Portable X-Ray and CT Scan Devices Market Forecast Suggests Growth Owing To Enhanced Demand In Cancer & Cardiovascular Incidences And Orthopedic Sectors Till 2020: Grand View Research, Inc.

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New Market Research Reports Title Global Portable X-Ray and CT Scan Devices Market Analysis Size And Segment Forecasts To 2020 Has Been Added to GrandViewReseach.com Report Database

The portable x-ray and CT scan devices market was worth USD 4, 700 million in 2012. It is estimated to reach around USD 8, 400 million in 2020. The key market driver includes preference for home healthcare & bedside imaging. CT scans are performed post or during interventional healthcare procedures to gauge the accuracy of medical implants.

Rising cancer & cardiovascular incidences and orthopedic & dental disorders also drive market demand. Furthermore, the geriatric population worldwide results in more procedures involving medical implants. Asia and Latin America are expected to generate high demand for the portable x-ray and CT scan devices market in the future.

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These regions would grow owing to technological advancements and affordable products. The 12th Five Year Plan – an initiative by the Chinese government will play an important role in Asian expansion. The worldwide market may be segmented on the basis of products, technologies, and regions. Products are handheld x-ray devices, x-ray devices, mobile x-ray devices, and CT scan devices.

2012 was a significant year for mobile x-ray devices. These products enjoyed the largest share (over 89%) that year. However, handheld x-ray devices offer better maneuverability and are expected to grow at the fastest rate from 2013 to 2020. They are especially preferred in dentistry. Nomad Pro – an intraoral dental x-ray system, is a favorable trend in the portable x-ray and CT scan devices market.  CT scan devices earned about USD 1, 600 million in 2012.

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The technologies consist of x-ray devices, low slice scanners, high slice scanners, medium slice scanners, computed radiography, analog, digital radiography, and CT scan devices. Medium slice scanners, with over 61% shares, were the leading technology in 2012. Their strength lies in their high image resolution capabilities. Digital radiography will remain the fastest-growing segment (CAGR of 8.7% during 2013 to 2020). Its advantages include good quality images, low radiation risks, and high patient throughput rates.

Regional segments of the portable x-ray and CT scan devices market comprise Asia Pacific, Europe, North America, and Rest of the World (RoW). North America accounted for the maximum (about 30%) share in 2011. It would also remain the leader over the next seven years.

However, Asia Pacific is projected to grow at double digits on account of untapped nations like China and India. Philips Healthcare, Hitachi Medical Systems, GE Healthcare, and Siemens Healthcare are the chief participants of the global market. Philips Healthcare was the dominating player in 2012.

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