Insights on the X-Ray Detectors Global Market to 2034 - Rise in Orthopedic Procedures to Propel the Need for X-rays - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "X-Ray Detectors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The global market for X-Ray Detectors is projected to reach US$3.3 Billion by 2024, registering a compounded annual growth rate (CAGR) of 5.5% over the analysis period.

United States represents the largest regional market for X-ray Detectors, accounting for an estimated 31.0% share of the global total. The market is projected to reach US$1 Billion by the close of the analysis period. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 10.1% over the analysis period.The medical industry accounts for occupies a major share of the global x-ray detectors market.

The demand for X-ray detectors in medical applications is exhibiting a vibrant growth due to increasing number of diagnostic and imaging tests performed each year on account of rising burden of chronic diseases and the need for radiological diagnostic testing. The market growth is also facilitated by increasing incident of cancer, trauma and sports injuries along with the resulting need for medical imaging techniques, especially in emerging countries.

The market growth is expected to be fueled by availability of advanced detectors with enhanced operational and design efficiencies and adoption of sophisticated manufacturing and digital electronics. The US represents a major regional market, led by ongoing technological advances and increasing adoption of minimally-invasive procedures. The regional market is gaining from digital transformation, product innovations, and increasing focus on healthcare services. In Asia-Pacific region, market growth is facilitated by increasing investments in R&D, government regulations for improving security systems, robust demand for sophisticated security systems capable of detecting hazardous weapons in freight.

The market for Flat panel detectors (FPDs) is forecast to dominate market growth over the analysis period. Representing advanced digital radiography devices, FPDs are designed to convert X-rays into light or electric charge that is read by thin-film transistors (TFTs). Flat panel detectors hold various advantages over their counterpart analog radiography systems, such as portability, superior image quality, durability, lower radiation doses and cost/time savings. The segment is anticipated to benefit from increasing demand for fluoroscopic and interventional imaging techniques for pediatric patients due to their less-invasive nature than surgery.

Select Competitors (Total 46 Featured) -

• Agfa-Gevaert Group
• Analogic Corporation
• Canon, Inc.
• Carestream Health, Inc.
• Fujifilm Holdings Corporation
• Konica Minolta Inc.
• Rayence
• Teledyne DALSA
• Thales Group
• Varex Imaging Corporation
• Vieworks Co., Ltd.
• YXLON International GmbH

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• X-Ray Detectors: A Prelude
• Medical Applications Dominate the x-Ray Detectors Market
• Flat Panel Detectors Represent the Largest Type of X-Ray Detectors
• The US Dominates the X-Ray Detectors Market, Asia-Pacific to Register Faster Growth
• X-Ray Detectors - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rapidly Growing Geriatric Population Catalyze Growth
• Global Population of 65+ Individuals (In 000s) by Region for the Years 2015, 2020, 2025, 2030 & 2050
• Digital Imaging - The Key Demand Driver for the X-Ray Detectors Market
• Digital Imaging Installations Gain Momentum Worldwide
• DR Procedural Volume on the Rise
• FDA Approval of DR Systems Supports Market Expansion
• DR Technology Gains Ground in Point-of-Care Setting
• Government Support Aids Growth of DR Systems
• Technology Innovations in Digital Imaging Spur Market Growth
• Focus on Better Battery Life and Durability
• Wireless and Retrofit Flat Panel Detectors Drive Gains
• Wireless X-ray Detectors Increase in Popularity
• Select Mobile Digital Radiography Models from Vendors
• Industry Witnesses Rise in Development of Improved Detector Technologies
• Technological Innovations in the X-ray Detectors Market
• High Sensitivity Hybrid Direct, Broadband X-Ray Detector for Soft and Hard X-Rays
• Teledyne DALSA Unveils CMOS X-Ray Detectors
• Lead Halide Perovskites to Allow Highly Sensitive X-Ray Detectors for Mammography
• Researchers Adapt Grating-Based X-Ray Phase-Contrast Imaging for Higher Resolution
• Researchers Explore Photonic Technologies for Next Milestone in X-Ray Imaging
• Time-Of-Flight Range Imaging
• Optical Spectroscopy
• Triboluminescence
• Direct Photon Detection
• Optical Phase Contrast Imaging
• Perovskite QDs Allow Flexible Soft X-Ray Detectors with High Sensitivity
• GaAs-based X-ray Detectors with Superior Absorption Rates
• Hybrid Photon Counting Detectors for Enhanced X-Ray Detection
• An Insight into Application Markets for X-ray Detectors
• Rising Incidence of Chronic Diseases Propels the Demand for Medical Imaging
• Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
• Rising Incidence of Breast Cancer and Rising Demand for Mammography Procedures Bodes Well for Market Growth
• Incidence of Breast Cancer Worldwide by Region: 2018
• X-Ray Imaging Increases Penetration in Dental Imaging
• Rise in Orthopedic Procedures to Propel the Need for X-rays
• Airports as Conduits for Terrorism Throws the Spotlight On the Ever-Present Importance of Airport Security
• Projected Growth in Commercial Air Passenger Traffic & the Parallel Increase in the Need for Security Reforms Bodes Well for Airport Security Equipment: World Air Passenger Traffic (In Billion) for the Years 2012, 2013, 2014, 2015, 2018 and 2034
• Recent Rise in Suicide Bombing, Gun Attacks & Drugs Smuggling Drive Demand for X-Ray Detectors

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

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