Dublin, Dec. 02, 2022 (GLOBE NEWSWIRE) -- The "Global X-Ray Detector Market: Analysis By Technology (Flat panel detector, Computed Radiography, Line Scan detector and CCD detector), By Application (Medical, Industrial, Security and Veterinary) By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.
In 2021, the global x-ray detector market was valued at US$5.54 billion, and is probable to reach US$7.86 billion by 2027.
Price reductions, improved image quality due to technological advancement, and strong support from venture capitalist firms for providing funds are also expected to drive market growth over the next coming years. The x-ray detector market is projected to grow at a CAGR of 6.01%, during the forecast period of 2022-2027.
Market Segmentation Analysis:
- By Application: According to the report, the global x-ray detector market is segmented into four applications: Medical, Industrial, Security and Veterinary. Medical segment acquired majority of share in the market in 2021, due to the growing geriatric population, increasing number of orthopedic, mammography and cardiovascular procedures and technological advancements in x-ray devices. On the other hand, industrial segment is expected to have the highest CAGR in the future due to the various computed radiography vendors who improved digital radiography scanners, phosphor imaging plates, and software programs.
- By Technology: The report splits the global x-ray detector market into four technology: Flat panel detector, computed radiography, line scan detector and CCD detector. In 2021, Flat panel detector segment held the maximum share in the market, due to various benefits such as easier positioning during clinical studies, lack of geometric distortion and chemical processing, etc. However, CCD detector is predicted to have the highest CAGR in the future because these detectors are highly sensitive photon detector used in digital radiography for the indirect conversion of X-ray photons into an electric charge.
- By Region: According to this report, the global x-ray detector market can be divided into five major regions: Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific), North America (The US, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Latin America and Middle East and Africa. The North America x-ray detector market enjoyed the highest market share in 2021, primarily owing to the presence of well-developed healthcare facilities, high R&D investment by major players, and rising medical imaging procedures leading to the growth of x-ray detector market in countries like the US and Canada.
Global X-Ray Detector Market Dynamics:
Growth Drivers
- Growing Geriatric Population
- Upsurge in Healthcare Expenditure
- Rise in Cancer Diseases
- Uses of X-Ray Detectors in Different Industries
- Rise in Demand for Digital Imaging Technology
- Favorable Reimbursement Policies for X-Ray Diagnostics
Challenges
- High Cost of X-Ray Test Equipment
- Health Hazards of Full Body Scanning
Market Trends
- Wireless X-Ray Detectors
- Artificial Intelligence in Radiology for X-Ray and CT scan Image Analysis
- Flexible X-ray Detectors Made from Metal-organic Frameworks
- Robotic X-ray Imaging System (RTG)
Key Players
- Varex Imaging Corporation
- Agfa-Gevaert N.V. (Agfa)
- Hamamatsu Photonics K.K
- FUJIFILM Holdings America Corporation
- Konica Minolta, Inc.
- Teledyne Dalsa
- Canon Medical Systems Corporation
- Rayence Inc.
- Vieworks Co., Ltd.
- Carestream Health
- Analogic Corporation
- Careray Digital Medical Technology Co., Ltd.
- iRay Technology Company Limited
- Trixell Organization
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Market Analysis
4. Regional Market Analysis
5. Impact of COVID-19
6. Market Dynamics
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/8mps3i
