Westford USA, July 25, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest, the X-ray detector market revenue is projected to experience significant expansion due to several key factors. Technical innovation is driving advancements in X-ray imaging technology, introducing more efficient and sophisticated X-ray equipment. These innovations result in improved image quality, faster image acquisition times, and enhanced diagnostic capabilities, driving higher demand for X-ray detectors across various industries.
Browse in-depth TOC on the "X-Ray Detector Market"
- Pages - 242
- Tables - 141
- Figures – 80
The X-ray detector market has experienced a substantial increase in demand due to the growing adoption of digital imaging technologies. Digital detectors offer numerous benefits over traditional film-based systems, including quicker image acquisition, improved image quality, enhanced storage and sharing capabilities, and reduced patient radiation exposure. These advantages have propelled the shift towards digital X-ray detectors, driving the market growth.
Report Scope & Segmentation:
| Attributes | Details |
| Market Size in 2022 | USD 3.08 Billion |
| 2030 Value Projection | USD 4.94 Billion |
| CAGR | 6.1% |
| Forecast Period | 2023-2030 |
| Segments Covered |
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| Regions Covered |
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Prominent Players in the X-Ray Detector Market
- Varex Imaging Corporation
- PerkinElmer, Inc.
- Hamamatsu Photonics K.K.
- Canon, Inc.
- Koninklijke Philips N.V.
- Agfa-Gevaert Group
- Fujifilm Holdings Corporation
- Teledyne DALSA Inc.
- Thales Group
- Detection Technology Plc
- Rigaku Corporation
- Swissray International, Inc.
- Analogic Corporation
- Moxtek, Inc.
- Rayence Inc.
- Thermo Fisher Scientific Inc.
- Toshiba Electron Tubes & Devices Co., Ltd.
- Shanghai United Imaging Healthcare Co., Ltd.
- Carestream Health, Inc.
- Vieworks Co., Ltd.
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Flat Panel Detectors (FPD) Segment is Expected to Grow in the market Due to Converting X-Rays into Either Light
The flat panel detectors (FPD) category is expected to witness the highest CAGR among all product types in the X-ray detector market. In the domain of digital radiography (DR), flat panel detectors play a pivotal role by converting X-rays into either light (indirect conversion) or charge (direct conversion), which is then decoded using a thin film transistor (TFT) array.
The markets in North America emerged as the leading region for the X-ray detector market globally, boasting the largest market share. Several factors contribute to the substantial market presence in this region. One of the primary drivers is the continuous development and advancement of the healthcare sector, which has led to the adoption of state-of-the-art science and technology in medical imaging, including X-ray detectors.
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Medical Applications Segment is Expected to Dominate the Market Due to their Widespread Availability
The X-ray detector market is expected primarily dominated by the medical applications segment. X-ray detectors have become an indispensable tool in the healthcare industry due to their widespread availability, relatively low cost, and superior imaging capabilities. These detectors play a crucial role in diagnosing and treating various medical conditions by providing detailed images of the interior body parts.
Regional markets in the Asia-Pacific are expected to witness the fastest growth rate in the X-ray detector market. Several key factors contribute to this rapid expansion in the region. The significant and growing elderly population in Asia-Pacific is experiencing an increasing prevalence of chronic diseases, leading to a rising demand for advanced medical imaging solutions such as X-ray detectors.
A comprehensive analysis of the major players in the X-ray detector market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
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Key Developments in the X-Ray Detector Market
- Mirion Technologies, Inc., a leading provider of radiation detection and measurement solutions, recently acquired Sun Nuclear Corporation, a world pioneer in diagnostic imaging and radiology solutions. This strategic acquisition gave Mirion Technologies a competitive edge in the market, enhancing brand recognition, technical expertise, and market position, particularly in cancer treatments.
- An innovative partnership was formed recently between Amazon Web Services (AWS) and Konica Minolta Precision Medicine (KMPM) to develop the next generation of precision diagnostics. As part of this collaboration, Amazon made significant investments in KMPM to foster the development of advanced diagnostic technologies.
Key Questions Answered in X-Ray Detector Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market's future growth?
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