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Global Xray detectors market projected to grow at a CAGR of 5.6%
The xray detectors market is expected to reach USD 3.31 billion by 2022 from USD 2.53 billion in 2017, at a CAGR of 5.6%. Growing public and private investments in digital imaging technologies, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog Xray are driving the growth of the xray detectors market. On the other hand, market growth may be limited to a certain extent due to the high cost of digital Xray systems.
Flatpanel detectors FPDs are expected to dominate the market during the forecast period.
By type, the xray detectors market is segmented into flatpanel detectors FPDs, computed radiography CR detectors, chargecoupled device CCD detectors, and linescan detectors. The FPDs segment is expected to hold the largest share of the market in 2017 and is also projected to register the highest CAGR during the forecast period. Advantages of FPDbased portable digital systems such as highquality images, faster scanning, increased patient throughput, and multiple storage options and their decreasing prices are key factors driving the growth of this segment.
Portable detectors segment expected to hold the largest share of the market in 2017.
Based on portability, the FPDs market is segmented into fixed and portable detectors. The portable detectors segment is expected to dominate this market with the largest share due to their advantages over fixed detectors in 2017.
Medical applications segment are expected to witness high growth during the forecast period
Based on the applications, the Xray detectors market is segmented into medical applications, dental applications, security applications, veterinary applications, and industrial applications. Medical applications segment is expected to grow at the highest rate in the forecast period. The growth in this segment can primarily be attributed to the advancement in the medical technology, rising geriatric population, increasing orthopedic and cardiovascular procedures.
Asia to witness high growth during the forecast period.
In 2017, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in this regional segment is attributed to the increasing adoption of digital imaging systems, rising disposable income, growing number of awareness programs and symposia, and growing venture capital investment.
The primary interviews conducted for this report can be categorized as follows:
By Company Type: Tier 1 35%; Tier 2 44%; Tier 3 21%.
By Designation: Clevel 22%; Dlevel 31%; Others 46%.
By Region: North America60%; Europe12%; Asia24%; RoW4%.
List of Companies Profiled in the report
Varian Medical Systems
Konica Minolta, Inc.
Teledyne DALSA Inc.
Fujifilm Holdings Corporation
Vieworks Co., Ltd
YXLON International GmbH
Hamamatsu Photonics K.K.
The report provides an overview of the xray detectors market. It aims at estimating the market size and future growth potential of this market across different segments such as type, applications, and region. Furthermore, the report also includes an indepth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall Xray detectors market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable gotomarket strategies. The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.
Original Article: Xray Detector Market by Type FPD, CSI, GADOX, CCD, Line Scan, Panel Small, Large, Portability Fix, Portable, Digital System New, Retrofit, Application Medical, Orthopedic, Mammogram, Dental, Security, Industrial, NDT Global Forecast to 2022 [Report UpdatNEXT ARTICLE
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