This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

X-ray-based Robots Market

X-ray-based Robots Market

X-ray-based Robots Market By Technology (Artificial Intelligence, Machine Vision, Collaborative Robots, Cognitive Computing, Sesotec X-ray, Twin Robotics), By End-use Industry, By Region - Global Market Insights 2022 to 2027

X-ray-based Robots Market
FACT7684MR
  • Sep-2022
  • List of Tables : 25
  • List of Figures : 132
  • 170 Pages
  • Healthcare

X-ray-based Robots Market Outlook (2022-2027)

Worldwide sales of X-ray-based robots are anticipated to increase at a high-value CAGR of 7.1% from 2022 to 2027. In 2022, the global X-ray-based robots market is valued at US$ 4.25 billion and is projected to reach a market size of US$ 6 billion by 2027.

Demand for X-ray-based robots in China is expected to rise at a stellar CAGR of 10% through 2027. Several market players concentrating on the launch of advanced diagnostic equipment as well as rising demand for improved imaging devices are driving rapid market expansion in China.

Report Attributes

Details

X-ray-based Robots Market Size (2022)

US$ 4.25 Billion

Projected Market Value (2027)

US$ 6 Billion

Global Market Growth Rate (2022-2027)

7.1% CAGR

U.S X-ray-based Robots Market Share

20%

Key Companies Profiled

  • GE Healthcare
  • Hologic Inc.
  • Intermedical S.r.l.
  • Medtronic
  • Philips Healthcare
  • EMD Medical Technologies
  • Eurocolumbus s.r.l.
  • Shimadzu Corporation
  • Siemens Healthcare
  • Simad S.r.l.
  • Stephanix S.A Technix
  • Ziehm Imaging GMBH

Interested to Procure The Data

Demand Analysis of X-ray-based Robots (2017-2021) Vs. Market Estimations (2022-2027)

“Rising Need for Advanced Imaging Modalities for Patient Screening”

According to Fact.MR, a market research and competitive intelligence provider, the X-ray-based robots market is anticipated to increase at a CAGR of 7.1% from 2022 to 2027.

The most recent advancement in X-ray systems is robotic systems. Through automation, X-ray-based robots boost production. Digital radiography can be transformed by X-ray-based robots to offer cutting-edge imaging modalities. They can help to improve diagnostic and therapeutic services and streamline hospital workflows.

Clinical applications for X-ray-based robots include orthopedics, intervention, pain management, and trauma. A partial replacement for CT scanners is possible due to the high degree of precision and flexibility offered by X-ray-based robots.

The benefits of using X-ray-based robots have been a major factor in their acceptance; their speed and precision, as well as rapid processing times, enable far higher patient screening volumes than in the past. Due to this, businesses are now concentrating on advanced product creation and innovation.

X-ray-based robots are also used in industries such as aerospace, automotive, electronics, F&B, and defense.

X-ray-based robots market forecast by Fact.MR

What’s Governing X-ray-based Robots Market Evolution?

“Rapid Innovation in X-ray Robots to Increase Effectiveness of Medical Treatments”

The market for robotic X-rays is expanding as a result of technological improvements. X-ray-based robots are becoming more popular due to factors, including image quality, image acquisition speed, flexibility, detector form, and software.

As a result of advantages, including their capacity to analyze massive volumes of data and assess patients quickly, powerful robotic X-ray systems are becoming more and more in demand. Many businesses are creating digital systems that are more effective and highly functional.

These systems provide radiologists with diagnostic-quality images and stitching functionality to address a wide range of clinical applications. The market for X-ray-based robotics is growing because of innovation and the creation of cutting-edge technologies.

Surgeons have a minimally-invasive solution for seeing inside organs and tissues due to X-ray-based robots. Due to their ability to provide a clear picture of the operating area without the need for significant incisions, X-ray-based robots are in high demand.

Increased use of X-ray-based robots in the semiconductor and electronics industries is primarily attributable to the use of these robots for 3D packaging in the semiconductor industry and the incorporation of X-ray inspection into non-destructive testing of parts, PCB components, and solder joints in the electronics sector.

Industrial X-ray inspection systems are mostly used to check for flaws and faults in machinery and keep an eye on the health of assets. The food business puts a significant focus on product quality. Defects and quality problems can damage a product's reputation. Industrial X-ray inspection systems find a variety of pollutants and product flaws, defending manufacturers from product recalls.

By integrating a flat panel detector or CR scanner into a medical display monitor, X-ray-based robots can simply make the switch to digital technology. X-ray-based robots are utilized to increase workflow effectiveness. Hospitals, homes for the disabled, residential care facilities, and diagnostic clinics are the main settings for X-ray-based robots.

An Adaptive Approach to Modern-day Research Needs

What is Restraining Sales Growth of X-ray-based Robots?

“High Cost of X-ray-based Robots & Reimbursement Issues – Market Dampeners”

The price of X-ray-based robots is high and their installation costs are considered as well, raising the cost of treatment procedures. This has an impact on how quickly new methods are adopted, particularly in developing nations.

Due to their modest or constrained budgets, some hospitals are unable to purchase X-ray-based robots. The high cost of X-ray-based robots also steers end users away from innovative systems and toward refurbished ones.

This hinders imaging centers from investing in new diagnostic imaging modalities, which inhibits the growth of the total industry along with ongoing reductions in reimbursements for diagnostic imaging scans.

X-ray radiations have some severe concerns to consider, despite the many benefits of mobile X-ray machines. The body's cells could be harmed by the radiations the x-ray produces. The prolonged x-ray radiation could turn the cells cancerous.

Market expansion is being hampered by additional issues such as the absence of reimbursement policies and a lack of imaging infrastructure, particularly in developing and underdeveloped countries.

Which Recent Market Trends are Paving the Way for Start-up Companies?

“Aspiring Market Players Concentrating on Introduction of New Medical Imaging Solutions”

New businesses are expanding their R&D expenditures to develop innovative products and advanced imaging techniques. Delivering affordable and user-friendly medical imaging solutions to healthcare providers worldwide is the main goal of new entrants.

  • The innovative robotic imaging system 'RadalyX' was created by Radalytica, a start-up based in the U.S. It is capable of significantly expanding and improving the applicability of imaging methods to a wider portfolio of objects in both industry and science. This is made possible by a combination of new-generation X-ray imaging sensors and robots. Even in places where inspections were either impossible or only partially successful, RadalyX is turning into a highly potent instrument for non-destructive testing and diagnostics.

Why are X-ray-based Robot Companies Focusing on North America?

“Increasing Investments in Healthcare Infrastructure to Support Medical Innovation in North America”

North America accounts for the highest share in the X-ray-based robots market because of the rising adoption of robotic x-ray machines, rising implementation of robotic medical imaging equipment, financial stability to buy expensive medical imaging devices, rising demand for surgical imaging robots, and increasing investments in healthcare infrastructure to support medical innovation.

Factors propelling market growth in the region include an increase in the prevalence of chronic illnesses, an increase in the use of industrial X-ray systems, a fair reimbursement structure, and rising demand for X-ray-based robots for the precise diagnosis and treatment of such illnesses.

X-ray-based robots are essential for advancing modern manufacturing in Europe because they make it possible to examine the internal qualities and properties of products without inflicting surface or structural damage.

Country-wise Insights

How is the Market for X-ray-based Robots Progressing in the U.S.?

“Growing Public Awareness in the U.S. about Benefits of Early Disease Diagnosis”

The United States is anticipated to hold 20% share of the global X-ray-based robots market over the projection period.

The development of high-end X-ray-based robots is gaining traction, and these robots are adding AI into their imaging systems, which have shown excellent accuracy and sensitivity in the detection of imaging abnormalities. As a result, it is becoming more popular in the field of medical imaging.

Strong market penetration by leading industry players and rising acceptance of new technologies, increasing public and private investments, beneficial demographic trends, and growing public awareness of the benefits of early disease diagnosis are the factors driving market revenue in the U.S.

What is Supporting X-ray-based Robot Demand Growth in China?

“Supportive Government Initiatives & Evolution of X-ray Technology in China”

China is predicted to account for a significant share of the X-ray-based robots market over the forecast period. The market is expanding in China because of factors such as a growing elderly population, the evolution of X-ray technology, and the growing usage of radiosurgery and radiotherapy robots.

Rising disposable income, an increase in the prevalence of target diseases, and supportive government initiatives are the factors driving market expansion in China.

Category-wise Insights

Which Technology is Anticipated to Lead Revenue Generation?

“Rapid Deployment of Artificial Intelligence to Diagnose Patients Quickly & Accurately”

Based on technology, the X-ray-based robots market is divided into artificial intelligence, machine vision, collaborative robots, cognitive computing, sesotec X-ray, and twin robotics. Artificial intelligence technology accounts for the highest share in the global market

The industry has benefited from numerous ongoing research and development initiatives in this respect. Several businesses are currently engaged in R&D efforts to integrate AI into various imaging modalities, including X-ray-based robots.

Clinical professionals can diagnose patients more quickly and accurately with the aid of artificial intelligence technology. These developments have also sparked a trend toward positive AI adoption in X-ray-based robots.

Which End-use Industry Should X-ray-based Robot Vendors Penetrate?

“Growing Awareness of Preventive Healthcare & Illness Screening Programs Driving Demand for X-ray-based Robots in Healthcare Sector”

Based on end-use industry, the X-ray-based robots market is classified into healthcare (pulmonary, cardiovascular, orthopedics, oncology, and trauma), aerospace, automotive, electronics, food & beverages, and defense. The healthcare industry is predicted to hold a significant market share over the forecast period.

Market expansion is anticipated to be fueled by rising awareness and uptake of preventive healthcare and illness screening programs. It is anticipated that an improvement in image output quality will increase the accuracy of early disease diagnosis.

This can aid in the quicker detection and treatment of many life-threatening ailments, including cancer and cardiovascular diseases. The growing usage of X-ray-based robots for early diagnosis of diseases is expected to boost market growth.

Avail customized purchase options for your needs

Competitive Landscape

Market players are creating high-end X-ray-based robots for outstanding precision and sensitivity in the identification of imaging abnormalities. Key companies are forming strategic alliances to adopt and create cutting-edge software that will improve the outcomes of medical imaging.

For instance :

  • In 2021, an artificial intelligence system developed by GE Healthcare to assist medical practitioners in assessing Endotracheal Tube (ETT) placements was approved by the FDA. A transportable x-ray device has AI algorithms incorporated for automatic measurements, case prioritizing, and quality control.

Key Segments in X-ray-based Robots Industry Research

  • By Technology :

    • Artificial Intelligence
    • Machine Vision
    • Collaborative Robots
    • Cognitive Computing
    • Sesotec X-ray
    • Twin Robotics
  • By End-use Industry :

    • Healthcare
      • Pulmonary
      • Cardiovascular
      • Orthopedics
      • Oncology
      • Trauma
    • Aerospace
    • Automotive
    • Electronics
    • Food & Beverages
    • Defense
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

- FAQs -

The global market for X-ray-based robots is valued at US$ 4.25 billion in 2022.
The X-ray-based robots market is projected to reach US$ 6 billion by 2027.
The market for X-ray-based robots in Japan is set to rise at 4.5% CAGR through 2027.
GE Healthcare, Hologic Inc., and Medtronic are key manufacturers of X-ray-based robots.
The X-ray-based robots market is projected to expand at 7.1% CAGR through 2027.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Diagnostic Imaging Services Market

Diagnostic Imaging Services Market is expected to reach a valuation of US$ 1 Billion, growing at a C...

Microwave Imaging Market

Microwave Imaging Market research report covers detailed information on Global Microwave Imaging Mar...

Medical Equipment Maintenance Market

Global Medical Equipment Maintenance Market is anticipated to reach valuation of nearly US$ 60 Billi...

Veterinary Imaging Systems Market

Veterinary Imaging Systems Market to expand at an impressive CAGR through 2022. Sales of veterinary ...

- Our Clients -

Report Client