X-Ray Systems Devices And Equipment Market Valuation Expected To Reach $23.65 Billion By 2029, Growing At A Rate Of 6.3%
Discover trends, market shifts, and competitive outlooks for the x-ray systems devices and equipment industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#What Is the Current and Projected Market Size of the X-Ray Systems Devices And Equipment Market Through 2034?#_x000D_
The market size for X-ray systems devices and equipment has shown significant growth in the past few years. It is projected to rise from $17.32 billion in 2024 to $18.51 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. Factors that have contributed to growth during the historical period include advancements in medical diagnostics, population growth, an increase in the aging population, as well as a rise in preventive and routine healthcare._x000D_
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It is projected that the X-ray systems devices and equipment market will experience a significant expansion in the coming years. By 2029, the market is anticipated to reach $23.65 billion, with a compound annual growth rate (CAGR) of 6.3%. The surge during the prediction period is due to factors like digital transformation, specialized applications, population health management, and innovations in radiation safety. The forecast period will also see key trends such as 3d and cone-beam ct imaging, point-of-care x-ray, ai-enhanced imaging, and remote and mobile imaging._x000D_
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#Which Factors and External Forces Are Driving Demand in the X-Ray Systems Devices And Equipment Market?#_x000D_
The escalating number of injuries globally is propelling the market for X-ray systems, devices, and equipment in the medical diagnostics field. The growing number of accidents, sports-related injuries, major muscle damage, bone injuries, and other similar incidents are augmenting the demand for diagnostic apparatus, particularly X-ray systems devices and equipment. As per the data released by the UK government-operated National Health Service in December 2022, England performed 44.0 million imaging tests in the financial year ending in March 2022. This represents a 26% increase from the preceding year’s 34.9 million. X-rays were the most conducted test with 21.8 million (a rise of 30%), followed by ultrasound with 10.1 million (a rise of 23%), CT scans with 6.7 million (a rise of 21%), and MRI scans with 3.8 million (a rise of 28%). Increases were also seen in other imaging modalities: fluoroscopy by 23%, nuclear medicine by 22%, SPECT by 39%, PET-CT scans by 20%, and medical photography by 11%. As a result, the surging global incidence of injuries is propelling the medical diagnostic X-ray systems, devices, and equipment market._x000D_
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#Which Segments in the X-Ray Systems Devices And Equipment Offer the Most Growth?#_x000D_
The X-ray systems devices and equipment market covered in this report is segmented –_x000D_
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1) By Type: Portable Type, Stationary Type_x000D_
2) By Product Type: Computed Tomography, Mobile X-Ray Devices, C-Arm Devices, Dental X-Ray, Mammography, Other Product Types_x000D_
3) By image type: 2D images, 3D images, 4D images 4) By Technology: Analog X-Ray Machine , Digital X-Ray Machine_x000D_
4) By Technology: Analog X-Ray Machine, Digital X-Ray Machine_x000D_
5) By Application: Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Other Applications_x000D_
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Subsegments:_x000D_
1) By Portable Type: Mobile X-Ray Systems, Handheld X-Ray Devices, Veterinary X-Ray Systems_x000D_
2) By Stationary Type: Conventional X-Ray Systems, Computed Radiography (CR) Systems, Digital Radiography (DR) Systems, Fluoroscopy X-Ray Systems_x000D_
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#What Are the Fastest-Growing Geographies in the X-Ray Systems Devices And Equipment Market?#_x000D_
Western Europe was the largest region in the global X-ray devices and equipment market in 2023. North America was the second-largest region in global X-ray devices and equipment market share. The regions covered in the x-ray systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
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#What Key Trends Are Shaping the Future of the X-Ray Systems Devices And Equipment Market?#_x000D_
The market for X-ray systems devices and equipment is observing an increment in the count of mergers and acquisitions. The primary force propelling this activity are firms with intentions to broaden their operations in the medical/diagnostic imaging and radiology sectors. In April 2024, Shimadzu, a Japan-based corporation renowned for manufacturing precision instruments, gauging tools, and medical equipment, procured X-ray Imaging Services, Inc for a sum that has not been disclosed publicly. The procurement of California X-ray Imaging Services, Inc. (CIS) orchestrated by Shimadzu Medical Systems USA indicates their intention to enhance direct sales and service outreach especially in the U.S., focusing on the West Coast. X-ray Imaging Services, Inc. is acknowledged as a leading security apparatus supplier servicing both governmental and business entities located in California._x000D_
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#What Are the Key Elements That Define the X-Ray Systems Devices And Equipment Market?#_x000D_
X-ray devices and equipment use a medical imaging method known as radiography or X-ray to produce photographs of the internal bodily structures using minute amounts of electromagnetic energy. Then, these pictures can be seen on film or digitally. X-ray systems are used for the diagnosis and imaging of patients suffering from various diseases._x000D_
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