Global X-Ray Equipment Market 2022 – Industry Analysis, Market Size, Competitive Trends: Credence Research

The latest market report published by Credence Research, Inc. “Global X-ray Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the x-ray equipment market was valued at USD 8,495.9 Mn in 2015, and is expected to reach USD 11,752.2 Mn by 2022, expanding at a CAGR of 4.71% from 2016 to 2022.

Browse the full report X-ray Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/x-ray-equipment-market

Market Insights

The electromagnetic ionizing radiation that possesses diversified applications in several industries is known as X-ray. In healthcare industry, X-ray devices account for the largest share of the diagnostic imaging market due to key market driving factors such as aging population, technological and infrastructural developments, rising prevalence of lifestyle diseases. It was also observed that the demand for portable and mobile X-ray equipments along with other diagnostic imaging devices has increased immensely in the last few years and is expected to show significant growth due to its convenience in use. The market experts suggest that, the opportunities observed in x-ray market are need of improved diagnosis for aging population, and rising public awareness associated with early disease diagnosis. However, a few market challenges such as achieving competitive advantage in such a mature market are difficult for new market players and high costs of advanced devices could result in lower adoption rates. Moreover, existence of large population with unmet needs in most of the emerging economies of the world would continue to provide future opportunities for the growth of the market during the forecast period 2016 – 2022.

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Market Competition Assessment:

The key market leaders in x-ray equipment market are GE...