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Global X-ray Machine Manufacturing Market to Reach US$ 19.92 Billion by 2027, Catalyzed by Surging Incidences of Chronic Medical Ailments

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

X-ray Machine Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global X-ray machine manufacturing market reached a value of US$ 14.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19.92 Billion by 2027 exhibiting a growth rate (CAGR) of 5.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

X-ray refers to an imaging test that can detect bone deformities and eliminate cancerous cells in radiation therapy by generating images of structures and tissues in the body. X-ray machines are made from two main components, which include an image detection system and X-ray generator. Amongst these, an X-ray generator is made from a tube, high voltage generator, control console, and cooling system. The manufacturing of these machines involves the use several high-precision components, such as rotors and anode cans. Producers mainly use the deep drawing process, which begins by pressing of a standard metal sheet into a cup of die with a high-pressure pressing machine. Other than the healthcare industry, x-ray machines are largely used in security applications across airports, financial institutes, and train stations.

 

 
 

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X-Ray Machine Manufacturing Market Trends:

The increasing prevalence of respiratory, genitourinary, cardiovascular, and gastrointestinal disorders, particularly amongst the aging population, is primarily driving the growth of the global x-ray machine manufacturing market. Additionally, there has been a rise in investments in the research and development (R&D) of advanced diagnostic machines, which is contributing to the market growth. For instance, market players are producing 3-D color x-ray to generate cleaner and more accurate images for improved diagnosis. Other than this, a significant rise in security concerns due to threats and illegal activities, such as drug trafficking and illegal shipping of arms, is further fuelling the growth of the market. Moreover, since the onset of the coronavirus disease (COVID-19) outbreak, governments of various nations have been undertaking several initiatives to improve the healthcare infrastructure. This, in turn, is creating a positive outlook for the x-ray machine manufacturing market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global X-ray machine manufacturing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, technology and end user.

Breakup by Product Type:

  • Stationary
  • Portable
     

Breakup by Technology:

 

 
 

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  • Analog
  • Digital
     

Breakup by End User:

  • Healthcare
  • Transportation and Logistics
  • Government
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allengers Group, Canon Inc., Carestream Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hindrays, Hitachi Ltd., Narang Medical Limited, Shimadzu Corporation, Siemens AG and Vision Medicaid Equipments Private Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered  Allengers Group, Canon Inc., Carestream Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hindrays, Hitachi Ltd., Narang Medical Limited, Shimadzu Corporation, Siemens AG and Vision Medicaid Equipments Private Limited.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global X-ray Machine Manufacturing Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Stationary
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Portable
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Technology
    7.1    Analog
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Digital
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    Healthcare
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Transportation and Logistics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Government
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Allengers Group
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Canon Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Carestream Health
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 SWOT Analysis
        14.3.4    Esaote SpA
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Fujifilm Holdings Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    General Electric Company
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Hindrays
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Hitachi Ltd.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Narang Medical Limited
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Shimadzu Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Siemens AG
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Vision Medicaid Equipments Private Limited
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: X-ray Machine Manufacturing Market: Major Drivers and Challenges
Figure 2: Global: X-ray Machine Manufacturing Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: X-ray Machine Manufacturing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: X-ray Machine Manufacturing Market: Breakup by Product Type (in %), 2021
Figure 5: Global: X-ray Machine Manufacturing Market: Breakup by Technology (in %), 2021
Figure 6: Global: X-ray Machine Manufacturing Market: Breakup by End User (in %), 2021
Figure 7: Global: X-ray Machine Manufacturing Market: Breakup by Region (in %), 2021
Figure 8: Global: X-ray Machine Manufacturing (Stationary) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: X-ray Machine Manufacturing (Stationary) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: X-ray Machine Manufacturing (Portable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: X-ray Machine Manufacturing (Portable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: X-ray Machine Manufacturing (Analog) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: X-ray Machine Manufacturing (Analog) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: X-ray Machine Manufacturing (Digital) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: X-ray Machine Manufacturing (Digital) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: X-ray Machine Manufacturing (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: X-ray Machine Manufacturing (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: X-ray Machine Manufacturing (Transportation and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: X-ray Machine Manufacturing (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: X-ray Machine Manufacturing (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: X-ray Machine Manufacturing (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: X-ray Machine Manufacturing (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: X-ray Machine Manufacturing (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: X-ray Machine Manufacturing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: X-ray Machine Manufacturing Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: X-ray Machine Manufacturing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: X-ray Machine Manufacturing Industry: SWOT Analysis
Figure 74: Global: X-ray Machine Manufacturing Industry: Value Chain Analysis
Figure 75: Global: X-ray Machine Manufacturing Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: X-ray Machine Manufacturing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: X-ray Machine Manufacturing Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: X-ray Machine Manufacturing Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: X-ray Machine Manufacturing Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: X-ray Machine Manufacturing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: X-ray Machine Manufacturing Market: Competitive Structure
Table 7: Global: X-ray Machine Manufacturing Market: Key Players


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Key Questions Answered in This Report

The global X-ray machine manufacturing market was valued at US$ 14.2 Billion in 2021.

We expect the global X-ray machine manufacturing market to exhibit a CAGR of 5.30% during 2022-2027.

The high prevalence of various orthopedic ailments, along with the advent of 3-D color x-ray to generate more accurate images for improved diagnosis, is primarily driving the global X-ray machine manufacturing market.

The sudden outbreak of the COVID-19 pandemic had led to a severe decline in hospital or clinic visits for mitigating the risk of the coronavirus infection, thereby limiting the demand for X-ray machines.

Based on the product type, the global X-ray machine manufacturing market can be segmented into stationary and portable, where stationary X-ray machine currently holds the majority of the total market share.

Based on the technology, the global X-ray machine manufacturing market has been divided into analog and digital. Currently, digital technology exhibits a clear dominance in the market.

Based on the end user, the global X-ray machine manufacturing market can be categorized into healthcare, transportation and logistics, government, and others. Among these, the healthcare sector accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global X-ray machine manufacturing market include Allengers Group, Canon Inc., Carestream Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hindrays, Hitachi Ltd., Narang Medical Limited, Shimadzu Corporation, Siemens AG, and Vision Medicaid Equipments Private Limited.

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