Market Share of X-ray Tube Industry
The presence of major players governs competitive rivalry in this industry. The market can attain a sustainable competitive advantage through innovation, owing to the growing need for differentiated products. For instance, in January 2022, Fortress Technology launched a new x-ray tube named raptor for food packs. The Raptor X-Ray inspects and rejects packaged meat, cheese, chilled, and confectionery products with metal, glass, wood, rubber, high-density plastic, stone, and calcified bones.
In May 2022, Aidoc, a provider of healthcare AI solutions, announced an agreement with Gleamer, a French MedTech company focused on using AI technology in radiology to integrate Gleamer's BoneViewsolution for X-rays. The onboarding of Gleamer's AI BoneViewX-ray solution aimed to expand Aidoc's venture into the X-ray modality.
In March 2022, Canon Medical Systems Corporation announced that it entered an agreement to acquire Nordisk Røntgen Teknik A/S, a Danish company with advanced technology for developing and manufacturing diagnostic X-ray systems. Through this acquisition, Canon Medical opened up access to European-based technology, development, and manufacturing for advanced imaging solutions.
In January 2022, Malvern acquired CreoptixAG in order to strengthen and expand its affinity offering. Creoptixis a kinetics measuring company that develops and manufactures analytical equipment, software, and consumables. By leveraging Malvern Panalytical'senormous client base, the partnership presents an exciting potential to quickly scale Creoptix'ssuperior technology in terms of speed and sensitivity.
X-Ray Tube Market Leaders
Varex Imaging Corporation
YXLON International
Lafco India Scientific Industries
Malvern Panalytical Ltd
Proto Manufacturing
*Disclaimer: Major Players sorted in no particular order
