X-Ray System Market Size, Business Revenue Forecast, Leading Competitors

Posted by ojasdbmr on April 12th, 2021

X-ray system market is registering a steady CAGR of 3.4 % in the forecast period of 2020-2026. X-rays are electromagnetic radiation that preferentially pierces structures within the body and generates images of these structures on a photographic film or on a fluorescent screen. These pictures are called X-ray diagnostics. Diagnostic x-rays are helpful for identifying defects within the body. They are a painless, non-invasive tool to assist diagnose issues such as crushed bones, tumors, decomposition, and the existence of foreign objects. X-rays pass easily through the soft tissue of the body and in the atmosphere.

Competitive Analysis: Global X-ray System Market

Global X-ray system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of X-ray system market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

Few of the major market competitors currently working in the global X-ray system market are XRE, Detection Technology Plc., Adaptix Limited, IBEX Innovations Ltd., Solutions for tomorrow, ADVACAM, Kromek, CYDAR Limited, Varian Medical Systems, Inc. XinRay Systems, FUJIFILM Holdings Corporation, GENERAL ELECTRIC COMPANY, Siemens Healthcare Private Limited, Koninklijke Philips N.V., Shimadzu Corporation, CANON MEDICAL SYSTEMS CORPORATION, Carestream Health., Hitachi, Ltd., Hologic, Inc., ESAOTE SPA,  and others.

Segmentation: Global X-ray System Market

•          By Application (General Radiography, Dental Applications, Mammography, Fluoroscopy)
•          By Technology (Computed Radiography, Direct Radiography)
•          By Portability (Fixed Digital X-Ray Systems, Portable Digital X-Ray Systems)
•          By System (Retrofit Digital X-Ray Systems, New Digital X-Ray Systems)
•          By End User (Diagnostic Centers, Hospitals,)
•          By Price (Low-end Digital X-ray Systems, Mid-range Digital X-ray Systems, High-end Digital X-ray Systems)

Market Drivers

•          Accelerated geriatric population and incidence of disease is driving the growth of the market
•          Beneficial rules and government policies and investments are propelling the growth of the market
•          Benefits of Digital X-Ray Systems is contributing to the growth of the market
•          Advances in technology and product development are boosting the growth of the market.

Market Restraints

•          Issues about the sick-effects of long-term exposure to x-ray radiation are hampering the growth of the market.
•          Hesitating companies to introduce the technology for testing and development is hindering the growth of the market.
•          High costs involved with handheld X-ray instruments are restricting the growth of the market.

Reasons to Purchase this Report

•          Current and future of global X-ray system market outlook in the developed and emerging markets
•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players