Portable X-Ray and CT Scan Devices Market Highlights 2020 – 2029
The portable x-ray and CT scan devices market is assessed to garner huge revenue by growing at a notable CAGR over the forecast period, i.e., 2021 – 2029. The growth of the market can be attributed to the increasing prevalence of target diseases such as cancer, cardiovascular disorders, tuberculosis and others, growing elderly population worldwide, and the rising demand for home healthcare. On an average, more than 14 million patients visit homecare settings in the United States every year. In addition to these, usage of portable x-ray and CT scan devices is considered to be fairly reasonable as a result of the elimination of storage costs associated with x-ray films and hard copies. This is another crucial factor projected to drive market growth in the coming years.
The market is segmented by product type into x-ray and CT scan devices, out of which the x-ray segment is sub-segmented into mobile and handheld devices. Among these, the segment for handheld x-ray devices is anticipated to hold the largest share in the portable x-ray and CT scan devices market on account of growing application of these equipment in the field of dentistry. Furthermore, x-ray devices, in general, are projected to occupy bigger market share owing to the cost effectiveness of these medical appliances and the ability to emit lower radiations. The global x-ray market is calculated to be valued at more than USD 16 billion by the end of 2025, up from USD 11.4 billion in 2019. Additionally, on the basis of technology, the digital radiography segment is expected to witness significant growth over the forecast period, which can be credited to the faster image acquisition rates, low radiation threats and high mobility of devices in-built with this technology.
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Global Portable X-Ray and CT Scan Devices Market Regional Synopsis
Based on geographical analysis, the portable x-ray and CT scan devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in the North America region is estimated to grab a noteworthy share over the forecast period on the back of growing technological advancements to develop handheld x-ray devices with improved efficiency and the rising demand for these devices in hospital and clinic facilities. However, Asia Pacific’s market is evaluated to exhibit the highest CAGR during the forecast period owing to the increasing penetration of computed radiography systems and the rapid growth of geriatric population in the region. According the World Health Organization (WHO), the population of people aged 60 or above will be increased by 20.3% by 2050. Growing emphasis of government to revive medical infrastructure is also projected to boost the expansion of market in this region.
The portable x-ray and CT scan devices market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the portable x-ray and CT scan devices market includes the following segments:
By Product Type
- X-Ray Devices
- Mobile X-Ray Devices
- Handheld X-Ray Devices
- CT Scan Devices
By Technology
- X-Ray Devices
- Analog
- Computer Radiography
- Digital Radiography
- CT Scan Devices
- Low Slice Scanners
- Medium Slice Scanners
- High Slice Scanners
Growth Drivers
- Rising Prevalence of Target Diseases of these Devices to Drive Market Growth
- Cost Reduction Associated with the Usage of Portable Devices to Boost Market Growth
Challenges
- High Susceptibility of Portable X-Ray and CT Scan Devices to Security Breach to Hinder Market Growth
Top Featured Companies Dominating the Market
- GENERAL ELECTRIC COMPANY
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hitachi Healthcare Americas
- MinXray, Inc.
- Siemens Healthcare GmbH
- Koninklijke Philips N.V.
- Ziehm Imaging GmbH
- CurveBeam LLC
- Accuracy Incorporated
- Toshiba International Corporation
- Shimadzu Corporation
