X-Ray Detectors Market to be Worth $4.81 Billion by 2031

X-Ray Detectors Market Size, Share, Forecast, & Trends Analysis by Type (Flat Panel [Digital, Retrofit] [Portable, Fixed], Computed Radiography, Charge Coupled, Line Scan) Application (Medical, Dental, Security, Industrial) - Global Forecast to 2031

Meticulous Research^®—a leading market research company, published a research report titled, ‘X-Ray Detectors Market Size, Share, Forecast, & Trends Analysis by Type (Flat Panel [Digital, Retrofit] [Portable, Fixed], Computed Radiography, Charge Coupled, Line Scan) Application (Medical, Dental, Security, Industrial) - Global Forecast to 2031’

According to this latest publication from Meticulous Research^®, the X-ray detectors market is projected to reach $4.81 billion by 2031, at a CAGR of 5.9% from 2024 to 2031. The growth of this market can be attributed to the growing geriatric population coupled with the rising prevalence of chronic diseases & respiratory infections, rising demand for X-ray imaging in industrial & security markets, growing adoption of digital X-ray detectors, and the increasing utilization of X-ray detectors for early diagnosis & clinical applications. Moreover, technological advancements in X-ray detectors and ongoing innovations in X-ray imaging systems with the potential to fulfill unmet needs are expected to offer growth opportunities for the players operating in this market. However, health hazards caused due to radiation restrain the growth of the market.

Though X-ray is the common modality used for scanning body parts, there are risks associated with the use of X-ray imaging. The ionizing radiation of X-ray imaging systems has enough energy to potentially damage DNA. Tissue effects such as cataracts, skin reddening, and hair loss occur at relatively high levels of radiation exposure. The risk of developing cancer from medical imaging radiation exposure depends on the following factors:

Radiation dose - Larger doses and more frequent X-ray exams increase the lifetime risk of cancer.
Patient’s age - The lifetime risk of cancer is higher for patients who are exposed to X-rays at a younger age than for those exposed at an older age.
Patient’s gender - Women have a slightly higher lifetime risk of developing radiation-associated cancer than men after receiving the same exposure at the same age.
The reproductive system, hematopoietic system, gastrointestinal system, epidermis, and eyes are more radiosensitive than other organs/systems.

Key Players

The key players profiled in the X-ray detectors market report are CareRay Medical Systems Co. (China), iRay Technology (China), Analogic Corporation (U.S.), FUJIFILM Holdings Corporation (Japan), Varex Imaging Corporation (U.S.), Trixell (France), Canon Inc. (Japan), Carestream Health, Inc. (U.S.), Konica Minolta, Inc. (Japan), Rayence Co., Ltd (South Korea), Agfa-Gevaert NV (Belgium), Teledyne Technologies Incorporated (U.S.), Vieworks Co., Ltd (South Korea), and Hamamatsu Photonics K.K. (Japan).

The X-ray detectors market is segmented by Product (Flat Panel Detectors [Flat Panel Detectors Market, by Type {Indirect Flat Panel Detectors (Cesium Iodide Flat Panel Detectors, Gadolinium Oxysulfide Flat Panel Detectors), Direct Flat Panel Detectors}, Flat Panel Detectors Market, by Field of View {Large-area Flat Panel Detectors, Medium-area Flat Panel Detectors, Small-area Flat Panel Detectors}, Flat Panel Detectors Market, by Portability {Portable Detectors, Fixed Detectors}, Flat Panel Detectors Market, by System {Digital X-Ray Systems, Retrofit X-Ray Systems], Computed Radiography Detectors, Charge-coupled Device (CCD) Detectors, Line Scan Detectors), Application (Medical Applications [Static Imaging {Radiography (Chest Radiography, Orthopedic Radiography, Other Radiography Applications), Mammography}, Dynamic Imaging {General Fluoroscopy, Cardiovascular Imaging, Surgical Imaging, Interventional Spine Procedures, Other Imaging Techniques}], Dental Applications, Security Applications, Industrial Applications, Veterinary Applications) and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Among all products, in 2024, the flat panel detectors segment is expected to account for the largest share of the market. The large share of the segment is attributed to factors such as absorbance of X-rays emitted from the devices or systems, production of visible light, reduced cost of X-ray detector systems, greater spatial resolution, and access to outdoor radiography and mobile applications. Owing to the growing volume of medical imaging and wide applications in industrial units, key players are launching newer technologies in X-ray detectors. For instance, in April 2024, Detection Technology Plc. (Finland) launched a range of thin-film transistor (TFT) flat panel detectors that include IGZO (indium gallium zinc oxide) and a-Si (amorphous silicon) technology-based solutions optimized for medical and industrial applications.

Among applications, in 2024, the medical applications segment is expected to account for the larger share of the market. However, the security applications segment is expected to grow at the highest CAGR during the forecast period. X-ray detectors are used for various security applications such as air cargo screening, baggage screening, mail & parcel screening, vehicle screening, port & border protection, and personnel screening (body scanning). X-ray screening systems are used in airports to ensure public safety and prevent lethal attacks and entry of people carrying weapons or illegal items. The growing volume of passengers is expected to increase the demand for security X-ray screening systems.

Among geographies, in 2024, North America is expected to account for the largest share of the market. The large share of the North American X-ray detectors market is primarily attributed to the remarkably advanced healthcare industry with higher healthcare spending and adoption of innovative science & technology, favorable reimbursement scenarios, higher prevalence of chronic diseases with an expanding proportion of the aging population, and presence of leading players in the region. The number of people in America undergoing mammography has increased from 59.9 mammographs per million in 2018 to 66.9 mammographs per million in 2020, representing growing demand for X-ray detectors. Increased deployment of X-ray inspection systems by security agencies in strategic locations such as airports, border areas, and prisons to detect explosives, weapons, drugs, and contraband is expected to drive the demand for X-ray detectors. For instance, the U.S. Customs and Border Protection is deploying drive-through X-ray portals to scan cars and buses at the border and ferry crossings with passengers still inside.

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of X-ray detectors by product, application, and geography?
What was the historical market for X-ray detectors across the globe?
What are the market forecasts and estimates for the period 2024–2031?
What are the major drivers, restraints, opportunities, and challenges in the X-ray detectors market?
Who are the major players operating in the X-ray detectors market?
What is the competitive landscape, and who are the leaders in the X-ray detectors market?
What are the recent developments in the X-ray detectors market?
What are the different strategies adopted by the major players in the X-ray detectors market?
What are the geographical trends and high-growth regions/countries?

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