The National Cancer Institute estimates that 1,735,350 new cases of cancer were discovered in the US in 2018. Additionally, according to the institution, 439.2 new cancer cases will be diagnosed for every 100,000 men and women year. By 2030, it also projects that there will be 23.6 million new instances of cancer in the US. The adoption of mammography was accelerated by the rise in cancer rates, which raised the demand for cancer diagnostics. For instance, the Hospital for Special Surgery (HSS) in New York City, USA, just welcomed the fourth EOS system from the international medical equipment business EOS Imaging, which offers low dose full body stereo-radiographic images of patients.
According to Data Bridge Market Research the X-Ray Detectors Market accounted for USD 2.90 billion in 2021, and expected to reach USD 4.65 billion by 2029. The market is expected to grow with a CAGR of 6.08% in the forecast period of 2022 to 2029.
“Growing Market Demand for Mobile Equipment Will Aid Growth”
The need for transportable equipment to check equipment deployed in remote places that conventional X-ray inspection solutions cannot reach is growing, driven primarily by end-users in the oil and gas, power generating and other industries.
For instance, in May 2019, Varex, a reputable supplier in the X-ray detector market, unveiled the 3030DXV-I and 3020DXV-I, two new X-ray detectors geared toward industrial applications and inspection service providers. The frame rates of these detectors will reportedly reach 45 fps and they will have a high dynamic range (1.5k x 1.5k), offering outstanding sensitivity and dynamic range. Such product launches are anticipated to rise throughout the projection period as X-ray inspection techniques become more prevalent in a range of end-user applications.
What restraints the growth of X-ray Detectors Market?
“High Cost of X-ray Detectors Are Expected to Hamper the Market's Growth”
The high cost of these devices is a barrier to the growth of the X-ray detectors market. It also makes it difficult for developing and disadvantaged countries to absorb modern technologies. Many hospitals also lack the necessary funds to consider investing in these cutting-edge technologies.
Segmentation: X-ray Detectors Market
The X-ray detectors market is segmented on the basis of type, panel size, portability, application and end user.
- On the basis of type, the X-ray detectors market is segmented into flat panel detectors, computed radiography detectors (CRD), line scan detectors and charged coupled devices detectors (CCD).
- On the basis of panel size, the X-ray detectors market is segmented into small area and large area.
- On the basis of portability, the X-ray detectors market is segmented into fixed detectors and portable detectors.
- On the basis of application, the X-ray detectors market is segmented into medical application, dental application, security application, veterinary application and industrial application.
- On the basis of end user, the X-ray detectors market is segmented into hospitals, diagnostic laboratories, original equipment manufacturers, clinics and ICU.
Regional Insights: North America is expected to dominate the X-ray Detectors Market
North America is expected to dominate the market because the need for minimally invasive procedures has increased in the area, rapid technical advancements in the medical industry are now being combined with technologies such as cutting-edge X-ray detectors. People's health circumstances are being improved, and the negative consequences of the infections and diseases that are becoming more prevalent are being addressed. The market in the United States is being driven by the necessity for a continuous diagnostic and monitoring service.
In addition, the Asia-Pacific region is likely to register highest growth rate during the forecast period of 2022 to 2029 as a result of the region's increased healthcare spending, increase in populations, increase in orthopedic disorders in seniors and new-born.
To know more about the study visit, https://www.databridgemarketresearch.com/ar/reports/global-x-ray-detectors-market
Recent Developments in X-ray Detectors Market
- In 2021, Thales Group launched Pixium 3040F at ECF 2021. The product delivers greater sensitivity, enhanced spatial resolution, high image clarity, and increased contrast at low doses.
- In 2021, The development of the following generation of precision diagnostics was collaborated with AWS and Konica Minolta Precision Medicine. In connection with this agreement, Amazon invested money in KMPM. In order to accelerate the commercialization of Dynamic Digital Radiography (DDR) in the US healthcare industry, Konica Minolta, Inc. established a partnership with Shimadzu Medical Systems USA..
- In 2021, The commercial release of the ELUXEO 7000X System announced a new video imaging technology to enable real-time visualisation of haemoglobin oxygen saturation (StO2) levels in tissue using laparoscopic and/or endoluminal imaging, was announced by FUJIFILM Medical Systems U.S.A., Inc., a leading provider of endoscopic and endosurgical imaging technology.
The Prominent Key Players Operating in the X-ray Detectors Market Include:
- General Electric (U.S.)
- TOSHIBA CORPORATION (Japan)
- Koninklijke Philips N.V. (Netherlands)
- Carestream Health (U.S.)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Ziehm Imaging GmbH (Germany)
- Canon Inc. (Japan)
- FUJIFILM Holdings Corporation (Japan)
- GMM PFAUDLER (India)
- Danaher (U.S.)
- PLANMECA OY (Finland)
- VATECH (India)
- Villa Sistemi Medicali Spa (Italy)
- Midmark Corporation (U.S.)
- Apteryx Imaging Inc (Canada)
- Varian Medical Systems, Inc (U.K.)
- Hamamatsu Photonics K.K. (Japan)
- KA Imaging (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of X-ray detectors market companies contact, https://www.databridgemarketresearch.com/ar/contact
Research Methodology: Global X-ray Detectors Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
