Asia Pacific Portable X Ray Devices Market Share | 2031

Report Description

Asia Pacific Portable X-ray Devices Market Outlook 2031:

The Asia Pacific portable X-ray devices market size was valued at USD 1.26 Billion in 2022 and is projected to reach USD 3.16 Billion by 2031, expanding at a CAGR of 10.75% during the forecast period 2023 - 2031. The growth of the market is attributed to the growing burden of chronic diseases and rising awareness regarding early diagnosis.

An X-ray generator is a device that produces X-rays through electromagnetic radiation. The X-ray devices are commonly used in a variety of applications including medicine, material thickness measurement, electronic assembly inspection, X-ray fluorescence, and material manufacturing operations.

Get Free Sample Report

In medical applications, X-ray generators are used for visualizing bone structures, assisting surgeons during surgeries, assisting cardiologists in locating blocked arteries, guiding stent placements, and performing angioplasties. The ongoing technological advancements has encouraged bulky X-ray machines to replace with portable and lightweight X-ray devices.

The portable X-ray devices comes with multiple advantages including mobility & portability, less processing speed, safe radiation exposure, cost effectiveness, and high image quality. Moreover, the key advantage of the portable X-ray device is its small size, light-weight, and simple operation. The efficiency in digital imaging technology has successfully eliminated the X-ray retakes and helped in providing accurate results. The mobile X-ray machines are considered to be the excellent medical devices that aid in saving time & money, while providing patients with quality service.

Portable X-ray Devices Market Trends, Drivers, Restraints and Opportunities

• Rising expenditure on healthcare, reimbursement framework, low labour-cost, and growing healthcare infrastructure are the major factors propelling the market expansion during the projected period.
• Supportive government regulations promoting manufacturing of portable medical machines is estimated to boost the market expansion during the forecast period.
• Growing geriatric population and rising health issues regarding weakness in the bone & muscles are the key factors expected to positively influence the market growth in the coming years.
• High manufacturing cost, large number of under diagnosed patients, and lack of awareness are anticipated to hamper the market growth during the forecast period.
• Rising demand for advanced X-ray machines and increasing research & development activities are some of the major factors expected to offer immense opportunities for the market players in the long run.

Scope of Portable X-ray Devices Market Report

The report on the Asia Pacific portable X-ray devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Asia Pacific Portable X-ray Devices Market Segment Insights

Digital X-ray segment is expected to exhbit at a substantial pace

On the basis of technologies, the market is fragmented into digital X-ray and analog X-ray. The digital X-ray segment is expected to grow at a rapid pace during the projected period due to its fast image acquisition rate, high patient throughput rates, good image quality, and low radiation risks. Moreover, the technological advancements in digital x-ray technology provide multiple benefits, ranging from safety to improved treatment outcomes.  

Furthermore, growing burden of chronic conditions in Asia Pacific is expected to aid in the growth of the market segment in the coming years. On the other hand, the analog X-ray segment is anticipated to exhibit a substantial growth during the forecast period owing to the increasing cases of chronic diseases such as arthritis and cancers and demand for effective diagnostic imaging.

Get Free Sample Report

Dental X-ray segment is projected to hold a major market share

Based on applications, the market is divided into abdomen X-ray, dental X-ray, chest X-ray, and mammography. The dental X-ray segment is projected to hold a major market share during the forecast period owing to the increasing technological advancements, growing aging population, reduced diagnosis time, and improved cost saving.

Furthermore, the growing adoption of cone-beam computed tomography, rising incidence of dental disorders, and increasing demand for cosmetic dentistry are estimated to fuel the growth of the market in the coming years.

However, the mammography segment is anticipated to exhibit a substantial growth during the projected period owing to the rising prevalence of breast cancer and increasing demand for early-stage diagnosis amongst patients.

Moreover, the rising access to breast cancer screening systems and increasing government initiatives to support clinical interpretation are projected to boost the market growth in the upcoming years.

Get Free Sample Report

Handheld X-ray segment is projected to expand at a robust CAGR

On the basis of modalities, the market is segregated into mobile X-ray devices and handheld X-ray devices. The handheld X-ray devices segment is projected to expand at a robust CAGR during the forecast period owing to the routine diagnostic applications. Furthermore, the increasing use of handheld imaging devices in modern healthcare for dentistry and cardiology is expected to encourage the growth of the market segment.

On the other hand, the mobile X-ray devices segment is anticipated to hold a significant market share during the forecast period due to the increasing awareness about early diagnosis, rising prevalence of chronic conditions, and growing demand due to better patient experience.

Moreover, lightweight and completely digital solution provided by mobile X-ray devices, which are suitable for outdoor applications, is anticipated to fuel the growth of market segment during the projected period.

China is anticipated to constitute a key market share

In terms of geography, the market is classified as India, China, South Korea, Japan, Australia, and Rest of Asia Pacific. China is anticipated to constitute a key share of the market during the projected period owing to the rising prevalence of diseases such as cancer, cardiovascular, dental, and orthopedic disorder.

Moreover, the country is expected to continue its dominance in the market due to the increasing number of medical implant surgeries owing to unhealthy lifestyle and growing geriatric population. However, the market in India is anticipated to exhibit a robust CAGR during the forecast period due to improving healthcare infrastructure and growing economical products catering to cost sensitive clientele.