The Market growth is mainly driven by the growing public and private investments in digital imaging technologies, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog X-rays.
According to the new market research report X-Ray Detectors Market
by Technology (Flat Panel, CCD, CR Detector), Application (Medical,
Orthopedic, Industrial, Veterinary, Security), FPD (Type (Gadox, CSL,
Direct), Portability (Fix, Portable), Platform (Digital, Retrofit)) -
Global Forecast to 2026, published by MarketsandMarkets™, the X-Ray
Detectors Market is projected to reach USD 3.9 billion by 2026 from USD
2.9 billion in 2021, at a CAGR of 5.9% during the forecast period.
Browse in-depth TOC on "X-Ray Detectors Market"
215 – Tables
38 – Figures
244 – Pages
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Based on platform type, digital FPDs to account for the largest share of the X-ray detectors market in 2021
Based
on platform type, the FPDs market is segmented into digital FPDs and
retrofit FPDs. In 2021, the digital FPDS segment to account for a larger
share of the FPDS market due to the advantages of new digital X-ray
systems, such as high-quality image acquisition, faster scanning,
increased patient throughput, and multiple storage options (digital
images can be stored using both on-site and off-site PACS), resulting in
their greater adoption.
In terms of portability, the portable X-ray detectors register significant growth over the forecast period.
Based
on portability, the FPDs market is segmented into fixed and portable
detectors. The portable detectors segment is expected to grow at the
highest CAGR during the forecast period. Mobile X-ray systems offer
advantages such as better image quality, lower radiation dose
requirement, shorter screening time, and low weight, resulting in their
adoption among end-users increasing. Handheld X-ray systems find
extensive applications in dental radiography. Technological advancements
and the rising volume of orthopedic and cardiovascular procedures are
driving the growth of the portable detectors market.
The static medical applications segment to hold major share of the X-ray detectors market in 2021
Based
on application, the X-ray detectors market is segmented into medical,
dental, security, industrial, and veterinary applications. The medical
applications of X-ray detectors are further categorized into static and
dynamic imaging. The need for efficient and outcome-oriented procedures
is a key factor driving the market growth.
North America will continue to dominate the X-ray detectors market during the forecast period
In
2021, North America is expected to account for the largest share of the
market. The large share of this region is attributed to factors such as
technological innovations, increasing healthcare spending, availability
of venture capital and government funding, and increasing incidence of
chronic diseases. Europe is expected to account for the second-largest
share of the market in 2020. Factors such as advancements in healthcare
infrastructure, technological advancements, and favorable venture
capital funding are expected to fuel the market growth in this region.
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The
X-ray detectors market is highly competitive with the presence of
several small and big players. Some of the prominent players in the
X-ray market include Varex Imaging Corporation (US), Thales Group
(France), Canon (Japan), Agfa-Gevaert Group (Belgium), FUJIFILM
Corporation (Japan), Hamamatsu Photonics K.K. (Japan), Analogic
Corporation (US), Carestream Health (US), Detection Technology Plc.
(Finland), Konica Minolta, Inc. (Japan), MOXTEK, Inc. (US), Teledyne
Digital Imaging Inc. (Canada), JPI Healthcare. Co. Ltd. (South Korea),
iRay Technology (China), and Vieworks Co., Ltd. (South Korea).
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