Medical X-ray Generator Market, by Type (Stationary, and Portable), by Application (Mammography, Cardiovascular, Respiratory, and Orthopedics) and Geography (NA, EU, APAC, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The medical x-ray generator market is estimated to represent a global market of USD 1,403 million by 2017 with growth rate of 3.2%.
Market Dynamics
Medical x-ray generators are primarily used to generate visual representations of the internal organs for therapeutic and diagnostic purposes. These devices act by modifying the voltage and the current, which is modulated to a desired level within an x-ray tube, to generate an X-Ray beam. This generator enables to convert electrical energy into x-rays within the X-ray tube. X-ray generators are widely used for to treat and diagnose various cardiac problems such as coronary artery disease, cardiomyopathies, and others. Across the globe, the number of individuals suffering from cardiovascular disorders is on the rise. For example, according to the World Health Organization (WHO), cardiovascular is the number one cause of death globally compared to any other disease condition. The organization estimated that in 2015, around 17.7 million people die due to cardiac disorders, representing more than 31% of the global death. This factor would, in turn, provide a healthy platform for this market. Additionally, tie-ups between research institutes and government bodies, and the presence of numerous manufacturers are considered to be a high rendering factor of this industry. However, strict regulations coupled with high cost of some devices hamper the industry growth to some extent.
Types Takeaway
In terms of types, the global industry is categorized as stationary and portable. Among which, the stationary segment is accounted for the highest share (more than 72%) of the total market. These products are highly stable, durable and relatively less expensive thus increasingly used for diagnostic purposes in long-term treatment such as radiographic inspection operations. Whereas, portable devices are anticipated to grow with the highest growth rate (over 7%) owing to the growing demand for such products coupled with the advancement in technologies. Mammography, Cardiovascular, Respiratory, Orthopedics, and others are categorized under application segment. Of which, cardiovascular application recorded the highest revenue, USD 336.8 million in 2017 and is likely to dominate the total market over the forecast period. On contrary, mammography application is likely to grow with the fastest growth rate owing to the availability of a large number of innovative medical x-ray generators which can be used in mammographic applications.
Global Medical X-ray Generator Market by Type, 2017 vs 2025
Regional Takeaway
Regionally, North America accounted for USD 565.1 million revenue and is anticipated to dominate the overall industry during the future period. Growing number of government and non-government organization working towards to promote the awareness regarding the use of these products support the regional growth. For example, International Trade Administration’s (ITA) Global Health Team, intending to expand market access as well as propelling exports in the U.S. Asia Pacific region is anticipated to grow with the highest CAGR over the forecast period. Increasing number of investment by key players coupled with favorable government initiatives drive the market demand in this region.
Key Vendor Takeaway
Companies namely DRGEM Corporation, Spellman HV Electronics, ECORAY, Nanning Yiju Medical Electronics, and EMD Technologies are profiled in detailed. Spellman HV Electronics has captured significant revenue share in 2017 owing to its innovative product offering coupled with strong marketing strategies. For instance, in June 2015, Spellman launched a new Z series of radiography generators. The product was launched at a relatively lower cost and to cater to radiography and veterinary imaging segments. During the same year, the company announced the expansion of their product portfolio of XRB monoblock X-ray sources with the introduction of XRBC Monoblock series. Such introductions have helped this company to record high revenue under this market segment.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPE
- Stationary
- Portable
MARKET, BY APPLICATION
- Mammography
- Cardiovascular
- Respiratory
- Orthopedics
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. MEDICAL X-RAY GENERATOR MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. MEDICAL X-RAY GENERATOR KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MEDICAL X-RAY GENERATOR INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. MEDICAL X-RAY GENERATOR MARKET LANDSCAPE
5.1. Market Share Analysis
6. MEDICAL X-RAY GENERATOR MARKET – BY TYPE
6.1. Overview
6.2. Stationary
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Portable
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. MEDICAL X-RAY GENERATOR MARKET – BY APPLICATION
7.1. Overview
7.2. Mammography
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Cardiovascular
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Respiratory
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Orthopedics
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. MEDICAL X-RAY GENERATOR MARKET– BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.3. U.S.
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.4. Canada
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.3. France
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.4. Germany
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.5. Rest of Europe
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.3. China
8.4.3.1. Overview
8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.4. India
8.4.4.1. Overview
8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.5. Rest of APAC
8.4.5.1. Overview
8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.3. Latin America
8.5.3.1. Overview
8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.4. Middle East and Africa
8.5.4.1. Overview
8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. DRGEM Corporation
9.1.1. Company Overview
9.1.2. SWOT Analysis
9.1.3. Key Developments
9.2. Spellman HV Electronics
9.2.1. Company Overview
9.2.2. SWOT Analysis
9.2.3. Key Developments
9.3. ECORAY
9.3.1. Company Overview
9.3.2. SWOT Analysis
9.3.3. Key Developments
9.4. Nanning Yiju Medical Electronics
9.4.1. Company Overview
9.4.2. SWOT Analysis
9.4.3. Key Developments
9.5. EMD Technologies
9.5.1. Company Overview
9.5.2. SWOT Analysis
9.5.3. Key Developments
*Client can request additional company profiling as per specific requirements
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. Abbreviations
11.3. Disclaimer
11.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Medical X-ray Generator Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 Medical X-ray Generator Market, by Type, 2014 – 2025 (USD Million)
Table 11 Medical X-ray Generator Market, by Application, 2014 – 2025 (USD Million)
Table 12 Medical X-ray Generator Market, by Geography, 2014 – 2025 (USD Million)
Table 13 North America Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 14 U.S. Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 15 Canada Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 16 Europe Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 17 France Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 18 Germany Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 19 Asia Pacific Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 20 China Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 21 India Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 22 Latin America Medical X-ray Generator Market, 2014 – 2025 (USD Million)
Table 23 MEA Medical X-ray Generator Market, 2014 – 2025 (USD Million)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Medical X-ray Generator Market, by Type, 2014 – 2025 (USD Million)
Figure 6 Medical X-ray Generator Market, by Application, 2014 – 2025 (USD Million)
Figure 7 Medical X-ray Generator Market, by Geography, 2014 – 2025 (USD Million)
