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NORTH AMERICA X-RAY TUBE MARKET FORECAST 2021-2028

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NORTH AMERICA X-RAY TUBE MARKET FORECAST 2021-2028

The North America X-ray tube market is projected to register a CAGR of 3.88%, over the forecast period of 2021 to 2028. The region’s market growth is propelled by key drivers, such as, the wide application of X-ray tubes across the healthcare, aerospace, and manufacturing industries. The North America X-ray tube market growth analysis includes the assessment of the United States and Canada. The United States’ aerospace industry is among the primary demand sources of X-ray tubes.

NORTH AMERICA X-RAY TUBE MARKET FORECAST 2021-2028

North America X-ray Tube Market by Type (Rotating Anode Tube, Stationary X-ray Tube) End-user (Manufacturing, Healthcare, Food, Aerospace & Defense, Others) and by Geography.

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The North America X-ray tube market is projected to register a CAGR of 3.88%, over the forecast period of 2021 to 2028. The region’s market growth is propelled by key drivers, such as, the wide application of X-ray tubes across the healthcare, aerospace, and manufacturing industries.
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The North America X-ray tube market growth analysis includes the assessment of the United States and Canada. The United States’ aerospace industry is among the primary demand sources of X-ray tubes. The country’s increasing trend of commercial aircraft and helicopter production is crucial in fueling market growth, across non-destructive testing applications. Several foreign firms are also inclined towards the United States’ aerospace market, owing to the industry exporting over 60% of the overall production.

On the other hand, as per the United States Department of Commerce, the country’s aerospace industry contributed nearly $118 billion, to the United States’ economy, in terms of export sales. Estimations also depict that the number of large commercial planes is expected to grow at a rate of at least 3.5%, annually, valued at $4.5 trillion over the next two decades. As a result, the aircraft division’s demand is a fundamental aspect, driving the non-destructive applications’ growth.

X-ray tubes are also being deployed across the country, for diverse purposes, such as inspection. For instance, in June 2019, the United States deployed X-ray technology in order to detect the transmission of illicit drugs, at the border. Hence, these factors are anticipated to facilitate the X-ray tube market in the United States, over the forecast period.

Varex Imaging Corporation, headquartered in the United States, manufactures and distributes X-ray imaging components. The company’s operating segments include medical and industrial. It also offers proprietary image processing as well as detection software, developed to work with several other Varex products, to provide industrial customers with packaging solutions.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET DEFINITION
      •    KEY DRIVERS
        • INCREASING DEMAND FOR DIAGNOSTIC INSTRUMENTS IN HEALTHCARE SECTOR
        • TECHNOLOGICAL INNOVATIONS
      •    KEY RESTRAINTS
        • STRICT REGULATIONS FOR X-RAY EQUIPMENT
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON X-RAY TUBE MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
    2. MARKET BY TYPE
      • ROTATING ANODE TUBE
      • STATIONARY X-RAY TUBE
    3. MARKET END-USER
      • MANUFACTURING
      • HEALTHCARE
      • FOOD
      • AEROSPACE & DEFENSE
      • OTHERS
    4. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
      •    COMPANY PROFILES
        • CANON ELECTRON TUBES & DEVICES CO LTD (CANON INC)
        • COMET GROUP
        • GENERAL ELECTRIC HEALTHCARE
        • KONINKLIJKE PHILIPS NV
        • LAFCO INDIA SCIENTIFIC INDUSTRIES
        • MALVERN PANALYTICAL LTD
        • OXFORD INSTRUMENTS PLC
        • SIEMENS AG
        • VAREX IMAGING CORPORATION
        • YXLON INTERNATIONAL

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – X-RAY TUBE

    TABLE 2: NORTH AMERICA X-RAY TUBE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: NORTH AMERICA X-RAY TUBE MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA X-RAY TUBE MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: NORTH AMERICA X-RAY TUBE MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA X-RAY TUBE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: NORTH AMERICA X-RAY TUBE MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    LIST OF FIGURES

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: NORTH AMERICA X-RAY TUBE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 7: NORTH AMERICA X-RAY TUBE MARKET, BY ROTATING ANODE TUBE, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA X-RAY TUBE MARKET, BY STATIONARY X-RAY TUBE, 2021-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA X-RAY TUBE MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 10: NORTH AMERICA X-RAY TUBE MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA X-RAY TUBE MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA X-RAY TUBE MARKET, BY FOOD, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA X-RAY TUBE MARKET, BY AEROSPACE & DEFENSE, 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA X-RAY TUBE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA X-RAY TUBE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 16: UNITED STATES X-RAY TUBE MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 17: CANADA X-RAY TUBE MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. MARKET BY TYPE
      • ROTATING ANODE TUBE
      • STATIONARY X-RAY TUBE
    2. MARKET END-USER
      • MANUFACTURING
      • HEALTHCARE
      • FOOD
      • AEROSPACE & DEFENSE
      • OTHERS

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