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(Medical-NewsWire.com, September 12, 2018 ) Market Overview:
In the year 2018 Global Portable X-Ray devices Market was valued at USD 5.41 billion. By the year 2023, it is predicted to reach USD 10.69 billion with pace of 14.6% CAGR.
X-Ray is a form of electromagnetic radiation which is used to monitor the abnormalities of bones in the human body. Portable X-Ray devices are mainly used in the field of sports or military as they are easy to handle. These devices can be connected to computer in the X-Ray lab and images can be directly viewed on the monitor.
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Factors affecting market growth:
Increasing of aging population. (+)
Rising prevalence for chronic diseases globally. (+)
Advancement of technologies. (+)
Rising investments by government and private organizations for the development of Portable X-Ray devices. (+)
Introduction of new portable medical devices. (+)
Growing demand for home healthcare devices. (+)
Unfavorable Stringent policies. (-)
High cost of portable devices. (-)
Limited of skilled professional. (-)
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Market Segmentation
The Global Portable X-Ray devices Market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
North America holds the largest market share in the global portable X-Ray device market due to increasing portable X-Ray investments in the healthcare facilities and healthcare infrastructure, favorable reimbursement policies.
Asia-Pacific region is fast growing market due to improving health care infrastructure, technological advancements, increasing healthcare expenditure, and growing of aging population which expected to witness a rapid growth rate for portable X-Ray device market during the forecast period.
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Key players:
Leading companies for Global Portable X-Ray devices are GE healthcare, Fujifilm holdings corporation, Shimadzu Corporation, Toshiba Corporation, Carestream Health, Hitachi Medical Corporation, Siemens Healthcare, Philips healthcare, and Virtual imaging.
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