The global portable x-ray devices market was valued at US$ 6,437.8 Mn in 2021 and is forecast to reach a value of US$ 11,951.1 Mn by 2028 at a CAGR of 9.2% between 2022 and 2028. The portable x-ray devices market is experiencing strong growth due to the subsequent growth in disease incidence, growing geriatric population, and favorable government initiatives/finding. Moreover, development of technological advanced digital X-ray systems is expected to boost the growth of the market. However, product recalls and potential risks associated with radiation exposure are expected to hamper the growth of the market.
Global Portable X-Ray Devices Market: Regional Insights
Based on geography, the portable x-ray devices market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market over the forecast period due to the increasing prevalence of chronic disorders and growing geriatric population in this region. X-ray devices are widely used to detect various chronic disorders. A chest X-ray can diagnose various health conditions, and thus, there is an increasing demand for portable X-ray devices in the U.S. According to the Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the United States.
Asia Pacific and Europe also expected to witness substantial growth in the global portable x-ray devices market owing to the rising geriatric population susceptible to chronic diseases. Asia and Europe are home to some of the world's oldest populations, those ages 65 and above, and geriatric population more vulnerable to chronic diseases. For instance, according to the Asian Development Bank (ADB), by 2050, one in four people in Asia and the Pacific will be over 60 years old. The population of older persons (aged over 60) in the region will triple between 2010 and 2050, reaching close to 1.3 billion people.
Figure 1. Global Portable X-Ray Devices Market Share (%), by Region, 2021
Global Portable X-Ray Devices Market Drivers:
Increasing prevalence of chronic diseases across the globe is expected to augment the growth of the global portable X-ray devices market over the forecast period. X-ray devices are used in a medical imaging procedure known as radiology. Radiology represents a branch of medicine that deals with radiant energy in the diagnosis and treatment of various diseases. According to the World Health Organization (WHO), Noncommunicable diseases (such as cardiovascular diseases, cancer, and chronic respiratory diseases, among more) kill around 41 million people each year, equivalent to 71% of all deaths worldwide.
Technological advances in x-ray devices are expected to boost the growth of the global portable x-ray devices market over the forecast period. The incorporation of artificial intelligence (AI) in x-ray devices may improve the diagnosis, and thus, market players are focusing on launching or developing AI-enabled in x-ray devices. For instance, in January 2020, Nanox announced the launch of digital x-ray device accompanied by AI-based software. The system is designed to enable medical screening as a service to improve the accessibility and affordability of early-detection services worldwide.
Global Portable X-Ray Devices Market Opportunities:
Favorable government initiatives or government support is expected to offer lucrative growth opportunities for players in the global portable x-ray devices market. For instance, in July 2022, Member of Parliament Kanimozhi (Thoothukkudi, Tamil Nadu, India) announced the launch of digital mobile X-ray diagnostic unit to detect tuberculosis. Under the National Tuberculosis Elimination Programme (NTEP), tuberculosis is diagnosed and treated free of cost with high quality equipment and medicines in the district as part of the State Government’s mission to achieve the target of ‘Tuberculosis-free Tamil Nadu’ by 2025.
Increasing demand for portable x-ray devices across the world is expected to provide lucrative growth opportunities for players in the global portable x-ray devices market. For instance, in July 2022, Fujifilm Europe announced the launch of the new hybrid C-arm and portable x-ray device, named FDR CROSS. It is designed to offer high quality fluoroscopic and static x-ray images during surgery and other medical procedures. The system can capture both fluoroscopic and radiographic images on a single platform, providing efficient and streamlined workflow.
| Report Coverage | Details | ||
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| Base Year: | 2021 | Market Size in 2021: | US$ 6,437.8 Mn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2028 |
| Forecast Period 2022 to 2030 CAGR: | 9.2% | 2028 Value Projection: | US$ 11,951.1 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Carestream Health Inc., Siemens Healthineers AG, Shimadzu Corporations, MinXray, Koninklijke Philips NV, GE Healthcare, Canon Medical Systems, Envista Holdings Corporation, and FUJIFILM Holdings Corporation, among others |
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Global Portable X-Ray Devices Market Trends:
Growing geriatric population around the world is expected to propel the growth of the global portable x-ray devices market. There is a surge in the number of imaging diagnostics owing to growing geriatric population and wider adoption of portable systems across diagnostic centers. For instance, according to WHO, by 2050, the world's population of people aged 60 years and older will double (2.1 billion). While, the number of persons aged 80 years or older is expected to triple between 2020 and 2050 to reach 426 million.
Introduction of novel products by players in the market is expected to drive growth of the global portable x-ray devices market. For instance, in April 2022, Boston Imaging, US headquarters of Samsung digital radiography and ultrasound systems, launched the new configuration of the AccE GM85 called the GM85 Fit, featuring a user-centric design. As the procedure volume of mobile X-ray increases to deal with unprecedented patient volume, Samsung is focusing on creating more efficient mobile imaging solutions.
Global Portable X-Ray Devices Market Restraints:
High risk of radiation exposure is expected to hamper the growth of the global portable x-ray devices market. The risk associated with medical imaging procedures refers to possible long-term or short-term side effects. Exposure to high radiation levels can have a range of effects, such as vomiting, bleeding, fainting, hair loss, and the loss of skin and hair. While X-rays are linked to a slightly increased risk of cancer, there is an extremely low risk of side effects.
Product recall is expected to hinder growth of the global portable x-ray devices market. For instance, in January 2019, Shimadzu Medical Systems USA recalled a mobile x- ray system (SHIMADZU MobileDaRt Evolution (MX8 Version) as Food and Drug Administration (FDA) recorded device reported design fault.
Figure 2. Global Portable X-Ray Devices Market Share (%), by Technology, 2021
Global Portable X-Ray Devices Market Segmentation:
The global portable x-ray devices market report is segmented into Technology, Application, Modality, and Region.
Based on Technology, the market is segmented into Analog X-ray and Digital X-ray. Out of which, Digital X-ray Segment is expected to dominate the portable x-ray devices market over the forecast period and this is attributed to the advantages of digital X-ray devices/systems over conventional analog systems. This in turn has increased the demand for digital X-ray systems or devices across the globe.
Based on Application, the market is segmented into Dental X-ray, Mammography, Chest X-ray, and Abdomen X-ray. Out of which, Chest X-ray Segment is expected to dominate the market over the forecast period and this is attributed to the emergence of COVID-19. Chest X-ray is usually the first-line imaging test in patients with suspected or confirmed COVID-19 due to its availability, usefulness, and low cost.
Based on Modality, the market is segmented into Handheld X-ray Devices and Mobile X-ray Devices. Out of which, Mobile X-ray Devices Segment is expected to dominate the market over the forecast period and this is attributed to the increasing demand for mobile x-ray devices. As the procedure volume of mobile X-ray increases to deal with unprecedented patient volume, market players are focusing on creating more efficient mobile imaging solutions.
Global Portable X-Ray Devices Market: Key Developments
In November 2021, GE Healthcare unveiled around 60 innovative solutions including Artificial Intelligence algorithms embedded on a mobile x-ray device for case prioritization, automated measurements, and quality control at the Radiological Society of North America’s (RSNA) 2021 Annual Meeting.
In April 2021, Nobel Biocare and KaVo Imaging entered a partnership for the latest software development for imaging, diagnostics, treatment planning, treatment delivery, and follow-up.
In March 2021, Canon Inc. developed a new Built-in AEC1 assist technology (DR). Using this technology, the device's X-ray image sensor can perform either picture production or real-time detection of the pixel value corresponding to emitted X-rays.
In May 2020, Royal Philips expanded its manufacturing factory near Pune by 7,200 sq. feet to start manufacturing magnetic resonance imaging (MRI) and x-ray equipment.
Global Portable X-Ray Devices Market: Key Companies Insights
The portable x-ray devices market is highly competitive, and this is attributed to the advantages of portable X-ray devices/systems over conventional systems, as a result, players in the market are focusing on launching portable devices/systems in the market.
Some of the key players in the global portable x-ray devices market are:
Carestream Health Inc., Siemens Healthineers, Shimadzu Corporations, MinXray, Koninklijke Philips NV, GE Healthcare, Canon Medical Systems, Envista Holdings Corporation, and FUJIFILM Holdings Corporation, among others.
*Definition: The portable X-ray device is smaller in size than the X-ray device stationed at medical facilities. Portable X-ray system allows taking the X-ray images of the patients without calling them into the special lead-lined room. These devices are used to take pictures of internal body parts such as bones, joints, tissues, and others.
Radiology represents a branch of medicine that deals with both the diagnosis and treatment of various diseases. X-ray imaging exams are recognized as a valuable medical tool for a variety of examinations and procedures. A portable X-ray device is a wireless digital imaging device for mobile health providers. These devices are used to take pictures of internal body parts such as bones, joints, tissues, and others. Portable X-ray has been a useful tool for the diagnosis and monitoring of patients in the intensive care units, in nursing homes, in prisons, or in shelters for the homeless, where transfer to the hospital radiology department may be an obstacle. Thus, there is an increasing demand for portable X-ray devices.
Market Dynamics:
Advantages of portable X-ray systems over conventional systems, continuous technological advancements, increase in focus in the product development, favorable government initiatives & investments, and growing geriatric population and subsequent growth in disease incidence are some major factors expected to aid in the growth of the global portable x-ray devices market during the forecast period.
In March 2022, Konica Minolta Inc. (Konica Minolta) launched AeroDR TX m01 in Japan. It is a portable X-ray system featuring a wireless dynamic digital radiography function.
In March 2021, Fujifilm India Private Limited announced the launch of Fujifilm’s first portable X-ray device FDR Xair XD2000 that can easily be used in environments where space and resources are limited, providing quick and easy access to diagnostic imaging.
Key features of the study:
Detailed Segmentation:
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