Computed Radiography Segment has the Largest Share of Technology in the South and Central America Hospital Mobile X-ray Market during 2020–2027

According to a new market research study on “South and Central America Hospital Mobile X-ray Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Technology, Configuration, and Ward,” is expected to reach US$ 229.3 million by 2027 from US$ 111.3 million in 2019. The market is estimated to grow at a CAGR of 9.5% from 2020 to 2027. The report provides trends prevailing in the South and Central America Hospital mobile x-ray market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increasing awareness about early diagnosis and increasing prevalence of chronic conditions and better patient experience are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the poor reimbursement for diagnostic equipment.

The recent pandemic is causing turbulence to the economies of the South and Central America. Due to the less developed economies, majority of the countries are depended on the suppliers of medical devices and diagnostic equipment. The shut down due to corona virus is hampering the supply chain distribution of mobile X-ray systems in the region. Moreover, the healthcare facilities in the region are giving more priorities to curbing corona rather than any other disease. Also, most of the diagnostic centers are highly engaged in diagnosis of corona, which leading to drastic reduction in breast examinations. However, positive response to the new technologies to deal with coronavirus is expected to have considerable impact on the market. For instance, in August 2020, healthcare professionals in Brazil adopted a new AI-based tool to fight against coronavirus. The new software is capable of analyzing X-ray images and CT scans of chest, easing the diagnosis of coronavirus infection. The system is called as RadVid-19, developed by Siemens Healthcare and Huawei in collaboration.

The market for hospital mobile x-ray market is segmented into technology, configuration, and ward. Based on technology, the hospital mobile X-ray market is segmented into computed radiography and direct radiography. In 2019, the computed radiography systems segment accounted for the highest share of the market. Growth of this segment is attributed to increasing adoption rate of these advanced devices for medical examinations and rising number of advanced diagnostic imaging facilities. However, direct radiography segment is anticipated to register higher CAGR by 2027.

Agfa-Gevaert Group, Koninklijke Philips N.V., DMS Imaging, Carestream Health Inc., IMD Group, DELFT IMAGING, and OR Technology are among the leading companies in the South and Central America hospital mobile x-ray market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in April 2020, Carestream Health Inc. had increased its production of mobile imaging systems during the COVID19 pandemic to complete mobile X-ray systems' increasing dement.

The report segments the South and Central America Hospital Mobile X-ray market as follows:

By Technology

• Computed Radiography
• Direct Radiography

By Configuration

• Fixed Arm
• Rotating Arm

By Ward

• Operating Theatres
• Emergency Departments
• ICU and Neonatal ICU (Intensive Care Units)
• Central X-Ray Departments
• Premature Birth Wards
• Others

By Country

• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America

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