The Worldwide Medical X-ray Image Processor Market is Projected to reach USD 994.3 Million by 2029, at a CAGR of 2.8%

Published Date: 26-May-2023

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Medical X-ray Image Processor Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Medical X-ray Image Processor Market size is expected to reach $994.3 Million by 2029, rising at a market growth of 2.8% CAGR during the forecast period.

The Outpatient Facilities segment is showcasing a CAGR of 3.3% during (2023 - 2029). This is because a wide variety of diagnostic and preventative healthcare services are offered by these diagnostic labs. Specialty clinics like dental clinics, and diagnostic labs like pathology and imaging centers make up the outpatient facilities category. More consumers are anticipated to visit outpatient facilities because hospitals charge higher fees than diagnostic imaging clinics. As a result of the low prices and the ability to perform a wide variety of diagnostic and preventive services will surge the segment's expansion.

The Cassette segment acquired maximum revenue share in the Global Medical X-ray Image Processor Market by Product in 2022 thereby, achieving a market value of $545.6 Million by 2029. This is owing to the cassette's popularity, which can be traced to the widespread use of older, more conventional X-ray equipment. Traditional X-ray technologies are accessible and affordable. Furthermore, the high price of digital X-ray systems is likely to restrict their use in developing nations, where the prevalence of traditional X-rays is anticipated to be higher.

The Dental segment has shown the growth rate of 3.7% during (2023 - 2029). This is due to the rise in dental procedures and cases around the world. Especially in the early phases, X-rays are utilized to find cavities that are not visible to the human eye. In addition, dentists can view the tooth roots and bone surrounding them with X-rays. This aids in locating any abscesses, infections, or bone loss. The use of X-ray systems is anticipated to rise as the number of persons with cavities rises, propelling the segment's expansion.

The North America market dominated the Global Medical X-ray Image Processor Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $320.2 Million by 2029. The Asia Pacific market is exhibiting a CAGR of 3.7% during (2023 - 2029). Additionally, The Europe market would showcase a CAGR of 2.2% during (2023 - 2029).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Medical X-ray Image Processor Market Segmentation

By End User

  • Hospitals
  • Outpatient Facilities
  • Research & Manufacturing

By Product

  • Cassette
  • Flat Panel Detectors

By Application

  • Orthopedic
  • Mammography
  • Dental
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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
  • PROTEC GmbH & Co. KG

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Medical X-ray Image Processor Market size & Opportunities 2023-2029

Europe Medical X-ray Image Processor Market & Growth Forecast 2023-2029

Asia Pacific Medical X-ray Image Processor Market Share & Industry Outlook to 2029

LAMEA Medical X-ray Image Processor Market Growth, Trends & Forecasts 2023-2029

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