Global Medical X-ray Market

Medical X-Ray Market Size, Share, Growth Analysis, By Type (Digital, Analog), By Technology (Film-Based Radiography, Computed Radiography), By Portability, By Application, By End Use, By Region - Industry Forecast 2025-2032


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

Medical X-ray Market Insights

Medical X-ray Market size was valued at USD 13 Billion in 2023 and is poised to grow from USD 13.77 Billion in 2024 to USD 23.08 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

Similar to visible light, X-rays are a type of electromagnetic radiation. X-rays have higher energy and can penetrate most materials, including the human body. Images of the tissues and structures inside the body are created using medical x-rays. An image of the "shadows" cast by the things inside the body will be created if x-rays that are traveling through the body also pass through an x-ray detector on the patient's opposite side.

Global market for medical x-rays is rising mainly due to the rising prevalence of chronic diseases. For instance, moderate or severe chronic obstructive pulmonary disease (COPD) affects more than 65 million individuals worldwide, and scientists predict that this figure will increase over the next 50 years. In the upcoming years, market growth is anticipated to be fueled by the growing trend of digital x-ray. The development of digital x-ray devices is being aided by increased government initiatives to support x-ray device research and development as well as expanding partnerships between IT and medical device companies.

US Medical X-ray Market is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Medical X-Ray Market size was valued at USD 13.8 billion in 2022 and is poised to grow from USD 14.6 billion in 2023 to USD 22.92 billion by 2031, growing at a CAGR of 5.8% during the forecast period (2024-2031). 

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. 'GE Healthcare (USA) ', 'Koninklijke Philips N.V. (Netherlands) ', 'Canon Medical Systems Corporation (Japan) ', 'Siemens Healthineers (Germany) ', 'Carestream Health (USA) ', 'Shimadzu Corporation (Japan) ', 'Fujifilm Holdings Corporation (Japan) ', 'Mindray Medical International Limited (China) ', 'Hitachi Ltd. (Japan) ', 'Agfa Healthcare (Belgium) ', 'Durr Dental SE & Co KG (Germany) ', 'Planmeca Oy (Finland) ', 'Dentsply Sirona Inc. (USA) ', 'Vatech Co., Ltd. (South Korea) ', 'Air Techniques Inc. (USA) ', 'Gendex (USA) ', 'Morita Corporation (Japan) ', 'Instrumentarium Dental Oy (Finland) ', 'Apteryx (New Zealand) ', 'Sirona Dental Systems GmbH (Germany)'

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Medical X-ray Market

Report ID: SQMIG35A2599

$5,300
BUY NOW GET FREE SAMPLE