Transparency Market Research includes new market research report "X-ray Market : Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014-2022" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 06/19/2015 -- Transparency Market Research has published a latest report on the global X-ray market. The report titled "X-ray Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" forecasts that the global X-ray market will show consistent growth at a CAGR of 4.5% during the period between 2014 and 2022. The market was worth US$7.89 billion in 2013 and with the estimated growth rate, the global X-ray market will reach US$11.79 billion by the end of 2022.
The report credits the growth of the global X-ray market to the rising prevalence of cardiovascular, dental, respiratory, and other diseases across the globe. Also, rising geriatric population will drive the demand from the global X-ray market. Analog X-ray machines which dominated the market till 2005 were replaced by the digital X-ray systems. The high spatial resolution and requirement of minimum X-ray dosage offered by the advanced X-ray systems are preferred by the doctors, thereby fuelling the growth of the global X-ray market. However, the report suggests that the implementation of the legal provisions such as the Affordable Care Act in the U.S., will negatively impact the global X-ray market. The high cost of the advanced digital X-ray systems will lead to its lower adoption rate in the medical sector.
Browse the full X-ray Market : Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022 report at http://www.transparencymarketresearch.com/ x-ray-market.html
Depending upon the product type, the global X-ray market has been segmented into stationary X-ray and portable X-ray. The portable X-ray segment has been further sub-categorized into mobile X-ray and handheld X-ray. The study compares the market revenue by product type during the period between 2012 and 2022. Due to the cost-effectiveness, the stationary X-ray machines accounted for the largest share of the global X-ray market in 2013. On the basis of technology, the global X-ray market offers analog X-ray and digital X-ray machines. The report identifies the digital X-ray segment to be the fastest growing segment of the global X-ray market during the forecast period. Digital X-ray machines use X-ray sensors to function and store images. Introduction of picture archiving and communication system (PACS) in digital X-ray machines will drive the growth of this segment in the near future.
The report also gives insights about the X-ray detectors market. The global X-ray detectors market has been segmented into photostimulable storage phosphor detectors, flat panel detectors, and others. The flat panel detectors have been further segmented into direct flat panel detectors and indirect flat panel detectors. Other detectors include scintillators, image intensifiers, and, CCD and CMOS-based detectors. The report provides an overview of the global X-ray market by applications and estimates the market revenue in cardiovascular, respiratory, dental, mammography, and other X-ray applications.
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Globally, the X-ray market has been divided into Asia Pacific, Europe, North America, Latin America, Africa, and the Rest of the World. Due to the awareness about advanced radiology procedures coupled with high income levels, North America dominated the global X-ray market in 2013. According to the report, emerging economies in Latin America, Africa, and Asia Pacific will lead to huge growth opportunities in the global X-ray market. The report profiles some of the key players of the global X-ray market such as GE Healthcare,Philips Healthcare, Siemens Healthcare, FUJIFILM Holdings Corporation, and Canon Inc.
The global X-ray market is segmented as follows:
Global X-ray Market, by Product Type
- Stationary X-ray
- Portable X-ray
- Mobile X-ray
- Handheld X-ray
Global X-ray Market, by Technology
- Analog X-ray
- Digital X-ray
- Computed Radiography
- Direct Digital Radiography
Global X-ray Detectors Market, by Type
- Photostimulable Storage Phosphor (PSP) Detectors
- Flat Panel Detectors
- Indirect FPDs
- Direct FPDs
- Other X-ray Detectors (CCD, CMOS, X-ray Films, etc.)
Global X-ray Market, by Applications
- Others (Abdominal, Orthopedic, etc.)
Global X-ray Market, by Geography
- North America
- Asia Pacific
- Latin America
- Rest of the World (RoW)
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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