Rising Elderly Population Boost the Demand for X-Ray Systems

[Pramod Kumar]

The X-ray systems industry has garnered $6,866.64 million revenue in 2021, and it is projected to capture $9,504.33 million revenue in 2030, advancing at a rate of 3.68% from 2021 to 2030. It is led by the rising prevalence of chronic diseases and growing early-stage diagnosis demand. In addition, technological advancements and government investments in countries such as Japan, China, and India drive the industry.

The stationary category holds a substantial share of the industry. These are widely used X-ray systems, due to their cost-effectiveness, and high-quality images. They provide support in generating images of organs and tissues inside the body and thus help in early diagnoses of pneumonia, bone fractures, several tumors, calcifications, foreign objects, several injuries, dental problems, and other abnormal masses.

Usually, the elderly population is at higher risk of developing musculoskeletal disorders, led by a loss of minerals in the bones. It results in the bone becoming fragile and less dense to help stationary systems to detect abnormalities.

The advancement in image quality and precise diagnosis is also expected to fuel the demand for mobile machines. It enables faster detection and helps in treating various life-threatening ailments, such as cardiovascular and cancer diseases.

The companies are focusing on investing in the adoption of new technologies, more specifically mobile scanners. For instance, Dynamic Digital Radiography technology is developed by Konica Minolta Healthcare Americas Inc. which enables real-time visualization of anatomy and supports in improving diagnosis and management of orthopedic and pulmonary conditions.

In addition, the rising incidences of illnesses among youth, are led by increasing consumption of junk food, sedentary lifestyle with the absence of physical activity, excessive drinking, and smoking. Therefore, the major key players are focusing on increasing their expenditure on AI-integrated radiography platforms.

For example, GE Healthcare announced to collaboration with AWS to offer AI and cloud technology-driven imaging solutions. The integration of AI-enabled data with the cloud provides easy access to operational and clinical insights to healthcare providers and hospitals.