Global Portable X-ray Devices Market 2023-2030

Global Portable X-ray Devices Market 2023-2030

Global Portable X-ray Devices Market Size, Share & Trends Analysis Report by Technology (Computed Radiography, and Digital X-ray), by Application (Dental X-ray, Mammography, Chest X-ray, and Abdomen X-ray), by Modality (Handheld X-ray Devices, and Mobile X-ray Devices) and by End User (Hospitals and Clinics, Diagnostic Centers and Imaging Facilities, Military and Defense, and Others) Forecast Period (2024-2031)

The global portable x-ray devices market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The market’s growth is attributed to the increasing demand for diagnostic precision and imaging quality increase to enhanced image quality. Manufacturers seek devices that provide high-quality images and diagnostic precision, in accordance with the market's emphasis on precise diagnoses and improved results for patients. For instance, in May 2023, Carestream Launched DRX-Rise Mobile X-ray System. This feature-rich, fully integrated digital X-ray device provides companies with an efficient routes to digital imaging, in addition to the replacement or expansion of the prior DR fleet, while requiring a substantial financial commitment.

Segmental Outlook

The global portable x-ray devices market is segmented on the technology, application, modality and end user. Based on the technology, the market is sub-segmented into computed radiography, and digital x-ray. Based on the application, the market is sub-segmented into dental x-ray, mammography

chest x-ray, and abdomen x-ray. Based on the modality, the market is sub-segmented into handheld x-ray devices, and mobile x-ray devices. Furthermore, on the basis of end user, the market is sub-segmented into hospitals and clinics, diagnostic centers and imaging facilities, military and defense, and others. The dental x-ray subcategory is expected to capture a significant portion of the market share within the application segment. The growth can be attributed to the increased oral concerns and an aging population. The portable imaging devices are ideal for dental clinics that constantly migrate.

The Digital X-ray Sub-Segment is Anticipated to Hold a Considerable Share of the global Portable X-ray Devices Market

Among the technology, the digital x-ray sub-segment is expected to hold a considerable share of the global portable x-ray devices market. The segmental growth is attributed to the demand for regulatory compliance and dependability. The system's dependability and adherence to quality standards strengthen its market relevance. Its dependability operates with regulatory requirements, ensuring safe and effective imaging practices. For instance, in November 2023, Carestream Health launched a new digital-ready x-ray system called Horizon for small-to-midsize imaging centers, orthopedic facilities, urgent care centers, and hospitals. The system is a compact manual analog system developed for smaller healthcare facilities, with ease of use, dependability, low maintenance expenses, and a cheap initial investment.

Regional Outlook

The global portable x-ray devices market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the healthcare industry benefits from a growing population and government support.

The North America Region is Expected to Grow at a Significant CAGR in the global Portable X-ray Devices Market

Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the increasing enhanced detection rates. The mean cancer detection rates, while slightly decreasing, highlight mammography's sustained success in discovering malignancies, and showing advances in detection technologies. According to the BCM Medicine, in December 2023, the study population consisted of 3,665,078 women who underwent a total of 8,169,869 examinations. Over the study period, the screened population increased significantly from 3.9% in 2004 to 40% in 2019. The mean cancer detection rate was 4.76 and 4.08 cancers per 1000 screening mammograms respectively. Additionally, the 10-year survival rate showed a notable improvement from 89.68% in the early period to 97.33% in the latter period. The mean recall rate also decreased from 9.90% to 8.15% across the same time periods. These findings reinforce the benefits of mammographic screening, including a reduction in breast cancer mortality, lower treatment morbidity, and an increase in life expectancy

Market Players Outlook

The major companies serving the portable x-ray devices market includes Carestream Health, Inc., FUJIFILM Holdings Corp.,GE HealthCare Technologies Inc., Philips International B.V., and Siemens Healthineers co. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2023, Royal Philips launched of Philips Image Guided Therapy Mobile C-arm System 3000 Zenition 30 ,the latest addition to the company’s highly versatile Zenition mobile C-armseries. Mobile C-arms are X-ray devices used in the OR for actual image leading during various clinical operations such as orthopedics, trauma, spine, pain management, and additional funds.

The Report Covers

Market value data analysis of 2023 and forecast to 2031.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global portable x-ray devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.