Global X-Ray Market Expected To Witness A Sustainable Gain Over 2025
X-ray system is a medical imaging tool, which is used to view, monitor and diagnose bone
fractures, cancer, abdominal pain, joint injuries, and infections and thus has wide applications in the
healthcare industry. Considering its wide areas of application, the X-ray market is expected to gain
significant traction in the near future. X-ray technology used for diagnosis include X-ray
radiography, mammography, computed tomography (CT), and fluoroscopy. X-ray radiography
detects bone fractures, dental problems, certain tumors, and other abnormal masses. Digital films
are convenient and form electronic images that can be viewed faster than conventional medical X-
ray films, which require processing and occupy ample of space in hospitals. The X-ray technology
is also used for therapeutic applications. For example, Radiation therapy is used in cancer treatment.
In radiation therapy, the X-rays and other types of high energy is used to destroy the cancerous
tumors by damaging the genetic makeup i.e. DNA. The radiation dose used in such treatments is
much higher as compared to that used in diagnostic treatment. However, X-rays are not safe, as they
causes harmful side effects such as cell mutations, which might lead to cancer. This poses as a
major restraint for growth of the X-ray market.
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Market Dynamics
Increasing incidence of fractures and orthopedic disorders are expected to boost growth of the X-ray
market. According to the International Osteoporosis Foundation, osteoporosis causes over 8.9
million fractures, annually, worldwide. Increasing in incidence of cancer is also expected to
contribute to growth of the market. According to National Cancer Institute, in 2016, around
1,685,210 new cases of cancer are projected to be diagnosed in the U.S. Moreover, companies are
developing advanced technologies to improve imaging quality and reduce dose intake, in turn
creating a conducive environment for growth of the X-ray market. For instance, in 2015,
Carestream Health launched DRX-Evolution Plus. The new device offers great flexibility in high-
ceiling rooms via an extended tube column as well as enhanced workflow and improved
visualization. In January 2017, GE Healthcare launched new Senographe Pristina mammography
system in the U.S. The device is designed in a way to make breast screening more comfortable.