The global medical X-ray generator market is expected to reach USD 2.07 billion by 2024, according to a new report by Grand View Research, Inc. The unprecedented shift in lifestyle associated habits coupled with increasing prevalence chronic diseases, is responsible for the rise in demand for accurate diagnostic tools, which is presumed to bolster the market growth. In addition, global geriatric population base that is highly susceptible toward developing these chronic diseases is anticipated to impel the demand for high resolution imaging systems. This high requirement is effectively addressed by use of the medical x-ray generators, thus presenting the market with high growth potential throughout the forecast period.
In addition, these devices lead to better patient outcomes, which include faster detection of disease conditions, and improved patient safety profile. These associated benefits are expected to increase the overall adoption rate of these medical x-ray generators over the coming years
Furthermore, technological advancements such modification of the design of computer-controlled x-ray generator interface with imaging system results in better synchronization of the overall imaging system with x-ray generators. This has resulted in application of medical x-ray generators in fluoroscopy, radiography, and angiography, thus widening the potential for growth during the forecast period.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/medical-x-ray-generator-market
Further Key Findings from the Study Suggest:
·
Stationary medical x-ray generators held the
largest share of over 68.0% in the product segment in 2015. The dominant share
can be attributed to low costs, high stability, and durability associated with
the device, which is responsible for the high adoption rate in hospital
settings.
·
Cardiovascular segment held the substantial
share of over 20.0% in the application segment in 2015. The aforementioned is
primarily a consequence of increasing prevalence of cardiovascular diseases. In
addition, high demand for mono energetic x-ray generators for cardiovascular
imaging, owing to its appropriate and safe intensity of energy projections, is
presumed to provide growth potential to the Medical X-ray Generator
Market.
·
In 2015, North America held a substantial share
of the overall Medical X-ray Generator Market at over 30.0%. The presence of
government regulatory authorities, consistently striving toward high patient
safety is a significant factor that is presumed to be responsible for the
largest market share of this region.
·
Furthermore, frequent product launch by
prominent market players in the U.S. is presumed to be responsible for its
largest share. For instance, In June 2015, Spellman High Voltage Electronics
Corporation launched new range of radiography generators, Z series X-ray
Generators. The product was launched at a relatively lower cost to cater to
mid-tier medical radiography and veterinary imaging segments.
·
Some key players are increasingly involved in
entering into collaborations and product launches to garner a larger share. For
instance, in April 2015, Emd Technologies, Inc., launched a new range of EPS
Unipolar High-Voltage Generators in the area of the mammography radiology
segment. Moreover, in March 2015, Spellman announced to expand x-ray source
product portfolio, through the launch of Monoblock x-ray sources with the
introduction of XRBC Monoblock series.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Global Medical X-Ray Generators Product Outlook (Revenue, USD
Million,Volume, 000 units, 2013 - 2024)
·
Stationary
·
Portable
Global Medical X-Ray Generators Application Outlook (Revenue, USD
Million, Volume, 000 units, 2013 - 2024)
·
Cardiovascular
·
Respiratory
·
Mammography
·
Orthopedics
·
Dental
Medical X-Ray Generators Regional Outlook (Revenue, USD Million,
Volume, 000 units, 2013 - 2024)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
·
Latin America
·
MEA
For press release of this report - http://www.grandviewresearch.com/press-release/global-medical-x-ray-generator-market
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View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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