What is the global market size of Medical X-ray Market?

Global Medical X-ray Market size was valued at USD 12.28 billion in 2021 and is poised to grow from USD 13 billion in 2022 to USD 21.79 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).

Medical X-ray Market Size, Share, Growth Analysis, By Type(Standard Computed Tomography, Kidney, Ureter, Bladder X-rays), By Application(Medical Applications, General Radiography, Chest Imaging Applications, Orthopedic Applications), By End User(Hospitals, Diagnostic centers, Research Laboratories, Others), By Technology(Digital and CR/analog), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Medical X-ray Market?

Global Medical X-ray Market is nearly consolidated and moderately competitive with some of the prominent players which are operating in the medical X-ray market including Siemens Healthcare, GE Healthcare, Hitachi Medical, Hologic, and Canon Medical Systems, strategic initiatives have helped them to maintain their financial stability in the market. 'Siemens Healthcare Private Limited (Germany)', 'GENERAL ELECTRIC COMPANY (US)', 'Koninklijke Philips N.V.', 'Canon Medical Systems Corporation', 'Carestream Health, Inc.', 'Shimadzu Corporation', 'Fujifilm Holdings Corporation', 'Hitachi, Ltd.', 'Hologic, Inc.', 'Samsung Medison Co., Ltd.', 'Agfa-Gevaert N.V.', 'Ziehm Imaging GmbH', 'Analogic Corporation', 'Allengers Medical Systems Limited', 'Eurocolumbus s.r.l.', 'BMI Biomedical International s.r.l.', 'Control-X Medical GmbH', 'Poskom Co., Ltd.', 'Varian Medical Systems, Inc.', 'Vieworks Co., Ltd.'.

Report ID: SQMIG35A2599 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 126 | Figures: 77

Medical X-ray Market News

In May 2022, Canon Medical Systems Corporation Receives Ministry of Economy, Trade and Industry Invention Award at 2022 National Commendation for Invention of the Signal Processing Method using Ultrasound Imaging Apparatus for Visualizing Low-speed Micro-vascular Flow.
In April 2022, Varian partners with Icon Group to advance patient-centric solutions. By this, Icon will participate in clinical and technical research programs, product evaluation projects, and clinical consultations with Varian to offer Icon's clinical expertise and industry perspectives throughout product development.

Medical X-ray Market Report Snapshots

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Medical X-ray Market size was valued at USD 12.28 billion in 2019 and is poised to grow from USD 13 billion in 2023 to USD 21.79 billion by 2031, growing at a CAGR of 5.9% in the forecast period (2024-2031).

Medical X-ray Market is nearly consolidated and moderately competitive with some of the prominent players which are operating in the medical X-ray market including Siemens Healthcare, GE Healthcare, Hitachi Medical, Hologic, and Canon Medical Systems, strategic initiatives have helped them to maintain their financial stability in the market. 'Siemens Healthcare Private Limited (Germany)', 'GENERAL ELECTRIC COMPANY (US)', 'Koninklijke Philips N.V.', 'Canon Medical Systems Corporation', 'Carestream Health, Inc.', 'Shimadzu Corporation', 'Fujifilm Holdings Corporation', 'Hitachi, Ltd.', 'Hologic, Inc.', 'Samsung Medison Co., Ltd.', 'Agfa-Gevaert N.V.', 'Ziehm Imaging GmbH', 'Analogic Corporation', 'Allengers Medical Systems Limited', 'Eurocolumbus s.r.l.', 'BMI Biomedical International s.r.l.', 'Control-X Medical GmbH', 'Poskom Co., Ltd.', 'Varian Medical Systems, Inc.', 'Vieworks Co., Ltd.'

Technical advancement in diagnostic imaging in developed countries

Deep learning has received a lot of attention recently and has made remarkable progress in a number of areas. Deep learning integration in X-ray CT has established itself as an irreversible trend.

In 2021, North America dominated the market as a whole and generated the majority of worldwide revenue. The presence of numerous industry players and the frequent introduction of new products in the region are the main drivers of regional market expansion. Furthermore, many market players are now contributing to technologically advanced medical x-ray systems which are increasing the market growth in that region.

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