Global Medical XRay Equipment And Overview
Medical X-ray equipment and imaging software is the basic healthcare system incorporated in many of the hospitals, healthcare centres and other medical facilities. X-ray is widely used to detect lung and breast cancer. A computed tomography (CT) scan can detect small lesions in the lungs that goes undetected on an X-ray. Many countries spend more on the healthcare industry and upgrade to the latest equipment and solutions to improve the healthy population.
Global Medical XRay Equipment And Drivers & Restraints
Rise in incidences of diseases and growing geriatric population increases the use of the medical X-ray equipment and the imaging software which is the major driving factor for the growth of the global market. Moreover, the increase in investments in the healthcare industry due to favourable government initiatives which is another growth factor for the target market. However, there are some security issues associated with the software which is the major restraining factor for the growth of the global market. According to WHO (World’s Health Organization), approximately 70% of cancer deaths are recorded in the low- and middle- income countries. This can create an opportunity for the companies for the investment in R&D activities and offers the equipment and imaging software at a competitive rather than standard market value.
Global Medical XRay Equipment And Segmentations & Regional Insights
The medical X-ray equipment and imaging software market is segmented based on type, technology, image type, end-user, and region.
Based on type, the medical X-ray equipment and imaging software market is segmented into the equipment and software. Equipment is the dominating segment in the market due to the availability of the equipment based x-rays. Based on the technology, the target market is segmented into radiography/mammography, computed tomography, and fluoroscopy/angiography. Based on image type, the global market is classified as 2-dimensional and 3-dimensional. Based on end-user, the target market is bifurcated into hospitals, diagnostic centres, and research centres.
Based on the region the medical X-ray equipment and imaging software market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia- Pacific region accounts highest revenue share to the medical X-ray equipment and imaging software market due to the increasing rate of the cancer diagnosis. North America region have significant growth for the medical X-ray equipment and imaging market due to growing demand and improvise in the healthcare ecosystem.
Medical X-Ray Equipment and Imaging Software Market, By Type:
- Equipment
- Software
Medical X-Ray Equipment and Imaging Software Market, By Technology:
- Radiography/Mammography
- Computed Tomography
- Fluoroscopy/Angiography
Medical X-Ray Equipment and Imaging Software Market, By Image Type:
- 2-Dimensional
- 3-Dimensional
Medical X-Ray Equipment and Imaging Software Market, By End- User:
- Hospitals
- Diagnostic Centers
- Research Centers
Medical X-Ray Equipment and Imaging Software Market, By Region:
- North America
- North America Medical X-Ray Equipment and Imaging Software Market, By Type
- North America Medical X-Ray Equipment and Imaging Software Market, By Technology
- North America Medical X-Ray Equipment and Imaging Software Market, By Image Type
- North America Medical X-Ray Equipment and Imaging Software Market, By End- User
- North America Medical X-Ray Equipment and Imaging Software Market, By Country
- The U.S.
- Canada
- Europe
- Europe Medical X-Ray Equipment and Imaging Software Market, By Type
- Europe Medical X-Ray Equipment and Imaging Software Market, By Technology
- Europe Medical X-Ray Equipment and Imaging Software Market, By Image Type
- Europe Medical X-Ray Equipment and Imaging Software Market, By End- User
- Europe Medical X-Ray Equipment and Imaging Software Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Medical X-Ray Equipment and Imaging Software Market, By Type
- Asia Pacific Medical X-Ray Equipment and Imaging Software Market, By Technology
- Asia Pacific Medical X-Ray Equipment and Imaging Software Market, By Image Type
- Asia Pacific Medical X-Ray Equipment and Imaging Software Market, By End- User
- Asia Pacific Medical X-Ray Equipment and Imaging Software Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Medical X-Ray Equipment and Imaging Software Market, By Type
- Latin America Medical X-Ray Equipment and Imaging Software Market, By Technology
- Latin America Medical X-Ray Equipment and Imaging Software Market, By Image Type
- Latin America Medical X-Ray Equipment and Imaging Software Market, By End- User
- Latin America Medical X-Ray Equipment and Imaging Software Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Medical X-Ray Equipment and Imaging Software Market, By Type
- Middle East & Africa Medical X-Ray Equipment and Imaging Software Market, By Technology
- Middle East & Africa Medical X-Ray Equipment and Imaging Software Market, By Image Type
- Middle East & Africa Medical X-Ray Equipment and Imaging Software Market, By End- User
- Middle East & Africa Medical X-Ray Equipment and Imaging Software Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Medical XRay Equipment And Competitive Landscape & Key Players
The key players operating the medical X-ray equipment and imaging software market involves GE Healthcare Inc., Koninklijke Philips NV, Hitachi Ltd., Canon Inc., Siemens Healthcare GmbH, Shimazdu Corporation, Carestream Health Inc., Fujifilm Holdings Corporation, Konica Minolta Inc., and MGM Healthcare Pvt. Ltd. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in 2018, MGM Healthcare Pvt. Ltd announced its plan to launch a new chain of hospitals, due to the establishment of 400-bed state-of-the-art medical institution, in South India.
Global Medical XRay Equipment And Company Profile
- GEHealthcare Inc.
- Company Overview
-
- Type Portfolio
- Key Highlights
- Financial Performance
- Koninklijke Philips NV
- Hitachi Ltd
- Canon Inc.
- Siemens Healthcare GmbH
- Shimazdu Corporation
- Carestream Health Inc.
- Fujifilm Holdings Corporation
- Konica Minolta Inc.
- MGM Healthcare Pvt. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
FAQs
Medical X-Ray Equipment and Imaging Software Market worth US$ 25.7 Billion in 2020 with a CAGR of 11.80 %
The Medical X-Ray Equipment and Imaging Software Market is segmented into type, technology, image type, end-user, and region.
Upcoming trends and opportunities in the Medical X-Ray Equipment and Imaging Software Market include advancements in AI and machine learning for enhanced image analysis, the integration of cloud-based solutions for better data management, increasing adoption of portable and digital X-ray devices, and the development of 3D imaging technology.
Factors driving the Non-invasive Ventilators Market include the rising prevalence of respiratory diseases, increasing demand for home healthcare, advancements in ventilator technology, and the growing aging population.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia- Pacific is estimated to witness a significantly high revenue share over the forecast period.
The prominent player operating in the medical X-ray equipment and imaging software market includes GE Healthcare Inc., Koninklijke Philips NV, Hitachi Ltd., Canon Inc., Siemens Healthcare GmbH, Shimazdu Corporation, Carestream Health Inc., Fujifilm Holdings Corporation, Konica Minolta Inc., and MGM Healthcare Pvt. Ltd.