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(Health-NewsWire.Net, November 01, 2021 )
Market Overview
X-ray cassette is a flat, light-tight container in which x-ray films are placed for exposure to ionizing radiation. The backside of the cassette has a rubber or felt for adequate contact between the screen film system or with the imaging plate.
The front of the cassette is made of a low atomic number material (e.g., plastic or carbon) to enable ease in the passage of x-rays, and the back is made of a high atomic number material (e.g., lead) to reduce backscatter.
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Market Dynamics
The global x-ray cassette market growth is driven by the increasing adoption of imaging techniques in the healthcare sector, rising patient visits to physicians for minor bone injury due to sports, work, increasing incidences of road accidents, injury and trauma and advancements in technology and increasing product approvals.
Increasing incidences of road accidents, injury and trauma coupled with the increasing adoption of various strategies by few market players are expected to drive the market growth
Rising incidences of road accidents, injury, and trauma around the globe are expected to drive the global x-ray cassettes market growth. For instance, according to the World Health Organization (WHO) 2018 report, road traffic crashes cost most countries 3% of their gross domestic product, around 90% of the world's fatalities on the roads occur in middle and low-income economies. Also, road accidents are the leading cause of death among people aged between 15 and 29 years. More than 1.25 million people die annually as a result of road accidents.
In addition, market players are adopting several market strategies such as partnership, mergers, collaboration, and renewal of government ISO certification to retain a leading position in the x-ray cassettes market. For instance, in March 2019, - Royal Philips, a global leader in health technology, acquired the Healthcare Information Systems business of Carestream Health Inc., a US-based provider of medical imaging and healthcare IT solutions for hospitals, imaging centers and specialty medical clinics.
Furthermore, in April 2018, Merry X-Ray Corporation (MXR) announced the purchase of Nationwide Imaging Services, Inc. Nationwide is an international broker, re-conditioner/reseller, parts-supplier, and servicer of medical imaging equipment. New product launches in the market are also expected to increase market growth.
For instance, Konica Minolta, Inc launched the AeroDR 3 1417HD*1, a cassette-type digital X-ray system, in December 2016. An extremely high-definition wireless portable DR*2 system, the AeroDR 3 1417HD is the new flagship model of Konica Minolta’s AeroDR series that is ideal for use in a wider range of environments, including a patient’s bedside, ICUs, emergency departments and operating rooms as well as radiography rooms.
Market Segmentation
Global X-Ray Cassette Market – By Product Type
• Normal
• With Window
Global X-Ray Cassette Market – By End-User
• Hospitals
• Laboratories
• Clinics
• Others
Global X-Ray Cassette Market - By Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
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Competitive Landscape
The global x-ray cassette market is highly competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Rego X-Ray GmbH, CAWO, Wolf X-Ray Corporation, CABLAS, PRIMAX GmbH, AliMed, Kiran, 3M, RADAC and Abonemed.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, Integral Diagnostics Limited announced that they are acquiring The X-Ray Group with a $37.5m deal. The acquisition is expected to be completed in November 2021.
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DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
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