The global x-ray tubes market size was worth USD 3.01 billion in 2022 and is estimated to grow to USD 4.09 billion by 2030, with a CAGR of approximately 3.9 % over the forecast period.
An x-ray tube is a vacuum tube that produces x-rays from an electrical input. By transforming the energy of the electrons into photons, x-rays are produced. The x-ray tube is where this highly particular energy transfer happens. The image is created by the x-rays that pass through the body after being attenuated and scattered by the substance. As compact systems have become more readily available, x-ray machines are now employed in various industries, including airport security, luggage scanning, metallurgical applications, healthcare diagnostic devices, and non-destructive testing. The introduction of new and cutting-edge imaging technologies like magnetic resonance imaging (MRI), nuclear medicine imaging, ultrasound, etc., is a result of the acceleration of technological development during the past few years. Sales of x-ray tubes are predicted to suffer during the forecast period due to the growing popularity of these new imaging techniques.
The rising demand for x-ray tubes from the medical sector drives the market. The increasing prevalence of chronic diseases like cancer and cardiovascular diseases is augmenting the demand for body imaging for timely detection and treatment. The market growth can also be associated with the rise in the number of diagnostic centers established to identify bone-related disorders such as fractures and weakening of bones, among others. Furthermore, the market has benefited 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 centers have installed x-ray and CT imaging as primary diagnosis modes to check the infection’s severity. Rising advancements such as the interventional x-ray’s ability to provide high-quality, high-resolution images have been further favoring the demand for the product in healthcare applications, thereby boosting the market growth of the x-ray tube.
The FDA’s Centre for Devices and Radiological Health has the authority to regulate businesses that create, repackage, re-label, and import medical devices (CRDH). The CRDH also holds X-ray machines and other electronic devices that produce radiation for medical and non-medical purposes. As a result, strict regulations may likely hamper the market growth in the coming years.
The global x-ray tube market has been segmented into product type, component, and end-user.
Based on the product type, the global x-ray tube market is divided into cathode-based x-ray tubes, cold cathode tubes, hot cathode tubes, anode-based x-ray tubes, stationary anode x-ray tubes, and rotating anode x-ray tubes. Rotating anode x-ray tubes are predicted to dominate the industry with the largest market share in 2021. Anode-rotating High-resolution technologies like mammography, angiography, and computed tomography frequently use X-ray tubes (CT). In this configuration, the anode is supported by vacuum bearings and rotates through electromagnetic induction from several stator windings outside the evacuated tube. The anode must be made of materials that can withstand high temperatures.
Based on end users, the market is classified into hospitals, diagnostic imaging centers, specialty clinics, ambulatory surgery centers, and others. The hospital’s category accounted for the largest share in 2021. The hospital category is anticipated to expand quickly during the forecast period. The expansion of this market is attributed to an increase in the use of X-ray tubes in various medical imaging systems used in hospitals and other healthcare facilities, such as diagnostic centers. These medical imaging devices include, among others, fluoroscopy units, portable x-ray machines, fixed-position x-ray machines, c-arm x-ray machines, CT scan machines, mammography machines, and fixed position x-ray machines.
North America dominated the global x-ray tube market in 2021. The market is growing in the United States due to the expanding medical infrastructure and medical facilities, the growing geriatric population, and the rise in chronic diseases. One of the leading industries in the US driving demand for X-ray tubes is the aerospace sector. A significant driver propelling the X-ray tube market in non-destructive testing applications is the rising trend of helicopter and commercial aircraft production in the United States. The number of large commercial aircraft is predicted to increase over the next 20 years at a pace of 3.5% annually, reaching 34,000 aircraft valued at USD 4.5 trillion. This demand from the aircraft industry is a significant driver for the growth of non-destructive applications, which further translates into demand for X-ray tubes in the United States. The expansion of non-destructive applications is mostly fueled by this demand from the aircraft industry, which also affects the demand for X-ray tubes in the US.
Some of the major competitors dominating the global x-ray tube market include- Koninklijke Philips N.V., BMI Biomedical International s.r.l., Control-X Medical, Ltd., Varian Medical Systems, Inc., IAE Sp.A., Micro X-Ray, Varex Imaging Corporation, Lohmann X-Ray, Siemens Healthcare GmbH, Hangzhou Kailong Medical instrument Co., Ltd., and Others.
COVID-19 had a detrimental effect on expanding the world market for medical x-ray tubes. Delays in the diagnosis and treatment of certain chronic diseases, including cardiovascular conditions, oncology, and others, which had an impact on the diagnostic rate throughout the period, are among the factors contributing to the market’s decrease. Furthermore, during the COVID-19 epidemic, restrictions enforced by several nations disrupted the supply of these x-ray tube systems. As a result, there were fewer radiology practices worldwide in 2020. For instance, the total number of interventional radiology operations conducted in the United States during the COVID-19 epidemic decreased by roughly 5.1%, according to a report published in Springer. Additionally, according to the NCBI, from March to April 2020, there was a 53.4% decline in x-ray procedures in the United States.
X-ray Tubes Market by Product Type Outlook (Revenue, USD Billion; 2017 – 2030)
X-ray Tubes Market by Component Outlook (Revenue, USD Billion; 2017 – 2030)
X-ray Tubes Market by End User Outlook (Revenue, USD Billion; 2017 – 2030)
X-ray Tubes Market by Region Outlook (Revenue, USD Billion; 2017 – 2030)
| X-Ray Tubes Market Report Scope | |
| Report Attribute | Details |
| Market Size Value in 2022 | USD 3.01 billion |
| Revenue Forecast in 2030 | USD 4.09 billion |
| Growth Rate | CAGR of 3.9 % from 2023 to 2030 |
| Base Year for Estimation | 2022 |
| Historical Data | 2017 – 2022 |
| Forecast Years | 2023 – 2030 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2030 |
| Report Coverage | Revenue forecast, company ranking, Trends competitive landscape, and growth factors |
| Segments Covered | Product Type, Component, End User, and Region |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others |
| Key Companies Profiled | Koninklijke Philips N.V., BMI Biomedical International s.r.l., Control-X Medical, Ltd., Varian Medical Systems, Inc., IAE Sp.A., Micro X-Ray, Varex Imaging Corporation, Lohmann X-Ray, Siemens Healthcare GmbH, Hangzhou Kailong Medical instrument Co., Ltd., and Others. |
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