The global X-ray market garnered revenue around USD 10.9 Billion in 2019 and projected to reach USD 17.5 Billion in 2027, with at a compound annual growth rate (CAGR) 5.6 % throughout the estimate period from 2020 to 2027. Different types of X-ray devices are available in the market such as stationary/fixed and portable. These diagnostic X-ray devices can be used for various applications, including cardiovascular, respiratory, dental, and mammography. Rise in prevalence of chronic diseases across the world and rapidly aging global population with augmented healthcare needs boost market growth. North America dominated the global X-ray market in 2018 and the trend is anticipated to continue during the forecast period. High awareness about medical imaging devices, financial capability to purchase expensive machines, rise in demand for technologically advanced & innovative products in hospitals, diagnostic laboratories, and outpatient ambulatory surgery centers; and high infrastructure investment supporting healthcare facilities boost the growth of the market in the region. Asia Pacific is likely to be a highly lucrative market for X-ray during the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the X-ray market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the X-ray market growth.
The global X-ray market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The global market include Agfa-Gevaert N.V., Canon Medical Systems Corporation, Carestream Health, FUJIFILM Holdings Corporation, GE Healthcare, Konica Minolta Medical Imaging, Koninklijke Philips N.V., PerkinElmer, Inc., Shimadzu Corporation, Siemens Healthcare, and Varian Medical Systems.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global X-ray Market: Segmentation
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: