Digital Mobile X-ray Devices Market Eyes a Remarkable US$7,272.7 Million Valuation by 2033-FMI Projection

Digital Mobile X-ray Devices Market
Digital Mobile X-ray Devices Markets

Digital Mobile X-ray Devices Market Trends

 

By the end of 2022, the digital mobile X-ray devices market sales is expected to be valued US$3,610.8 million, according to a study research. Global sales are projected to bring in a total of over US$3,873.7 million in revenue by 2023. Further projections indicate that the market might grow at a rate of 6.5% a year between 2023 and 2033. The market value for portable X-ray equipment might reach US$ 7,272.7 million by the end of the projected year 2033 if it continues its optimistic growth rate.

The worldwide adoption of digital mobile X-ray equipment is seeing a significant boom driven by technical improvements and an increasing prevalence of chronic illnesses. A well-informed patient base seeking early diagnostics not only boosts the industry but may also considerably improve patient outcomes globally.

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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.”

Key Takeaways :

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 European market, accounting for nearly 7.1% of total global sales in 2022.
  • In Asia, China is the leading Digital X-ray device manufacturer market, 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, accounting 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.

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 aims to optimize healthcare institutions’ workflow.

Samsung Company announced the GM85 Fit in April 2022, 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 Segmentats:

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)

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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