VALLEY COTTAGE, New York, March 20, 2017 /PRNewswire/ -- Future Market Insights, in its latest research, delivers key insights on the factors impacting the global digital mobile X-ray device market. According to the report, demand for digital mobile X-ray devices will continue to be fuelled by applications in orthopaedic- and chest-imaging. These two end-use applications accounted for 60% revenue share of the market in 2016.
Key Driving Factors
Increasing emphasis on diagnostic imaging services by various government bodies.
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Increasing geriatric population - according to WHO, global geriatric population will reach 2 billion by 2050
Rising incidences of orthopaedic diseases and bone injuries - WHO estimates global prevalence of arthritis to between 0.3% and 1%
Contractual agreements and acquisitions by manufacturers
Increasing adoption of 3D medical imaging equipment, especially in the field of orthopaedics
Increase in the number of free standing imaging centers
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Key Restraints
High cost of clinical trials and stringent regulations have remained longstanding challenges for manufacturers
Lack of inadequate imaging infrastructure in developing countries. High cost associated with initial set up and installation has been identified as a major restraint
Increasing pressure on the healthcare budget in the U.S. and rising awareness among patients about the potential health impact of radiation
By product type, mobile devices will continue to outsell handheld devices. In 2016, of the US$ 7.67 Bn worth of digital X-ray devices sold, 91.5% were mobile devices. However, owing to their small base size, demand for handheld digital mobile X-ray devices will grow at a higher CAGR than mobile devices.
Hospitals and radiology centers will continue to be the leading end-users of digital mobile X-ray devices globally. These two end-users collectively accounted for nearly 70% revenue share of the market in 2016. According to Future Market Insights' research, these two end-use sectors will continue to account for the bulk of demand for digital mobile X-ray markets during the forecast period.
Preview Analysis on Global Digital Mobile X-Ray Devices Market Segmentation By Product - Mobile X-Ray, Hand-Held X-Ray Device; By Technology - Computed Radiography, Direct Radiography; By Application - Orthopaedic Imaging, Chest Imaging, Dental Imaging and Others; By End-User - Hospital, Radiology Centres, Outpatient Clinics and Other End Users: http://www.futuremarketinsights.com/reports/digital-mobile-x-ray-market
