Market Introduction
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.
Diagnostic imaging industry is witnessing a new concept of disease tracking along with negative consequences of COVID-19. Also, some of the countries have almost stopped screening & diagnostics, while other hospitals in the region are prioritizing treatments for the patient who require urgent immediate care. Social distancing measures are implemented, leading to reduction in workforce in diagnostic imaging settings which are impacting on the screening tests. Companies which are engaged in adoption of new and intelligent technologies are focusing on utilization of artificial intelligence to track and diagnose COVID-19 patient. For instance, in 2020, behold.ai, a London-based company entered into diagnosis of COVID-19 with its Red Dot algorithm which is incorporated in chest x-rays. Such strategic moves by the company are projected to reshape the radiology industry during the forecast period.
Market Overview and Dynamics
The hospital mobile x-ray market in Europe is expected to grow from US$ 396.0 million in 2019 to US$ 840.4 million by 2027; it is estimated to grow at a CAGR of 9.9% from 2020 to 2027. Early diagnosis of disease helps the medical professionals and patients to comprehend health conditions, which enable them to take various important medical decisions in terms of care, financial support, and legal matters. Moreover, early diagnosis offers benefits such as reversal of symptoms; effective, quick, and early treatment of the patient; and time for better decision making. X-ray imaging is one of the effective and popularly practiced imaging techniques for the diagnosis of diseases, such as neurological disorders, musculoskeletal diseases, cancer, and cardiovascular disorders. The increasing awareness among populace regarding the importance of early disease detection is a major factor driving the growth of hospital mobile X-ray market.
Key Market Segments
In terms of technology, the computed radiography segment accounted for the largest share of the Europe 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.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Hospital mobile x-ray market in Europe 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, SEDECAL, IDETEC MEDICAL IMAGING, Koninklijke Philips N.V., DMS Imaging, Carestream Health Inc., INTERMEDICAL S.r.l., SternMed GmbH, IMD Group, DELFT IMAGING, and OR Technology.
Reasons to buy report
EUROPE HOSPITAL MOBILE X-RAY MARKET SEGMENTATION
By Technology
By Configuration
By Ward
By Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 396.0 Million |
| Market Size by 2027 | US$ 840.4 Million |
| CAGR (2020 - 2027) | 9.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Hospital Mobile X-ray Market is valued at US$ 396.0 Million in 2019, it is projected to reach US$ 840.4 Million by 2027.
As per our report Europe Hospital Mobile X-ray Market, the market size is valued at US$ 396.0 Million in 2019, projecting it to reach US$ 840.4 Million by 2027. This translates to a CAGR of approximately 9.9% during the forecast period.
The Europe 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 Europe Hospital Mobile X-ray Market report:
The Europe 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 Europe Hospital Mobile X-ray Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Hospital Mobile X-ray Market value chain can benefit from the information contained in a comprehensive market report.
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