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X-Ray Generator Market by Type (Stationary Generators and Portable Generators), Application (Cardiovascular, Respiratory, Mammography, Orthopedics, and Dental), and End User (Medical and Industrial): Global Opportunity Analysis and Industry Forecast, 2021–2027

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Jan 2021 | 126 Views
 
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COVID-19

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An X-ray generator is an X-ray generating unit. An X-ray generator is a device used to manufacture high voltage between the anode and the cathode to be applied. Use a transformer to provide the waveform, high voltage can be generated from a low voltage, alternating current (AC) supply (the mains). It is used in a variety of applications in combination with an X-ray detector, such as medicine, electronic assembly inspection, X-ray fluorescence, and material thickness calculation in manufacturing processes. Furthermore, X-ray generators are used by radiographers in clinical applications to achieve x-ray images of organisms' structures, for instance, bones, as well as in sterilization. Additionally, such machines produce better results for patients, including faster diagnosis of diseases, and enhances organizational safety profile. In the years ahead, the above associated advantages are anticipated to accelerate the overall market penetration of these x-ray generators.

The global X-ray generator market is segmented on the basis of Type, Application, End User. Based on Type, the X-ray generator market is divided into Stationary Generators and Portable Generators, and others. On the basis of Application, the market is categorized into Cardiovascular, Respiratory, Mammography, Orthopedics, and Dental, and others. On the basis of End User into Medical and Industrial, Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global X-ray generator industry include North America (Canada, Mexico, U.S.), Europe (France, Germany, UK, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific), LAMEA (Africa, Latin America, Middle East). These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market. 

X-Ray Generator Market COVID-19 scenario Analysis: 

  • A pandemic like Covid-19 can now only drive advanced medical devices and equipment manufacturing to address these crises in the future. The increased generation of healthcare devices may affect the demand for X-Ray Generators. For instance, GE Healthcare recently announced to increase its medical equipment manufacturing capacity, including CTs, ultrasound devices, mobile X-ray systems, patient monitors, and ventilators, to meet the ongoing global challenge of COVID-19 patients' treatments.
  • Many of Philips Electronics Ltd's local service and repair centers are temporarily closed or operating reduced hours due to prevention measures by local governments. Extra hygiene measures are taken by the service centers which operate.
  • Siemens monitors all aspects of the Covid-19 situation on an ongoing basis, evaluates all new developments and takes measures to protect its personnel. It does everything it can keep operations at its production facilities as well as its service to continue to support as far as possible the customers and partners of the company.
  • In addition to COVID-19, Teledyne DALSA has adopted multiple care change requirements, taking recommendations and guidance from state and federal agencies. The company is working to manage manufacturing activities and operations to meet output commitments.

Top impacting factors: X-ray generator market Size, Trends, Scenario Analysis, Drivers, and Impact Analysis

A complete change in lifestyle of the people has led to rise in prevalence of chronic diseases due to which there is high demand for efficient diagnostic tools, therefore, driving the market growth. Moreover, the global geriatric population base which is majorly parallel to the effects of these chronic diseases is also expected to drive the X-ray generator market demand. The application of X-ray generators in these sectors solves this high demand, thereby it provides the market with steep growth potential.

The global X-ray generator market trend are as follows:

North America to hold a significant X-ray generator market share

North America is a technologically advanced region and shows high penetration rate for new and efficient technologies. Furthermore, United States is a home for several stakeholders, including key providers of providers of x-ray devices, x-ray materials, among others. Key market X-ray generator companies in the region include, GE, Spellman High Voltage Electronics Corporation, Siemens Healthineers, Comet group, and others. The MNCs in the region have combined X-ray tools with artificial intelligence technology to reduce the response time. For instance, GE has developed AI-powered X-ray systems for patients with a collapsed lung.

Stationary x-ray generators to account for the largest share in the product segment

In terms of revenue, stationary medical x-ray generators hold a significant share as a result of the clinical imperative to integrate the system for large volume of patient present which needs long-term care. In addition, a concerted effort by noteworthy companies worldwide towards new product creation is presumed to broaden the base for production.

The evolution of newer technologies, such as the integration of carbon nanotubes which enable easy handling, accurate diagnosis, and gated imagery along with the advancement of liquid metal x-ray tubes, enhanced resolution and less exposure time, offers the imaging of small biological cells or tissue and distant areas which have to be monitored. Furthermore, growth in numbers of research and development activities is expected to increase the growth in the future due to the advancement in capabilities of x-ray machines. This aided the implementation of x-ray generators in radiography, fluoroscopy, and angiography, thereby catalyzing the market potential

Key segments covered:
 

Segments

Subsegments

  Type

  • Stationary Generators
  • Portable Generators

  Application

  • Cardiovascular
  • Respiratory
  • Mammography
  • Orthopedics
  • Dental

  End User

  • Medical
  • Industrial


Key benefits of the report:

  • This study presents the analytical depiction of the global X-ray generator industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global X-ray generator market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global X-ray generator market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global X-ray generator market analysis based on competitive intensity and how the competition will take shape in coming years. 
     

Market scope and structure analysis:
 

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application, End User, and Region

  Regions covered

North America (Canada, Mexico, U.S.), Europe (France, Germany, UK, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific), LAMEA (Africa, Latin America, Middle East)

  Companies covered

Major players analyzed are Philips, Siemens, Control-X Medical, Medical ECONET, Landwind, Josef Betschart, EcoRay, Teledyne ICM, DMS/Apelem, Innomed Medical


Questions answered in the X-ray generator market research report:

  • Which are the leading market players active in the X-ray generator market forecast?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the X-ray generator market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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