2024 Global Trends in Medical X-ray Equipment and Imaging Software: Market Analysis
Medical X-Ray Equipment And Imaging Software Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033
LONDON, GREATER LONDON, UK, June 19, 2024 /EINPresswire.com/ -- The medical X-ray equipment and imaging software market has shown robust growth in recent years, with the market size projected to increase from $2.73 billion in 2023 to $2.92 billion in 2024, growing at a compound annual growth rate (CAGR) of 6.9%. This growth can be attributed to factors such as an aging population, increased disease burden, growth in healthcare expenditure, and the adoption of digitalization and regulatory compliance.
Drivers of Market Growth
Looking ahead, the market is expected to continue its strong growth trajectory, reaching $3.85 billion by 2028, at a CAGR of 7.2%. Key drivers include the rising demand for point-of-care imaging, expansion of telemedicine, focus on value-based healthcare, digitalization trends, and advancements in personalized medicine.
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Integration of Artificial Intelligence and Other Trends
Major trends in the forecast period include the integration of artificial intelligence (AI) in imaging software for enhanced diagnostics, emphasis on patient safety and dose reduction, increased adoption of digitalization and PACS integration, growth in portable and point-of-care imaging solutions, and the utilization of 3D and 4D imaging technologies.
Major Players and Innovations
Key players such as Samsung Healthcare, Siemens Healthineers, Philips Healthcare, and Fujifilm Medical Systems are driving innovation in the market. For instance, Carestream Health introduced the DRX-Rise Mobile X-ray System, a portable solution aimed at enhancing imaging flexibility and quality.
Segments of the Market
The medical X-ray equipment and imaging software market is segmented by type (Equipment, Software), technology (Radiography or Mammography, Computed Tomography, Fluoroscopy or Angiography), image type (2-Dimensional, 3-Dimensional), and end-user (Hospitals, Diagnostic Centers, Research Centers).
Regional Insights
North America led the market in 2023, driven by technological advancements and healthcare infrastructure. Meanwhile, Asia-Pacific is expected to witness the fastest growth, fueled by increasing healthcare investments and rising healthcare needs across the region.
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Medical X-Ray Equipment And Imaging Software Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Medical X-Ray Equipment And Imaging Software Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on medical X-ray equipment and imaging software market size, medical X-ray equipment and imaging software market drivers and trends, medical X-ray equipment and imaging software market major players, competitors' revenues, market positioning, and market growth across geographies. The medical X-ray equipment and imaging software market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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