The Global Portable X-Ray devices market is expected to grow at a CAGR of 14.6%. However, high cost of portable devices is a key restraint to the market.
Hyderabad, India -- (SBWIRE) -- 01/22/2018 -- The report "Portable X-Ray Devices Market by Devices Type (Hand held devices and Mobile devices) by Technology (Analog X-Ray devices and Digital X-Ray devices) by Application (Dental, Mammography, Chest and Abdomen X-Ray) - Forecast to 2021", The Portable X-Ray Devices market is expected to reach USD 8.14 Billion by 2021 from an estimated USD 4.12 Billion in 2016, at a CAGR of 14.6%. The key factors such as growth in awareness about portable devices, increasing geriatric population, increasing number of accidents and positive support from governmental policies coupled with growing private investments are the major drivers for market growth.
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By technology, the digital devices segment accounted for the largest share of the market in 2016
On the basis of technology, the Portable X-Ray Devices market has been segmented into digital and analog devices. In 2016, the digital devices segment is expected to account for the largest share of the global Portable X-Ray Devices market. Its market share is the highest among all the various applications.
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By application, the dental segment accounted for the major market share in 2016.
By application, the Portable X-Ray Devices market has been segmented into dental, mammography, chest, and abdomen X-ray devices. These are categorized also into hand held devices and mobile devices. Hand held devices are the fastest growing category with the mobile devices holding the major share of the market.
North America dominated the market in 2016
North America accounted for the largest share of the Portable X-Ray Devices market in 2016, followed by Europe. The large share of the North American Portable X-Ray Devices market can be attributed to the growth in technology and Portable X-Ray Devices research grants and funds in the US combined with the presence of higher awareness among the populace about Portable X-Ray Devices and also the growing geriatric population.
The various players in the Portable X-Ray Devices market include Carestream Health, Hitachi Medical corporation, Siemens healthcare, Philips healthcare, Virtual imaging, GE healthcare, Fujifilm holdings corporation, Shimadzu corporation and Toshiba corporation.
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