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X-Ray Equipment Market

X-Ray Equipment Market By Product (X-ray Devices : Stationary and Portable X-Ray), Technology (Analog, Digital X-ray Technology), Application (Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Others) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2022
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Published Date: April 2016
Category: Medical Devices
Report ID: 57788
Report Format: PDF
No of Pages: 190

Rating: Credence Reports

Market Insights

This global X-ray equipment market report studies various technologies and products used for medical diagnosis in healthcare. X-ray equipment helps diagnose diseases such as cardiovascular, pulmonary, oral (dental) diseases, and others. Globally the X-ray applications are implemented with several different technologies. Portability in diagnostic devices is the major factor shifting the imaging diagnostic market away from stationary imaging devices. In today’s healthcare industry, product designs are user-friendly and customized to fit the needs of the clinician end user. According to market experts, shortly, price and geography are expected to play a major part in the X-ray equipment market.

For this study, the global X-ray equipment market has been segmented based on product type, technology, application, and geography. The major categories of X-ray equipment studied by product type in this report include stationary/fixed and portable X-ray systems. The portable X-ray products have been further categorized into two sub-segments, mobile, and handheld X-ray systems. Based on technology, the X-ray market is segmented into two major analog and digital X-ray systems. The digital X-ray systems market is sub-segmented into two major technological systems, namely, computed radiography (CR) and direct digital radiography systems. The major application areas of X-ray equipment segmented are cardiovascular, respiratory, mammography, dental, orthopedics, and others (abdominal and general surgery). Market size estimates and forecasts for these segments for the period 2013 to 2022 are provided in terms of USD Mn, along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2022, considering 2015 as the base year.

The X-ray equipment market has been geographically categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, the U.K, Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments from 2013 to 2022 and their CAGRs for the period 2016 to 2022 are provided in this report.

The major key players profiled in the X-ray equipment market are based on various characteristics such as business description, financial health, budget allocation, product portfolio, and news coverage. The major players profiled in this report include Agfa-Gevaert N.V., Bracco Imaging S.p.A, Canon, Inc., Carestream Health, Inc., Fujifilm Holdings Corporation, GE Healthcare, Hologic, Inc., Hitachi Medical Corporation, Konica Minolta, Inc., Shimadzu Corporation, PerkinElmer, Inc., Philips Healthcare, Siemens Healthcare, Thales Group, Toshiba Corporation, Varian Medical Systems, Inc., and Ziehm Imaging, Inc.

Product Segmentation Investigation

Based on the type of products, the global x-ray equipment market is segmented as follows:

  • Stationary X-ray
  • Portable X-ray
  • Mobile X-ray
  • Handheld X-ray

The X-ray devices market is the largest segment of the medical imaging diagnosis market due to the high adoption rate and market penetration. It is the most mature market in terms of technology and application. The two types of X-ray devices are Stationary/fixed and portable; portable X-ray devices are further sub-segmented as mobile and handheld. According to market experts, portable X-ray devices have high adoption rates due to their usability in ICUs and emergency departments with ease. One of the major advantages of portable X-ray devices is it reduces the risk involved in patient transfer from the designated unit to the radiology unit. Thus, the preferences of medical practitioners are rapidly shifting toward the application of portable X-ray equipment due to its several advantages over stationary X-ray equipment.

Application Segmentation Analysis

The major factor restricting the growth of MRI and CT technologies in medical diagnostics is the high capital cost which works against further investment in those technologies. Thus, according to market experts, the imaging equipment investment prefers modern digital x-ray equipment because it offers significant workflow improvements and significantly clearer images. Based on the applications, the X-ray equipment market is segmented into:

  • Cardiovascular
  • Respiratory
  • Mammography
  • Orthopedics
  • Dental
  • Others (Abdominal and General Surgery)

Cardiovascular applications accounted for the major market share in the global X-ray equipment market in 2015. The World Health Organization (WHO) estimates that cardiovascular diseases accounted for around 17.3 million deaths in 2008, which is likely to increase to 23.3 million deaths annually by 2030. Low to middle-income countries is the largest affected regions, accounting for 80% of all the deaths due to cardiovascular diseases across the world. Thus, the high prevalence of cardiovascular diseases and rising public awareness associated with cardiovascular disease diagnosis are the major factors assisting its growth during 2016 – 2022.

 Technology Segmentation Analysis

Technological advancements have introduced novel and superior X-ray systems in applications such as detecting tumor outgrowths, breast cancer imaging, and several other chronic disorders and diseases. Market experts across the globe suggest that the demand for advanced systems is swiftly rising for early disease diagnosis to ensure efficient treatment and/or management of the disease. The recent technological developments in the diagnostics field have led to the introduction of several highly developed X-ray systems, such as CMOS and CCD-based digital systems, direct & indirect flat panel detection-based systems, direct digital radiography systems, and mobile and handheld digital systems.

Based on the technology used, the X-ray equipment market is segmented into:

  • X-ray Technology
  • Analog X-ray Technology
  • Digital X-ray Technology
  • Computed Radiography (CR)
  • Direct Digital Radiography

In 2015, North America accounted for the largest share of the x-ray equipment market and was expected to project standard growth during the forecast period. The key factors assisting the growth of the x-ray equipment market in this region are the aging population, the high adoption rate for equipment with innovative technology, rising public awareness related to diagnosis, and an increasing number of research activities to develop new and advanced digital x-ray products. According to market experts, the market for diagnostic imaging and informatics is shifting as pathology, and point-of-care diagnostics provide more in-depth insights into patients’ conditions than earlier. Market stakeholders in the x-ray market are equipped with a unique portfolio to generate absolute and integrated solutions for definitive diagnosis.

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 X-ray Equipment Market, by Product Type, 2015 (USD Mn)
2.2 X-ray Equipment Market Share, by Technology, 2015 & 2022 (Value %)
2.3 X-ray Equipment Market, By Applications, 2015 & 2022 (USD Mn)
2.4 X-ray Equipment Market Share, by Geography, 2015 (Value %)

Chapter 3 Global X-ray Equipment Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.1.1 X-ray Equipment Technologies: Current and Future Trends
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.6 Market Share Analysis: Key X-ray Equipment Manufacturers, 2015 (%)

Chapter 4 Global X-ray Equipment Market Analysis, by Product Type
4.1 Preface
4.2 X-ray Devices
4.2.1 Stationary X-Ray Devices
4.2.2 Portable X-Ray Devices
4.2.2.1 Mobile X-ray
4.2.2.2 Handheld X-ray

Chapter 5 Global X-ray Equipment Market Analysis, by Technology
5.1 Preface
5.2 X-ray Devices
5.2.1 Analog X-ray Technology
5.2.2 Digital X-ray Technology
5.2.2.1 Computed Radiography (CR)
5.2.2.2 Direct Digital Radiography

Chapter 6 Global X-ray Devices Equipment Market, by Application
6.1 Preface
6.2 Cardiovascular
6.3 Respiratory
6.4 Mammography
6.5 Dental
6.6 Orthopedics
6.7 Others (abdominal and general surgery)

Chapter 7 Global X-ray Equipment Market, by Geography
7.1 Preface
7.2 North America
7.2.1 U.S
7.2.2 Canada
7.3 Europe
7.3.1 U.K
7.3.2 Germany
7.3.3 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 Rest of Asia Pacific
7.5 Latin America (LATAM)
7.5.1 Brazil
7.5.2 Mexico
7.5.3 Rest of LATAM
7.6 Middle East and Africa (MEA)

Chapter 8 Future Growth Advocacies

Chapter 9 Company Profiles
9.1 Agfa-Gevaert N.V.
9.1.1 Business Description
9.1.2 Financial Health and budget allocation
9.1.3 Product Positions/Portfolio
9.1.4 Key Competitors
9.1.5 News Coverage
9.2 GE Healthcare
9.2.1 Business Description
9.2.2 Financial Health and Budget Allocation
9.2.3 Product Positions/Portfolio
9.2.4 Key Competitors
9.2.5 News Coverage
9.3 Canon, Inc.
9.3.1 Business Description
9.3.2 Financial Health and Budget Allocation
9.3.3 Product Positions/Portfolio
9.3.4 Key Competitors
9.3.5 News Coverage
9.4 Fujifilm Holdings Corporation
9.4.1 Business Description
9.4.2 Financial Health and budget allocation
9.4.3 Product Positions/Portfolio
9.4.4 Key Competitors
9.4.5 News Coverage
9.5 Hitachi Medical Corporation
9.5.1 Business Description
9.5.2 Financial Health and budget allocation
9.5.3 Product Positions/Portfolio
9.5.4 Key Competitors
9.5.5 News Coverage
9.6 Hologic, Inc.
9.6.1 Business Description
9.6.2 Financial Health and budget allocation
9.6.3 Product Positions/Portfolio
9.6.4 Key Competitors
9.6.5 News Coverage
9.7 Philips Healthcare
9.7.1 Business Description
9.7.2 Financial Health and budget allocation
9.7.3 Product Positions/Portfolio
9.7.4 Key Competitors
9.7.5 News Coverage
9.8 Shimadzu Corporation
9.8.1 Business Description
9.8.2 Financial Health and budget allocation
9.8.3 Product Positions/Portfolio
9.8.4 Key Competitors
9.8.5 News Coverage
9.9 Siemens Healthcare
9.9.1 Business Description
9.9.2 Financial Health and budget allocation
9.9.3 Product Positions/Portfolio
9.9.4 Key Competitors
9.9.5 News Coverage
9.10 Toshiba Corporation
9.10.1 Business Description
9.10.2 Financial Health and budget allocation
9.10.3 Product Positions/Portfolio
9.10.4 Key Competitors
9.10.5 News Coverage
9.11 Carestream Health, Inc.
9.11.1 Business Description
9.11.2 Financial Health and budget allocation
9.11.3 Product Positions/Portfolio
9.11.4 Key Competitors
9.11.5 News Coverage
9.12 Bracco Imaging S.p.A
9.12.1 Business Description
9.12.2 Financial Health and Budget Allocation
9.12.3 Product Positions/Portfolio
9.12.4 Key Competitors
9.12.5 News Coverage
9.13 Varian Medical Systems, Inc.
9.13.1 Business Description
9.13.2 Financial Health and Budget Allocation
9.13.3 Product Positions/Portfolio
9.13.4 Key Competitors
9.13.5 News Coverage

List Of Figure

FIG. 1 X-ray Equipment : Market Segmentation
FIG. 2 X-ray Equipment Market, by Product Type, 2015 (USD Mn)
FIG. 3 X-ray Equipment Market Share, by Technology, 2015 & 2022 (Value %)
FIG. 4 X-ray Equipment Market Share, by Application, 2015 & 2022 (USD Mn)
FIG. 5 X-ray Equipment Market Share, by Geography, 2015 (Value %)
FIG. 6 Attractive Investment Proposition, X-ray Equipment Market, 2015
FIG. 7 Key Players Market Share Analysis for X-ray Devices, 2015(%)
FIG. 8 Global Stationary X-Ray Devices Market Revenue, 2013 – 2022 (USD Mn)
FIG. 9 Global Portable X-Ray Devices Market Revenue, 2013 – 2022 (USD Mn)
FIG. 10 Global Mobile X-ray Market Revenue, 2013 – 2022 (USD Mn)
FIG. 11 Global Handheld Devices Market Revenue, 2013 – 2022 (USD Mn)
FIG. 12 Global Analog X-ray Technology Market Revenue, 2013 – 2022 (USD Mn)
FIG. 13 Global Digital X-ray Technology Market Revenue, 2013 – 2022 (USD Mn)
FIG. 14 Global Computed Radiography (CR) Market Revenue, 2013 – 2022 (USD Mn)
FIG. 15 Global Direct Digital Radiography Market Revenue, 2013 – 2022 (USD Mn)
FIG. 16 Global Cardiovascular Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)
FIG. 17 Global Respiratory Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)
FIG. 18 Global Mammography Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)
FIG. 19 Global Dental Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)
FIG. 20 Global Orthopedics Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)
FIG. 21 Global Others Application in X-ray Equipment Market Revenue, 2013 – 2022 (USD Mn)

List Of Table

TABLE 1 Global X-ray Equipment Market Revenue, by Product Type, 2013 – 2022 (USD Mn)
TABLE 2 Global X-ray Equipment Market Revenue, by Technology, 2013 – 2022 (USD Mn)
TABLE 3 Global X-ray Equipment Market Revenue, by Application, 2013 – 2022 (USD Mn)
TABLE 4 Global X-ray Equipment Market Revenue, by Geography, 2013 – 2022 (USD Mn)
TABLE 5 North America X-ray Equipment Market Revenue, by Country, 2013 – 2022 (USD Mn)
TABLE 6 Europe X-ray Equipment Market Revenue, by Country, 2013 – 2022 (USD Mn)
TABLE 7 Asia – Pacific X-ray Equipment Market Revenue, by Country, 2013 – 2022 (USD Mn)
TABLE 8 Latin America X-ray Equipment Market Revenue, by Country, 2013 – 2022 (USD Mn)
TABLE 9 Middle East and Africa X-ray Equipment Market Revenue, by Region, 2013 – 2022 (USD Mn)

 

Frequently Asked Questions:

What is the size of X-Ray Equipment Market?

The market for X-Ray Equipment is expected to reach USD 2.8 Bn in 2022.

What is the X-Ray Equipment Market CAGR?

The X-Ray Equipment market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for X-Ray Equipment Market?

The report is forecasted from 2016-2022.

What is the base year considered for X-Ray Equipment Market?

The base year of this report is 2015.

Who are the major players in this market?

Agfa-Gevaert N.V., GE Healthcare, Canon, Inc., Fujifilm Holdings Corporation, Hitachi Medical Corporation, Hologic, Inc. are some of the major players in the global market.

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