Portable X-Ray & Ct Scan Devices Market Will Grow at a Steady Rate of 7.6% CAGR from 2014 to 2020: Grand View Research, Inc.
The global portable CT scan and
X-ray device market are expected to reach USD 8.41 billion by
2020. Increasing demand for home healthcare, bedside imaging, and growing use
of CT scan to assess the accuracy of medical implants, post interventional
medical procedures and anatomical confirmation are key factors driving industry
growth.
Rising prevalence of diseases
such as cancer, cardiovascular, dental and orthopedic disorder will also
augment the growth of the market. Also, an increase in the number of medical
implants surgeries owing to unhealthy lifestyle as well as growing base of
geriatric population is expected to bolster demand.
The portable X-ray device were
dominated by mobile X-ray machines on account of rising demand for core
diagnostic and bedside imaging. These device also eliminate the requirement for
multiple radiology departments in a healthcare institution, thus promoting
industry growth. The handheld X-Ray device market is poised to experience
substantial growth over the forecast period owing to high maneuverability and
the introduction of products such as NOMAD Pro.
Portable CT scan device market
was dominated by the medium slice scanners due to high image resolution
capabilities and high usage rates. Medium slice scanner accounted for over 58%
of portable CT scan by technology in 2013. Digital radiography, owing to
increasing demand for manufacturing filmless X-ray and PACS based radiology
device, is identified as the fastest growing technology among the overall
market.
Portable X-ray devices market revenue share by-products,
2012
Browse full research report on portable x-ray and ct scan devices market: http://www.grandviewresearch.com/industry-analysis/portable-x-ray-and-ct-scan-devices-industry
Further key findings from
the report suggest:
North America is expected to dominate the market demand for these device
over the forecast period owing to high expenditure on healthcare, reimbursement
framework and sophisticated healthcare infrastructure. However, Asia Pacific is
expected to witness the fastest growth, growing at a CAGR of more than 9% owing
to improving healthcare infrastructure particularly in emerging economies such
as China and India. In addition, the advent of technologically advanced and
economical products catering to cost sensitive clientele in the region will
fuel the growth of the market.
Supportive government regulations in Asia Pacific promoting manufacturing
in the region is expected to drive demand for portable medical machines.
Furthermore, low labor cost coupled with abundant tier I companies is projected
to propel portable medical machines manufacturing in the region. As a result,
product cost is likely to decrease over the forecast period owing to
technological advancements which in turn is expected to drive demand,
particularly in the emerging economies.
Philips Healthcare was the dominant player in the portable X-ray machines
market with a market share of over 17% in 2013. Philips possessed an extensive
product portfolio ranging from stationary X-ray systems to digital and portable
X-ray systems. Some of the other key players in the industry are Hitachi
Medical Systems and Varian Medical Systems, GE Healthcare, and Siemens
Healthcare.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-portable-x-ray-and-ct-scan-devices-industry
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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