Market Size of X-ray Film Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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X-ray Film Market Analysis
The X-ray film market is expected to register a CAGR of 5.4% over the forecast period 2021-2026. The continued adoption of traditional X-ray equipment in developing economies will drive the market in the forecast period.
- The growing occurrence of chronic diseases, coupled with the rising number of diagnostic imaging procedures and significant spending on healthcare across the world, has been instrumental in driving the medical X-ray market.
- X-ray techniques have been useful in the detection treatment of neurological problems, cancer, cardiac diseases, and bone-related problems. This has buoyed the adoption of X-ray equipment, and consequently the use of X-ray films.
- The strong consumer base in India and China, and the ageing population and the increasing demand for medical care have been instrumental in driving the market studied. However, over the forecast period, the establishment of new hospitals and medical facilities are expected to be in favour of the adoption of digital X-ray equipment, owing to the several benefits offered by them.
- Radiography in the medical field is undergoing a significant transition away from film and toward digital flat-panel detector technology(FDP), that has proved to be more affordable and efficient. With innovations, recent trends show that digital radiography over conventional systems is more effective in terms of image quality, further eliminating the need for X-ray films, chemicals, and darkroom setup, and thereby, improving the workflow and throughout.
