Global x-ray market could triple by 2021

An aging population and the resulting demand for diagnostic and therapeutic imaging equipment is expected to propel the global 2D x-ray equipment market this decade.

A new market research report from Life Science Industry Research predicts the market will grow from $5 billion in 2014 to $16.9 billion by 2021.

Technological advances, government investment, an increase in disease prevalence, and increasing competition from more systems being approved are also expected to fuel growth.

In addition, major underdeveloped regions of the world, particularly China, will continue to seek this technology as healthcare facilities improve and expand, according to the report.

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