Rising number of hospitals, diagnostic centers driving x-ray equipment market in India

March 1, 2013 - PRLog -- Netscribes, a knowledge consulting solutions company, announces the launch of its report on X-Ray Market in India 2013. The Indian x-ray equipment industry is growing steadily owing to the growing popularity of the digital segment. Currently, the market is dominated by analog models. The usage of digital models is increasing as people are becoming aware of newer technology and their perceptions are changing. Digital units are however priced higher than analog ones which have been traditionally present in the market. Due to growing target population, the market offers huge prospects for players to grow and serve the market in a lucrative way.

The report provides a snapshot of the x-ray equipment market. It begins with a section on the major macro economic indicators of India, highlighting the present economic scenario prevalent in the country. It is followed by the introduction section which briefly discusses the uses and functions of x-ray equipments.

It also includes a brief description of the various types of x-ray machines and provides a comparative analysis of the major diagnostic imaging modalities. This is followed by the market overview section which provides an insight into the market and highlights the market size and growth of x-ray equipments in the country, both for the overall diagnostic imaging market and for the individual segments. Export and import figures for x-ray equipments, in terms of volume as well as value have been provided in the next section. This section further includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market. This includes increasing number of hospitals and diagnostic centers, rising incidents of injuries, increasing number of osteoporosis patients, advancements in technology and innovation, which include the introduction of equipments like digital x-ray machines and portable digital x-ray machine and convenient and time saving features. The main challenges to the market are the hazardous radiation effects and poor after-sales service. The government regulations section describes some of the regulatory steps taken by the government which include the installation procedure, personnel requirements and duties, and safety measures.

The competitive landscape section provides an overview of the competitive scenario in the industry and includes detailed profiles of the major players in the market. It begins with the Porter’s Five Forces Analysis, which illustrates the competitive rivalry, bargaining power of suppliers and buyers and threats of new entrants and substitutes.

It also includes competitive benchmarking of the top players operating in the Indian x-ray equipment market. The report provides profiles of the major domestic and foreign players in the market and a snapshot of their financial performance along with the key financial ratios, business highlights, their product portfolio and SWOT analysis, thus providing an insight into the existing competitive scenario.

A section providing strategic recommendations has also been added at the end of the report which gives effective solutions to existing and potential players for improving their market share and increasing their profitability.