Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | X-Ray Systems - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017The Global X-Ray Systems Market is Forecast to Reach $4.8 billion in 2017, Growing at a CAGR of 4% between 2010 and 2017
By: Rajesh Gunnam 2017. The growth will be driven by a higher demand for X-Ray imaging due to the elderly population, an increase in public-private partnerships and investment in healthcare infrastructure in emerging countries. The market grew due to higher sales of the digital X-Ray systems. The increase in demand for X-Ray imaging procedures due to the aging population and rise in publicprivate partnerships are expected to drive demand for X-Ray systems. In the US, the biggest market for X-Ray Systems, the number of outpatient X-Ray imaging scans was 178 million in 2007. This number is expected to reach 181 million by 2012. The elderly population is at a greater risk of fractures, osteoporosis and other chronic diseases, which increases their chance of undergoing X-Rays for diagnosis and follow-up treatment. Over the past few years, there has been a significant increase in partnerships between the governments of emerging countries such as China, India and Brazil and manufacturers of diagnostic imaging equipment. Public-private partnerships allow companies to penetrate the untapped rural market in these countries. Such partnerships help companies to enter new markets, gain resources for setting up plants, and understand the feasibility of projects. This has led to an increase in the sales of diagnostic imaging equipment such as X-Ray systems. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ The launch of low cost digital X-Ray systems and customized solutions that meet the needs of cost conscious hospitals will encourage growth in the market. The manufacturing of imaging systems in China, India and Brazil, often referred to as “low cost countries”, will not only reduce costs, but will also help to develop products tailored to regional requirements. This is demonstrated by the launch of new products and approaches adopted by major players. For example, GE Healthcare launched the Tejas DR-F system in India in 2009, a digital flat panel-based X-Ray system, manufactured in India, in the economy segment. According to GE Healthcare, this system will cost 40% less than imported digital flat panel-based X-Ray systems. The company also established a manufacturing plant in Brazil in 2010 to meet such needs. The US X-Ray systems market was valued at $782.4m in 2010, and is expected to grow at a CAGR of 4% over the period 2010-2017 to reach $1 billion by 2017. The CR systems market was valued at $407m in 2010, and is expected to grow at a CAGR of 2% over the period 2010-2017 to reach $472.9m by 2017. The DR systems market was valued at $341.3m in 2010 and is expected to grow at a CAGR of 6% to reach $511.9m by 2017. The analog X-Ray systems market was valued at $34.1m in 2010 and is expected to decline at a CAGR of −7% to reach $19.9m by 2017. The US X-Ray systems market will grow due to the increasing preference for digital radiography (DR) systems by US hospitals and an increase in the elderly population in the country. GlobalData’s new report, “X-Ray Systems - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global X-Ray systems market. The report provides market landscape, competitive landscape and market trends information on the X-Ray systems market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market’s dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts. For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number