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Asia Pacific X-Ray Tube Market Forecast 2021-2028

KEY FINDINGS
The Asia Pacific X-ray tube market is anticipated to register a CAGR of 4.58%, during the forecast period of 2021 to 2028. The region's market growth is primarily attributed to factors, including, the surging need for diagnostic systems, the growing population base with considerable medical needs, and the developments across the healthcare sector.

MARKET INSIGHTS
The Asia Pacific X-ray tube market growth is assessed by evaluating Vietnam, India, Thailand, Japan, South Korea, Australia & New Zealand, Indonesia, China, and the rest of the Asia Pacific. India is among the fastest-growing economies, worldwide. The country's healthcare sector observes tremendous growth, owing to numerous diagnostic centers and healthcare units being established. Moreover, India is also emerging as a key destination for medical tourism. Since X-ray tunes are an indispensable part of the majority of devices across medical centers, India's X-ray tube market is projected to grow swiftly, during the forecast period. Presently, India's market is in the transformational phase, with most of the existing technologies, replaced by improved and advanced technologies. The medical centers' rising consumer base is expected to further bolster the market, over the upcoming years.
On the other hand, Indonesia is one of the latest markets, presenting international mid- and smaller-sized medical device enterprises, with substantial opportunities. This is mainly attributed to their medical device regulatory, and importation requirements being more transparent. Indonesia also provides medical device manufacturers with a profitable and developing market. Hence, these factors are anticipated to fuel market growth, during the forecast years.

COMPETITIVE INSIGHTS
Leading companies operating in the market include, Canon Electron Tubes & Devices Co Ltd, Lafco India Scientific Industries, Siemens AG, etc.

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Asia Pacific X-Ray Tube Market Forecast 2021-2028
Published By :Inkwood Research
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