09-18-2017 11:30 AM CET - Health & Medicine

Here’s a Premium Report “Global X-Ray Detector Market" with the projected CAGR 6.6% During the Forecast Period 2017-2024

Press release from: Data Bridge Market Research

"Global X-Ray Detectors Market" - Industry Trends and Forecast to 2024

Global X-Ray Detector Market is expected to reach USD 3,586.2 million by 2024 from USD 2,250.0 million in 2016, at a CAGR of 6.0% in the forecast period 2017 to 2024.The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Some of the major factors driving the growth of market for X-ray detector market, such as growing geriatric population and chronic diseases, growing government initiatives, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog X-rays will increase the demand for digital systems.On the other hand, stringent regulatory process for the launch of product, imposition of heavy excise tax on medical devices device manufacturers, importers and consumers by the U.S. government, along with high initial cost may hinder the growth of the market.

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X-Ray Detectors Market Categories: Segmentation

The global X-ray detector market is segmented on the basis of type, application, end user, and geography.

On the basis of product type the market is segmented into 4 product types, namely flat panel detectors (FPD), computed radiography detectors (CRD), line scan detectors and, charged coupled devices detectors (CCD). In 2017, the flat panel detectors (FPD) segment is expected to dominate the market with a share of around 71.0% and is expected to continue this trend till 2024. The FPD are further segmented on the basis of panel size into large area, medium area, and small area FPD.

Based on portability, the market is segmented into fixed detectors and portable detectors.

On the basis of applications, the market is segmented into medical imaging, dental imaging, security, veterinary and, industrial.

On the basis of end users the market is classified into hospitals, diagnostic laboratories, clinics, Original Equipment Manufacturers (OEM’s) and ICU. In 2017, the hospital segment is expected to dominate the market and is expected to continue this trend till 2024.

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X-Ray Detectors Market: Geographic Segmentation

In 2017, North America is expected to dominate the X-ray detector market with ~42.0% of the market share followed by Europe and APAC. However the APAC region is expected to grow at the highest CAGR in the forecast period 2017 to 2024.The market in Asia is poised to witness the highest growth, attributed to factors such as rising disposable income, government initiatives to encourage advanced medical care, improving healthcare infrastructure and diagnostic radiology centers, and growing medical tourism in the region.

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Global X-Ray Detectors Market Key Points:

Varian Medical Systems, Inc.is going to dominate the X-ray detector market following with Agfa Healthcare, Amptek, Inc., Analogic Corporation, Canon Inc., Detection Technology Oyj, Fujifilm Medical Systems, Hamamatsu Photonics K.K., Konica Minolta, Inc., Moxtek, Inc., Perkinelmer, Inc., Rigaku Corporation, Teledyne DALSA Inc., Thales Group, Thermo Fisher Scientific Inc., Toshiba Corporation, Varian Medical Systems and, Yxlon International GmbH, among other local players.

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