Portable X-ray devices market to reach US$ 11951.1M in 2028

Coherent Market Insights has published a new research report titled “Portable X-ray Devices Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities)”, size, share, and outlook. This research offers strategic recommendations based on industry experts’ consultations on market development, consumer demand, sales patterns, revenue forecasts, gross margins, and regional growth. It focuses on regional developments as well as market growth, pricing, sales patterns, revenue forecasts, and gross margins. The competitive landscape analysis of the top leading competitors is included in this study, together with information on their company profiles, industry sectors, market drivers, restraints, challenges, and opportunities during the upcoming years.

The global Portable X-ray Devices market was valued at $ 211.5 Bn in 2020 and is expected to reach $2,407.8 Bn by 2028 at a CAGR of 30.7% between 2022 and 2028.

An X-ray device is a medical imaging device used to take pictures of internal body parts such as bones, joints, tissues, and others. X-ray imaging exams are recognized as a valuable medical tool for a variety of examinations and procedures. X-ray devices are used in a medical imaging procedure known as radiology. Radiology represents a branch of medicine that deals with the diagnosis and treatment of various diseases.

Portable X-ray Devices Market Competitive Landscape and Segmentation Analysis:

The research includes a number of significant market manufacturers. It aids readers in understanding the alliances and strategies that market players employ to stave off competition. This thorough research provides a thorough analysis of the market. The footprints can be found by looking at the manufacturers’ global revenue and global price.

Our report focuses on top players in global Portable X-ray Devices Market, with production, price, revenue and market share for each manufacturer, covering:

Top companies include:

• Carestream Health Inc.
• Siemens Healthineers AG
• Shimadzu Corporations
• MinXray
• Koninklijke Philips NV
• GE Healthcare
• Canon Medical Systems
• Envista Holdings Corporation
• FUJIFILM Holdings Corporation

Detailed segmentation:
By technology:

• Analog X-ray
• Digital X-ray

By application:

• Dental X-ray
• Mammography
• Chest X-ray
• Abdomen X-ray

By modality:

• Handheld X-ray devices
• Mobile X-ray devices

Regional analysis

• North America:: United States, Canada, and Mexico
• Soucth & Central America: Argentina, Chile, Brazil and Others
• Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.
• Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.
• Asia Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

Market dynamics:
Advantages of portable X-ray systems over conventional systems, continuous technological advancements, increase in focus in the product development, favorable government initiatives & investments, and growing geriatric population and subsequent growth in disease incidence are some major factors expected to aid in the growth of the global portable x-ray devices market during the forecast period.

However, dearth of global standardization in the Portable X-ray Devices market all over the world is likely to hamper growth of the global Portable X-ray Devices market over the forecast period.

Impact of Covid-19
The epidemic of Covid-19 pandemic adversely impacted several industries. The virus outbreak in China spread across more than 100 countries around the world due to which many countries announced stringent lockdown regulations across nations in order to curb the virus spread. Several industrial operations were disrupted during this period as many businesses were closed down. The pandemic negatively impacted many markets including the one in discussion as product demand and sales significantly declined during the pandemic. However, as the pandemic situation goes back to normal, the market is likely to regain growth.

Key takeaways:
The global portable x-ray devices market was valued at US$ 6,437.8 Mn in 2021 and is forecast to reach a value of US$ 11,951.1 Mn by 2028 at a CAGR of 9.2% between 2022 and 2028.

Among technology segment digital X-ray segment held dominant position in the global portable x-ray devices market in 2021, accounting for 94.0% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period. Coherent Market Insights