The hospital mobile X-ray market size is projected to reach US$ 5.29 billion by 2031 from US$ 2.33 billion in 2023. The market is expected to register a CAGR of 10.7% during 2023–2031. The increasing number of product launches and the rising integration of advanced algorithms for better imaging are likely to remain key trends in the hospital mobile X-ray market.
Hospital mobile X-ray market growth is driven by the rising prevalence of chronic disorders and the upsurging adoption of advanced hospital mobile X-ray systems. There has been a tremendous increase in the prevalence of chronic disorders, including cancer, cardiovascular disorders, and orthopedic and musculoskeletal disorders. Such conditions have adversely affected large populations globally, which depreciated the quality of life. According to the World Health Organization (WHO), in 2022, ~1.71 billion people across the world were affected by musculoskeletal disorders. An upsurge in product launches also propels the market growth.
In hospitals, mobile X-ray systems are used for the diagnosis of various chronic conditions. Moreover, the upsurging number of hospitals and diagnostic centers and the increasing integration of advanced algorithms for better imaging are expected to create ample opportunities for the hospital mobile X-ray market. North America is likely to account for the major market share during the forecast period. Asia Pacific is anticipated to register the highest CAGR in the coming years.
The increased adoption of advanced mobile X-ray systems offers benefits to medical practitioners and patients. One of the major benefits of the systems is their capability to avoid extra movements and transports of patients suffering from severe health conditions. Most mobile X-ray systems are equipped with a stand on wheels, whereas some systems are motorized, which enables technologists to transport the X-ray system easily and quickly. In addition, mobile digital X-ray systems enable quick image capturing and processing with the help of intuitive software. Also, the results are accessed in real-time and can be directly shared with the patient’s physician, which helps them to proceed with further treatment processes. In March 2021, Fujifilm India Pvt. Ltd. launched its mobile digital radiology system – FDR nano. The system offers high-resolution imaging with low X-ray doses in healthcare settings. It enables noise reduction circuits that improve the granularity of low-density regions and achieve high image quality.
The global healthcare system has observed a steep rise in the diagnostic industry in the last few years due to the transformation in the healthcare systems. Moreover, the rapidly growing population and rising prevalence of chronic conditions are demanding quality infrastructure among hospitals and diagnostics centers. According to the recent data published by the American Hospitals Association, as of 2024, there are nearly 6,120 hospitals in the US. Moreover, according to data published by The Economic Times, in 2023, there are around 70,000 hospitals in India. Additionally, these hospitals in India are emphasizing the adoption of portable diagnostic technologies to ease medical imaging and provide a better patient experience.
Key segments that contributed to the derivation of the hospital mobile X-ray market analysis are technology, configuration, and ward.
The geographic scope of the hospital mobile X-ray market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America dominated the hospital mobile X-ray market. The market growth in the region is attributed to the increasing prevalence of chronic diseases, strategic developments by market players, and growing medical tourism in Mexico that demands advanced and cost-effective medical devices for diagnostic and treatment purposes. Additionally, owing to the high R&D spending for new technologies and the presence of global market players, North America dominates the global hospital mobile X-ray market. Asia Pacific is anticipated to register the highest CAGR in the coming years.
The regional trends and factors influencing the Hospital Mobile X-Ray Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Hospital Mobile X-Ray Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.33 Billion |
Market Size by 2031 | US$ 5.29 Billion |
Global CAGR (2023 - 2031) | 10.7% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Hospital Mobile X-Ray Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Hospital Mobile X-Ray Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The hospital mobile X-ray market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the hospital mobile X-ray market are listed below:
The “Hospital Mobile X-Ray Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: