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Global X-ray Tube Market Share, Growth, Trends, Analysis: By Type: Rotating Anode Tube, Stationary X-Ray Tube; By End User: Manufacturing, Healthcare, Food, Aerospace and Defense, Others; Regional Analysis; Patent Analysis; Grants Analysis; Funding Analysis; Partnership and Collaborations Analysis; Supplier Landscape; 2024-2032
Global X-ray Tube Market Outlook
The global X-ray tube market size was valued at USD 3.20 billion in 2023, driven by the rising demand for X-ray tubes from the medical sector. The market is projected to grow at a CAGR of 5.8% during the forecast period 2024-2032 to reach a value of USD 5.23 billion by 2032.
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Medical Applications of X-ray Tubes are Boosting the Market Growth
The market is being driven by the rising demand for X-ray tubes from the medical sector. The rise in prevalence of chronic diseases like cancer and cardiovascular diseases are augmenting the demand for body imaging for timely detection and treatment. The market growth can also be associated with the rise in number of diagnostic centres established to identify bone-related disorders such as fractures and weakening of bones, among others. Furthermore, the market has been benefitting from the rising use of X-ray machines to detect the presence of the COVID-19 virus inside the body cavity. Several hospitals and diagnostic centres have installed X-ray and CT imaging as a primary mode of diagnosis to check the severity of the infection. Further, rising advancements such as the interventional X-ray to provide high-quality, high-resolution images, has been further favouring the demand for the product in healthcare applications, thereby boosting the market growth of X-ray tube.
X-Ray Tube: Market Segmentation
X-ray tube, also known as roentgen tube, refers to a vacuum tube that converts electrical input power into X-rays by accelerating electrons to a high velocity with a high-voltage field.
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On the basis of type, the market can be divided into:
- Rotating Anode Tube
- Stationary X-Ray Tube
The market, based on end use, can be categorised into:
- Manufacturing
- Healthcare
- Food
- Aerospace and Defence
- Others
The EMR report looks into the regional markets of X-ray tube like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Use of X-ray machines to Promote Security is Augmenting the Market Growth of X-ray Tube
The market growth of X-ray tube can be associated with the rising deployment of X-ray machines in high-security areas, such as airports, railway stations, subways, and hotels, among others, to promote security and detect the entry of contrabands. Rising investments in the X-ray technology with reduction in machine sizes, incorporation of wireless technology, and cloud-based storage systems are further enhancing the growth of the market. Moreover, technological progressions in X-ray tube dimensions, in addition to the improvements aiding in high quality and high-resolution images are some of the factors advantageously influencing the market growth of X-ray tube.
Key Industry Players in the Global X-ray Tube Market
The report presents a detailed analysis of the following key players in the global X-ray tube market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Varex Imaging Corporation
- Malvern Panalytical Ltd.
- Oxford Instruments plc.
- Siemens Healthineer AG
- Canon Electron Tubes and Devices Co. Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global X-ray Tube Market Overview
3.1 Global X-ray Tube Market Historical Value (2017-2023)
3.2 Global X-ray Tube Market Forecast Value (2024-2032)
4 Global X-ray Tube Market Landscape
4.1 Global X-ray Tube Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global X-ray Tube Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by End User
4.2.3 Analysis by Major Regions
5 Global X-ray Tube Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global X-ray Tube Market Segmentation
6.1 Global X-ray Tube Market by Type
6.1.1 Market Overview
6.1.2 Rotating Anode Tube
6.1.3 Stationary X-Ray Tube
6.2 Global X-ray Tube Market by End User
6.2.1 Market Overview
6.2.2 Manufacturing
6.2.3 Healthcare
6.2.4 Food
6.2.5 Aerospace and Defense
6.2.6 Others
6.3 Global X-ray Tube Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America X-ray Tube Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe X-ray Tube Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific X-ray Tube Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America X-ray Tube Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa X-ray Tube Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Varex Imaging Corporation
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Malvern Panalytical Ltd.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Oxford Instruments plc.
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Siemens Healthineer AG
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Canon Electron Tubes and Devices Co. Ltd.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
18 Global X-ray Tube Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The global X-ray tube market reached a value of USD 3.20 billion in 2023.
The market is anticipated to grow at a CAGR of 5.8% during the forecast period of 2024-2032 to reach a value of USD 5.23 billion by 2032.
The market is being driven by the rising use of X-ray machines in diagnostic centres and hospitals for the enhanced body imaging to carry out diagnosis.
The market growth can be associated with the rising deployment of X-ray machines for security purposes, improvements in X-ray tube technology, and reduction in X-ray machine sizes.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of X-ray tube are rotating anode tube and stationary X-ray tube.
The significant end uses of X-ray tube include manufacturing, healthcare, food, and aerospace and defence, among others.
The major players in the industry are Varex Imaging Corporation, Malvern Panalytical Ltd., Oxford Instruments plc., Siemens Healthineer AG, and Canon Electron Tubes and Devices Co. Ltd., among others.
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