X-Ray Detectors Market Worth $3,887.3 Million by 2024

Owing to the growing aging population and resulting medical conditions, the demand for various diagnostic modalities including X-ray systems is increasing across the globe. The growing demand for X-ray systems is also driving the growth of its component systems such as X-ray detectors. Since long, X-ray images are captured on analog films or computed radiography (CR) plates. It takes long time to capture images through these systems. As the prevalence of various chronic and infectious diseases such as cancer, cardiovascular, orthopedic, and bacterial and viral diseases is rapidly growing across the globe, the healthcare facilities are increasingly experiencing the rising burden of patients visiting the hospitals suffering from such diseases.

Meticulous Research® –leading global market research company published a research report titled “X-ray Detectors Market by Product (FPD, CSI, GADOX, CR, CCD), FOV (Large, Medium, Small), Portability (Portable, Fix), System (New, Retrofit), and Application [Medical (Mammogram, Spine), Dental, Security, Industrial, Veterinary] – Global Forecast to 2024”

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According to this latest publication from Meticulous Research®, the global X-ray detectors market is expected to grow at a CAGR of 5.8% from 2018 to 2024 to reach $3,887.3 million by 2024, driven by factors such as increasing adoption of flat panel detectors, rising demand in industrial and security markets, and growing geriatric population coupled with rising prevalence of chronic diseases. However, high price of digital X-ray systems is restraining the growth of this market. On the other hand, Asian region and on-going research activities in the field of X-ray imaging technologies are likely to provide high growth opportunities in the X-ray detector market.

The global X-ray detector market study presents historical market data in terms of value (2016 and 2017), estimated current data (2018), and forecasts for 2024– by product [flat-panel detectors (FPDs), computed radiography (CR) detectors, charge-coupled device (CCD) detectors, line-scan detectors], and by application (medical,dental, security, industrial, veterinary). The study also provides historical market data in terms of volume (2016 and 2017), estimated current data (2018), and forecasts for 2024 for flat panel detectors. Further, the study evaluates industry competitors and analyzes the market at regional and country level.

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The flat-panel detectors (FPDs) are the major products contributing significantly in the overall growth of X-ray detector market. Growing adoption of digital technology, rising demand for retrofit FPDs, price erosion leading to an increased affordability of digital detectors, and favorable regulatory reforms support the largest adoption of FPDs. FPD market is likely to witness a high double-digit growth in terms of volume in Asia Pacific region.

Based on application, medical segment commanded the largest market share in 2017. Greater adoption of X-ray detectors in medical industry fueled by high prevalence of chronic diseases (orthopedic, cardiovascular, and others) and growing aging population supports the largest share of medical applications segment.

This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, and RoE), Asia-Pacific (Japan,China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America captured a significant share in 2017, while Asia Pacific is expected to register highest CAGR during the forecast period. The high growth in the APAC market is mainly due to large population base, large proportion of elderly population suffering from chronic diseases, rising income levels leading to improving access to healthcare, government initiatives to boost healthcare sector, growing adoption of advanced medical technologies, and growing focus of key players on this region.

TOP 10 COMPANIES IN X-RAY DETECTORS MARKET

The global flat panel detectors market is consolidated with top 2 players commanding major share. Key players operating in the global X-ray detectors market include Varex Imaging Corporation (U.S.), Agfa-Gevaert N.V. (Belgium), FUJIFILM Holdings Corporation (Japan), Trixell (France), Canon Inc. (Japan), Carestream Health, Inc (U.S.), Rayence Inc. (U.S.), Konica Minolta, Inc. (Japan), Vieworks Co., Ltd. (Republic of Korea), Hamamatsu Photonics K.K. (Japan), CareRay Medical Systems Co. (China), i-Ray Technology Company (China), and Analogic Corporation (U.S.). In the recent years, these companies have significantly focused on acquisitions, new product launches, and collaborations to expand their product and service offerings, strengthen global footprint, and augment market shares.

Key questions answered in the report-

  • Which are the high growth market segments in terms of type of product, application, and region/countries?
  • What was the historical market for X-ray detectors across the globe?
  • What are the market forecasts and estimates for the period 2018-2024?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the global X-ray detectors market?
  • Who are the major players in the global X-ray detectors market?
  • How is the competitive landscape and who are the market leaders in the global X-ray detectors market?
  • What are the recent developments in the global X-ray detectors market?
  • What are the different strategies adopted by the major players in the global X-ray detectors market?
  • What are the geographical trends and high growth regions/countries?
  • Who are the local emerging players in the global X-ray detectors market and how do they compete with the global players?

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Scope of the Report:

Market, By Product

  • Flat Panel Detectors (FPDs)
    • Flat Panel Detectors Market, by Type
      • Indirect FPDs
        • Cesium Iodide (CSI) FPDs
        • Gadolinium Oxysulfide FPDs
      • Direct FPDs
    • Flat Panel Detectors Market, by Field of View
      • Large Field of View FPDs
      • Medium Field of View FPDs
      • Small Field of View FPDs
    • Flat Panel Detectors Market, by Portability
      • Portable Detector
      • Fixed Detector
    • Flat Panel Detectors Market, by System
      • New Digital X-ray Systems
      • Retrofit X-ray Systems
  • Computed Radiography (CR) Detectors
  • Charge-Coupled Device (CCD) Detectors
  • Line-Scan Detectors
  • Bioreactors

Market, By Application

  • Medical
    • Static Imaging
      • Radiography
        • Chest Radiography
        • Orthopedic Radiography
        • Other Applications
      • Mammography
    • Dynamic Imaging
      • General Fluoroscopy
      • Cardiovascular Imaging
      • Surgical Imaging
      • Interventional Spine Procedures
      • Other
  • Dental
  • Security
  • Industrial
  • Veterinary                     …………. Brochure With Latest Advancements