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The usage of X-ray films is decreasing in the healthcare segment; however, industrial segments are increasing the usage of X-ray films. X-ray films with less processing times are launched in the market. Major vendors like Agfa Healthcare, Carestream, and Fujifilm have most of the market share in x-ray films. Many vendors from the market are shifting towards digital platforms from conventional X-ray films. The digitalization in healthcare has made many diagnostic procedures possible, this has left X-ray films behind as there was not much innovation in the products.
MARKET DEFINITION
X-ray film displays a radiographic image. This film consists of an emulsion coated on both sides containing silver halide crystals sensitive to gamma rays, X-rays, and others. X-ray films are used in medical and non-medical segments as per the requirements in medical to scan the body and in non-medical to check the defects in design and damages.KEY HIGHLIGHTS:
- In 2021, around 2.5 billion X-ray procedures were conducted worldwide, and IT is increasing. This will increase the demand for X-ray films. The US is one of the major contributors to the global market.
- Industrial X-ray films are largely used and are one of the oldest methods to find product defects. This procedure will drive the market at reasonable rates.
- In the medical segment, hospitals are one of the largest users of medical X-ray films. Dental hospitals are also one of the significant contributors to the X-ray films market.
- Oil & gas industry of X-ray films in detecting leaks in welds and pipelines and inspecting for corrosion. Similarly, Security screening, non-destructive testing, and quality control are the applications used by the aerospace & defense segment. These industrial applications are increasing the demand for X-ray films.
- Urgent care centres, and emergency units have shifted to digital X-rays, which are compatible with smart devices and can be shared easily. Advanced digital X-rays have very less processing time. This shift is one of the limitations of the X-ray film market.
- The Non-screen X-ray films dominate the product segment and are widely used across various industries, from medical to various industries. This segment is expected to grow at an incremental rate of 58.94%.
Key Vendors:
- Agfa
- Fujifilm
- Carestream
- Sony
Other Vendors
- Codonics
- Colenta
- Flow Dental
- FomaBohemia
- KONICA MINTOLTA
SEGMENTATION & FORECAST
Application
- Medical
- Industrial
End-user
- Hospitals
- Diagnostic Imaging Centers
- Standalone Urgent/Emergency Centres
- Others
Product Type
- Non-Screen X-ray Films
- Screen X-ray Films
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape
- Key Vendors
- Other Prominent Vendors
- Strategic Recommendations
- Quantitative Summary
- Abbreviations
APPENDIX
- Research Methodology
- Abbreviations
Table of Contents
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 67 |
| Published | August 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 640.72 Million |
| Forecasted Market Value ( USD | $ 727 Million |
| Compound Annual Growth Rate | 2.1% |
| Regions Covered | United States |
| No. of Companies Mentioned | 9 |
