Medical X-ray Market Analysis & Forecast to 2032 by Key Players, Share, Trend, Segmentation

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Medical X-ray Market by Type, Application,
Element - Global Trends and Forecast to 2032
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• Industry Insights

• Medical X-ray Market is anticipated to accrue
  notable gains through 2032, owing to the
  availability of numerous reimbursement policies
  for medical X-rays.
• Many governments across the world are rolling out
  favourable reimbursement schemes to make medical
  imaging accessible to strengthen healthcare
  infrastructure.
• In fact, in the U.S., a government-backed
  insurance program, Medicare, bears 80 of the
  price of an X-ray device, while the rest 20 is
  kept as an out-of-pocket expenditure.
• Overall, the medical X-ray industry is segmented
  in terms of type, technology, portability,
  application, end-use, and region.

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• Based on technology, the medical X-ray market
  from the direct radiography segment is slated to
  grow at over 6 CAGR from 2023 to 2032 on account
  of increasing demand for portable and mobile
  devices in digital X-ray space.
• Moreover, superior image acquisition capabilities
  and lower cost of mobile X-ray devices compared
  to their conventional counterparts would favor
  their adoption.
• Segment growth can also be attributed to the
  growing focus of market players in developing
  advanced mobile X-ray devices.
• For instance, in April 2022, Boston Imaging, the
  U.S.-based supplier of Samsung digital
  radiography products, launched GM85 Fit, a mobile
  radiography device, which recently received
  510(k) clearance from the U.S. FDA.

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• Regional Analysis

• On the regional front, Asia Pacific medical X-ray
  market is slated to garner over USD 5.5 billion
  in revenue by 2032. Increasing prevalence of
  chronic conditions in populous economies such as
  China and India have bolstered the need for
  medical X-ray procedures.

• Competitive Analysis

• Agfa Healthcare, Allengers Medical, Carestream
  Health, Canon Medical Systems, Dentsply Sirona
  Inc., Fujifilm Corporation, Konica Minolta, GE
  Healthcare, Hologic Inc., Midmark Corporation,
  Samsung Electronics Co. Ltd., Neusoft Medical
  systems, Koninklijke Philips N.V.

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