Global Ambulatory X-Ray Devices Market to Raise at a CAGR of over 8.2% by 2024

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Global Ambulatory X-Ray Devices Market
Global Ambulatory X-Ray Devices Market to Raise
at a CAGR of over 8.2 by 2024
Global Ambulatory X-Ray Devices Market is
expected to reach USD 2,670.2 million by 2024
from USD 1,421.4 million in 2016, at a CAGR of
8.2 in the forecast period 2017 to 2024.  The
new market report contains data for historic
years 2015, the base year of calculation is 2016
and the forecast period is 2017 to 2024.
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Report Description
The major factors contributing to the growth of
the market includes Factors such as rapid
increase in geriatric population, high incidences
and prevalence of target diseases, along with
technological advancement in X-ray devices and
new product launch with many advantages of
digital X-ray systems are driving the ambulatory
X-ray devices market. On the other hand, strict
regulatory procedures and high prices of
equipment hinder the growth of the market.
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Key Drivers

• High treatment cost and side effects associated
  with ablation treatment may hinder the growth of
  this market.
• According to American Cancer Society, in 2017,
  approximately 1,688,780 new cancer cases were
  diagnosed and 600,920 cancer deaths were reported
  in the US.
• Many companies are increasingly focusing on
  technological advancement of devices in order to
  strengthen their product portfolios in the
  ambulatory X-ray devices market.

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Players
The global ambulatory X-ray devices market is
highly concentrated to a few big players and rest
to local players who cater to domestic markets
only. Koninklijke Philips N.V.dominated the
ambulatory X-ray devicesmarket accounting for a
highest market share in 2016, followed by Siemens
AG and General Electric Company. Other players in
this market includeFUJIFILM Corporation, Toshiba
Corporation, Shimadzu Corporation, Hitachi, Ltd.,
Carestream Health, AmRad Medical, Canon U.S.A.,
Inc., Cuattro LLC, Konica Minolta and MinXray
Inc. among others holds 43.6 of the global
ambulatory X-ray devicesmarket in 2016.
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