The X-ray Detectors Market is expected to register a CAGR of 6% during the forecast period 2022–2029 to reach $4.3 billion by 2029. The growing adoption of digital X-ray detectors, the rising demand for X-ray imaging in industrial, security, early diagnosis & clinical applications, and the growing geriatric population coupled with the rising prevalence of chronic diseases & respiratory infections are expected to positively impact the global X-ray detectors market.
Impact of COVID-19 on X-ray Detectors Market
The outbreak of the COVID-19 pandemic impacted worldwide. According to the WHO, in April 2020, there were 3,073,603 confirmed cases and 2,11,768 confirmed deaths due to COVID-19. These numbers increased to 544,324,069 confirmed cases and 6,332,963 deaths by June 2022. Along with round-the-clock care, it was equally important to minimize the spread of the disease through early diagnosis. The World Health Organization declared the disease a global pandemic and a public health emergency. The pandemic had a major impact on all industries globally, with some industries either totally shutting down manufacturing operations following the COVID-19 directives or running at minimal capacities to keep their personnel safe.
The rapid spread of COVID-19 infection across borders resulted in lockdowns and border closures. The impact of the COVID-19 pandemic on the X-ray detectors market varied based on the end-use industry. The pandemic had both positive and negative impacts on the market. There was increased adoption of X-ray detectors in medical or clinical applications, which positively impacted the market. However, the demand for X-ray detectors in security, veterinary, dental, and industrial applications decreased, impacting the market negatively. Due to the lockdowns, diagnostic procedures for animals were delayed, hampering the use of X-ray imaging systems and detectors.
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Key Findings in the X-ray Detectors Market Study:
Flat Panel Detectors Generated Larger Proportion of Revenue Compared to Computed Radiography (CR) Detectors, Charge-coupled Device (CCD) Detectors, and Line Scan Detectors
In 2022, the flat panel detectors segment is expected to account for the largest share of the global X-ray detectors market. The large market share of this segment is attributed to the advantages offered by flat panel detectors in terms of greater higher spatial resolution, ease of use, portability, and their wide range of applications in mammography, dental, orthopedic & surgical, analytical, and scientific radiology.
Medical Applications Segment to Dominate the Global X-ray Detectors Market
In 2022, the medical applications segment is expected to account for the largest share of the global X-ray detectors market. The large market share of this segment is attributed to the wide utilization of X-ray detectors in the healthcare sector due to their easy availability, low cost, and increased performance for imaging internal body parts to diagnose & treat fractures, abnormalities, or diseases.
Asia-Pacific: The Fastest Growing Regional Market
Asia-Pacific is expected to become the fastest-growing regional market during the forecast period. The rapid growth of the market in Asia-Pacific is attributed to the large elderly population living with chronic diseases, rising income levels leading to improving access to healthcare facilities, government initiatives to boost the healthcare sector, and growing adoption of advanced medical technologies.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry for the past three years. The key players profiled in the global X-ray detectors market report include Varex Imaging Corporation (U.S.), Trixell (France), Canon Inc. (Japan), Agfa-Gevaert NV (Belgium), Teledyne Technologies Incorporated (U.S.), Carestream Health, Inc. (U.S.), Konica Minolta, Inc. (Japan), Rayence (U.S.), Vieworks Co., Ltd (South Korea), Hamamatsu Photonics K.K. (Japan), iRay Technology (China), CareRay Medical Systems Co. (China), Analogic Corporation (U.S.), and FUJIFILM Holdings Corporation (Japan).
Scope of the Report
X-ray Detectors Market, by Product Type
- Flat Panel Detectors
- Flat Panel Detectors, by Type
- Indirect Flat Panel Detectors
- Cesium Iodide (CsI) Flat Panel Detectors
- Gadolinium Oxysulfide (Gd2O2s or GoS) 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
- New Digital X-ray Systems
- Retrofit X-ray Systems
- Computed Radiography (CR) Detectors
- Charge-coupled Device (CCD) Detectors
- Line Scan Detectors
X-ray Detectors Market, by Application
- Medical Applications
- Static Imaging
- Radiography
- Chest Radiography
- Orthopedic Radiography
- Other Applications
- Mammography
(Note - Other Applications include imaging of the brain, abdomen, urinary system, and planning of radiation therapy)
- Dynamic Imaging
- General Fluoroscopy
- Cardiovascular Imaging
- Surgical Imaging
- Interventional Spine Procedures
- Other Imaging Techniques
(Note - Other Imaging Techniques include biopsies and locating foreign bodies)
- Dental Applications
- Security Applications
- Industrial Applications
- Veterinary Applications
X-ray Detectors Market, By Geography
- North America
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Rest Of Europe (RoE)
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific (RoAPAC)
- Latin America
- Mexico
- Brazil
- Rest of Latin America (RoLAM)
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa (RoMEA)
Key questions answered in the report: