The North America Medical X-ray Image Processor Market would witness market growth of 1.5% CAGR during the forecast period (2023-2029).
Cardiovascular disease is a variety of cardiovascular disorders, such as heart failure, coronary artery disease, and arrhythmias, that can be detected and tracked using X-ray imaging. In addition, in individuals with chronic renal disease, X-ray imaging can be utilized to evaluate the size and functionality of the kidneys. Thus, the requirement for medical X-ray image processors may increase over the forecast period due to the increased prevalence of the aforementioned chronic illnesses and the usage of X-ray imaging in their diagnosis.
X-rays can be used to locate and size bone tumors and aid in identifying them. X-rays are also employed in preoperative planning, which assists surgeons in seeing the bone and joint structures and planning the surgical approach. Post-operative assessment: Following surgery, X-rays are taken to assess the procedure's success and guarantee that the bone is healing appropriately.
Breast cancer is the most prevalent kind of cancer in women in the US, aside from skin cancer. About 264,000 women and 2,400 men are diagnosed with breast cancer annually in the US. The United States annually loses 500 men and 42,000 women to breast cancer. The annual incidence of new female breast cancer cases was 126.9 per 100,000 females. In addition, 19.6 deaths per 100,000 females occurred annually. These rates have been age-adjusted based on cases and deaths from 2016 to 2020. In the United States, there were reportedly 3,886,830 women who had breast cancer in 2020. Thus, with the high rate of various kinds of breast cancer, the need for the effective diagnosis will also increase, raising the demand for medical X-ray and image processors, aiding the market to grow in the region.
The US market dominated the North America Medical X-ray Image Processor Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $235 Million by 2029. The Canada market is poised to grow at a CAGR of 3.5% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 3.2% during (2023 - 2029).
Based on End User, the market is segmented into Hospitals, Outpatient Facilities and Research & Manufacturing. Based on Product, the market is segmented into Cassette and Flat Panel Detectors. Based on Application, the market is segmented into Orthopedic, Mammography, Dental, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Medical X-ray Image Processor Market is Projected to reach USD 994.3 Million by 2029, at a CAGR of 2.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Baker Hughes Company, Konica Minolta, Inc., Agfa-Gevaert Group, Fujifilm Holdings Corporation, Carestream Health, Inc. (Onex Corporation), Zimed Healthcare, Inc., Euroteck Systems UK Ltd, Hexagon International (GB) Ltd, AFP Manufacturing Corporation and PROTEC GmbH & Co. KG.
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