LATIN AMERICA X-RAY TUBE MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

LATIN AMERICA X-RAY TUBE MARKET 2022-2028

Market by Type, Industry Vertical, and Country Outlook | Forecast 2022-2028

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According to Triton’s research report, the X-ray tube market in Latin America is envisioned to propel with a CAGR of 4.28% during the forecasting years from 2022 to 2028.



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The countries analyzed in the region include:

•         Brazil

•         Mexico

•         Rest of Latin America

In Latin America, Brazil captures the majority of the shares in the X-ray tube market. In recent years, the region’s nations have improved their healthcare technologies. The governments have enforced stringent controls to enable the import of used equipment for diagnostics. This has also resulted in a rise in the import of X-ray tubes from the US due to free trade agreements. Besides, the well-developed healthcare sector has added to the studied market’s growth across the region.

Brazil’s industrial sectors are booming, leading the country to rank 8th in terms of global manufacturing output. The X-ray phase contrast-enhanced imaging is increasingly being employed in the non-destructive quality assessment of food. Moreover, the rise in purchasing power, entry of new players, higher healthcare expenditure, rising elderly population, and government initiatives are adding to the healthcare sector’s growth. These factors thus indicate the high demand for X-ray tubes, ultimately creating new opportunities for the X-ray tube market.

Mexico’s manufacturing sector has also grown significantly over the years due to its proximity to the US and wage inflation in China. Other than this, the country’s automotive, aviation, aerospace, and medical devices sectors have grown. Such industrial developments are estimated to increase the demand for X-ray tubes for multiple applications, thereby opening avenues for the Mexican market.

Digitalization has replaced conventional technologies in the manufacturing sector. In this regard, X-ray tubes have contributed significantly through digital imaging systems. These tubes integrated with imaging technologies are widely used for radiographic techniques, ensuring seamless operations of different production management systems. The market’s scope is asserted in terms of industrial vertical and type. Based on the industrial vertical, it is divided into manufacturing, food, aerospace & defense, healthcare, and other industry verticals.

Varex Imaging Corporation, Siemens Healthineers AG, Malvern Panalytical Ltd, Oxford Instruments Plc, and Comet Group are some of the companies in the market.

Varex Imaging Corporation is engaged in designing and manufacturing linear accelerators, X-ray tubes, digital detectors, and other image-processing solutions. It operates through segments such as industrial and medical. The industrial segment offers X-ray imaging products for numerous applications, including baggage screening, cargo screening, and non-destructive testing. Varex has operations across various regions, including Latin America.

 

Key deliverables of the report:

      Market CAGR during the forecasting years 2022-2028

      Detailed data highlighting key insights, industry components, and market strategies


  Comprehensive information and estimation of the X-ray tube market revenue growth in Latin America and its influence on the parent market


      In-depth study of forthcoming trends in consumer behavioral patterns


      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces


      A wide-ranging study of factors that will challenge the LA X-ray tube market’s growth during the upcoming years

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Table of Content

1. LATIN AMERICA X-RAY TUBE MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. MAJOR COMPONENTS OF X-RAY TUBES

2.1.1. ENVELOPE

2.1.2. CATHODE

2.1.3. ANODE

2.1.4. PROTECTIVE HOUSING

2.2. KEY INSIGHTS

2.2.1. TECHNOLOGICAL INNOVATIONS IN THE MARKET

2.2.2. INCREASED USAGE OF X-RAY TECHNOLOGY AT AIRPORT SECURITY

2.2.3. AUTOMOTIVE MANUFACTURING IS A KEY SECTOR IN THE MARKET

2.3. IMPACT OF COVID-19 ON THE X-RAY TUBE MARKET

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTES

2.4.3. BARGAINING POWER OF BUYERS

2.4.4. BARGAINING POWER OF SUPPLIERS

2.4.5. THREAT OF COMPETITIVE RIVALRY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. INDUSTRY COMPONENTS

2.7. VENDOR SCORECARD

2.8. KEY MARKET STRATEGIES

2.8.1. ACQUISITIONS

2.8.2. PRODUCT LAUNCHES

2.8.3. PARTNERSHIPS & AGREEMENTS

2.9. MARKET DRIVERS

2.9.1. GROWING NEED FOR QUALITY CONTROL IN THE MANUFACTURING INDUSTRY

2.9.2. INCREASED DEMAND FROM THE HEALTHCARE INDUSTRY

2.9.3. GROWTH IN THE AEROSPACE AND DEFENSE SECTOR

2.10. MARKET CHALLENGE

2.10.1. STRICT REGULATIONS IMPACTING THE MARKET

2.11. MARKET OPPORTUNITIES

2.11.1. GROWING DEMAND FOR MOBILE/WIRELESS X-RAY SYSTEMS

2.11.2. GROWTH OPPORTUNITIES FROM THE FOOD & BEVERAGE INDUSTRY

3. LATIN AMERICA X-RAY TUBE MARKET OUTLOOK - BY TYPE

3.1. ROTATING ANODE TUBE

3.2. STATIONARY X-RAY TUBE

4. LATIN AMERICA X-RAY TUBE MARKET OUTLOOK - BY INDUSTRY VERTICAL

4.1. MANUFACTURING

4.2. HEALTHCARE

4.3. FOOD

4.4. AEROSPACE & DEFENSE

4.5. OTHER INDUSTRY VERTICALS

5. LATIN AMERICA X-RAY TUBE MARKET - COUNTRY OUTLOOK

5.1. BRAZIL

5.2. MEXICO

5.3. REST OF LATIN AMERICA

6. COMPETITIVE LANDSCAPE

6.1. DUNLEE (PHILIPS COMPANY GROUP)

6.2. GENERAL ELECTRIC HEALTHCARE

6.3. CANON ELECTRON TUBES & DEVICES CO LTD (CANON INC)

6.4. LAFCO INDIA SCIENTIFIC INDUSTRIES

6.5. COMET GROUP

6.6. MALVERN PANALYTICAL LTD

6.7. OXFORD INSTRUMENTS PLC

6.8. SIEMENS HEALTHINEERS AG

6.9. VAREX IMAGING CORPORATION

6.10. YXLON INTERNATIONAL

6.11. GULMAY

6.12. SUPERIOR X-RAY TUBE

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: LATIN AMERICA X-RAY TUBE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: MAJOR AUTOMOTIVE RECALLS IN HISTORY

TABLE 3: VENDOR SCORECARD

TABLE 4: LATIN AMERICA X-RAY TUBE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 5: LATIN AMERICA X-RAY TUBE MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA X-RAY TUBE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: INDUSTRY COMPONENTS

FIGURE 3: SHARE OF MANUFACTURING AS % OF GDP OF SOME EMERGING AND DEVELOPED COUNTRIES

FIGURE 4: LATIN AMERICA X-RAY TUBE MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 5: LATIN AMERICA X-RAY TUBE MARKET, BY ROTATING ANODE TUBE, 2022-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA X-RAY TUBE MARKET, BY STATIONARY X-RAY TUBE, 2022-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA X-RAY TUBE MARKET, BY INDUSTRY VERTICAL, 2021 & 2028 (IN %)

FIGURE 8: LATIN AMERICA X-RAY TUBE MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA X-RAY TUBE MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA X-RAY TUBE MARKET, BY FOOD, 2022-2028 (IN $ MILLION)

FIGURE 11: LATIN AMERICA X-RAY TUBE MARKET, BY AEROSPACE & DEFENSE, 2022-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA X-RAY TUBE MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA X-RAY TUBE MARKET, BY COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: BRAZIL X-RAY TUBE MARKET 2022-2028 (IN $ MILLION)

FIGURE 15: MEXICO X-RAY TUBE MARKET 2022-2028 (IN $ MILLION)

FIGURE 16: REST OF LATIN AMERICA X-RAY TUBE MARKET 2022-2028 (IN $ MILLION)

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