The portable X-ray devices market is expected to observe a good growth run across the assessment period of 2019-2027. The growing use of the devices among a considerable chunk of the populace, especially the aging population, will help in boosting the growth prospects of the portable X-ray devices market to a substantial extent.
- According to the United Nations (UN), 703 mn persons were aged 65 years or over in 2019. The number is expected to increase to 1.5 bn in 2050. These statistics signal the expanding geriatric population in the coming years, automatically displaying the growth potential of the portable X-ray devices market.
- Cases related to cardiovascular disorders and chronic diseases are increasing at a rapid pace. The overwhelming use of portable X-ray devices in detecting these diseases will prove to be a game-changer for the global market. Furthermore, the growing inclination of many individuals toward the adoption of portable X-ray devices due to hassle-free mechanisms and less space utilization will invite immense growth for the portable X-ray devices market.
- Research and development activities form an important part of the growth of the portable X-ray devices market. The players invest in these activities for upgrading the devices and deriving new detection techniques. Such developments help in propelling the revenues of the players, eventually increasing the growth rate of the portable X-ray devices market.
Global Portable X-ray Devices Market: Overview
The demand within the global market for portable X-ray devices has been rising alongside rising incidence of bone injuries and fractures. Portable X-ray devices can be operated without the need for a large setup, and this makes them extremely useful for doctors and medical practitioners. X-ray devices have gathered popularity on account of the need to ensure immediate diagnosis and treatment within healthcare. The portability of these devices makes it easy for doctors to inspect each patient at their respective location. Hence, the global demand for portable X-ray devices market is projected to expand at a stellar pace in the years to come.
The past decade has witnessed a plethora of advancements in the field of medical devices and equipments. The popularity of portable X-ray devices is also a key attribute of the global revolution in the healthcare industry. Several new and advanced technologies have come to the fore of the global portable X-ray devices market. These devices are easy to operate and can provide quick reports and results. Hence, the global demand for portable X-ray devices is expected to keep rising in the years to follow. The presence of trained medical analysts and doctors has made it easier for healthcare centers to deploy portable X-ray devices.
The global market for portable X-ray devices can be segmented on the basis of the following parameters: technology, applications, modality, and geography. On the basis of technology, the demand for digital X-ray devices has been rising at a stellar pace in recent times. Based on applications, the use of portable X-ray devices for diagnosing fractures and bone injuries has been on a rise.
The portable X-ray devices market is expected to ride on the back of the miniaturization of devices. These devices have been extensively used in dental radiology. Growing uptake in intraoral radiography is accentuating the prospects of the portable X-ray devices market. The vast diagnostic benefits of portable X-ray devices in radiographic imaging in general dental facilities. Adoption of the U.S. Food and Drug Administration standards has catalysed the demands for hand-held portable X-ray devices in a number of healthcare settings such as operation theatres, emergency rooms, nursing homes, residential, and detention centre facilities. Adoption of radiation eclipse mechanisms has help reduce the risk of exposure to portable X-ray devices. Growing focus of increasing the portability of X-ray devices market. Device manufacturers have equipped the systems with better battery technologies with longer life and better safety. The use of rechargeable lithium-ions has been mainstreamed in the portable X-ray devices market. A key case in point is high-voltage power supply and improving leakage radiation. Innovative internal shielding is a key feature that has improved the safety aspects of the portable X-ray devices market.
Advances in new imaging technologies in forensic odontology has helped accentuate the prospects in the portable X-ray devices market. Diagnostic-quality X-rays are growing in popularity in the healthcare industry over the past few years. Manufacturers of medical devices are increasingly focused on complying with electromagnetic compatibility standards. The adoption of portable RF communications equipment is opening new avenues in the portable X-ray devices market. The next-generation portable X-ray devices market will be driven by features that meet the confluence of patients’ safety, mobility, and positioning. The strides toward digitization of medical devices are unlocking new prospects in the market. The need for high-quality X-ray images is opening new avenues for miniature formats n portable X-ray devices market.
Global Portable X-ray Devices Market: Notable Developments
The global market for portable X-ray devices is plush with an edgy competitive landscape and several new trends and developments:
- The vendors who have existed in the global portable X-ray devices market for more than a decade have a competitive advantage due to their regular consumer base. Hence, these vendors are focusing more on developing improved and utility-driven X-ray devices.
- Canon Medical Systems has improved its manufacturing dynamics by supplying high-quality and easy-t-operate x-ray devices.
Some of the key vendors in the global portable X-ray devices market are General Electric Company, Shimadzu Corporations, and Koninklijke Philips N.V.
Global Portable X-ray Devices Market: Growth Drivers
- Advancements in Medical and Healthcare Services
The demand within the global portable X-ray devices market has been rising alongside advancements in field of osteopathy. The rising incidence of sports injuries that necessitate immediate aid has created ripples across the global portable X-ray devices market. Furthermore, the need for providing medical services in rural areas that are deprived of proper healthcare equipment has also created demand within the global portable X-ray devices market.
- Popularity of Digital X-ray Systems
The utility served by digital X-ray system supersedes that of analogue X-ray systems. Hence, the demand for the former is projected to shoot up in the years to come. Moreover, advancements in the field of digital radiography has also played a vital role in market growth.
Global Portable X-ray Devices Market: Regional Outlook
On the basis of geography, the global market for portable X-ray devices has been segmented into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. The market for portable X-ray devices in North America is expected to grow alongside advancements in emergency-care.
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