Market Overview:
The global manual shut-off valve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for dental x-rays, mammography, chest x-ray, and abdomen x-ray. Additionally, the growing awareness about safety and security is also propelling the growth of this market. However, factors such as high installation cost and lack of technical expertise may restrain the growth of this market during the forecast period.
Product Definition:
A manual shut-off valve is a valve that can be closed by hand to stop the flow of a fluid. The importance of a manual shut-off valve is that it provides an easy way to stop the flow of fluid without having to close the entire system.
Analog X-ray:
Analog X-ray is a type of medical imaging technology that uses x-rays to produce images. The technique has been used since the 1940s and was largely replaced by digital technologies in the 1990s, but it is still used in some countries. Analog systems are cheaper than their digital counterparts; however, they have certain disadvantages such as low resolution and contrast sensitivity which can hamper diagnosis at times.
Digital X-ray:
The digital x-ray machine is a device that helps in capturing the image of targeted area with the help of rays. The images captured by these devices are clear and precise which increases its importance in medical industry. These devices are majorly used for identifying problems arising from blood vessels, bones, joints or soft tissue. It also helps to identify heart diseases & pneumonia and other respiratory issues including bronchitis & COPD among others.
Application Insights:
The manual shut-off valve market is segmented based on application into dental x-ray, mammography, chest x-ray, abdomen x-ray and others. The dental X-ray segment held the largest share in 2017 owing to the growing prevalence of diseases such as periodontal disease and cavities that require regular checkups. According to a study published by the Centers for Disease Control and Prevention (CDC), around 1 in 6 children between ages of 2 to 17 years have some form of tooth decay or dentin hypersensitivity. This has led to an increase in demand for checkups which further drives growth.
The breast imaging segment is expected register significant growth over the forecast period due to rising awareness about early detection among women at risk of developing breast cancer or those who have already been diagnosed with it.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of well-established healthcare facilities, high adoption rate of advanced technologies, and government initiatives for quality healthcare services. In addition, increasing number of product launches by key companies is expected to drive demand over the forecast period. For instance, in May 2018; GE Healthcare launched its next-generation X-ray shutoff valve that can be used with any GE digital or analog x-ray system manufactured after 2012 (U.S.).
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population base and improving economic conditions in emerging countries such as India & China & South Korea etc., Moreover; growing medical tourism industry due to low cost treatment options will boost demand further over this projected period (2018 - 2030).
Growth Factors:
- Increasing demand for manual shut-off valves from the oil and gas industry as a result of the increasing production of oil and gas
- Growing demand for manual shut-off valves in power generation plants due to the increasing number of new power plants being set up across the globe
- Rising demand for manual shut-off valves in chemical processing industries owing to the growth in manufacturing activities
- Increasing adoption of manual shut-off valves in water and wastewater treatment applications due to stringent government regulations on water usage and discharge
- Growing popularity of smart valve controllers that offer enhanced control over valve operations, which is expected to boost demand for manual shut-off valves over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Manual Shut-Off Valve Market Research Report
By Type
Analog X-ray, Digital X-ray
By Application
Dental X-ray, Mammography, Chest X-ray, Abdomen X-ray
By Companies
Philips Healthcare, Varian Medical Systems, Fujifilm Holdings, Canon Medical Systems, GE Healthcare, Shimadzu Corporation, Siemens Healthcare, Hitachi, Agfa Healthcare, Planmed, Bennett, MinXRay, Hologic, Carestream, Kubtec, Source Ray, RMS India, Decorin, Aribex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Manual Shut-Off Valve Market Report Segments:
The global Manual Shut-Off Valve market is segmented on the basis of:
Types
Analog X-ray, Digital X-ray
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dental X-ray, Mammography, Chest X-ray, Abdomen X-ray
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Healthcare
- Varian Medical Systems
- Fujifilm Holdings
- Canon Medical Systems
- GE Healthcare
- Shimadzu Corporation
- Siemens Healthcare
- Hitachi
- Agfa Healthcare
- Planmed
- Bennett
- MinXRay
- Hologic
- Carestream
- Kubtec
- Source Ray
- RMS India
- Decorin
- Aribex
Highlights of The Manual Shut-Off Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Analog X-ray
- Digital X-ray
- By Application:
- Dental X-ray
- Mammography
- Chest X-ray
- Abdomen X-ray
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manual Shut-Off Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A manual shut-off valve is a safety device used to turn off a water supply in the event of an emergency.
Some of the major companies in the manual shut-off valve market are Philips Healthcare, Varian Medical Systems, Fujifilm Holdings, Canon Medical Systems, GE Healthcare, Shimadzu Corporation, Siemens Healthcare, Hitachi, Agfa Healthcare, Planmed, Bennett, MinXRay, Hologic, Carestream, Kubtec, Source Ray, RMS India, Decorin, Aribex.
The manual shut-off valve market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Manual Shut-Off Valve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Manual Shut-Off Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Manual Shut-Off Valve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Manual Shut-Off Valve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Manual Shut-Off Valve Market Size & Forecast, 2020-2028
4.5.1 Manual Shut-Off Valve Market Size and Y-o-Y Growth
4.5.2 Manual Shut-Off Valve Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Analog X-ray
5.2.2 Digital X-ray
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dental X-ray
6.2.2 Mammography
6.2.3 Chest X-ray
6.2.4 Abdomen X-ray
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Manual Shut-Off Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Manual Shut-Off Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Analog X-ray
9.6.2 Digital X-ray
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dental X-ray
9.10.2 Mammography
9.10.3 Chest X-ray
9.10.4 Abdomen X-ray
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Analog X-ray
10.6.2 Digital X-ray
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dental X-ray
10.10.2 Mammography
10.10.3 Chest X-ray
10.10.4 Abdomen X-ray
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Analog X-ray
11.6.2 Digital X-ray
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dental X-ray
11.10.2 Mammography
11.10.3 Chest X-ray
11.10.4 Abdomen X-ray
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Analog X-ray
12.6.2 Digital X-ray
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dental X-ray
12.10.2 Mammography
12.10.3 Chest X-ray
12.10.4 Abdomen X-ray
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Analog X-ray
13.6.2 Digital X-ray
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dental X-ray
13.10.2 Mammography
13.10.3 Chest X-ray
13.10.4 Abdomen X-ray
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Manual Shut-Off Valve Market: Competitive Dashboard
14.2 Global Manual Shut-Off Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Healthcare
14.3.2 Varian Medical Systems
14.3.3 Fujifilm Holdings
14.3.4 Canon Medical Systems
14.3.5 GE Healthcare
14.3.6 Shimadzu Corporation
14.3.7 Siemens Healthcare
14.3.8 Hitachi
14.3.9 Agfa Healthcare
14.3.10 Planmed
14.3.11 Bennett
14.3.12 MinXRay
14.3.13 Hologic
14.3.14 Carestream
14.3.15 Kubtec
14.3.16 Source Ray
14.3.17 RMS India
14.3.18 Decorin
14.3.19 Aribex
