by Digital mobile X-ray devices, also known as portable X-ray systems, allowX-ray imaging to be performed at the patient’s bedside or in ambulances. These devices are wireless and equipped with batteries to make imaging possible in any setting. They are commonly used in emergency rooms, intensive care units, operating rooms, and accident and emergency departments.
The global digital mobile X ray devices market is estimated to be valued at US$ 3,667.8 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The global digital mobile X-ray devices market is driven by the growth in remote diagnosis and telehealth services. Mobile X-ray systems enable imaging of patients in remote locations without transporting them to radiology departments. This is advantageous for elderly, disabled, pediatric and critically ill patients who cannot be transferred easily. Besides, it also aids in faster decision making by doctors. These devices transfer images wirelessly to connected centralized workstations and cloud systems where radiologists can view them remotely and provide diagnosis. This trend is being further stimulated by the COVID-19 pandemic which necessitated limiting patient movement and utilizing telemedicine wherever possible.
Market Dynamics:
The growth in remote diagnosis and telehealth services remains a key driver for the digital mobile X ray devices market over the forecast period. Rise in penetration of high-speed internet and Cloud-based systems have facilitated seamless transmission of medical images from remote areas to tertiary hospitals. This allows radiologists to analyze films from their personal computers and tablets and provide timely diagnosis without the need for in-person visits. COVID-19 has accelerated this transition as it emphasized on limiting non-essential patient movement and utilizing technology solutions. Rapid advances in digital imaging systems have also enhanced portability and battery life of mobile machines, making imaging feasible from ambulances and emergency sites without frequent power source changes. This is further boosting demand, as such devices aid in increasing the speed of care delivery. Manufacturers are continuously expanding capabilities of such systems by enabling high resolution imaging along with low radiation exposure. This fuels their uptake in multiple acute care settings.
Segment Analysis
The global digital mobile x ray devices market is dominated by the hospital segment which holds around 45% share of the market. The increasing number of hospitals especially in developing countries and growing cases of orthopedic diseases, trauma injuries etc. has increased the demand for digital mobile x ray devices from hospitals. Within hospitals, the general radiology department is the largest sub-segment. Portable x ray devices are highly preferred in hospitals as they enable capturing images at the patient’s bedside without moving the patient.
PEST Analysis
Political: Governments in many countries are encouraging investments in digital healthcare technologies which is driving the adoption of digital mobile x ray devices. Favorable regulations regarding the use of low dose radiography is also supporting market growth.
Economic: Growing per capita healthcare spends, expanding health insurance coverage and rising disposable incomes are increasing the budget for medical equipment purchases including digital mobile x ray devices.
Social: Growing geriatric population, increasing incidence of chronic diseases and road accidents are major factors influencing the demand for mobile x ray devices.
Technological: Advanced features of new devices such as wireless connectivity, high resolution imaging, lower dose are enhancing their appeal. Ongoing R&D in AI and nanotechnology is expected to bring innovations in mobile x ray devices.
Key Takeaways
The Global Digital Mobile X Ray Devices Market Growth is expected to witness high over the forecast period of 2023 to 2030 driven by factors such as growing patient pool, increasing healthcare investments, and technological innovations. The global Digital Mobile X Ray Devices Market is estimated to be valued at US$ 3,667.8 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030.
Regional analysis
Asia Pacific region holds the major share in the global digital mobile x ray devices market and is expected to be the fastest growing region during the forecast period. This can be attributed to factors such as rising medical tourism, increasing healthcare expenditures, growing prevalence of chronic diseases, and expansion of private healthcare sector in countries such as India and China.
Key players
Key players operating in the digital mobile x ray devices market are Toshiba Corporation, Carestream Health, General Electric Company, Hitachi Ltd., Siemens Healthcare Private Limited, Koninklijke Philips N.V., Shimadzu Corporation, MinXray Inc., KA Imaging, Samsung Group, OXOS Medical, InnoCare Optoelectronics, Siemens Healthineers, Shimadzu Medical Systems USA, Konica Minolta Healthcare Americas Inc., Canon Inc., Boston Imaging, Nanox, Fujifilm, Scanna-MSC, VUNO, and Canon Medical Systems USA Inc. Toshiba and GE are the market leaders due to their well-established brands and wide product portfolios in digital mobile x ray devices.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
