MEDICAL X-RAY FILM SCANNER MARKET REPORT OVERVIEW
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The global medical x-ray film scanner market size was USD 113.1 million in 2021 and is projected to touch USD 219.5 million by 2031, exhibiting a CAGR of 6.8% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering; with the medical x-ray film scanner market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.
An x-ray film scan, commonly known as radiography, is a diagnostic imaging procedure that generates images of bones and provides precise information about the bony structure. An x-ray machine sends a beam of x-rays through the body to create an image. Due to the amount of calcium in bones, the beam can only pass through soft tissue. A picture of the bones is created by the interaction between the beam and the film after it goes through. The radiation that was absorbed by the tissues instead of flowing through to the film is shown on an x-ray image by darker and lighter areas.
A diagnostic x-ray can be used to find malignancies, fractures, and structural instability or misalignment. Nerve roots and discs, which are less thick, are not captured by a medical x-ray film scanner.
COVID-19 Impact: Increase in Demand for Medical Products due to the Spread of the Virus
The COVID-19 pandemic hit major businesses around the world. Although the medical sector did not see such dips in their daily functioning, if anything they saw a sharp increase in the demand for the medications, equipment and other such products required by the health professionals to treat their patients efficiently and effectively thus using equipment such as the medical x-ray film scanner aided the professionals to know exactly where the problems lie within the patient and take immediate steps to provide their quick relief. The pandemic strengthened the performance of the health industry as a whole and not just certain parts or sectors.
LATEST TRENDS
"Use of Latest X-ray Imaging provides 100 times Higher Pictures that a Typical CT Scan"
Using an innovative new imaging method that produces X-rays from a state-of-the-art particle accelerator, complete organs can now be seen in unparalleled 3D detail. Researchers used the technology to examine the lung of a COVID-19 patient who had passed away, providing new insights into how the illness affects blood oxygenation. The newest imaging method, known as Hierarchical phase-Contrast Tomography (HiP-CT), uses X-rays to picture complete organs with a resolution of 1 micron, which is 100 times higher than that of a typical CT scan.
MEDICAL X-RAY FILM SCANNER MARKET SEGMENTATION
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By Type
Based on type, the market is distributed into Stationary Type and Portable Type
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By Application
Based on application, the market is divided into Dental Department, Radiology Department, Mammary Department and Others
DRIVING FACTORS
"X-ray Equipment utilized to Detect Internal Health Related Problems "
In the identification and treatment of cancer, neurological issues, chronic illnesses, heart ailments, and bone-related issues, x-ray techniques have been used. Consequently, medical professionals are using medical x-ray film scanner to discover all these health-related difficulties. In addition, the market for medical x-ray film scanner has been greatly aided by the expanding number of diagnostic imaging operations and significant healthcare expenditures around the world.
"Large Customer Base and Various Advantages of the X-ray Machines to drive Market Growth"
The aging population, a high need for medical care, and large customer bases in China and India have all contributed to the expansion of this market. However, due to the numerous advantages that digital x-ray machines offer, it is anticipated that during the projected period, new hospitals and medical facilities would prefer their adoption. Thus, these factors aid in expanding the medical x-ray film scanner market growth during the projected period.
RESTRAINING FACTOR
"Digital Flat-Panel Detector Technology Replaces Medical X-ray Film Scanner as it is more Effective "
Digital flat-panel detector technology (FDP), which has been shown to be more effective and efficient than film in radiography, is replacing film in the medical field in a significant way. Recent developments demonstrate that digital radiography is more effective in terms of image quality than conventional systems. This eliminates the need for medical x-ray film scanner, chemicals, and darkroom setup, which improves workflow overall.
MEDICAL X-RAY FILM SCANNER MARKET REGIONAL INSIGHTS
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"Expanding Patient base and Slower Adoption of Digital Radiography to Foster Growth in Asia Pacific "
Asia Pacific continues to rely heavily on conventional x-ray techniques. The use of x-rays is increasing as a result of the area's growing population and the number of patients with conditions that require the use of CT to diagnose or treat them. Medical imaging is in high demand as a result of this expanding patient base. Hospitals are essential to medical diagnosis in this area. The national bureau of statistics of China announced that the number of hospitals in the nation has increased since the last time it was recorded, from around 23000 hospitals to 29000 hospitals. In addition, compared to other regions, the region is moving slowly toward digital radiography. This is because internal body part illnesses and diseases are diagnosed by using x-ray radiography. This area is anticipated to experience the quickest CAGR during the projection period for the medical x-ray film scanner market share due to the slower adoption of digital radiography.
KEY INDUSTRY PLAYERS
"Organic and Inorganic Growth Techniques to stay Afloat in the Market"
Many businesses are putting an emphasis on organic growth techniques including product launches, product approvals, and other things like patents and events. Partnerships, collaboration, and acquisitions are examples of inorganic growth techniques used in the market. These actions have made it possible for market participants to grow their consumer bases and operations. Future expansion potential for the medical x-ray film scanner industry will be attractive due to the increasing demand for medical equipment.
List of Market Players Profiled
- VIDAR Systems Corporation (3D Systems) (U.S.)
- Dentsply Sirona (U.S.)
- Shanghai Microtek Technology (China)
- Angell Technology (China)
- Poseidon (Greece)
- iCRco, Inc. (U.S.)
- Radlink (U.S.)
- JPI Healthcare Solutions (U.S.)
- Trivitron Healthcare (India)
REPORT COVERAGE
This report covers the medical x-ray film scanner market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 113.1 Million in 2021 |
Market Size Value By |
US$ 219.5 Million by 2031 |
Growth Rate |
CAGR of 6.8% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the medical x-ray film scanner market expected to touch by 2031?
The medical x-ray film scanner market is expected to reach USD 219.5 million by 2031.
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What CAGR is the medical x-ray film scanner market expected to exhibit by 2031?
The medical x-ray film scanner market is expected to exhibit a CAGR of 6.8% by 2031.
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Which are the driving factors of the medical x-ray film scanner market?
X-ray equipment are utilized to detect internal health related problems as well as aiding in diagnostic imaging operations and the large customer base and various advantages of the x-ray machines to drive this market during the forecast period these are the driving factors of the medical x-ray film scanner market.
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Which are the top companies operating in the medical x-ray film scanner market?
VIDAR Systems Corporation (3D Systems), Dentsply Sirona, Shanghai Microtek Technology, Angell Technology, Poseidon, iCRco, Inc, Radlink, JPI Healthcare Solutions and Trivitron Healthcare are the top companies operating in the medical x-ray film scanner market.