The global portable X-ray devices market is expected to grow from $4,700.5 million in 2018 to $6,872.5 million in 2022 at an annual growth rate of 10%. The expected increase in the number of patients with chronic diseases will drive the global portable X-ray devices market. The rise in the incidences of chronic diseases such as cardiovascular diseases (CVD), neurodegenerative diseases, autoimmune diseases, respiratory diseases and cancer among the population will lead to an increase in the number of patients who require advanced diagnostic and treatment options on a regular basis. It is forecast that the number of patients with diabetes will increase to 642 million by 2040 from 415 million in 2015, and the number of death cases from CVD will increase to more than 23.6 million by 2030 from 17.6 million in 2016. Emerging markets will see the fastest growth in the prevalence of chronic diseases as the population growth is anticipated to be the most significant in developing nations. Following the chronic disease prevalence growth, advances in accurate detection and diagnosis of diseases will try to minimize the cost of treating chronic conditions that will positively impact the growth of the global portable X-ray devices market. The increase in the number of patients with chronic diseases will drive the use of portable X-ray devices and support the market’s growth.
The increasing awareness about advantages of portable medical devices is also expected to support the growth of the portable X-ray devices market during 2018-2022. The global access to online information about portable medical devices, in general, leads to an increase in awareness among the global population, and the industry will benefit from the growing internet penetration globally. According to Cisco, the global internet penetration will rise to 58% by 2021 when compared to 44% in 2016. Social media platforms are also expected to aid portable X-ray devices manufacturing companies to promote their goods and services directly to the customers. Following the affordable and expanded access to the internet, social media platforms, and online industry specific magazines and forums, consumers’ awareness about portable X-ray devices is expected to increase, thus benefiting the market going forward.
A portable X-ray device is a wireless digital X-ray imaging device for mobile health providers such as doctors and first aid workers in field situations, during home care and in old age homes, as well as for medically oriented aid organizations, ships and offshore platforms. Portable X-ray devices are easy to carry and are useful for short duration treatments. These radiographic devices can be folded in a small package whenever needed for transportation and easily connected to a computer to view digitally generated images of the interiors of a body. Portable X-ray devices help reduce imaging costs by eliminating the use of X-ray films.
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