X-Ray Devices Market Size, Share, Opportunities, And Trends By Type (Portable, Stationary), By Application (Diagnostic, Treatment), By Medical Condition (Cancer, Digestive Problems, Fractures, Others), By Medical Application (Human, Veterinary), By Technology (Analog, Digital), And By Geography- Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061613603
- Pages : 132
The X-Ray Devices market is expected to grow at a CAGR of 5.65%, reaching a market size of US$19.192 billion in 2030 from US$14.580 billion in 2025.
An X-ray device is used to generate 2D X-ray images of 3D interior organs or bones. The rising prevalence of chronic diseases is driving market expansion throughout the predicted period. The increasing trend of early diagnosis and disease detection creates additional opportunities for market growth during the forecast period. The X-ray system sends small amounts of X-rays into the human body and records an image of the area of interest on a gadget.
The increasing number of non-fatal vehicle accidents is driving up demand, as X-rays provide an instant snapshot of the injury. Furthermore, technological advancements have divided the X-ray equipment market into portable and fixed systems, propelling the market growth. The expanding digitization has segmented the market based on analogous and digital technologies, boosting the market share of digital X-ray systems, which are seeing a rapid rise in usage due to ongoing advances in offering better healthcare facilities on a global scale.
What are the drivers of the X-Ray Devices market?
- The growing geriatric population is anticipated to boost the X-ray devices market
The expanding worldwide geriatric population will drive market expansion during the forecast period, as will the advent and prevalence of age-related disorders such as osteoporosis and the identification of bone degradation caused by aging. As per the World Bank, the global geriatric population (65 years and older) increased from 673,618,927 in 2018 to approximately 1.1 billion in 2023.
The rising older population needs better healthcare facilities that include preventative measures, as many people in this category suffer from age-related chronic diseases or diseases as a result of adopting a bad lifestyle when younger. Hence, this population requires better healthcare facilities with improved diagnostic and treatment procedures to prevent the spread of age-related or degenerative diseases.
Furthermore, with lowering fertility rates and rising life expectancy at birth, global aging is expected to accelerate due to improved overall survival, resulting in longevity and further burgeoning market growth during the projection period.
- Rising prevalence of chronic diseases is anticipated to fuel the X-ray devices market
Chronic disease burdens are increasing considerably in developed and developing countries. As per WHO, chronic diseases accounted for 74 percent (roughly) of the total 41 million reported deaths worldwide. This is predicted to push the burden of noncommunicable illnesses to 86% by 2048. Cardiovascular diseases account for over half of the chronic disease burden. This is related to adopting bad living conditions, such as improper eating habits and physical inactivity, affecting an increasing number of individuals worldwide. Moreover, with smoking habits prevalent in society at the international level, excessive smoking causes cancer, heart disease, lung disease, and other diseases that necessitate the use of equipment such as an X-ray machine. An X-ray can detect disease occurrence, and in the case of cancer, this can be useful in determining the cancer stage.
Furthermore, smoking raises the risk of developing TB and rheumatoid arthritis, which causes joint inflammation and stiffness that can worsen over time. However, efforts are being made to prevent these diseases. Thus, early illness identification and prevention play an important role in disease mitigation, followed by treatment procedure decision-making and monitoring, which will drive market expansion throughout the projection period.
X-ray devices market challenges:
- The presence of other imaging modalities will hamper the X-ray devices market growth
Aside from X-ray systems, other medical imaging modalities are available, such as magnetic resonance imaging (MRI), CT, and ultrasound. These are also widely available, use cutting-edge technology, and serve a variety of diagnostic and therapeutic objectives. Furthermore, ultrasonography is considered the safest imaging method because it does not employ ionizing radiation but relies on sound waves. It is the preferred method for pregnancy, emergency diagnostic, heart, spine, and imaging of other internal organs. Furthermore, a CT scan is commonly used in an emergency room because it takes less than five minutes to complete. MRI scans take longer, at least 30 minutes, but they provide a more in-depth investigation of a specific diagnosis and are considered superior to X-ray systems. Thus, the presence of these imaging systems would pose a threat to market growth over the projection period.
What are the key geographical trends shaping the X-ray devices market?
By geography, the X-Ray Devices market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America region is projected to have a significant market share. This dominance is based on various factors, such as a higher prevalence of chronic diseases and a growing aging population that substantially increases the region's demand for diagnostic imaging services. The growth is supported by favorable reimbursements, and government activities to enhance healthcare access and quality are positively driving the adoption of advanced X-ray technologies in the region.
North America is also known to have many leading manufacturers and innovators in the medical imaging sector, which is why there is continuous development in X-ray technology. These innovations include digital X-ray systems that offer improved image quality, reduced radiation exposure, and enhanced patient safety. North America has been the largest market in the X-ray devices segment, with strong growth prospects given the increasing adaptation of advanced systems by healthcare providers to meet the demands of their patients and enhance diagnostic capabilities. The robust healthcare infrastructure, coupled with the commitment to advancement, is primarily why North America holds a huge market share for X-ray devices.
X-ray devices market segmentation:
- Based on type, the market is bifurcated into portable and stationary. During the forecast period, the portable segment is expected to have a significant market share due to its growing adoption in emergencies and distant situations, improving access to imaging services.
- Based on application, the market is bifurcated into diagnostic and treatment. The diagnostic segment is anticipated to hold a substantial market share during the forecast period. This growth is attributed to the increasing prevalence of chronic diseases and the surging demand for early detection methods.
- Based on medical applications, the market is bifurcated into human and veterinary. The human segment is expected to have a significant market share during the projection period. This is attributed to the advances in imaging technology and a rising focus on patient care in healthcare facilities.
- Based on technology, the market is bifurcated into analog and digital. During the projection period, the digital segment is expected to have a significant market share due to its advantages, such as faster processing times, greater image quality, and lower radiation exposure than analog systems.
Key developments in the X-Ray devices market:
The major leaders of the X-ray devices market are Fujifilm Holdings Corporation, General Electric Company, Siemens Healthcare GmbH, and Koninklijke Philips N.V., among other prominent players. These players implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage over their competitors. For Instance,
- November 2024: Detection Technology has expanded its X-ray detector offering to include more than 60 variants. This new line of detectors incorporates a-Si, IGZO, and CMOS technologies, with applications ranging from industrial to medical to security. The detectors are designed for specific activities, such as battery inspection, fluoroscopy, and explosive ordnance disposal. This comprehensive solution seeks to increase performance and suit the changing needs of varied sectors globally.
- February 2024: IBA successfully bought Radcal Corporation, a California-based leader in diagnostic X-ray measurement. This acquisition is part of IBA's ambition to improve its Medical Imaging Quality Assurance capabilities and increase its footprint in the United States market. IBA intends to use Radcal's knowledge to strengthen its market position and broaden its revenue streams.
X-ray devices market scope:
| Report Metric | Details |
| X-Ray Devices Market Size in 2025 | US$14.580 billion |
| X-Ray Devices Market Size in 2030 | US$19.192 billion |
| Growth Rate | CAGR of 5.65% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in X-Ray Devices Market |
|
| Customization Scope | Free report customization with purchase |
The X-ray devices market is analyzed into the following segments:
- By Type
- Portable
- Stationary
- By Application
- Diagnostic
- Treatment
- By Medical Condition
- Cancer
- Digestive Problems
- Fractures
- Others
- By Medical Application
- Human
- Veterinary
- By Technology
- Analog
- Digital
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
The x-ray devices market is expected to reach a total market size of US$19.192 billion by 2030.
X-Ray Devices Market is valued at US$14.580 billion in 2025.
The global x-ray devices market is expected to grow at a CAGR of 5.65% during the forecast period.
The anticipated drivers of the X-ray devices market include the rising prevalence of chronic diseases, growing geriatric population, technological advancements, and the increasing demand for early diagnosis and disease detection.
The North America region is anticipated to hold a significant share of X-ray devices market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. X-RAY DEVICES MARKET BY TYPE
5.1. Introduction
5.2. Portable
5.3. Stationary
6. X-RAY DEVICES MARKET BY APPLICATION
6.1. Introduction
6.2. Diagnostic
6.3. Treatment
7. X-RAY DEVICES MARKET BY MEDICAL CONDITION
7.1. Introduction
7.2. Cancer
7.3. Digestive Problems
7.4. Fractures
7.5. Others
8. X-RAY DEVICES MARKET BY MEDICAL APPLICATION
8.1. Introduction
8.2. Human
8.3. Veterinary
9. X-RAY DEVICES MARKET BY TECHNOLOGY
9.1. Introduction
9.2. Analog
9.3. Digital
10. X-RAY DEVICES MARKET BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. By Type
10.2.2. By Application
10.2.3. By Medical Condition
10.2.4. By Medical Application
10.2.5. By Technology
10.2.6. By Country
10.2.6.1. USA
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. South America
10.3.1. By Type
10.3.2. By Application
10.3.3. By Medical Condition
10.3.4. By Medical Application
10.3.5. By Technology
10.3.6. By Country
10.3.6.1. Brazil
10.3.6.2. Argentina
10.3.6.3. Others
10.4. Europe
10.4.1. By Type
10.4.2. By Application
10.4.3. By Medical Condition
10.4.4. By Medical Application
10.4.5. By Technology
10.4.6. By Country
10.4.6.1. United Kingdom
10.4.6.2. Germany
10.4.6.3. France
10.4.6.4. Spain
10.4.6.5. Others
10.5. Middle East and Africa
10.5.1. By Type
10.5.2. By Application
10.5.3. By Medical Condition
10.5.4. By Medical Application
10.5.5. By Technology
10.5.6. By Country
10.5.6.1. Saudi Arabia
10.5.6.2. UAE
10.5.6.3. Israel
10.5.6.4. Others
10.6. Asia Pacific
10.6.1. By Type
10.6.2. By Application
10.6.3. By Medical Condition
10.6.4. By Medical Application
10.6.5. By Technology
10.6.6. By Country
10.6.6.1. Japan
10.6.6.2. China
10.6.6.3. India
10.6.6.4. South Korea
10.6.6.5. Indonesia
10.6.6.6. Thailand
10.6.6.7. Others
11. COMPETITIVE ENVIRONMENT AND ANALYSIS
11.1. Major Players and Strategy Analysis
11.2. Market Share Analysis
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Competitive Dashboard
12. COMPANY PROFILES
12.1. Fujifilm Holdings Corporation
12.2. General Electric Company
12.3. Siemens Healthcare GmbH
12.4. Koninklijke Philips N.V.
12.5. Shimadzu Corporation
12.6. Canon Medical Systems Corporation
12.7. Carestream Health
12.8. Hitachi Power Solutions Co., Ltd
12.9. Hologic Inc.
12.10. North Star Imaging Inc.
Fujifilm Holdings Corporation
General Electric Company
Siemens Healthcare GmbH
Koninklijke Philips N.V.
Shimadzu Corporation
Canon Medical Systems Corporation
Carestream Health
Hitachi Power Solutions Co., Ltd
Hologic Inc.
North Star Imaging Inc.
Related Reports
| Report Name | Published Month | Download Sample |
|---|---|---|
| Digital X-Ray Systems Market Forecast 2025-2030 | Free Sample | Nov 2024 | |
| Biopsy Devices Market: Size, Share, Trends, Forecast 2030 | Dec 2024 | |
| Angiography Equipment Market Forecast 2024-2029 | Free Sample | Apr 2024 | |
| Global Medical/Diagnostic Imaging Market Size | 2019 to 2024 | Mar 2020 | |
| Veterinary X-Ray Market Size & Forecast 2024-2029 | Free Sample | May 2024 |
