Medical X-ray Market is predicted to reach USD 24.55 billion at a CAGR of 5.20% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Medical X-ray Market”.

The medical x-ray market is projected to register a CAGR of 5.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global medical x-ray market— GE Healthcare (US), Fujifilm Corporation (Japan), Siemens Healthineers (Germany), Koninklijke Philips N.V. (US), Hologic, Inc. (US), Shimadzu Corporation (Japan), Allengers Medical Systems Ltd (India), Adonis Medical System (India), Aspen Imaging Healthcare (US), and Plansee SE (US).

Market Highlights

The global medical x-ray market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 24.55 billion by 2032.

The increasing prevalence of chronic diseases, rising awareness of early diagnosis, and growing aging population are some factors propelling the medical x-ray market. The growing aging population is a significant driver for the expansion of the medical X-ray market. As the global population continues to age. According to WHO, by 2030, one in every six people in the world will be 60 or older. At this point, the proportion of the population aged 60 and up will rise from 1 billion in 2020 to 1.4 billion. The world's population of people aged 60 and up will double (2.1 billion) by 2050. The number of people aged 80 and up is expected to triple between 2020 and 2050, reaching 426 million. There is an increased prevalence of age-related conditions and diseases, such as osteoporosis, arthritis, and fractures. X-ray imaging plays a crucial role in the diagnosis, monitoring, and treatment of these conditions. With the aging population at a higher risk of developing such ailments, there is a greater demand for X-ray technology to aid in the accurate detection and assessment of these age-related issues. X-rays provide detailed images of bone density, joint degeneration, and the presence of fractures, allowing healthcare professionals to formulate appropriate treatment plans and interventions. Moreover, due to the increasing demand for point-of-care imaging, the medical x-ray industry has a lot of opportunities to grow. However, the competition from alternative imaging modalities are anticipated to hamper the market growth.

Segment Analysis

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The global medical x-ray market has been segmented based on type, component, mobility, application, and end user.

On the basis of type, the global medical x-ray market has been segmented into digital radiography and computed radiography. The digital radiography held the largest market share and is the fastest growing segment during the forecast period. Digital radiography advantages shine like a polished X-ray image: superior clarity and detail for sharper diagnoses, reduced radiation exposure ensuring patient safety, streamlined workflow with instant image access, and advanced features like 3D reconstruction and image manipulation for deeper analysis. These benefits translate to more accurate diagnoses, faster treatment initiation, and ultimately, improved patient outcomes. Hence, providing immense advantages over computed radiography is burgeoning the growth of the market.

Based on component, the medical x-ray market is segmented into anodes, cathodes, drive components, and shieldings and filters. The anodes segment accounted for the largest share in 2022 and is the fastest-growing segment during the forecast period. Anodes, the fiery hearts of X-ray tubes, convert electrical energy into a torrent of electrons, igniting the process. Cathodes, the electron launchers, efficiently emit these electrons towards the anode, triggering the X-ray generation. Then, drive components orchestrate the dance, precisely controlling the movement of the anode and focusing the electron beam for optimal X-ray production. Finally, shieldings and filters act as vigilant gatekeepers, protecting patients and operators from unwanted radiation while ensuring image clarity. The harmonious interplay of these elements results in detailed, diagnostic images, guiding medical professionals towards timely interventions and improved patient outcomes. Hence, wide range of application of these components drive the growth of the segment.

The medical x-ray market, based on mobility, is segmented into stationary and mobile. The stationary segment accounted for the largest market with a market share of 54.90% in 2022. Stationary boast superior image quality, diverse capabilities, and robust durability, anchoring busy hospitals with detailed diagnoses and complex procedures. In contrast, mobile provides agility, bringing instant imaging to bedside, emergency rooms, and remote corners. Both, contribute to the X-ray market's vibrant pulse, ensuring accurate diagnoses and improved patient care across diverse healthcare landscapes.

On the basis of application, the global medical x-ray market has been segmented into dental, cardiovascular, veterinary, orthopedics, mammography, and others. The cardiovascular held the largest market share and veterinary is the fastest growing segment during the forecast period. The segment growth is positively contributing owing to the increasing incidences of cardiovascular disease. According to the World Health Organization, there were 17.9 million people died from cardiovascular disease in 2019, globally.

Based on end user, the medical x-ray market is segmented into hospitals & clinics, diagnostic imaging centers, and others. The diagnostic imaging centers segment accounted for the largest share in 2022 and is the fastest-growing segment during the forecast period. A positive envision of the X-ray market is presented by the merging of growing chronic illness burden, technological advancements, and expanding healthcare infrastructure, further fuels the growth of the end user segment. As the demand for accurate and efficient medical imaging continues to grow, X-ray technology will remain a critical tool in various healthcare settings, ensuring its continued relevance for years to come.

Regional Analysis

The global medical x-ray market, based on region, has been divided into North America, Europe, Asia-Pacific, and Middle East & Africa. The North America further includes US and Canada. The Europe includes countries namely Germany, France, UK, Italy, Spain, and Rest of Europe. The medical x-ray market in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific. Moreover, the Rest of the World comprises of Middle East, Africa, and Latin America.

North America dominated market in 2022 due to factors such as the rising geriatric population in the region demand for medical imaging services, including X-ray examinations, also grows. Elderly individuals are more prone to age-related ailments, making X-ray imaging an essential diagnostic tool. Also, the advent of technological advancements, such as digital radiography (DR) and computed tomography (CT), which offer improved image quality, reduced radiation exposure, and faster imaging processes. These advancements have increased the adoption of X-ray systems in North America.

The Europe medical x-ray market is growing due to an increasing preference for mobile and portable X-ray systems that enable point-of-care imaging, especially in critical care settings and remote areas. Thus, the accessibility to advanced diagnosis & treatment facilities, growing healthcare expenditure, increasing burden of chronic diseases, the aging population, technological advancements, and ongoing trends focusing on radiation dose reduction & the adoption of mobile and portable X-ray systems are likely to drive the growth of the regional market during the study period.

Asia Pacific region is fastest growing region in market in 2022 owing to factors such as the the rising prevalence of chronic diseases is driving the demand for medical X-ray systems to provide accurate and efficient imaging for diagnosis and treatment planning for conditions such as cardiovascular diseases, dental diseases, orthopedics disorders, and respiratory disorders. Additionally, the application of medical X-ray in veterinary is particularly crucial in the Asia-Pacific region, given the diverse range of animal species, including livestock, pets, and wildlife. From small animals like cats and dogs to larger animals like horses and cattle, X-ray technology supports accurate diagnosis, effective treatment, and overall animal care. Hence, urbanization, the rising prevalence of chronic diseases, technological advancements, and improving diagnostic capabilities & workflow efficiency in veterinary practice is expected to drive the medical X-ray market over the period in the Asia-Pacific.

The rest of the world medical x-ray market is segmented into major regions, namely the Middle East, Africa, and Latin America. The medical X-ray market in the above-mentioned regions is likely to witness growth due to improving healthcare facilities, the availability of technologically advanced medical X-ray systems, and the rising burden of Non-Communicable Diseases (NCDs) in these regions such as cardiovascular diseases, and cancer among others. Moreover, there is an increasing focus on cost-effective and mobile solutions. Healthcare providers in the rest of the world are looking for affordable X-ray systems that offer high-quality imaging, easy installation, and portability. This trend is particularly relevant in resource-constrained settings and rural areas where access to healthcare services is limited and is expected to propel the medical X-ray market growth in the region.

Key Findings of the Study

• The global medical x-ray market is expected to reach USD 24.55 billion by 2032 at a CAGR of 5.20% during the forecast period.


• The Europe region held the second largest market share of the global market, owing to a growing adoption of technological advancements in x-ray and formation of strategic alliances.


• Based on type, the digital radiography held the largest market in 2022, with a market share of 11%.


• GE Healthcare (US), Fujifilm Corporation (Japan), Siemens Healthineers (Germany), Koninklijke Philips N.V. (US), Hologic, Inc. (US), Shimadzu Corporation (Japan), Allengers Medical Systems Ltd (India), Adonis Medical System (India), Aspen Imaging Healthcare (US), and Plansee SE (US) are the key players in the market.