X-radiation tube is a relatively simple electrical device that produces X-rays while subjected to an electric charge. The x-ray tube consists of different parts and elements, including two essential and principal components: a cathode and an anode. The cathode provides a source of electrons that are received by the anode. The electrodes are placed in a vacuum glass envelope, and the charge is passed through the device. As the electrical charge flows through the tube via cathode to anode, the electrons experience an energy loss, resulting in the generation of x-radiation. Other elements of an x-ray tube include an air evacuated vacuum tube, known as the envelop, tube housing, a rotor, an induction motor, and other components. X-ray tubes are also utilized in airport luggage scanners, material and structure analysis, X-ray crystallography, CT scanners, and for industrial inspection. It's majorly used in the medical field, where an X-ray tube is used to get image information of the human body for diagnosis and treatment purposes.
MARKET SCOPE
The "Global X-Radiation Tube Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the X-radiation tube market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading X-radiation tube market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global X-radiation tube market is segmented into stationary anode, and rotating anode.
- On the basis of application, the market is bifurcated into medical use, and industrial use.
MARKET DYNAMICS
Drivers:
- Technological advancements in the x-radiation tubes, along with new and advanced imaging techniques drive the X-radiation tubes market.
- The increasing prevalence of chronic diseases such as cancer and cardiovascular due to sedentary lifestyles and unhealthy eating habits emphasizes on early diagnosis of diseases. This, in turn, is rising demand for diagnostic tests performed each year; these factors propel the X-radiation tubes market.
- Factors such as improved healthcare infrastructure, and the large population base with considerable medical needs, are anticipated to supplement the market growth.
- Increased research and development of X-radiation tubes, increased medical usage, and investment in diagnostic equipment further fuel the market growth.
Restraints:
- The rise in concerns about x-ray radiation exposures leading to cancer results in the development and adoption of newer and safer imaging techniques.
- The presence of stringent regulations worldwide for manufacturing and designing X-radiation tubes has created additional costs for manufacturers while becoming a barrier for new entrants.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The X-radiation tube market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the X-radiation tube market in these regions.
IMPACT OF COVID-19 ON X-RADIATION TUBE MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and impacted the overall global market. .The COVID-19 pandemic has led to major preparations within hospitals due to the surge of positive patients. Chest CT and X-ray scan play a critical diagnostic role in identifying COVID-19 patients, which is the widely accepted initial radiographic assessment of COVID-19 confirmed or suspected cases with respiratory symptoms. This resulted in the usage of a technique to perform mobile chest X-ray imaging through the glass and effectively reducing the infection risk to radiographers. Furthermore, patterns of COVID-19 lung disease can be identified on conventional chest radiography and chest CT. This led to a positive impact on this market. Moreover, the device is used to monitor imaging changes during treatment. Hence, the market is anticipated to experience steady growth in the forecast period.
MARKET PLAYERS
The report covers key developments in the X-radiation tube market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from X-radiation tube market are anticipated to have lucrative growth opportunities in the future with the rising demand for X-radiation tube in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the X-radiation tube market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BMI Biomedical International
- Control-X Medical, Ltd.
- Toshiba Electron
- Varian Medical Systems, Inc.
- IAE
- GE
- Varex Imaging Corporation
- Lohmann X-Ray
- Siemens Healthcare GmbH.
- Kailong Medical