by Digital mobile X-ray devices offer portable medical imaging solutions that allow clinicians to examine patients at the point-of-care. These devices capture X-ray images digitally and transmit them to computers and mobile devices for precise diagnosis and treatment planning. Mobile X-ray systems eliminate the need for moving patients to a stationary radiology room and enable medical examinations in emergency rooms, operating rooms, patients’ bedsides, and more. Featuring compact designs, integrated batteries, wireless connectivity, and easy maneuverability on wheels, digital mobile X-ray devices are ideal for meeting diverse imaging needs across various healthcare settings.
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, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the digital mobile X-ray devices market is the increasing adoption of wireless and integrated digital detectors. Leading manufacturers are focusing on developing highly sensitive, wireless flat panel detectors that can efficiently convert X-ray energy into digital images. This eliminates the need for costly wired detectors and cables. Additionally, manufacturers are integrating advanced features like touch screens, compact designs, long battery life, and DICOM compatibility in new devices. Changing reimbursement policies favoring digital radiology over conventional systems are also fueling the demand for digital mobile X-ray devices. Improving healthcare infrastructure and increasing investments by major players in emerging markets will further contribute to the growth of this market over the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is moderate as starting a medical equipment manufacturing business requires high capital investment. However, new players offering innovative, cost effective products can disrupt the market.
Bargaining power of buyers: The bargaining power of buyers is high since there are many established brands in the market. Buyers can negotiate on price and quality.
Bargaining power of suppliers: Suppliers of components have low to moderate bargaining power as there are many component manufacturers.
Threat of new substitutes: The threat of substitutes is low as there aren’t any close substitutes for digital x-ray devices used in healthcare settings.
Competitive rivalry: The competitive rivalry is high among existing brands due to their wide global presence and constantly improving product portfolio.
Key Takeaways
The Global Digital Mobile X Ray Devices Market Size is expected to witness high growth. 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 comprises- North America accounts for the largest share of the global digital mobile x-ray devices market due to technological advancements and increasing adoption of advanced medical imaging modalities. Asia Pacific is projected to grow at the fastest rate during the forecast period owing to rising medical tourism, shortage of radiologists, and improving healthcare infrastructure in emerging countries.
Key players operating in the digital mobile x-ray devices market include 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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
