The size of the North America Portable X-Ray Devices Market is expected to reach USD 4.07 billion by 2027 from USD 2.15 billion in 2022, growing at a rate of 13.65% between 2022 to 2027.
North America accounts for the largest share in the global market. Owing to the increase in the aged population and technological competitiveness, it is expected to continue its dominance over the forecast period. North America's dominance has been majorly attributed to the high prevalence of cardiovascular and respiratory diseases, financial capability to purchase expensive devices, and high awareness about advanced radiology procedures. North America is geographically divided into the USA and Canada.
Point of care diagnostic has become several folds easier after the invention of these portable devices. Any abnormality in the body, specifically bones, is detected by these electromagnetic rays (X-Rays). Their major application is in the military or sports as they are portable and easy to handle. The cost of X-Ray films can be eliminated using a digital X-Ray as they can be directly connected to the computers in the X-Ray labs, and medical professionals can view the images for further treatment.
If it is not possible to take to the patient to a stationary machine, their portable x-ray devices are best used. They are majorly used in private rooms, ICU’s, NICU’s technicians use them to check patients outside the hospital. Their high detail images feature helps to boost efficiency and confident diagnostics.
An increase in the aging population, the number of accidents, public awareness, and government and private bodies are the major factors driving the market. The market growth is restricted because of stringent FDA regulations, the high cost of devices, and medical professionals' absence.
This research report on the North America Portable X-Ray Devices Market has been segmented and sub-segmented into the following categories:
By Devices Type:
Regionally, North America Portable X-Ray Devices Market will have the largest revenue share of the diagnostic imaging market in 2019. The main factor in this region is the emergence of many industry stakeholders and the frequent introduction of new products in this region. Due to favorable reimbursement programs and high patient awareness, the region is highly proven in advanced and expensive imaging. Also, high service rates guarantee a quick return on investment in expensive diagnostic systems and suits.
North America is the country with the highest healthcare costs, and in 2015 the United States spent nearly 17.8% of GDP on healthcare. This number is expected to reach 20.0% in the coming years. Also, the aging of the population, the increasing prevalence of chronic diseases, and trends in the development of preventive diagnostics are expected to drive the regional North America Portable X-Ray Devices Market.
Companies playing a dominant role in the North America Portable X-Ray Devices Market profiled in this report are 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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