A recent report published by Infinium Global Research on portable X-Ray devices market provides in depth analysis of segments and sub-segments in global as well as regional portable X-Ray devices market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional portable X-Ray devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global portable X-Ray devices market. According to report the global portable X-Ray devices market is projected to grow at a CAGR of 10.7% over the forecast period of 2017-2023.
X-Ray is an electromagnetic ionizing radiation with a wide array of applications in a diversified range of industries. In healthcare industry, these ionizing radiations (X-Ray) devices constitute largest market share of total diagnostic imaging market. The primary driving factors for this includes aging population, growing number of patients with chronic diseases, changing lifestyles, technological advancements, and increasing incidences of cancer and orthopedic diseases.
Figure 1: Global Portable X-Ray Devices Market by Value 2015-2023
Rapid technological advancements, companies focus to meet unmet medical needs of patients, increasing support of government and private organizations to innovate technologies, and availability of large number of players in the market has led to the continuous improvement of advanced technologies and introduction of portable medical devices market with increase in image quality. The X-Ray device technology has moved from analog imaging to digital imaging, and there is a continuous improvement in image quality, dose reduction techniques, and efficiencies in workflow. Growing demand for home healthcare devices, and minimally invasive diagnostic devices are the main reasons for the adoption and development of portable X-Ray devices. The demand for portable and mobile X-ray device, like other diagnostic imaging devices, has increased tremendously in the last few years and will continue to show an upper trend due to its convenience in use. Technology advancements also resulted in development of wireless X-ray detectors and portable devices. The cost can be reduced by minimizing the storage cost related to X-ray films. Increasing medical tourism in developing countries and increasing efficiency further expected to drive the portable X-ray devices market growth.
The report on global portable X-Ray devices market covers segments such as, type of device and type of technology. On the basis of type of device the global portable X-Ray devices market is categorized into mobile X-Ray devices and handheld X-Ray devices. On the basis of type of technology the global portable X-Ray devices market is categorized into computed radiography X-Ray devices, digital radiography X-Ray devices and analog X-Ray devices.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023.
Figure 2: Global Portable X-Ray Devices Market by Region, CAGR % 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.
The report provides profiles of the companies in the global portable X-Ray devices market such as, GE Healthcare, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Varian Medical Systems Inc., Shimadzu Corporation, Aribex Inc., MinXray and Others.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global portable X-Ray devices market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of portable X-Ray devices market. Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the portable X-Ray devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the portable X-Ray devices market to understand the present and future trends in this market and formulate their strategies accordingly.
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