X-Ray Machine Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Top X Ray Machine Manufacturers & Companies. The Market is Segmented by Product Type (Stationary and Portable), Technology (Digital and Analog), End-User (Healthcare, Transportation and Logistics, and Government), and Geography (North America, Europe, Asia Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

X-Ray Machine Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

X Ray Machine Manufacturing Market Size

X-ray Machine Manufacturing Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 18.71 Billion
Market Size (2030) USD 24.67 Billion
CAGR (2025 - 2030) 5.69 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

X-ray Machine Manufacturing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of X-ray Machine Manufacturing Market with other markets in Technology, Media and Telecom Industry

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Security & Surveillance

X Ray Machine Manufacturing Market Analysis

The X-ray Machine Manufacturing Market size is estimated at USD 18.71 billion in 2025, and is expected to reach USD 24.67 billion by 2030, at a CAGR of 5.69% during the forecast period (2025-2030).

The global aging population and commercialization of new, improved, and technologically advanced x-ray machines are expected to fuel the demand.

  • The x-ray machine manufacturing market is analyzed to witness substantial growth in the coming years owing to the increasing investments in R&D of advanced diagnostic machines coupled with growing demand from various healthcare organizations across the world. Moreover, the rising incidence of cardiovascular, respiratory, gastrointestinal, genitourinary, and several other disorders is one of the major driving factors.
  • In addition to the above factors, the rising security concerns related to consecutive threats and activities, such as illegal arms shipping and drug trafficking, are the other key factors driving the demand for x-ray security screening systems. The factor above is, thereby, contributing to the higher adoption rate of X-ray machines.
  • The healthcare industry is gradually shifting from analog x-ray equipment to digital x-ray systems. The change from analog to digital x-ray equipment is attributed to digital systems' reduced radiation dosage, increased picture quality, and better outcomes with less downtime. Due to the advantages of digital x-ray systems over analog or CR systems, hospitals and other healthcare institutions are emphasizing their installation. Because government payment reforms have aided the transition of analog x-ray systems to digital x-ray systems, healthcare facilities prioritize installing digital x-ray systems, among others.
  • However, on the other hand, high equipment costs and the risk of radiation exposure from the x-ray machines might hinder the medical x-ray segment's growth to some extent in the foreseeable future.

X Ray Machine Manufacturing Industry Overview

The X-ray machine manufacturing market features significant fragmentation, with key industry players such as Canon Inc., Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, and Hologic Inc., among others. These market leaders employ various strategic initiatives, including partnerships and acquisitions, to expand their product portfolios and establish a sustainable competitive edge.

In November 2022, GE Healthcare joined forces with MediView XR to collaborate on groundbreaking technology. This innovation delivers an augmented reality heads-up display for interventional X-ray imaging devices. The OmnifyXR solution seamlessly integrates Microsoft's HoloLens technology with MediView's clinical augmented reality expertise and leverages GE Healthcare's capabilities in interventional imaging.

In July 2022, Siemens Healthcare introduced a cutting-edge mobile x-ray system. This advanced system enables a complete imaging workflow to be conducted at the patient's bedside, courtesy of the Mobilett Impact. This device combines the benefits of a portable X-ray system for bedside imaging with seamless digital integration, all while maintaining an economical cost structure.

X Ray Machine Manufacturing Market Leaders

  1. Canon Inc

  2. Fujifilm Holdings Corporation

  3. GE Healthcare

  4. Hitachi Medical Corporation

  5. Hologic Inc.

  6. *Disclaimer: Major Players sorted in no particular order
X-ray Machine Manufacturing Market Concentration
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X Ray Machine Manufacturing Market News

  • July 2024: Siemens Healthineers, a prominent player in the medical technology arena, has unveiled plans to produce its Multix Impact E digital radiography X-ray machine in India. This move underscores the company's dedication to enhancing patient access to care within the nation.
  • December 2023: Carestream Health has introduced the DRX-Rise Mobile X-ray System, expanding its mobile X-ray portfolio. This advanced, fully integrated digital X-ray unit offers customers an affordable path to digital imaging, or the option to replace or expand their existing DR fleet, without significant capital investment.

X Ray Machine Manufacturing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Threat of New Entrants
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Bargaining Power of Suppliers
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the COVID-19 Impact on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rise in Adoption of Digital X-ray Systems
    • 5.1.2 Government Regulations and Investments to Improve Infrastructure
  • 5.2 Market Restraints
    • 5.2.1 High Cost of the Equipment

6. TECHNOLOGY SNAPSHOT

7. MARKET SEGMENTATION

  • 7.1 By Product Type
    • 7.1.1 Stationary
    • 7.1.2 Portable
  • 7.2 By Technology
    • 7.2.1 Analog
    • 7.2.2 Digital
  • 7.3 By End-user
    • 7.3.1 Healthcare
    • 7.3.2 Transportation and Logistics
    • 7.3.3 Government
    • 7.3.4 Other End-users
  • 7.4 Geography***
    • 7.4.1 North America
    • 7.4.1.1 United States
    • 7.4.1.2 Canada
    • 7.4.2 Europe
    • 7.4.2.1 United Kingdom
    • 7.4.2.2 Germany
    • 7.4.2.3 France
    • 7.4.3 Asia
    • 7.4.3.1 China
    • 7.4.3.2 Japan
    • 7.4.3.3 India
    • 7.4.3.4 South Korea
    • 7.4.4 Latin America
    • 7.4.5 Middle East and Africa

8. COMPETITIVE LANDSCAPE

  • 8.1 Company Profiles
    • 8.1.1 Canon Inc.
    • 8.1.2 Fujifilm Holdings Corporation
    • 8.1.3 GE Healthcare
    • 8.1.4 Hitachi Medical Corporation
    • 8.1.5 Hologic Inc.
    • 8.1.6 Philips Healthcare
    • 8.1.7 Shimadzu Corporation
    • 8.1.8 Siemens AG
    • 8.1.9 Vision Medicaid Equipment Private Limited
    • 8.1.10 Hindrays
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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X Ray Machine Manufacturing Industry Segmentation

X-rays are a form of electromagnetic radiation with higher energy that can pass through most of the objects. As an x-ray is the most effective and conventional diagnostic tool, digitization in the x-ray has observed a strong position in diagnostic laboratories worldwide. The demand for x-ray machines is increasing in various verticals, like healthcare, security, etc. Compliance with security measures and the increasing government regulations to develop better security infrastructure are the factors expected to have a positive impact on the industry. The awareness of early disease detection and treatment is expected to augment the medical x-ray industry's growth.

The x-ray machine manufacturing market is segmented by product type (stationary and portable), by technology (digital and analog), by end-user (healthcare, transportation and logistics, government, and other end-users), and by geography (North America, Europe, Asia Pacific, Rest of the World).

The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Product Type Stationary
Portable
By Technology Analog
Digital
By End-user Healthcare
Transportation and Logistics
Government
Other End-users
Geography*** North America United States
Canada
Europe United Kingdom
Germany
France
Asia China
Japan
India
South Korea
Latin America
Middle East and Africa
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X Ray Machine Manufacturing Market Research FAQs

How big is the X-ray Machine Manufacturing Market?

The X-ray Machine Manufacturing Market size is expected to reach USD 18.71 billion in 2025 and grow at a CAGR of 5.69% to reach USD 24.67 billion by 2030.

What is the current X-ray Machine Manufacturing Market size?

In 2025, the X-ray Machine Manufacturing Market size is expected to reach USD 18.71 billion.

Who are the key players in X-ray Machine Manufacturing Market?

Canon Inc, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation and Hologic Inc. are the major companies operating in the X-ray Machine Manufacturing Market.

Which is the fastest growing region in X-ray Machine Manufacturing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in X-ray Machine Manufacturing Market?

In 2025, the North America accounts for the largest market share in X-ray Machine Manufacturing Market.

What years does this X-ray Machine Manufacturing Market cover, and what was the market size in 2024?

In 2024, the X-ray Machine Manufacturing Market size was estimated at USD 17.65 billion. The report covers the X-ray Machine Manufacturing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the X-ray Machine Manufacturing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

X Ray Machine Manufacturing Industry Report

Statistics for the 2025 X-ray Machine Manufacturing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. X-ray Machine Manufacturing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.