Computed Radiography Segment has the Largest Share of Technology in the Europe Hospital Mobile X-ray Market during 2020-2027
According to this research study titled “Europe Hospital Mobile X-ray Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Technology, Configuration, and Ward,” the market is expected to reach US$ 840.4 million by 2027 from US$ 396.0 million in 2019. The market is estimated to grow at a CAGR of 9.9% from 2020 to 2027. The report provides trends prevailing in the Europe Hospital mobile x-ray market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increasing awareness about early diagnosis and increasing prevalence of chronic conditions and better patient experience are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the poor reimbursement for diagnostic equipment.
Diagnostic imaging industry is witnessing a new concept of disease tracking along with negative consequences of COVID-19. Also, some of the countries have almost stopped screening & diagnostics, while other hospitals in the region are prioritizing treatments for the patient who require urgent immediate care. Social distancing measures are implemented, leading to reduction in workforce in diagnostic imaging settings which are impacting on the screening tests. Companies which are engaged in adoption of new and intelligent technologies are focusing on utilization of artificial intelligence to track and diagnose COVID-19 patient. For instance, in 2020, behold.ai, a London-based company entered into diagnosis of COVID-19 with its Red Dot algorithm which is incorporated in chest x-rays. Such strategic moves by the company are projected to reshape the radiology industry during the forecast period.
The market for hospital mobile x-ray market is segmented into technology, configuration, and ward. Based on technology, the hospital mobile X-ray market is segmented into computed radiography and direct radiography. In 2019, the computed radiography systems segment accounted for the highest share of the market. Growth of this segment is attributed to increasing adoption rate of these advanced devices for medical examinations and rising number of advanced diagnostic imaging facilities. However, direct radiography segment is anticipated to register higher CAGR by 2027.
Agfa-Gevaert Group, SEDECAL, IDETEC MEDICAL IMAGING, Koninklijke Philips N.V., DMS Imaging, Carestream Health Inc., INTERMEDICAL S.r.l., SternMed GmbH, IMD Group, DELFT IMAGING, and OR Technology are among the leading companies in the Europe hospital mobile x-ray market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in April 2020, Carestream Health Inc. had increased its production of mobile imaging systems during the COVID19 pandemic to complete mobile X-ray systems' increasing dement.
The report segments the Europe Hospital Mobile X-ray market as follows:
By Technology
By Configuration
By Ward
By Country
According to this research study titled “Europe Hospital Mobile X-ray Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Technology, Configuration, and Ward,” the market is expected to reach US$ 840.4 million by 2027 from US$ 396.0 million in 2019. The market is estimated to grow at a CAGR of 9.9% from 2020 to 2027. The report provides trends prevailing in the Europe Hospital mobile x-ray market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increasing awareness about early diagnosis and increasing prevalence of chronic conditions and better patient experience are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the poor reimbursement for diagnostic equipment.
Diagnostic imaging industry is witnessing a new concept of disease tracking along with negative consequences of COVID-19. Also, some of the countries have almost stopped screening & diagnostics, while other hospitals in the region are prioritizing treatments for the patient who require urgent immediate care. Social distancing measures are implemented, leading to reduction in workforce in diagnostic imaging settings which are impacting on the screening tests. Companies which are engaged in adoption of new and intelligent technologies are focusing on utilization of artificial intelligence to track and diagnose COVID-19 patient. For instance, in 2020, behold.ai, a London-based company entered into diagnosis of COVID-19 with its Red Dot algorithm which is incorporated in chest x-rays. Such strategic moves by the company are projected to reshape the radiology industry during the forecast period.
The market for hospital mobile x-ray market is segmented into technology, configuration, and ward. Based on technology, the hospital mobile X-ray market is segmented into computed radiography and direct radiography. In 2019, the computed radiography systems segment accounted for the highest share of the market. Growth of this segment is attributed to increasing adoption rate of these advanced devices for medical examinations and rising number of advanced diagnostic imaging facilities. However, direct radiography segment is anticipated to register higher CAGR by 2027.
Agfa-Gevaert Group, SEDECAL, IDETEC MEDICAL IMAGING, Koninklijke Philips N.V., DMS Imaging, Carestream Health Inc., INTERMEDICAL S.r.l., SternMed GmbH, IMD Group, DELFT IMAGING, and OR Technology are among the leading companies in the Europe hospital mobile x-ray market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in April 2020, Carestream Health Inc. had increased its production of mobile imaging systems during the COVID19 pandemic to complete mobile X-ray systems' increasing dement.
The report segments the Europe Hospital Mobile X-ray market as follows:
By Technology
- Computed Radiography
- Direct Radiography
By Configuration
- Fixed Arm
- Rotating Arm
By Ward
- Operating Theatres
- Emergency Departments
- ICU and Neonatal ICU (Intensive Care Units)
- Central X-Ray Departments
- Premature Birth Wards
- Others
By Country
- Europe - Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Hospital Mobile X-ray Market - Market Landscape
5. Europe Hospital Mobile X-ray Market - Key Market Dynamics
6. Hospital Mobile X-ray Market - Europe Analysis
7. Europe Hospital Mobile X-ray Market Analysis and Forecasts To 2027 - By Technology
8. Europe Hospital Mobile X-ray Market Analysis and Forecasts To 2027 - By Configuration
9. Europe Hospital Mobile X-ray Market Analysis and Forecasts to 2027- By Ward
10. Hospital Mobile X-ray Market Revenue and Forecasts to 2027 - Geographical Analysis
11. Impact Of COVID-19 Pandemic on Europe Hospital Mobile X-ray Market
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agfa-Gevaert Group
- SEDECAL
- IDETEC MEDICAL IMAGING
- Koninklijke Philips N.V.
- DMS Imaging
- Carestream Health Inc.
- INTERMEDICAL S.r.l. IMD Group
- DELFT IMAGING
- OR Technology
- SternMed GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 131 |
Published | May 2021 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 396 Million |
Forecasted Market Value ( USD | $ 840.4 Million |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Europe |