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Global X-ray Detectors Industry Revenues To Grow At Nearly CAGR 7.7% By 2031

04-24-2023 05:23 AM CET | Health & Medicine

Press release from: Global Insight Services

X-ray Detectors market

X-ray Detectors market

The Global X-ray Detectors Market was valued at USD 2.9 billion in 2021 and it is anticipated to grow up to USD 6.1 billion by 2031, at a CAGR of 7.7% during the forecast period.

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X-ray is a type of high-energy electromagnetic radiation that can pass through most objects, including the human body. Among the many applications of X-rays, including veterinary, medical, dental, industrial, and security, medical imaging is the most widely used to create images of tissues and structures inside the body. An X-ray beam is passed through the body for medical imaging, where a portion of the X-rays are either absorbed or scattered by internal structures, and the remaining X-ray pattern is transmitted to a detector. X-ray detectors are devices that measure X-ray flux, spatial distribution, spectrum, and other properties. X-ray radiography, computed tomography (CT), mammography, and angiography are the most common methods of X-rays in medical imaging. X-ray radiography can be used to detect or diagnose bone fractures; infections such as pneumonia; and calcifications including kidney stones. Moreover, technological advancements in radiography has brought wide-scale adoption of digital radiography in all relevant industries.

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Major Players in the Global X-ray Detectors Market

The key players in the market are Varex Imaging Corporation (US), Thales Group (France), Canon (Japan), Agfa-Gevaert Group (Belgium), FUJIFILM Corporation (Japan), Hamamatsu Photonics K.K. (Japan), Analogic Corporation (US), Carestream Health (US), Detection Technology Plc. (Finland), Konica Minolta, Inc. (Japan), MOXTEK, Inc. (US), Teledyne Digital Imaging Inc. (Canada), JPI Healthcare. Co. Ltd. (South Korea), iRay Technology (China), and Vieworks Co., Ltd. (South Korea).

Global X-ray Detectors Market Segmentation

By Type

Flat-Panel Detectors (FPDs)
Computed Radiography Detectors
Line-Scan Detectors
Charge-Coupled Device Detectors

By Application

Medical
Dental
Security
Veterinary
Industrial

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Market Trends and Drivers

X-ray is a form of electromagnetic radiation that has high energy and can pass through most objects, including body. Among many applications of X-rays such as veterinary, medical, dental, industrial and security, it is most widely used in medical imaging to create images of tissues and structures inside the body. Factors such as increasing demand for digital imaging technologies coupled with wide application of X-ray detectors in medical imaging further propel the growth of X-ray detectors market. Additionally, favorable reimbursement policies for X-ray diagnostics along with growth in medical tourism in emerging economies is anticipated to fuel the market expansion.

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