The global digital mobile x-ray devices market has been on a rapid growth trajectory, as highlighted in the latest market research report. By the end of 2022, the market value had already surged to USD 3,610.8 million, with projections indicating a further increase to USD 3,873.7 million by the end of 2023.
The report forecasts a robust compound annual growth rate (CAGR) of 6.5% from 2023 to 2033, driven by technological advancements and a rising prevalence of chronic diseases worldwide. This growth trajectory positions the market to potentially double in value, reaching an estimated USD 7,272.7 million by the conclusion of the forecast period.
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The increasing adoption of digital mobile X-ray equipment is primarily fueled by advancements in technology, enabling more accurate and timely diagnostics. This trend is further bolstered by a proactive patient base seeking early detection and management of chronic conditions, thereby improving global healthcare outcomes.
During the pandemic years, higher demand for handheld digital X-ray machines benefited the market players immensely. Growing awareness regarding the numerous benefits of digital mobile X-rays versus traditional X-ray machines has created higher opportunities for the market players.
“The primary companies are producing high-end mobile radiography workflow and devices, which have grown in popularity in the last few years. Also incorporating artificial intelligence (Al) into handheld X-ray for industrial use has shown outstanding accuracy and sensitivity in the identification of imaging abnormalities.” – FMI analyst
Key Takeaways from the Digital Mobile X-Ray Devices Market Study:
- The United States is the leading market in sales of digital mobile X-Ray devices accounting for almost 27.9% of the global revenue. North America, including Canada, was figured out to be the leading region with 31.1% global market share in 2022.
- Germany dominated the Europe market, accounting for nearly 7.1% of total global sales in 2022.
- In Asia, China is the leading market for Digital X-ray device manufacturers that is poised to grow at 8.1% CAGR through 2033.
- The computed radiography (CR) technology segment led the market for digital mobile x-ray systems, accounting for 52.6% of global revenue share in 2022.
- Currently, the mobile devices segment leads the global market as it accounted for nearly 91.1% of the total sales achieved in 2022.
- Most sales of X-ray devices were for installation in hospitals and medical institutes, accounting for almost 68.7% of total revenue in the year 2022.
Competitive Landscape:
According to the digital X-ray devices market competition analysis report, the overall market is almost consolidated and fairly competitive. Product development and technical improvements by leading X-ray equipment suppliers are prominent market strategies these days.
Recent Developments in the Digital Mobile X-Ray Devices Industry:
- The Agfa HealthCare Company announced its new SmartXR for X-ray Artificial Intelligence (AI) in December 2020. The company aims to boost its digital radiography device portfolio to help with radiography in field hospitals.
- Canon Medical System Incorporated started offering the OMNERA 500A Digital Radiography system in the United States in December 2020. This novel system with an enhanced intelligent auto-positioning capability is aimed to optimize the workflow at healthcare institutions.
- Samsung Company announced the GM85 Fit in April 2022, which is a new configuration of the premium digital radiography instrument AccE GM85. It has a user-centric design that assists in efficient and successful patient care which obtained approval from the United States Food and Drug Administration.
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Key Players in the Digital Mobile X-Ray Devices Market:
- Canon Inc.
- Carestream Health
- General Electric
- Siemens Healthcare
- Koninklijke Philips N.V.
- FUJIFILM Corporation
- Shimadzu Corporation
- Ziehm Imaging GmbH
- MinXray, Inc
Key Segments Covered in the Digital Mobile X-Ray Devices Market:
By Product:
- Mobile Devices
- Handheld Devices
By Technology:
- Computed Radiography
- Direct Radiography
By Application:
- Orthopedic Imaging
- Chest Imaging
- Dental Imaging
- Other Applications
By End User:
- Hospitals
- Radiology Centers
- Outpatient Clinics
- Other End Users
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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