PORTLAND, Ore., Oct. 6, 2020 /PRNewswire/ — Allied Market Research published a report, titled, “X-Ray Detector Market by Type (Flat Panel Detectors (FPDs), Charge-Coupled Device Detectors (CCDs), Line scan detector, and Computed Radiography Plates/Cassettes) and Application (Medical, Veterinary, Security, Dental, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027″ According to the report published by Allied Market Research, the global X-ray detector market garnered $5.12 billion in 2019, and is projected to reach $8.87 billion by 2027, registering a CAGR of 6.4% from 2020 to 2027.
Request for Detailed COVID-19 Impact Sample Report at: https://www.alliedmarketresearch.com/request-for-customization/1528?reqfor=covid
Prime determinants of the market-
Increase in demand for digital imaging technologies, advantages offered by digital X-ray detectors, and favorable reimbursement policy for X-rays are the major factors that propel the growth of the global X-ray detector market. Nevertheless, high cost associated with digital X-ray detectors impedes the market growth. However, increase in demand for wireless X-ray detectors and growth in medical tourism in developing countries are anticipated to usher new opportunities in the near future.
Covid-19 Scenario:
- The investments for diagnostic X-ray systems have been increased to enable the diagnostic imaging facilities during covid-19.
- The mobile digital radiography (DR) systems are getting utilized for initial screening for pneumonia and secondary and progressive stages of covid-19.
- Moreover, the market has been through increased demand and is anticipated to witness a positive growth throughout.
The flat panel detector (FPDs) segment is anticipated to dominate the market by 2027-
Based on type, the flat panel detector (FPDs) segment contributed to the largest market share in 2019, accounting for more than four-fifths of the global X-ray detector market, and is projected to maintain its lead status during the forecast period. This is owing to high demand of FPDs and various advantages that it offers such as excellent image quality and ability to retrofit into existing X-ray tables. However, the computed radiography plates/cassettes segment is estimated to manifest the highest CAGR of 8.7% from 2020 to 2027. This is attributed to the fact that CR plates/cassettes are less expensive and not as risky to handle as FPDs. In addition, more availability of mechanical parts, less cost of maintenance, reusability for many times, and high demand of cost-effective X-ray procedures with better efficiency further boosts growth of the segment.
The medical segment held the lion’s share in 2019-
Based on application, the medical segment accounted for the highest market share, contributing to nearly half of the global X-ray detector market in 2019, and is expected to maintain its dominant share by 2027. This is attributed to huge demand of X-ray procedures, increase in prevalence of chronic diseases, rise in geriatric population, and surge in adoption of digital imaging techniques in medical field. However, the veterinary segment is anticipated to grow at the highest CAGR of 8.2% during the forecast period. This is owing to rise in adoption of pets, increase in animal health expenditure, and growth in adoption of radiography in veterinary practices.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1528
North America region would lead the trail by 2027-
Based on region, the North America region held the largest share of the global X-ray detector market, contributing to nearly half of the total share in 2019, and will continue its leadership position during the forecast period. This is attributed to the factors such as presence of key players that offer popular X-ray detectors in the region, well-established healthcare facilities, growth in number of medical imaging procedures, favorable reimbursement policies, rise in threats of terrorism, large focus on product quality & non-destructive testing, and growth in adoption of pets & animal farming. On the other hand, the Asia-Pacific region is anticipated to manifest the fastest CAGR of 8.4% from 2020 to 2027. This is owing to increase in healthcare expenditure, growth in medical tourism, rise in adoption of technologically advanced X-ray imaging products, presence of large geriatric population, and focus on skill development in the region.
Leading players of the market-
- Agfa-Gevaert N.V.
- Analogic Corporation (Altaris Capital Partners, LLC)
- Canon, Inc.
- Carestream Health, Inc.
- Comet Holding (YXLON International GmbH)
- Detection Technology Plc.
- Fujifilm Holdings Corporation (Fujifilm Medical Systems)
- General Electric
- Konica Minolta Holdings Inc.
- Koninklijke Philips N.V.
- Siemens AG
- Teledyne Technologies Incorporated (Teledyne DALSA, Inc.)
- Thales Group (Trixell)
- Varex Imaging Corporation.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
Digital Radiography Market – Global Opportunity Analysis and Industry Forecast, 2020–2026
Dental 3D Scanners Market – Global Opportunity Analysis and Industry Forecast, 2019-2026
Dental Digital X-ray Market – Global Opportunity Analysis and Industry Forecast, 2019-2026
3D Imaging Market – Global Opportunity Analysis and Industry Forecast, 2019–2026
Biobanking Market – Global Opportunity Analysis and Industry Forecast, 2019–2026
Digital Therapeutics Market – Global Opportunity Analysis and Industry Forecast, 2019–2026
U.S. Advanced Wound Care Market – Opportunity Analysis and Industry Forecast, 2019–2026
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
SOURCE Allied Market Research
