PUBLISHER: Allied Market Research | PRODUCT CODE: 1225060
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225060
The ambulatory X-ray devices market valued for $1,699.16 million in 2021 and is estimated to reach $2,413.29 million by 2031, exhibiting a CAGR of 3.6% from 2022 to 2031.
Ambulatory care is the service offered by health care professionals in outpatient settings which includes medical offices and clinics, ambulatory surgery centers, hospital outpatient departments, and dialysis centers. X-ray devices which are used in ambulatory care centers for the diagnosis of various conditions are known as ambulatory X-ray devices. X-ray devices are the machines which produce X-rays, the form of electromagnetic radiation having wavelength 0.01 to 10 nanometers. Generation of X-ray by these devices mainly occur when the electrons are accelerated under a potential difference and turned into electromagnetic radiation. The basic components of X-ray devices include an X-ray tube and a generator. These electromagnetic radiations pass through an object, including the human body. Thus, are used for viewing the images of bones and other structures of the body.
Moreover, from many years, these X-ray devices have proved their application in healthcare industry for the purpose of diagnostic and treatment of various chronic diseases.
For the purpose of X-ray imaging, the patient is positioned in such a way that the body or part of the body is placed between the X-ray source and X-ray detector. As the ray passes through the body, there appears an image which is black and white in color depending on the type of tissue the X-rays pass through. For instance, human bone has higher densities than the muscles, thus appear to be white in color by absorbing more radiations. On the other hand, fracture in the bone appears to be black in color, which helps to detect the bone fractures in the body.
Moreover, recent advancements in X-ray devices have shown to obtain colorful images of the body, which further allows for easy detection of the condition. There are many types of X-rays that are used to diagnose conditions and diseases such as, mammography which is used to detect breast cancer, computed tomography (CT) scans, and fluoroscopy which involves the use of X-rays and a fluorescent screen for diagnosis of various conditions.
The increase in prevalence of various chronic diseases is the major factor driving the growth of the ambulatory x-ray devices market. arthritis in joints, heart problems (such as congestive heart failure), blood vessel blockages, digestive problems, cancer conditions are few of the conditions, which are on the raise day by day. Thus, for the purpose of diagnosis of these conditions, X-ray imaging can be used which assist the healthcare provider to decide the treatment regime for the patient. For instance, according to American Cancer Society, breast cancer is the common cancer in women in the U.S. and it counts for 30% (or 1 in 3) of all new female cancers each year. Moreover, it also states that an estimated about 287,850 new cases of invasive breast cancer were diagnosed in women in 2022, and lead to about 43,250 death cases in women. Such huge prevalence of breast cancer in U.S. demands for advanced technologies for the prevention, diagnosis and treatment of cancer. Thus, X-ray imaging is adopted on a large scale for diagnosis of breast cancer which is known as mammography whereas mammograms are images of the breast tissue produced on X-ray film. Screening mammography and diagnostic mammography is adopted based on the stage of the cancer. Thus, there is a rise in demand for X-ray devices in this field, which propels the growth of the ambulatory X-ray devices market.
In addition, major key players are offering wide range of fixed and mobile X-ray devices with significant product differentiation. For instance, Carestream Health offers a wide range of fixed X-ray devices such as DRX-Evolution Plus, DRX-Compass, DIRECTVIEW Classic CR System and Vita Flex CR System and mobile X-ray devices such as DRX-Revolution Nano Mobile X-ray System, DRX-Revolution Mobile X-ray System and Motion Mobile X-ray System. Thus, wide range of product offering by the key market players is anticipated to increase the adoption of X-ray imaging by healthcare providers and patients and thereby augment the growth of the market. In addition, product launch and product approval for X-ray devices by the key market players is also anticipated to boost the market during the forecast period. For instance, in September 2021, GE Healthcare launched the AMX Navigate, a new portable, digital X-ray system designed with a first-of-its-kind power-assisted free motion telescoping column that aims to reduce lift force by up to 70% and decrease technologist injury.
Although, various key factors are driving the growth of the market, minor complications associated with X-ray imaging is providing hindrance to the growth of the market. For instance, exposure to high X-ray levels can have side effects, such as vomiting, fainting, hair loss, and can damage living cell tissue of the patient as well as the technicians. Also, lack of awareness about advanced diagnostic procedures in underdeveloped countries also act as a restraint to the growth of the market.
The ambulatory X-ray devices market is segmented by type, application, end user and region. By type, the market is categorized into standalone and mobile. On the basis of application, the market is segregated into orthopedic, cancer, cardiovascular and other applications (dental, respiratory). On the basis of end user, the market is categorized into hospitals, ambulatory surgical centers, and others (clinics, urgent care centers). Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major Key players that operate in the ambulatory X-ray devices market are Amrad Medical Equipments, Canon Inc., Carestream Health Inc., FUJIFILM Corporation, General Electric Company, Koninklijke Philips N.V., Oehm und Rehbein GmbH, Siemens AG, Shimadzu Corporation, and Source-Ray, Inc.
Key Benefits For Stakeholders
By Type
By Application
By End user
By Region