Europe Portable X-ray Devices Market Size

Europe Portable X-ray Devices Market Analysis

The Europe Portable X-ray Devices Market size is estimated at USD 2.34 billion in 2024, and is expected to reach USD 3.57 billion by 2029, growing at a CAGR of 8.78% during the forecast period (2024-2029).

The COVID-19 pandemic affected healthcare systems in Europe and resulted in the interruption of usual care in many healthcare facilities. The pandemic posed several difficulties for medical device manufacturers and supply chains during the very initial phase of the pandemic. But with the increasing cases of COVID-19 infection, the demand for X-ray devices increased, especially for chest X-ray devices. An article published in JMRS in February 2022 stated that the utilization of chest X-rays increased during the pandemic due to increased cases of co-infection among the target population. Thus, the increased risk of heart disease among COVID-19 patients and the exponentially high number of COVID-19 in Europe increased the demand for portable X-ray devices. Hence, the pandemic considerably impacted the market studied.

Factors such as the growing geriatric population, the increasing prevalence of vascular diseases, and advancements in technology are major contributors to the growth of the market studied.

Aging is associated with most illnesses, such as hypertension, diabetes, cardiovascular diseases (CVDs), and other orthopedic ailments. Most of these are chronic diseases that require proper treatment and diagnosis. Thus, with the increase in the geriatric population, the demand for X-ray devices is increasing. The incidence of the older population aged 65 years and older was 17.78, 12.24, 13.76, and 13.16 (in millions) in Germany, the United Kingdom, Italy, and France, respectively, as per the data updated by the PRB organization in 2022. Such numbers show a high burden on the geriatric population in Europe. As portable X-rays provide better results than most conventional X-rays without moving the patients from one place to another, the demand for such devices has been increasing recently. This is expected to contribute to the growth of the market studied over the forecast period.

Moreover, technological advancements and recent developments in the market are anticipated to drive the growth of the market. For instance, in May 2021, Fujifilm revealed the results of Europe's first real-world trial of the FDR Xair portable X-ray system in community care. The trial was conducted in collaboration with the Fujifilm United Kingdom, Northumbria Healthcare, the National Health Services (NHS) Foundation Trust, and the Northeast Ambulance Service NHS Foundation Trust and significantly reduced hospitalizations. Such advancements are contributing to market growth.

Therefore, due to the above-mentioned factors, the market studied is expected to grow significantly during the study period. However, the risk of radiation exposure associated with the procedures is expected to restrain the market growth over the forecast period.