Medical x-ray tube is an air evacuated vacuum-tube that converts the electrical energy to produce other forms of radiation such as X-rays, which are usually used for imaging purposes. An X-ray tube comprises of different parts & elements. The two basic elements are anode and cathode. A cathode provides electrons that are picked-up by the anode to generate and release x-rays. Medical x-ray tube has few other elements including vacuum tube with evacuated air, also recognized as a shell, a rotor, tube housing, an induction motor, and other components such as cooling oil and expansion bellows. These types of tubes are basically used in dental imaging, CT scanner, radiography and mammography system. Increases in medical usage coupled with growth in investment in the diagnostic equipment are driven factors of medical x-ray tube market.
Referring to the study, Global Medical X-Ray Tube Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread). Some of the major companies that are presently operating in the global medical x-ray tube market include Varian, Hangzhou Wandong, Siemens, Dunlee, Toshiba, Kailong, IAE and among others. These important players with an outstanding market share are focused on expanding their customer base overseas, these companies use strategic cooperation initiatives to increase their market share and increase their profitability, but with technological advances and product innovations, medium-sized companies to smaller companies are increasing their market presence by winning new orders and opening up new markets.
Based on type, medical x-ray tube market can be categorized as stationary anode medical x-ray tube and rotating anode medical x-ray tube. In addition, based on application, market can be categorized as CT scanner, radiography, dental imaging and mammography system.
Rise in demand for healthcare diagnostics, followed by increase in need for quality control in the manufacturing industry, rise in demand from healthcare industry, increase in the number of fatal accidents and surge in the number of medical illness cases are some major factors, which are responsible for growth of the medical x-ray tube market. Apart from this, growth in adoption of newer & safer techniques of imaging and rise in concerns about X-ray radiation exposure leading to cancer may impact the market. Moreover, growth in demand for mobile & wireless x-ray systems is a leading opportunity for market.
Based on regional analysis, the North-America is a leading region in global medical x-ray tube market owing to growth in medical infrastructure developments, rise in trend of helicopters & commercial aircraft production and surge in the incidence of chronic diseases across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to growth in medical facilities, well-established health care infrastructure, presence of large patient pool and increase in the geriatric population over the forecast period. It is projected that future of the global medical x-ray tube market will be bright as a result of growth in technological advancements during the forecast period.
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Ankur Gupta, Head Marketing & Communications