The Europe X-Ray Systems Market would witness market growth of 5.1% CAGR during the forecast period (2020-2026). X-ray is used in a different range of industries and is considered a kind of electromagnetic ionizing radiation. X-ray devices hold the maximum share of the diagnostic imaging market in the medical sector.
The aging population, technology developments, ever-ranging lifestyles, and surge in rates of cancer and orthopedic diseases are some of the leading factors boosting this market. The demand for portable and mobile X-ray equipment, such as other diagnostic imaging devices, has expanded massively in the past few years and will continue to grow due to its comfortable usage.
Above one million people lost their lives due to road crashes or accidents. Every year, road accidents cause approximately 20 to 50 million people suffered because of non-deadly injuries which result in disability. Reasons for non-deadly road injuries include speeding, drink-driving, and drug-driving, not utilizing security restraints such as helmets, car seat belts, and child restraints, distraction while driving due to mobile phones, poor and insecure road infrastructure, and not following traffic laws. This has increased the financial burden on the people, his/her family, and the country as a whole.
Although, assistance in the treatment processes after the diagnosis & tracking of treatment is often provided by a sophisticated machine such as an X-ray. The increasing number of road accident occurrences is developing a market demand due to the betterment of the lives of the patients and assisting them to manage their disabilities, mentally and physically.
Based on Mobility, the market is segmented into Stationary Systems and Mobile. Based on Modality, the market is segmented into Radiography, Computed Radiography and Fluoroscopy. Based on End-use, the market is segmented into Hospitals, Diagnostic Centers, and Mobile Imaging Centers. Based on Type, the market is segmented into Analog and Digital. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Computed Radiography Market by Country in 2019, growing at a CAGR of 2.8 % during the forecast period. The UK market is exhibiting a CAGR of 2.5% during (2020 - 2026). Additionally, The France market is poised to grow at a CAGR of 4.8% during (2020 - 2026).
The Hospitals market dominated the Italy X-Ray Systems Market by End-use in 2019, thereby, achieving a market value of $32.6 million by 2026. The Diagnostic Centers market is experiencing a CAGR of 4.8% during (2020 - 2026). The Mobile Imaging Centers market is estimated to grow at a CAGR of 5.7% during (2020 - 2026).
Free Valuable Insights: X-Ray Systems Market in Europe is expected to register a CAGR of 5.1% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG, Hitachi, Ltd., Canon, Inc. (Canon Medical Systems Corporation), Fujifilm Holdings Corporation, Carestream Health, Inc., Shimadzu Corporation, Hologic, Inc., and Konica Minolta, Inc. (Konica Minolta Healthcare Americas, Inc.)
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