Increasing demand for bedside and emergency medical imaging is expected to expand the global x-ray market through 2018, according to a new report from Transparency Market Research.
The global x-ray market was $7.5 billion in 2011, and it's expected to reach $9.8 billion by 2018, for a compound annual growth rate of 4% from 2012 to 2018, the firm said.
Bedside imaging, more patients seeking emergency medical services, the rising prevalence of target diseases, a larger global geriatric population, and the need for high-quality medical images are expected drivers of the growth. Portable x-ray systems are expected to be the market leader during the forecasted period.
The report covers portable, handheld, digital radiography, computed radiography, and mammography systems, Transparency Market Research said.