The medical X-ray film processor market is projected to generate USD 1,238.5 million revenue by 2030, advancing at a growth rate of 3.2% between 2024-2030.

The growth is because of the increasing occurrence of cancer, dental issues, cardiac ailments, and orthopedic ailments (including arthritis), coupled with the rising count of X-ray imaging processes, increasing healthcare expenses, and growing consciousness of early diagnosis. 

Moreover, around 1.2 million heart surgeries were accomplished globally in 2021. Likewise, approximately 850,000 knee replacements are performed every year in the U.S., as the elderly populace often needs this process.  

This represents that the requirement for X-ray systems has surged for precise diagnosis because of the surging prevalence of cardiovascular and orthopedic illnesses globally. 

X-ray imaging has resulted in enhancements in the early diagnosis as well as treatment of different conditions, including tumors, injuries to the bone, pneumonia, and dental issues.  

This has resulted in the extensive acceptance of X-ray imaging systems, and, consequently, X-ray films as well as film processors. Therefore, with the increasing incidence of the aforementioned and many other illnesses, the demand for X-ray imaging for diagnosing them is surging.  

The fully automatic film processor category, based on type, accounted for the largest medical X-ray film processor market share in 2023, of 60.%. This is because of the high image quality of this type.  

The orthopedic category, based on application, led the industry. This can be because of the widespread acceptance of X-rays in various orthopedic procedures to diagnose examine joint or bone conditions like dislocation, arthritis, and fractures. 

The diagnostic centers category, based on end user, will advance at the fastest CAGR in the years to come. This can be mainly because of the increasing count of diagnostic centers, their easy availability, and their less expensive nature compared to full-fledged hospitals. 

North America was the largest contributor to the industry. With the rising occurrence of chronic illnesses and the surging elderly populace, the requirement for X-ray imaging processes has increased in this continent.  

Moreover, the existence of many key players, the accessibility of technologically developed products, and increasing consciousness of early disease diagnosis are also aiding regional industry expansion.  

APAC is likely to advance at the fastest rate in the years to come. This can be because of the rising RD activities, government plans to encourage effective and early diagnosis and treatment and enhance the healthcare infrastructure, growing need for enhanced medical imaging devices, and large patient pool. 

It is because of the surging occurrence of cancer; the medical X-ray film processor industry will continue to grow in the years to come. 

SOURCE: PS Intelligence