The global portable x-ray devices market was valued nearly at $4.7 billion in 2018. Americas is the largest market for portable X-ray devices, accounting for almost 45% of the global market.
The portable X-ray devices market consists of the sales of portable X-ray devices by entities (organizations, sole traders and partnerships) that manufacture portable X-ray devices for use in the healthcare industry. A portable X-ray device is a wireless digital X-ray imaging device for mobile health providers such as doctors and first aid workers in field situations, during home care and in old age homes, as well as for medically oriented aid organizations, ships and offshore platforms.
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Portable X-Ray Devices Market Size
The global portable X-ray devices market is expected to grow at an annual rate of around 10% to nearly $6.8 billion by 2022.
Growth in the historic period resulted from the population aging, growth of the home healthcare services market, and economic growth in emerging markets. Factors that negatively affected growth in the historic period were privacy and security concerns about data transfer in portable X-ray devices, and high prices of portable X-ray devices.
The portable X-ray devices market is concentrated. Key players in the market include General Electric Company, Siemens Healthineers AG, Koninklijke Philips N.V., Canon Inc., and Onex Corporation.
General Electric Company was the largest company in the portable X-ray devices market. It provides software-defined machines and solutions. It offers products and services ranging from aircraft engines, power generation and oil and gas production equipment to medical diagnostic and imaging equipment, financing and industrial products. The company was founded in 1892 and is headquartered in Boston, Massachusetts, USA. General Electric has employed approximately 283,000 people globally.
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Segmentation By Type Of Technology The portable X-ray devices market can be segmented by type of Technology into
- a) Computed Radiography X-Ray Devices
- b) Digital X-Ray Devices
- c) Analog X-Ray
Digital X-Ray Devices had the highest growth rate of 10.8% during the historic period. Growth has accelerated in all the segments of the global portable X-ray devices market segmented by type of technology.
Segmentation By Geography The portable X-ray devices market can be segmented by geography into
- d) Asia-Pacific
- e) Europe
- f) Americas
- g) MEA
Americas is the largest market for portable X-ray devices, accounting for almost 44.6% of the global market. It was followed by Europe, Asia-Pacific and MEA. Going forward, Asia-Pacific, and Europe will be the fastest growing regions in this market.
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