Hospital mobile X-ray market projected to reach $5.29 billion by 2031 due to rising demand

From GlobeNewswire: 2025-01-22 07:36:00

A report from The Insight Partners reveals that the hospital mobile X-ray market is expected to reach $5.29 billion by 2031, with a projected CAGR of 10.7% from 2023-2031. The market is driven by increasing chronic conditions like cardiovascular and respiratory diseases, leading to a surge in product launches and demand for these devices.

Chronic diseases like cardiovascular disease and respiratory disorders are on the rise globally, accounting for 71% of total deaths worldwide. This has led to a significant demand for hospital mobile X-rays for accurate diagnosis and management. Additionally, acute conditions such as trauma and fractures also contribute to the need for these devices.

Key players in the hospital mobile X-ray market, such as Samsung, Siemens Healthineers, Fujifilm, and Konica Minolta, are constantly launching new products to cater to a wider customer base. These product launches are expected to drive growth opportunities in the market in the coming years.

Asia Pacific led the hospital mobile X-ray market in 2023, followed by North America and Europe. Asia Pacific is projected to register the highest CAGR during the forecast period, indicating significant growth potential in the region.

The hospital mobile X-ray market is segmented by technology, configuration, and ward, with key players like Agfa-Gevaert Group, Koninklijke Philips N.V., and Carestream Health Inc. dominating the market. Trends in portable X-ray devices, digital systems, and smart detectors are driving innovation in the industry.



Read more at GlobeNewswire: Hospital Mobile X-Ray Market Set to Reach US$ 5.29 Billion