Asia Pacific Hospital Mobile X-ray Market
X-ray technology is widely used in the healthcare system. It is mostly used in diagnostic applications. The x-ray machines are used in healthcare as a part of radiography, radiotherapy, and fluoroscopic-type procedures. It is also commonly used for fast, highly penetrating imaging in high bone content areas. There are different types of X-ray machines for medical applications in the market, such as mobile, stationary, computed radiography, direct radiography, and others. The machines are installed in hospital & clinics, diagnostic centers. The scope of the hospital mobile X-ray market includes technology, configuration, ward, and region.
Thus, the increasing awareness about early diagnosis and increasing prevalence of chronic conditions are expected to create a significant demand for hospital mobile x-ray in the coming years, which is further anticipated to drive the Hospital mobile x-ray market.
COVID-19 outbreak is expected to have short- and long-term impact in the region. Domestic startups backed by international funding have already started witnessing back out from investors putting the development of the products in jeopardy. However, academic centers and research institutes in the region are engaged in leveraging the existing capabilities of diagnostic systems to fight against viral outbreaks such as COVID-19. Moreover, majority of the governments in the region are investing heavy amounts for development of modern imaging systems. For instance, in April 2020, China-based AI firm iFlytek announced entered in strategic collaboration with Chinese Academy of Sciences to work on AI-based COVID-19 diagnosis. In this research, the partnership is focusing on development CT scanners which will incorporate intelligent algorithms for detection of viral infection. In addition, the companies are engaged in the development of advanced X-ray machines to deal with coronavirus. For instance, in July 2020, Bengaluru (India) based company ITIE Knowledge Solutions introduced a portable digital X-ray machine for the diagnosis of coronavirus. The company has designed this new system in collaboration with HDT, a South Korea based company. This newly designed system incorporates artificial intelligence technology and allows physicians to understand and diagnose coronavirus infection. These factors are expected to have positive impact on the market by certain extent.
Strategic insights for the Asia Pacific Hospital Mobile X-ray provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 322.5 Million |
| Market Size by 2027 | US$ 723.4 Million |
| Global CAGR (2020 - 2027) | 10.7% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia Pacific Hospital Mobile X-ray refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The hospital mobile x-ray market in Asia Pacific is expected to grow from US$ 322.5 million in 2019 to US$ 723.4 million by 2027; it is estimated to grow at a CAGR of 10.7% from 2020 to 2027. In this new era of preventive care, most of the market players and medical practitioners are focusing on investing in mobile X-ray systems. The adoption of mobile X-ray system offers benefits to both medical practitioners and patients. One of the major benefits of mobile X-ray systems is its capability to avoid extra movements and transports of patients with severe health conditions. Most of the mobile X-ray systems are equipped with a stand on wheels, while some are motorized, enabling technologists to transport the X-ray system easily and quickly. For instance, a new digital mobile X-ray system launched by Canon Medical in August 2020 is equipped with enhanced technologies that can streamline bedside exams to improve the workflow and productivity of medical imaging. Additionally, the system offers security features such as anti-collision technologies and pressure sensitive steering for secure imaging.
In addition, mobile digital X-ray systems enable quick image capturing and processing with the help of intuitive software. Also, the results are accessed in real-time and can be directly shared with patient’s physician, which helps them to proceed with further treatment processes. In May 2020, Aspen Imaging Healthcare got FDA approval for its AiRTouch, a lightweight mobile X-ray. This newly approved device enables quick image capturing and processing. Such benefits of hospital mobile X-ray systems are expected to drive the growth of the hospital mobile X-ray market during the forecast period.
In terms of technology, the computed radiography segment accounted for the largest share of the Asia Pacific hospital mobile x-ray market in 2019. In terms of configuration, the fixed arm segment held a larger market share of the hospital mobile x-ray market in 2019. In terms of ward, the operating theatres segment held a larger market share of the hospital mobile x-ray market in 2019.
A few major primary and secondary sources referred to for preparing this report on the Hospital mobile x-ray market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Agfa-Gevaert Group
By Technology
By Configuration
By Ward
By Country
The Asia Pacific Hospital Mobile X-ray Market is valued at US$ 322.5 Million in 2019, it is projected to reach US$ 723.4 Million by 2027.
As per our report Asia Pacific Hospital Mobile X-ray Market, the market size is valued at US$ 322.5 Million in 2019, projecting it to reach US$ 723.4 Million by 2027. This translates to a CAGR of approximately 10.7% during the forecast period.
The Asia Pacific Hospital Mobile X-ray Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Hospital Mobile X-ray Market report:
The Asia Pacific Hospital Mobile X-ray Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Hospital Mobile X-ray Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Hospital Mobile X-ray Market value chain can benefit from the information contained in a comprehensive market report.
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