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

Global 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).

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.