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Global x-ray machine manufacturing market to reach USD 24.3B

The global x-ray machine manufacturing market reached US$ 15.8 billion in 2023. Looking forward, the market is projected to reach US$ 24.3 billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2023-2032.

The increasing prevalence of respiratory, genitourinary, cardiovascular, and gastrointestinal disorders, particularly amongst the aging population, is primarily driving the growth of the global x-ray machine manufacturing market. Additionally, there has been a rise in investments in the research and development (R&D) of advanced diagnostic machines, which is contributing to the market growth. For instance, market players are producing 3-D color x-ray to generate cleaner and more accurate images for improved diagnosis.

Other than this, a significant rise in security concerns due to threats and illegal activities, such as drug trafficking and illegal shipping of arms, is further fuelling the growth of the market. Moreover, since the onset of the coronavirus disease (Covid-19) outbreak, governments of various nations have been undertaking several initiatives to improve the healthcare infrastructure. This, in turn, is creating a positive outlook for the x-ray machine manufacturing market.

Key market segmentation
The report provides an analysis of the key trends in each sub-segment of the global x-ray machine manufacturing market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product type, technology, end-user, and region. Research and Markets

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