South America Portable X Ray Devices Market Size (2024 - 2029)

South American Portable X Ray Devices Market Analysis

The South America Portable X Ray Devices Market size is estimated at USD 492.95 million in 2024, and is expected to reach USD 688.49 million by 2029, growing at a CAGR of 6.91% during the forecast period (2024-2029).

In South American countries the geriatric population is rising which is driving the market growth. For instance, according to United Nations Department of Economic and Social Affairs, In Brazil there are around 19,526 population aged over 60 years in 2019. The number is estimated to reach 30,413 by 2030. The aging process is commonly associated with the onset of increased risks of chronic diseases and weakness in the bones and muscles.

In addition, Elderly patients face high risks of developing various disorders, such as orthopedic disorders, lung problems, and abdominal disorders. Thus, due to a rapid increase in the geriatric population, the prevalence of age-associated disorders has witnessed an increase, which, in turn, has resulted in the expansion of the market.

Furthermore, rising technological advancements and H]huge funding for R&D of portable technologies by private players and the governments is also propelling the overall market growth.

South American Portable X Ray Devices Industry Segmentation

As per the scope of this report, a portable x-ray device is a wireless digital X-ray imaging device for mobile health providers such as doctors and first aid workers in field situations, during home care and in old age homes, as well as for medically oriented aid organizations, ships and offshore platforms. X-rays are a form of electromagnetic radiation of high energy and very short wavelength, which are able to pass through materials and solid objects, including the body.