Latest Updates of Companies in the X-Ray Market with Market Forecast 2026-2035
Company Updates
| Company | Headquarters | Latest Update |
| Koninklijke Philips N.V. | Netherlands | In January 2025, Philips unveils AI-Enabled CT 5300 and showcases helium-free MRI at AOCR 2025 · Healthcare professionals explore AI-driven imaging solutions. |
| Shimadzu Corporation | Japan | In October 2025, Shimadzu Corporation launched the inspeXio 7000 microfocus X-ray CT system. This model retains the high-resolution, high-contrast CT imaging capabilities of its predecessor, inspeXio SMX-225CT FPD HR Plus. |
| Siemens | Germany | In November 2025, Siemens Healthineers launched artificial intelligence-driven solutions to support healthcare providers in addressing a range of challenges from hands-on image interpretation to complex scenario planning for entire healthcare environments. |
| Hologic Inc. | United States | Hologic is a foremost developer, manufacturer, and supplier of premium diagnostic and healthcare imaging systems devoted to serving the healthcare requirements of women. |
| Mindray Medical International Limited | China | Mindray launched its BeneVision V Series patient monitoring solution at Euroanaesthesia 2025 in Lisbon. |
| Onex Corporation | Canada | In February 2025, Onex completed the $7 billion acquisition of Convex, a field insurance and reinsurance organization, with AIG as a partner |
Value Chain Analysis
R&D
- Research and Development in X-ray services encompasses both the innovation of novel imaging hardware/software and the optimization of technical procedures to improve diagnostic precision, lower radiation dosage, and enhance workflow effectiveness.
- Key Players: Siemens Healthineers and GE HealthCare
Manufacturing Processes
- Manufacturing processes in X-ray services significantly include the specialized engineering and production of X-ray tubes, along with the manufacturing of detectors and the assembly of the generator and housing components.
- Key Players: Koninklijke Philips N.V. and Fujifilm Holdings Corporation
Patient Support & Services
- Patient services in X-ray imaging include an inclusive, patient-focused process intended to produce diagnostic images of internal body structures safely and efficiently.
- Key Players: Canon Medical Systems Corporation and Carestream Health, Inc.
Market Forecast 2026-2035
The global X-ray market size was estimated at USD 16.21 billion in 2025 and is predicted to increase from USD 17.25 billion in 2026 to approximately USD 30.25 billion by 2035, expanding at a CAGR of 6.44% from 2026 to 2035.
Recent Developments in the X-Ray Market
- In November 2025, a novel medical imaging technology company, NANO-X IMAGING LTD, announced that it had entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 3,826,530 ordinary shares in a registered direct offering.
- In July 2025, GE HealthCare will commercially release its advanced floor-mounted digital X-ray system, Definium Pace Select ET1, intended to deliver high-image quality and optimize efficiency in extremely demanding environments while improving access and affordability.
- In February 2025, DeepHealth, Inc., a worldwide leader in AI-driven health informatics and a wholly-owned subsidiary of RadNet, Inc., introduced next-generation AI-powered radiology informatics and population screening solutions at the European Congress of Radiology (ECR) 2025 in Vienna.
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Keypoints
- Company Overview
- Locations Subsidiaries/Geographic reach
- Key Executives
- Company Financials
- Patents registered
- SWOT Analysis
- Applications Catered
- Strategic collaborations
- Recent Developments
- Competitive Benchmarking
