The global digital mobile X-ray devices market has been experiencing significant expansion, with the latest market research revealing a robust growth trajectory. The market, valued at USD 3,610.8 million at the end of 2022, is projected to reach USD 3,873.7 million by the end of 2023, reflecting a continued upward trend.
Forecasts indicate a compelling compound annual growth rate (CAGR) of 6.5% from 2023 to 2033. This growth is primarily attributed to technological advancements and the rising prevalence of chronic diseases worldwide. The market is expected to double in value, reaching an estimated USD 7,272.7 million by the end of the forecast period.
The surge in adoption of digital mobile X-ray equipment is driven by advancements in technology that facilitate more accurate and timely diagnostics. This trend is further supported by a proactive patient base seeking early detection and effective management of chronic conditions, thereby enhancing global healthcare outcomes.
During the pandemic, there was a notable increase in demand for handheld digital X-ray machines, greatly benefiting market players. The advantages of digital mobile X-rays over traditional X-ray machines have created ample opportunities for growth in the sector.
According to a recent analysis by FMI, “The primary companies are producing high-end mobile radiography workflow and devices, which have gained popularity in recent years. Incorporating artificial intelligence (AI) into handheld X-ray technology for industrial use has demonstrated exceptional accuracy and sensitivity in detecting imaging abnormalities.”
Key Takeaways from the Digital Mobile X-Ray Devices Market Study:
- The United States leads in sales of digital mobile X-ray devices, accounting for nearly 27.9% of global revenue. North America, including Canada, held a 31.1% global market share in 2022.
- Germany was the dominant market in Europe, contributing approximately 7.1% to global sales in 2022.
- In Asia, China is the leading market for digital X-ray device manufacturers, with a projected growth rate of 8.1% CAGR through 2033.
- The computed radiography (CR) technology segment led the market, accounting for 52.6% of global revenue share in 2022.
- Mobile devices currently lead the market, representing about 91.1% of total sales in 2022.
- Sales of X-ray devices for installation in hospitals and medical institutes accounted for nearly 68.7% of total revenue in 2022.
Competitive Landscape:
The market is characterized by significant consolidation and competitive activity. Major players are focusing on product development and technological enhancements to stay ahead. Recent developments include:
- Agfa HealthCare introduced SmartXR for X-ray AI in December 2020, aiming to enhance digital radiography in field hospitals.
- Canon Medical Systems launched the OMNERA 500A Digital Radiography system in the United States in December 2020, featuring intelligent auto-positioning capabilities.
- Samsung unveiled the GM85 Fit in April 2022, a new configuration of its premium digital radiography instrument, designed for efficient patient care and FDA-approved.
Uncover Market Opportunities: Access the Complete Report on Digital Mobile X-Ray Devices Market
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.
Market Segmentation:
- 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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