A new Transparency Market Research report states that in terms of volume, the china and europe x-ray devices market for stood at 494.2 thousand units in 2011 and is predicted to reach 700.5 thousand units in 2018. It is expected to rise at a 5.20% CAGR from 2012 to 2018. The title of the report is “X-Ray Devices Market - U.S., China and Europe Market Penetration, Buying Preferences and Healthcare Institution Usage Rate Analysis, Size, Share, Growth and Forecast, 2012 - 2018”.
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The increasing rate of adoption of picture archiving and communication system (PACS) in Europe and the U.S. and the implementation of healthcare reforms is supporting the utilization of digital x-ray systems. The improvement brought about in the infrastructure of public and government hospitals due to the twelfth 5-year plan is a key driver fuelling the market for x-ray devices in China. On the other hand, the x-ray devices market in the U.S. is predicted to expand at a slow rate in the forecast horizon due to the Affordable Care Act 2010 being implemented.
On the basis of product, the x-ray devices market is segmented into mobile x-ray devices, general/stationary x-ray devices, and c-arm devices. Amongst these, general/stationary x-ray devices held the biggest share of 78.9% in the market in 2011. However, mobile x-ray devices will be highly purchased in the forecast horizon due to factors such as their portability, allowing them to be carried across different departments, increasing demand for bedside imaging and point of care diagnostics, and reduced risks of radiation from these devices.
On the basis of healthcare institution type, the x-ray devices market in both the U.S. and Europe is segmented into private for-profit hospitals, private not-for-profit hospitals, health screening centers and clinics, public/government hospitals, and others including prison hospitals, college infirmaries, non-federal psychiatric facilities, non-federal long-term care facilities.
On the basis of healthcare institution type, the x-ray devices market in China is segmented into private for-profit hospitals, private not-for-profit hospitals, public/government hospitals, and health screening centers including health monitoring institutions, epidemic disease prevention centers, community health centers, and community health service centers, and clinics such as village clinics and town clinics. Public/government hospitals within the China region are predicted to excel in the market during the forecast horizon.
On the basis of department, the x-ray devices market in China, the U.S., and Europe is segmented into the thoracic department, the emergency response department, the neuro and spine department, the dental department, the orthopedics department, ICU, and the abdominal department.
As per the report, the prime players operating in the market include Siemens Healthcare, GE Healthcare, Philips Healthcare, Hitachi Medical Systems, Toshiba Medical Systems, Shimadzu Corporation, and Varian Medical Systems, among others.
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