Global portable X-Ray & CT scan devices market estimated to reach USD 8,408 million by 2020

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According to a report published by Radiant Insights, the global portable X-ray and CT scan devices market is estimated to reach USD 8,408 million by 2020. The market accounted for USD 4,677 million in 2012 and is projected to grow at a CAGR of 7.6%. The two paramount aspects boosting the market growth include growing need for bedside imaging, home healthcare and increasing use of CT scan for anatomical confirmation and to evaluate precision of medical implants during and post-interventional medical procedures. The other factors contributing to this market are an increasing number of patients suffering from cardiovascular, dental and orthopedic disorders and cancer, rising geriatric population base and increasing implantation procedures. Asian and Latin American countries have the potential to fuel the market growth owing to fulfilling the demand of innovative and cost effective products for cost sensitive population. Implementation of the 12th Five Year Plan in China will also open market growth opportunities. North America is leading the market currently in terms of market capture and is likely to continue to lead it over the forecasted period. GE Healthcare, Philips Healthcare, Siemens Healthcare, Hitachi Medical Systems and Varian Medical Systems are some dominant global players.

 

(Image Courtesy: Tuvie)

Read the full article at medGadget

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