Press release
X-Ray Systems Devices And Equipment Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
How Big Is the X-Ray Systems Devices And Equipment Market Expected to Be, and What Will Its Growth Rate Be?
The market size for X-ray systems devices and equipment has significantly expanded in the past few years. It is projected to rise from $17.32 billion in 2024 to $18.51 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.8%. Factors such as medical diagnostics, population growth, an ageing population, and preventive and routine healthcare have spurred the growth in the historic period.
The market for X-ray systems, devices, and equipment is anticipated to witness robust expansion in the coming years. The market size is projected to reach $23.65 billion by 2029, with a compound annual growth rate (CAGR) of 6.3%. The expected growth during the forecast period can be attributed to the digital transformation, specific applications, population health management, and improvements in radiation safety. Furthermore, the forecast period will likely see major trends such as 3D and cone-beam CT imaging, point-of-care X-ray, AI-enhanced imaging, as well as remote and mobile imaging.
What Are the Primary Growth Drivers for the X-Ray Systems Devices And Equipment Market?
The uptick in injuries on a global scale is fuelling the market for medical diagnostic X-ray systems, devices, and equipment. The increased volume of accidents, sports-related injuries, acute muscle trauma, bone damage, among others, are contributing to the demand for diagnostic apparatus, in particular, X-ray machinery and related paraphernalia. For example, as per the records of the UK's National Health Service, England executed 44.0 million imaging tests in the year ending in March 2022. This figure represents a 26% augmentation from the prior year, which recorded 34.9 million tests. Notably, X-rays topped the list with 21.8 million tests, up by 30%, followed by ultrasound at 10.1 million, increasing by 23%. CT scans accounted for 6.7 million tests, up by 21%, and MRI scans, which increased by 28% to a total of 3.8 million. All other diagnostic imaging modes also registered growth: fluoroscopy by 23%, nuclear medicine by 22%, SPECT by 39%, PET-CT scans by 20%, and medical photography by 11%. Thus, the medical diagnostic X-ray systems, devices, and equipment market is being propelled by an escalating prevalence of injuries globally.
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Who Are the Dominant Companies Influencing X-Ray Systems Devices And Equipment Market Trends?
Major companies operating in the X-ray systems devices and equipment market include Siemens Healthcare, Carestream Health, Philips Healthcare, Hitachi Medical, GE Healthcare, Shimadzu Corporation, Fujifilm Holdings, Toshiba Medical Systems Corporation, Canon Inc., Agfa HealthCare N.V., Hologic Inc., Konica Minolta, Samsung, Analogic Corporation, Summit Industries, Rapiscan Systems, Swissray International Inc., Ziehm Imaging GmbH, RMS India, KUB Technologies Inc., Source Ray Inc., Allengers Medical Systems, Dentsply Sirona, Bennett, MinXray Inc., Varian Medical Systems, Angell Technology, Control-X Medical, DMS Imaging, Esaote, IAE SPA, Infimed Sp. z o.o., Medonica Healthcare Private Limited, PerkinElmer Inc., Planmed Oy
How Is the X-Ray Systems Devices And Equipment Market Evolving?
An uptick in mergers and acquisitions is being observed within the market for X-ray systems devices and equipment. The primary impetus for this activity is companies' intent to broaden their operations into the realms of medical/diagnostic imaging and radiology. In this vein, Shimadzua, a Japanese firm specializing in the production of precision and measuring instruments as well as medical equipment, completed the acquisition of X-ray Imaging Services, Inc. in April 2024, although the exact financial details remain undisclosed. The purchase of California X-ray Imaging Services, Inc. (CIS) by Shimadzu Medical Systems USA is part of their strategy to bolster direct sales and service areas within the U.S., with a special focus on the West Coast. X-ray Imaging Services, Inc. is recognized as a top-tier security equipment supplier to governmental and business entities in California.
What Are the Different Segmentations in the X-Ray Systems Devices And Equipment Market?
The X-ray systems devices and equipment market covered in this report is segmented -
1) By Type: Portable Type, Stationary Type
2) By Product Type: Computed Tomography, Mobile X-Ray Devices, C-Arm Devices, Dental X-Ray, Mammography, Other Product Types
3) By image type: 2D images, 3D images, 4D images 4) By Technology: Analog X-Ray Machine , Digital X-Ray Machine
4) By Technology: Analog X-Ray Machine, Digital X-Ray Machine
5) By Application: Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Other Applications
Subsegments:
1) By Portable Type: Mobile X-Ray Systems, Handheld X-Ray Devices, Veterinary X-Ray Systems
2) By Stationary Type: Conventional X-Ray Systems, Computed Radiography (CR) Systems, Digital Radiography (DR) Systems, Fluoroscopy X-Ray Systems
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/x-ray-systems-devices-and-equipment-global-market-report
Which Region Is at the Forefront of the X-Ray Systems Devices And Equipment Market?
Western Europe was the largest region in the global X-ray devices and equipment market in 2023. North America was the second-largest region in global X-ray devices and equipment market share. The regions covered in the x-ray systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The X-Ray Systems Devices And Equipment Global Market Report?
- Market Size Analysis: Analyze the X-Ray Systems Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the X-Ray Systems Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall X-Ray Systems Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the X-Ray Systems Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3810
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The market size for X-ray systems devices and equipment has significantly expanded in the past few years. It is projected to rise from $17.32 billion in 2024 to $18.51 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.8%. Factors such as medical diagnostics, population growth, an ageing population, and preventive and routine healthcare have spurred the growth in the historic period.
The market for X-ray systems, devices, and equipment is anticipated to witness robust expansion in the coming years. The market size is projected to reach $23.65 billion by 2029, with a compound annual growth rate (CAGR) of 6.3%. The expected growth during the forecast period can be attributed to the digital transformation, specific applications, population health management, and improvements in radiation safety. Furthermore, the forecast period will likely see major trends such as 3D and cone-beam CT imaging, point-of-care X-ray, AI-enhanced imaging, as well as remote and mobile imaging.
What Are the Primary Growth Drivers for the X-Ray Systems Devices And Equipment Market?
The uptick in injuries on a global scale is fuelling the market for medical diagnostic X-ray systems, devices, and equipment. The increased volume of accidents, sports-related injuries, acute muscle trauma, bone damage, among others, are contributing to the demand for diagnostic apparatus, in particular, X-ray machinery and related paraphernalia. For example, as per the records of the UK's National Health Service, England executed 44.0 million imaging tests in the year ending in March 2022. This figure represents a 26% augmentation from the prior year, which recorded 34.9 million tests. Notably, X-rays topped the list with 21.8 million tests, up by 30%, followed by ultrasound at 10.1 million, increasing by 23%. CT scans accounted for 6.7 million tests, up by 21%, and MRI scans, which increased by 28% to a total of 3.8 million. All other diagnostic imaging modes also registered growth: fluoroscopy by 23%, nuclear medicine by 22%, SPECT by 39%, PET-CT scans by 20%, and medical photography by 11%. Thus, the medical diagnostic X-ray systems, devices, and equipment market is being propelled by an escalating prevalence of injuries globally.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3810&type=smp
Who Are the Dominant Companies Influencing X-Ray Systems Devices And Equipment Market Trends?
Major companies operating in the X-ray systems devices and equipment market include Siemens Healthcare, Carestream Health, Philips Healthcare, Hitachi Medical, GE Healthcare, Shimadzu Corporation, Fujifilm Holdings, Toshiba Medical Systems Corporation, Canon Inc., Agfa HealthCare N.V., Hologic Inc., Konica Minolta, Samsung, Analogic Corporation, Summit Industries, Rapiscan Systems, Swissray International Inc., Ziehm Imaging GmbH, RMS India, KUB Technologies Inc., Source Ray Inc., Allengers Medical Systems, Dentsply Sirona, Bennett, MinXray Inc., Varian Medical Systems, Angell Technology, Control-X Medical, DMS Imaging, Esaote, IAE SPA, Infimed Sp. z o.o., Medonica Healthcare Private Limited, PerkinElmer Inc., Planmed Oy
How Is the X-Ray Systems Devices And Equipment Market Evolving?
An uptick in mergers and acquisitions is being observed within the market for X-ray systems devices and equipment. The primary impetus for this activity is companies' intent to broaden their operations into the realms of medical/diagnostic imaging and radiology. In this vein, Shimadzua, a Japanese firm specializing in the production of precision and measuring instruments as well as medical equipment, completed the acquisition of X-ray Imaging Services, Inc. in April 2024, although the exact financial details remain undisclosed. The purchase of California X-ray Imaging Services, Inc. (CIS) by Shimadzu Medical Systems USA is part of their strategy to bolster direct sales and service areas within the U.S., with a special focus on the West Coast. X-ray Imaging Services, Inc. is recognized as a top-tier security equipment supplier to governmental and business entities in California.
What Are the Different Segmentations in the X-Ray Systems Devices And Equipment Market?
The X-ray systems devices and equipment market covered in this report is segmented -
1) By Type: Portable Type, Stationary Type
2) By Product Type: Computed Tomography, Mobile X-Ray Devices, C-Arm Devices, Dental X-Ray, Mammography, Other Product Types
3) By image type: 2D images, 3D images, 4D images 4) By Technology: Analog X-Ray Machine , Digital X-Ray Machine
4) By Technology: Analog X-Ray Machine, Digital X-Ray Machine
5) By Application: Cardiovascular, Respiratory, Mammography, Dental, Orthopedics, Other Applications
Subsegments:
1) By Portable Type: Mobile X-Ray Systems, Handheld X-Ray Devices, Veterinary X-Ray Systems
2) By Stationary Type: Conventional X-Ray Systems, Computed Radiography (CR) Systems, Digital Radiography (DR) Systems, Fluoroscopy X-Ray Systems
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/x-ray-systems-devices-and-equipment-global-market-report
Which Region Is at the Forefront of the X-Ray Systems Devices And Equipment Market?
Western Europe was the largest region in the global X-ray devices and equipment market in 2023. North America was the second-largest region in global X-ray devices and equipment market share. The regions covered in the x-ray systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The X-Ray Systems Devices And Equipment Global Market Report?
- Market Size Analysis: Analyze the X-Ray Systems Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the X-Ray Systems Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall X-Ray Systems Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the X-Ray Systems Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3810
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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