X-ray Machine Manufacturing Market Overview:
According to the latest report by IMARC Group, titled “X-ray Machine Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global x-ray machine manufacturing market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global X-ray machine manufacturing market size reached a value of US$ 14.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19.92 Billion by 2027 exhibiting a CAGR of 5.30% during 2022-2027.
X-ray machines are designed to perform imaging tests to detect bone deformities, fractures, and cancerous cells. They utilize a form of high-energy electromagnetic radiation that can pass through most objects to generate images of the structures and tissues inside the body. They are composed of two components: an X-ray generator and an image detection system. X-ray machines are manufactured using several high-precise components, such as rotors and anode cans, and offer high image quality, processing speed, and dosage reduction. As a result, the demand for x-ray machine manufacturing has escalated across airports, financial institutes, train stations, and healthcare facilities.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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X-Ray Machine Manufacturing Market Trends and Drivers:
The global x-ray machine manufacturing market is primarily driven by the increasing prevalence of respiratory, genitourinary, and cardiovascular disorders, especially among the geriatric population. Moreover, the rising national security concerns and criminal activities, including illegal transportation of arms and drug trafficking, have catalyzed the demand for x-ray security screening systems.
They help detect metallic and non-metallic objects hidden under clothes or body cavities for security purposes. Furthermore, the leading players are offering 3-D color x-ray to produce more accurate and cleaner images for better diagnosis. In line with this, extensive investments in research and development (R&D) activities to introduce advanced diagnostic machines that provide improved image quality, faster processing time, and dose reduction advantages have accelerated the product adoption rate.
Other factors, including the expanding geriatric population, improving healthcare infrastructure, escalating demand for painless and non-invasive disease diagnosis, favorable government initiatives, and technological advancements, are also anticipated to propel the market growth.
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Global X-Ray Machine Manufacturing Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Allengers Group, Canon Inc., Carestream Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hindrays, Hitachi Ltd., Narang Medical Limited, Shimadzu Corporation, Siemens AG and Vision Medicaid Equipments Private Limited.
The report has segmented the market on the basis of region, product type, technology and end user.
Breakup by Product Type:
Breakup by Technology:
Market Breakup by End User:
- Transportation and Logistics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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