fujifilm Medical Systems, Philips Healthcare, Stryker Corporation, General Electric Healthcare LLC, Agilent Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Hologic Inc., PerkinElmer Inc., Shimadzu Corporation, Varian Medical Systems, Sectra AB, Agfa-Gevaert Group, Carestream Health Inc., Analogic Corporation, Konica Minolta Healthcare Inc., Canon Medical Systems Corporation (formerly Toshiba Medical Systems Corporation), Ziehm Imaging GmbH, Esaote S.p.A., Planmed Oy, OrthoScan Inc., Terason Corporation, CurveBeam LLC
Table of Contents
1. Executive Summary
2. Medical X-Ray Equipment And Imaging Software Market Report Structure
3. Medical X-Ray Equipment And Imaging Software Market Trends And Strategies
4. Medical X-Ray Equipment And Imaging Software Market – Macro Economic Scenario
5. Medical X-Ray Equipment And Imaging Software Market Size And Growth
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27. Medical X-Ray Equipment And Imaging Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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