Business

India's X-ray Systems Market Forecasted to Expand by 3% CAGR Through 2023-2033: Global Data

• By Newsdesk
• London
• Oct 13, 2023

Business

The surge in chronic diseases like tuberculosis and lifestyle-related health issues has led to a significant uptick in the use of diagnostic equipment in India. In this context, GlobalData predicts a roughly 3 percent compound annual growth rate for India's X-ray systems market between 2023 and 2033.

According to GlobalData's recent report titled 'India X-Ray Systems Market Size (Value, Volume, ASP) by Segments, and Forecast, 2015-2033,' India's X-ray systems market comprises approximately 15 percent of the Asia-Pacific market in 2023.

Nandini Nagpal, a Medical Devices Analyst at GlobalData, emphasized that while X-ray systems are vital in medicine, they come with limitations like radiation exposure, image quality, and portability. These challenges underscore the need for innovative solutions to enhance X-ray system efficiency.

Remedi Co Ltd, a South Korean radiology company, is in discussions with Indian firm Invencer Health Pvt Ltd to introduce REMEX KA-6, a handheld X-ray system, in India. The REMEX KA-6 boasts a patented adjustable active area collimator, offering high-quality X-ray images and improved clinical coverage while minimizing radiation exposure.

Nagpal concluded by highlighting the inadequacy of existing diagnostic imaging solutions to meet the growing demands of India's population, particularly in smaller towns and rural areas. She stressed the importance of further advancements in this sector to empower radiologists to provide faster and more accurate diagnoses, ultimately improving the patient experience.