X-Ray Device Market Trends, Demand, Growth, Revenue Analysis Report to 2032
The global X-ray device market demand by 2032, the market is projected to garner US$ 24.4 Billion, revealing a CAGR of 7.9%. The evolvement of the market can be ascribed to the increasing prevalence of chronic diseases and ongoing technological advancements in the diagnostic imaging sector.
“On-going technological development in the healthcare sector, the advent of modern methods in the same has offered avenues of opportunities to the market in the forecast period. In addition, constant efforts by developing countries, such as; favorable initiatives by the government, are projected to positively impact the market in the forthcoming time.”
Increased awareness of the advantages of employing X-ray systems over traditional methods, rising prevalence of orthopaedic disorders and malignancies, and other factors are anticipated to play a significant role in propelling the worldwide X-ray device market during the forecast period.
The benefits of digital imaging, such as its simplicity and affordability, are projected to increase the market’s size in the future years. Additionally, it is less dangerous than standard X-rays since it prevents around 70–80% of radiation from entering the body.
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Additionally, digital X-rays help dentists identify oral problems, which has considerably decreased the need for intrusive investigation during the diagnosis stage. The X-ray device market is expected to grow significantly in the years to come as a result of the aforementioned factors.
Additionally, during the projection period, the market is anticipated to benefit significantly from the advancement of technology and an increase in product approvals. Hologic, Inc. received the CE mark for their Genius Digital Diagnostics System in November 2020.
In another occurrence, in August 2020, Waygate Technologies rolled out two new portable X-ray detectors. Owing to the aforementioned causes, the industry is likely to witness notable expansion in the assessment tenure.
Key Segments Profiled In The X-Ray Device Market Report
X-Ray Device Market by Portability
- Fixed X-Ray Devices
- Portable X-Ray Devices
X-Ray Device Market by Application
- X-Ray Device for Orthopedic Applications
- X-Ray Device for Dental Applications
- X-Ray Device for Cardiovascular Diseases (CVD) Applications
- X-Ray Device for Oncology Applications
- X-Ray Device for Other Applications
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X-Ray Device Market by Product Type
- Analog X-Ray Device
- Digital X-Ray Device
X-Ray Device Market by Technology
- Direct Radiography X-Ray Device
- Computed Radiography X-Ray Device
X-Ray Device Market by End User
- X-Ray Device for Hospitals
- X-Ray Device for Diagnostics Centers
- X-Ray Device for Other End Users
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