Global X-Ray Generator Market Size study & Forecast, by Type (Analog X-ray Systems, Digital X-ray Systems), by Application (General Radiography, Chest Imaging, Orthopedic imaging, Cardiovascular Imaging, Dental Imaging, Mammography, Cancer imaging, Fluoro

Global X-Ray Generator Market Size study & Forecast, by Type (Analog X-ray Systems, Digital X-ray Systems), by Application (General Radiography, Chest Imaging, Orthopedic imaging, Cardiovascular Imaging, Dental Imaging, Mammography, Cancer imaging, Fluoroscopy, Others), by Technology (Direct Radiography, Computed Radiography), by End User (Hospitals, Diagnostic Centers, Dental Care Centers) and Regional Analysis, 2023-2030

Global X-Ray Generator Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. X-Ray Generator is a device that utilizes a transformer to generate high voltage by converting low voltage, alternating current from a power source. This high voltage is then applied between the anode and the cathode. X-ray generators find applications in various fields, including medicine, electronic assembly inspection, X-ray fluorescence, and manufacturing processes for determining material thickness. The changing lifestyle of people has resulted in an increased prevalence of chronic diseases, creating a high demand for efficient diagnostic tools. This, in turn, drives the growth of the X-ray generator market. Additionally, the growing geriatric population, which is highly affected by chronic diseases, further fuels the demand for X-ray generators. The application of X-ray generators in these sectors addresses this demand, contributing to significant market growth potential.

Moreover, the rising demand for Diagnostic Imaging Devices has a direct impact on the growth of the X-ray Generator Market. Diagnostic Imaging Devices, such as X-ray machines, CT scanners, and mammography systems, rely on X-ray generators to produce the necessary radiation for medical imaging. As the demand for these imaging devices increases, so does the need for X-ray generators to power them. According to Statista, in 2020, the diagnostic imaging devices market was valued USD 39.69 billion, in 2022 the market reached USD 43.84 billion and it is anticipated to reach USD 50.78 billion by 2025. Additionally, the rise in demand for stringent security scanning systems and increasing demand for advanced medical diagnostics provide lucrative opportunities to the market. However, Stringent regulations stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global X-Ray Generator Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to a high penetration rate for new and efficient technologies. According to the National Cancer Institute in 2020, In the United States, it is estimated that approximately 1,806,590 new cases of cancer were diagnosed in 2020, resulting in 606,520 deaths from the disease. Additionally, the number of cancer survivors in the country was approximately 16.9 million. It is projected that by the year 2030, the number of cancer survivors rise to 22.2 million. Asia Pacific is expected to grow at fastest growth rate during the forecast period, owing to the expansion strategies and the high R&D investment by key players present in this region. Moreover, the availability of raw material parts at a relatively cheaper cost is anticipated to support the market growth.

Major market player included in this report are:
Gulmay Ltd.
Medical Econet GmbH
Teledyne ICM X-ray
Proximus Medical
COMET Group
GE Healthcare Inc.
Spellman High Voltage Electronics Corporation
Philips Healthcare Informatics Inc.
Communications & Power Industries Inc
Siemens Healthcare Private Limited

Recent Developments in the Market:
In March 2020, Siemens launched the ARTIS icono, a biplane angiography system. It is designed for diagnostic imaging and interventional treatment of various patients, including obese and pediatric patients. The system features a movable display suspension system at the ceiling to showcase X-ray images, while the X-ray generator is located separately. In September 2019, the system received clearance from the US Food and Drug Administration (FDA), and its first installation took place at UW Health's University Hospital in Madison, Wisconsin, in February 2020.

Global X-Ray Generator Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Application, Technology, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Analog X-ray Systems
Digital X-ray Systems
By Application:
General Radiography
Chest Imaging
Orthopedic imaging
Cardiovascular Imaging
Dental Imaging
Mammography
Cancer imaging
Fluoroscopy
Others
By Technology:
Direct Radiography
Computed Radiography
By End User:
Hospitals
Diagnostic Centers
Dental Care Centers

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Gulmay Ltd.
Medical Econet GmbH
Teledyne ICM X-ray
Proximus Medical
COMET Group
GE Healthcare Inc.
Spellman High Voltage Electronics Corporation
Philips Healthcare Informatics Inc.
Communications & Power Industries Inc
Siemens Healthcare Private Limited

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