Trends
Global medical X-ray image processor sector to reach USD 21 billion by 2030
The “Global medical X-ray image processor market size, trends, and growth opportunity, by product, by application, by end-use, by region and forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global medical X-ray image processor market was valued at USD 13 billion in 2022 and is expected to reach 21 billion by 2030, at a CAGR 4.22% during the forecast period 2023- 2030.
Market drivers
The market is anticipated to expand over the forecast period due to increased technological developments in medical X-ray image processors, an increase in the number of chronic diseases needing imaging technologies, and rising X-ray usage in several industries like dental and orthopedics.
Over the projected period, there may be a rise in the demand for medical X-ray image processors due to the increasing prevalence of the aforementioned chronic illnesses and the use of X-ray imaging in their diagnosis.
Additionally, the market is anticipated to rise as a result of expanding technological developments in X-ray image processors and their application in other fields, including dentistry.
Market restraints
The development and acceptance of digital X-ray systems and flat panel detectors in place of films, provide imaging centers with a user-friendly, intelligent workflow which is anticipated to hamper the market growth during the forecast period.
Regional analysis
The global medical X-ray image processor market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Asia-Pacific continues to rely heavily on conventional X-ray technologies. The use of X-rays is increasing as a result of the region’s growing population and the number of individuals with illnesses that should be diagnosed or treated using CT. Medical imaging is in high demand as a result of this expanding patient population. Hospitals are important in the Asia-Pacific region’s medical diagnosis.
Market taxonomy
By product
- Cassette
- Flat panel detectors
By Application
- Dental
- Mammography
- Chest
- Cardiovascular
- Orthopedics
- Others
By end-use
- Hospitals
- Diagnostic centers
By region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Companies mentioned
- Z&Z Medical Inc.
- LAC Medical Supplies Sdn Bhd
- Carestream Health
- ARI Medical Technology Co. Ltd.
- Colenta
- PROTEC GmbH & Co. KG
- DaitoMitech
- Konica Minolta Inc.
Research and Markets