Last updated on April 19, 2014 at 13:20 EDT

X-Ray Market (Portable, Handheld, Digital Radiography, Computed Radiography, Flat Panel Detection Systems, Mammography) is Expected to Reach USD 9.8 Billion Globally in 2018: Transparency Market Research

April 18, 2013

ALBANY, New York, April 18, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “X-Ray Market (Portable, Handheld, Digital
Radiography, Computed Radiography, Flat Panel Detection Systems, Mammography) – Global
Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018, “the market for x-rays
was valued at USD 7.5 billion in 2011 and it is expected to reach an estimated value of
USD 9.8 billion in 2018, growing at a CAGR of 4.0% from 2012 to 2018.

Browse the full report at


The changing buyer preferences induced by the rise in demand for bedside imaging, need
for high quality medical images and the rise in the number of patients catered via
emergency medical services have increased the demand for technologically advanced x-ray
systems. The introduction of digital x-ray systems, implementation of PACS (picture
archiving and communication systems) and portable x-ray systems have catered to this
demand and have served the global x-ray market as a major driver. Some of the other
drivers for this market include rapidly aging global population and rising incidences of
target diseases such as cardiovascular diseases and growingpatient awareness
levels.Emerging economies in the Asian and Latin American regions inducing a rise in the
disposable incomes of customers, and government initiatives to build sophisticated medical
infrastructure, coupled with the presence of large unmet medical needs will serve the
market as future growth opportunities.

Stationary x-ray systems held majority of the market share in 2011. However, the
advent of portable x-ray systems perfectly suiting the changing preferences of customers
will help the global portable x-ray systems market grow at a relatively faster CAGR during
the forecast period.

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The global x-ray market by technology is dominated by computed radiography x-ray
systems owing to the fact that they are relatively less expensive than digital radiography
x-ray systems and entail less re-training of medical practitioners. However, the advent of
cost effective digital radiography systems and the increasing implementation rate of PACS,
makes the global digital radiography x-ray systems the fastest growing technology market.

The North America x-ray market held majority of the market share in 2011 and is
expected to maintain its market position till 2018. The Latin-America x-ray market follows
the Asia-Pacific market in terms of CAGR and is expected to grow at a CAGR of over 5% from
2012 to 2018 dueto emerging economies such as Brazil and Mexico and the presence of a
large target patient population in these countries.

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Philips Healthcare led the market in terms of market share in 2011 on account of its
extensive presence across all x-ray product segments and the introduction of innovative
x-ray systems such as Practix360. Some of the other key players of the market include GE
Healthcare, Siemens Healthcare, Toshiba Medical Systems, Hitachi Medical Systems, Shimazdu
Corporation, Fujifilm Holdings, Varian Medical Systems and others.

The global x-ray market is categorized into the following segments:

        - X-Ray Market by Products
             - Stationary X-Ray
             - Portable X-Ray
                - Mobile X-Ray
                - Handheld X-Ray
        - X-Ray Market by Technology
             - Analog X-Ray Systems
             - Computed Radiography X-Ray Systems
             - Digital Radiography X-Ray Systems
             - Digital X-Ray Market, by Image Detection Systems
                - High Density Line Scan Solid State Detection Based Digital X-Ray
                - Flat Panel Detection (FPD) Based Digital X-Ray Systems
        - X-Ray Market by Applications
             - Cardiovascular X-Ray
             - Mammography
             - Respiratory X-Ray (Chest X-Ray)
             - Dental X-Ray
             - Others (Orthopedic, Abdominal, Urology)
        - X-Ray Market by Geography
             - North America
             - Europe
             - Asia-Pacific
             - Latin America
             - Africa
                - South Africa
                - Rest of Africa
             - Rest of the World (RoW)

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Source: PR Newswire