Market by Type (Rotating Anode Tube, Stationary X-ray Tube) Industry Vertical (Manufacturing, Healthcare, Food, Aerospace & Defense, Other Industry Verticals) and Country Outlook | Forecast 2024-2032
As per Triton’s research report, the Asia-Pacific X-ray tube market is estimated to progress in terms of revenue at a CAGR of 5.04% during the forecast period 2024-2032.
Report scope can be customized per your requirements - Request Free Sample Report
The X-ray market in the Asia-Pacific region is experiencing robust growth due to rapid urbanization and the expanding middle-class population, which leads to an increased demand for advanced healthcare services and diagnostic imaging. Governments in Asian countries are heavily investing in healthcare infrastructure and implementing policies to improve medical care access, which further stimulates market growth. Additionally, technological advancements, such as the development of digital X-ray systems and portable devices, high resolution X-ray tubes, enhance diagnostic accuracy and efficiency. Such factors have positively influenced the demand for X-ray tubes in the APAC region.
The countries analyzed in this region include:
China leads with a major market share, recording nearly $342.15 million in 2023.
As per OEC, China exported $3 billion worth of X-ray equipment in 2022 and was ranked as the third largest exporter of X-ray equipment globally.
Additionally, the country’s large demographics and rapidly growing medical care have made it an attractive investment destination for X-ray tube market players.
The government has also been implementing supportive policies to enhance the overall healthcare system, including the Health China 2030 plan, which aims to extend services to all and focuses on public health.
These initiatives to improve healthcare standards have led to an extensive use of X-ray tubes in medical applications, thereby driving the overall demand for X-ray tubes in the country.
X-ray Tube Market Forecast for India & Japan
The Indian healthcare sector is experiencing significant growth with the establishment of numerous healthcare units and diagnostic centers, positioning the country as a major medical tourism destination. Initiatives such as the Make in India Phased Manufacturing Programme (PMP) and high import duties on foreign technology are driving investments, improving local production quality, and making X-ray tubes more affordable.
According to World Integrated Trade Solution, with 29861 items, China was one of the top importers of X-ray tubes in Japan in 2022. This reflects a robust trade relation within the Asian countries. Japan is also among the top five global contributors to the sales and R&D of X-ray tube technology. The government in Japan is actively introducing new healthcare measures, including policy revisions and new programs such as the Integrated Community Care System and Japan Health Care Vision. As a result, the X-ray tube market is expected to grow rapidly due to the transformational phase of technology upgrades and the essential role of X-ray tubes in medical devices.
The X-ray tube market is segmented by type and industry vertical. Based on type, it is further classified into rotating anode tube and stationary X-ray tube. The former ones are extensively utilized in high-resolution devices like mammography, angiography, and computed tomography (CT). Vacuum bearings support the anode and rotate through electromagnetic induction generated by stator windings outside the evacuated tube. Consequently, the anode must be made from materials that can withstand high temperatures.
Contender Analysis in the X-ray Tube Market:
Canon Electron Tubes & Devices Co Ltd (Canon Inc) manufactures high-quality and reliable electron tubes and devices. It also manufactures key components for systems incorporating X-ray tubes, such as inspection systems for electronic and food parts and clinical diagnostic systems, as well as systems utilized in high-energy research. The company has segmented its business into X-ray tubes, microwave tubes, X-ray image intensifiers, X-ray flat panel detectors, and radiation detectors. It is headquartered in Japan and has sales networks in the United States, Europe, and China.
Other key contenders in the market include Koninklijke Philips NV, General Electric Healthcare, Canon Electron Tubes & Devices Co Ltd (Canon Inc), Lafco India Scientific Industries, Shanghai Keyway Electronic Technology Co Ltd, Gulmay Ltd, Comet Group, Malvern Panalytical Ltd, Oxford Instruments Plc, Siemens Healthineers AG, Varex Imaging Corporation, and Superior X-Ray Tube.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the X-ray tube market revenue growth in APAC and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the APAC X-ray tube market’s growth during the upcoming years
1. ASIA-PACIFIC
X-RAY TUBE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE X-RAY TUBE MARKET
2.1.1. COVID-19
IMPACT ON THE X-RAY TUBE MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. REGULATORY
FRAMEWORK
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. TUBE
HOUSING
2.4.2. VACUUM
ENVELOPE
2.4.3. FILAMENT
ASSEMBLY
2.4.4. ANODE
2.5. SUPPLY
CHAIN ANALYSIS
2.5.1. RAW
MATERIAL & COMPONENT SUPPLIER
2.5.2. DESIGN
AND FABRICATION/ASSEMBLY
2.5.3. OEM’S
2.5.4. END-USER
2.6. KEY
MARKET STRATEGIES
2.6.1. PRODUCT
LAUNCHES
2.6.2. ACQUISITIONS
2.6.3. BUSINESS
DIVESTITURES & EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. SURGE
IN HEALTHCARE INDUSTRY REQUIREMENTS
2.7.2. GROWTH
OPPORTUNITIES IN AEROSPACE & DEFENSE SECTOR
2.7.3. DEMAND
FOR ENHANCED QUALITY CONTROL IN MANUFACTURING
2.8. MARKET
CHALLENGES
2.8.1. STRICT
REGULATIONS IMPACTING THE MARKET
2.9. MARKET
OPPORTUNITIES
2.9.1. TECHNOLOGICAL
INNOVATIONS IN THE MARKET
2.9.2. GROWING
DEMAND FOR MOBILE/WIRELESS X-RAY SYSTEMS
2.9.3. EXPANDING
OPPORTUNITIES IN THE FOOD & BEVERAGE INDUSTRY
2.10. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
X-RAY TUBE MARKET – BY TYPE
3.1. ROTATING
ANODE TUBE
3.2. STATIONARY
X-RAY TUBE
4. ASIA-PACIFIC
X-RAY TUBE MARKET – BY INDUSTRY VERTICAL
4.1. MANUFACTURING
4.2. HEALTHCARE
4.3. FOOD
4.4. AEROSPACE
& DEFENSE
4.5. OTHER INDUSTRY
VERTICALS
5. ASIA-PACIFIC
X-RAY TUBE MARKET – BY COUNTRY OUTLOOK
5.1. ASIA-PACIFIC
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. CHINA
5.1.1.1.1. CHINA X-RAY
TUBE MARKET FORECAST & PROSPECTS
5.1.1.2. JAPAN
5.1.1.2.1. JAPAN X-RAY
TUBE MARKET FORECAST & PROSPECTS
5.1.1.3. INDIA
5.1.1.3.1. INDIA X-RAY
TUBE MARKET FORECAST & PROSPECTS
5.1.1.4. SOUTH
KOREA
5.1.1.4.1. SOUTH
KOREA X-RAY TUBE MARKET FORECAST & PROSPECTS
5.1.1.5. ASEAN
COUNTRIES
5.1.1.5.1. ASEAN
COUNTRIES X-RAY TUBE MARKET FORECAST & PROSPECTS
5.1.1.6. AUSTRALIA
& NEW ZEALAND
5.1.1.6.1. AUSTRALIA
& NEW ZEALAND X-RAY TUBE MARKET FORECAST & PROSPECTS
5.1.1.7. REST
OF ASIA-PACIFIC
5.1.1.7.1. REST
OF ASIA-PACIFIC X-RAY TUBE MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. KONINKLIJKE
PHILIPS NV
6.1.1. OVERVIEW
6.1.2. PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. GENERAL
ELECTRIC HEALTHCARE
6.2.1. OVERVIEW
6.2.2. PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. CANON
ELECTRON TUBES & DEVICES CO LTD (CANON INC)
6.3.1. OVERVIEW
6.3.2. PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. LAFCO
INDIA SCIENTIFIC INDUSTRIES
6.4.1. OVERVIEW
6.4.2. PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. COMET
GROUP
6.5.1. OVERVIEW
6.5.2. PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. MALVERN
PANALYTICAL LTD
6.6.1. OVERVIEW
6.6.2. PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. OXFORD
INSTRUMENTS PLC
6.7.1. OVERVIEW
6.7.2. PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. SIEMENS
HEALTHINEERS AG
6.8.1. OVERVIEW
6.8.2. PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. VAREX
IMAGING CORPORATION
6.9.1. OVERVIEW
6.9.2. PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. SHANGHAI
KEYWAY ELECTRONIC TECHNOLOGY CO LTD
6.10.1. OVERVIEW
6.10.2. PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
6.11. GULMAY
LTD
6.11.1. OVERVIEW
6.11.2. PORTFOLIO
6.11.3. KEY
STRENGTHS
6.11.4. KEY
CHALLENGES
6.12. SUPERIOR
X-RAY TUBE
6.12.1. OVERVIEW
6.12.2. PORTFOLIO
6.12.3. KEY
STRENGTHS
6.12.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC X-RAY
TUBE MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF BUSINESS
EXPANSIONS
TABLE 6: ASIA-PACIFIC X-RAY
TUBE MARKET, BY TYPE, 2024-2032 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC X-RAY
TUBE MARKET, BY INDUSTRY VERTICAL, 2024-2032 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC X-RAY
TUBE MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: KEY BUYING IMPACT
ANALYSIS
FIGURE 3: SUPPLY CHAIN
ANALYSIS
FIGURE 4: ASIA-PACIFIC X-RAY
TUBE MARKET, BY TYPE, 2023 & 2032 (IN %)
FIGURE 5: ASIA-PACIFIC X-RAY
TUBE MARKET, BY ROTATING ANODE TUBE, 2024-2032 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC X-RAY
TUBE MARKET, BY STATIONARY X-RAY TUBE, 2024-2032 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC X-RAY
TUBE MARKET, BY INDUSTRY VERTICAL, 2023 & 2032 (IN %)
FIGURE 8: ASIA-PACIFIC X-RAY
TUBE MARKET, BY MANUFACTURING, 2024-2032 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC X-RAY
TUBE MARKET, BY HEALTHCARE, 2024-2032 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC X-RAY
TUBE MARKET, BY FOOD, 2024-2032 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC X-RAY
TUBE MARKET, BY AEROSPACE & DEFENSE, 2024-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC X-RAY
TUBE MARKET, BY OTHER INDUSTRY VERTICALS, 2024-2032 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC X-RAY
TUBE MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 14: CHINA X-RAY TUBE
MARKET 2024-2032 (IN $ MILLION)
FIGURE 15: JAPAN X-RAY TUBE
MARKET 2024-2032 (IN $ MILLION)
FIGURE 16: INDIA X-RAY TUBE
MARKET 2024-2032 (IN $ MILLION)
FIGURE 17: SOUTH KOREA X-RAY
TUBE MARKET 2024-2032 (IN $ MILLION)
FIGURE 18: ASEAN COUNTRIES
X-RAY TUBE MARKET 2024-2032 (IN $ MILLION)
FIGURE 19: AUSTRALIA & NEW
ZEALAND X-RAY TUBE MARKET 2024-2032 (IN $ MILLION)
FIGURE 20: REST OF
ASIA-PACIFIC X-RAY TUBE MARKET 2024-2032 (IN $ MILLION)