These devices provide flexibility and overcome transportation challenges associated with conventional fixed X-ray systems. Portable X-ray devices help obtain rapid diagnoses and speed up treatment processes.
The global Portable X-ray Devices Market is estimated to be valued at US$ 8843.72 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The demand for portable X-ray devices is rising significantly owing to the growing need for point-of-care (POC) diagnostics across various healthcare settings. POC diagnostics allow for quick diagnosis and treatment without transporting patients, which is crucial in emergency cases and for home healthcare. Portable X-ray devices are well-suited for POC applications as they can be easily moved to the patient's location. The increasing focus on decentralized healthcare and remote patient monitoring is propelling the adoption of portable X-ray devices for use outside conventional radiology departments.
Segment Analysis
Global portable X-ray devices market size is segmented into mobile X-Ray devices, handheld X-Ray devices. The mobile X-Ray devices dominate the market with over 65% share as they provide full functionality of stationary X-Ray devices and can be easily moved from one place to another within the hospital premises. The handheld X-Ray devices segment is witnessing high growth due to increasing demand for point-of-care diagnostic solutions.
Key Takeaways
The global Portable X-Ray Devices market is expected to witness high growth over the forecast period. The global Portable X-ray Devices Market is estimated to be valued at US$ 8843.72 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031.
Regional analysis shows that North America dominates the market currently owing to the advanced healthcare infrastructure and increasing healthcare spending in the region. Europe is the second largest market and is expected to grow at a rapid pace during the forecast period. Factors such as rising geriatric population, increasing incidence of chronic diseases, and government initiatives for expanding healthcare access will support the market growth in the region.
Key players operating in the Portable X-Ray Devices market are Awarepoint Corporation (CenTrak), Allscripts Healthcare Solutions, Inc., Care Logistics, LLC, McKesson Corporation, Central Logic, STANLEY Healthcare, Sonitor Technologies, Inc., TeleTracking Technologies, Inc., Cerner Corporation, and Epic Systems Corporation. Awarepoint Corporation (CenTrak) and Allscripts Healthcare Solutions Inc. dominate the market with their wide distribution network and innovative product portfolio.
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