AUS
NZ
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LONDON, GREATER LONDON, UK, June 26, 2024 /EINPresswire.com/ -- The industrial x-ray tubes market has shown robust growth in recent years, expanding from $0.9 billion in 2023 to $0.97 billion in 2024, marking a compound annual growth rate (CAGR) of 8.2%. This growth can be attributed to the increasing prevalence of venous disorders, post-surgery prevention, and a rising aging population, all of which have heightened the demand for non-destructive testing (NDT) and measurement of items with flaws.
Increasing Ambulatory Surgery and Preventive Healthcare Fuel Market Expansion
The forecast for the industrial x-ray tubes market anticipates continued strong growth, reaching $1.27 billion by 2028 with a CAGR of 6.9%. This growth will be driven by expanding applications in lymphedema management, global initiatives towards preventive healthcare, and advancements in sports medicine and rehabilitation. Key trends in this period include the integration of smart technologies and the rise of home-based use of IPC devices.
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Key Players and Market Innovation
Major companies such as General Electric SE, Siemens Healthineers AG, and Varex Imaging Corporation are focusing on developing innovative products like high-resolution x-ray tubes to enhance market profitability. For example, Excillum launched the NanoTube N3 in December 2021, a high-resolution x-ray tube designed for advanced NDT in industries requiring superior imaging capabilities.
Market Segments
• Type:
• Ceramic Tube
• Glass Tube
• Cermet Tube
• Application:
• Non-Destructive Testing
• X-Ray Analysis
• Coating Thickness Measurement
• End-User:
• Manufacturing
• Healthcare
• Food
• Aerospace And Defense
• Other End-Users
Regional Insights: Asia-Pacific to Lead Growth
North America dominated the industrial x-ray tubes market in 2023, with Asia-Pacific projected as the fastest-growing region in the forecast period. Detailed insights into regional dynamics, market trends, and growth opportunities are available in the comprehensive report.
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Industrial X-Ray Tubes Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Industrial X-Ray Tubes Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on industrial x-ray tubes market size, industrial x-ray tubes market drivers and trends, industrial x-ray tubes market major players, competitors' revenues, market positioning, and market growth across geographies. The industrial x-ray tubes market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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