A new market study, titled â€œDiscover Global Portable X-ray Devices Market Upcoming Trends, Growth Drivers and Challengesâ€ has been featured on WiseGuyReports.
The global portable X-ray devices market was worth $XYZ million in 2018 and is forecasted to reach $XYZ million by 2026, at a CAGR of XYZ% during the forecast period. An x-ray is a shape of electromagnetic ionizing radiation that is used to screen the abnormalities in the body, especially bones. The invention of transportable X-ray devices has contributed majorly in the field of factor of care diagnostics. Those devices are very beneficial whilst the treatment has to be completed in a quick duration of time. X-ray gadgets may be folded in a small package deal for transportation, and clinical experts can immediately view the scanned X-ray images on the screen by means of connecting the devices to the pc. These gadgets reduce imaging costs with the aid of casting off the usage of X-Ray movies. The photos shaped can be directly despatched to the physician in the shape of a gentle replica.
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Some of the major key players in the market are Fujifilm, GE Healthcare, Philips Healthcare, Siemens Healthcare, Toshiba, Varian Medical Systems, Shimadzu Corporation, Hitachi, Agfa Healthcare, Planmed, Bennett, MinXRay, Hologic, Carestream, Kubtec, Source Ray, Inc., RMS India, Decorin, and Aribex.
Global Portable X-ray Devices Market Geographical Analysis
Geographically, the global portable X-ray devices market is divided into North America, Europe, South America, Asia-Pacific, and the Middle East and Africa. North America is the largest market for global portable X-ray devices due to rapid technological advancement, growing awareness, and the presence of leading market players in the region. Asia-Pacific is expected to be the fastest growing region due to growing awareness regarding early diagnosis, and rising incidence of chronic diseases in the region. Presence of some well-established X-ray manufacturing companies in the region like Mikasa X-ray Co. Lt. and Shimadzu Corporation will also help the growth of the market.
Global Portable X-ray Devices Market Competitive Analysis
Global Portable X-ray Devices Market Drivers
The market is driven by the growing adoption of portable X-ray devices by healthcare professionals, rise in government investments, technological advancements, and rising trend of home care settings. The growing demand for portable imaging devices among end users attracts a significant amount for the R&D from multinational firms to invest in this market. Market players who already have their products in the X-ray segment are also investing in the portable X-ray devices market to extend their product portfolio globally. Technological advancements in diagnostic imaging are also fueling the growth of the market. For instance, picture archiving and communication systems (PACS) adopted in various countries in Europe and the U.S. is a medical imaging technology used primarily in healthcare organizations to securely store and digitally transmit electronic images and clinically-relevant reports. The use of PACS eliminates the need to manually file and store, retrieve and send sensitive information, films, and reports.
Global Portable X-ray Devices Market Restraints
Stringent regulations and guidelines and the high cost of portable X-Ray devices are hindering the growth of the market. In the US, FDA’s Center for Devices and Radiological Health (CRDH) set regulatory guidelines for manufacturing, repackaging, relabeling, and importing of medical devices. Manufacturing an X-ray system is a lengthy and time-consuming process that includes establishment registration, premarket notification, premarket approval, investigational device exemption, and quality system regulation. The process puts the company in a financial burden. FDA has strict limits for the radiation emitted by the system. All these reasons make small and medium-sized companies refrain from investing in X-ray systems.
Global Portable X-ray Devices Market Segmentation
The global portable X-ray devices market can be segmented by technology as Analog and Digital, by application as Dental X-Ray, Mammography, Chest X-Ray, and Abdomen X-Ray. The Digital segment by technology type is expected to grow at the highest CAGR, due to easy usage, accuracy, higher image quality, and less distortion. The digital X-ray systems offer filmless photography by digital flat panel detector which takes images and then shows them on the screen of a computer system. Presently, there are two types of sensors direct flat panel detectors and indirect flat panel detectors. Their digital systems give excellent image quality at a lesser dose of radiation. They are very economical and eliminate the use of chemicals used for developing films.
Health care refers to the diagnosis, treatment, and prevention of illnesses, diseases, injury, as well as other physical and mental issues in humans. Health care is provided by medical practitioners, particularly in chiropractic, medicine, nursing, dentistry, allied health, pharmacy, along with other care providers. Healthcare is about the work done involving primary care, secondary care as well as tertiary care, in addition to public health.
Table of Contents
1. Global Portable X-ray Devices Market Methodology and Scope
2. Global Portable X-ray Devices Market – Market Definition and Overview
3. Global Portable X-ray Devices Market – Executive Summary
4. Global Portable X-ray Devices Market – Market Dynamics
5. Global Portable X-ray Devices Market – Industry Analysis
6. Global Portable X-ray Devices Market – By Technology
7. Global Portable X-ray Devices Market – By Application
8. Global Portable X-ray Devices Market – By Region
9. Global Market – Competitive Landscape
10. Company Profiles
11. Global Portable X-ray Devices Market – Premium Insights
12. Global Portable X-ray Devices Market – DataM
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