Portable X-ray Devices Market, By Technology (Analog X-ray and Digital X-ray), By Application (Dental X-ray, Mammography, Chest X-ray, and Abdomen X-ray), By Modality (Handheld X-ray Devices and Mobile X-ray Devices), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jun 2024

Code : CMI5201

Pages :164

Formats :

Excel and PDF

Industry : Medical Devices

Market Concentration and Competitive Landscape

Portable X-ray devices Market Concentration By Players

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The rising geriatric population

The global portable X-ray devices market is anticipated to experience growth propelled by the expanding geriatric population worldwide. The increasing number of imaging diagnostics, driven by the aging demographic and the wider acceptance of portable systems across diagnostic facilities, is contributing to this surge. For instance, according to the World Health Organization (WHO), the global population aged 60 years and older is projected to double by 2050, reaching 2.1 billion, while the number of individuals aged 80 years or older is expected to triple between 2020 and 2050, reaching 426 million.

The introduction of innovative products by market players is also expected to fuel the growth of the global portable X-ray devices market. For example, as reported in the 2021 Knoema journal, Argentina witnessed a rise in its population aged 65 years and older to 11.5% in 2021, with this demographic segment growing at an average annual rate of 0.95%. Given that the elderly population is susceptible to a range of ailments, the demand for portable digital X-ray devices is expected to escalate. Diagnostic imaging equipment is indispensable for diagnosing numerous illnesses, making it a crucial requirement amid the burgeoning geriatric population.

Key Players Insights