Global Ambulatory X-ray Devices Market is Growing at a Significant Rate in the Forecast Period 2018-2025


Posted September 24, 2018 by pankajukey1

Global ambulatory X-ray devices market is expected to reach USD 2,670.2 million by 2024 from USD 1,421.4 million in 2016

 
Global ambulatory X-ray devices market is expected to reach USD 2,670.2 million by 2024 from USD 1,421.4 million in 2016, at a CAGR of 8.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
According to Data Bridge Market Research new Market report: “Global Ambulatory X-ray Devices Markets
By Product type(Stand-alone X-ray Devices, Mobile X-ray Devices)
By Technology(Stand-alone X-ray devices{ Digital Radiography X-ray, Computed Radiography X-ray and Retrofit X-ray },Mobile X-ray devices{ Digital Radiography X-ray, Computed Radiography X-ray and Retrofit X-ray}) ,
By End User(Orthopedic Clinics Standalone Diagnostic Centers, Ambulatory Centers, Offices, Corporate Settings),
By Distribution Channel(Direct Tenders and Distributor & Retail),
By Geography(North America, Europe, Asia-Pacific, South America and Middle East and Africa)”.

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Global Ambulatory X-ray Devices Markets
• Ambulatory care refers to the medical services provided on an outpatient basis without hospitalization or other medical facility. Outpatient services include physician and dentist offices, medical laboratories, and home healthcare. Ambulatory care service is one of the major contributors to the hospital revenue and to the performance of the health care system. Ambulatory care offers various medical facilities such as diagnosis, observation, consultation, treatment, intervention, and rehabilitation services to patient with an advanced medical treatments.
• X-ray equipment in healthcare is mainly used for imaging of bone structures, tumors, and breast cancer during surgeries, for detecting fractures in bones and teeth, as well as detecting pneumonia. Increasing prevalence of fractures due to osteoporosis, orthopedic disorders, dental problems, and increasing cases of tumor and cancer are expected to boost demand for X-ray equipment in the near future. Rapid advancements in technology and adopting advanced medical systems in hospitals, diagnostic centers, and ambulatory surgeries are poised to drive growth of the market over forecast period.
• Digital radiography provides many advantages over conventional X-ray systems including high quality of enhanced X-ray images as well as quick image sharing facility and user friendly than conventional radiology systems. There is no requirement of any chemicals and film processing for digital radiography systems which makes digital X-ray more environmentally-friendly option. This also eliminates the recurring cost of processing chemicals and film as well as it lowers the time and money involved in disposing of them after they are used. Digital radiography devices are used to store images using both on-site and off-site PACS, thus making it more useful.
• Integrated digital X-ray systems have a great advantage with technologist workflow and patient throughput, particularly for ambulatory care center imaging systems. This is mainly due to the rapid display of the acquired image quickly after the exposure. Recently, wired or wireless, portable digital X-ray systems are also trending on the domain in many instances, which is fueling the growth of ambulatory X-ray devices market in future.
• Prevalence of fractures and orthopedic disorders is increasing globally and X-rays are majorly used to trace such fractures or disorders in bones. According to World Health Organization (WHO), in 2017, around 37.3 million falls occur every year, it may lead to fracture or bone injuries. Increasing incidence of diseases such as cancer, pneumonia, osteoporosis, and dental problems are expected to fuel demand for X-ray equipment, which in turn, is expected to fuel growth of the X-ray equipment market in the near future. High cost of advanced X-ray equipment have influenced inclination towards cheap X-ray equipment supplied by domestic manufacturers, which in turn, poses as a major restraint for growth of the market.

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Segmentation: Global Ambulatory X-ray Devices Markets
The global market for ambulatory X-ray devices by the following sub-categories is presented
• By Product Type
o Stand-Alone X-ray Devices and Mobile X-ray Devices
 Digital Radiography X-Ray
 Computed Radiography X-Ray
 Retrofit X-Ray
• By End User
o Orthopedic Clinics
o Standalone Diagnostic Centers
o Ambulatory Centers
o Offices And Corporate Settings
• By Distribution Channel
o Direct Tenders
o Distributor & Retail
• Based on Geography
o North America
o Europe
o Asia-Pacific
o South America
o Middle East and Africa.
Factors driving growth in Global Ambulatory X- ray devices markets:
Increasing Investments, Funds, and Grants by Government Bodies for Modernization of Imaging Facilities:
The effective use of medical imaging equipment will be required to provide high-quality patient care for aging populations. In the X-ray equipment market, healthcare providers’ focus on efficiency is leading to the decline of fluoroscopy-dedicated X-ray systems because hospitals are consolidating multiple dedicated fluoroscopy rooms into singular rooms that are more cost-effective and have a higher utilization rate.
The Brazilian market for diagnostic imaging systems is expected for strong expansion through 2021 as a result of increased government investment in health care and the subsequent adoption of premium systems.
Growth in the Number of Diagnostic Imaging Centers:
The future of the global diagnostic imaging market looks good with opportunities in hospitals and imaging centers. The global diagnostic imaging market is expected to reach an estimated $34.2 billion by 2025 and it is forecast to grow at a CAGR of 4.1% from 2018 to 2025.
Additionally, growing access to healthcare insurance for U.S. citizens will continue to boost demand by making industry services more affordable for patients.
The use of diagnostic imaging has increased over the past decade, contributing to medical costs and to medical exposure to ionizing radiation. According to the recent overview from the Medicare Payment Advisory Commission (MedPAC) to the Centers for Medicare and Medicaid Services (CMS) reported that the rise in volume of imaging services per Medicare beneficiary outstripped the growth of all other services. Many factors have contributed to this increase, which includes wider availability of technology, increased demand by patients and physicians, favorable reimbursement, and improvements in the technology resulting in a lower threshold for using it.
Some of the major players operating in global ambulatory xXray devices markets are
• Siemens AG,
• General Electric company,
• Koninklijke Philips N.V.,
• FUJIFILM Corporation,
• Toshiba Corporation,
• Shimadzu Corporation,
• Hitachi Ltd,
• Carestrem Health,
• AmRad Medical,
• Symbion, IntergraMed America Inc.,
• AmSurg Corp.,
• Terveystalo Healthcare and DaVita HealthCare.

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Last Updated September 24, 2018