Report Highlights
The global medical X-Ray detectors market to reach $ 3,702.0 million by the end of 2032.
Market Segmentation:
Segmentation 1: by Product
- By Type
- By Panel Size
- By Panel Connection
The global medical X-Ray detectors market (by-product) is expected to be dominated by the type segment.
Segmentation 2: by Application
- Static Imaging
- Dynamic Imaging
The global medical X-Ray detectors market (by application) is expected to be dominated by the medical segment.
Segmentation 3: by Modalities
- Portable Detectors
- Fixed Detectors
The global medical X-Ray detectors market (by modalities) is expected to be dominated by the portable segment.
Segmentation 4: by Module Type
- New Digital X-Ray Systems
- Retrofit X-Ray Systems
The global medical X-Ray detectors market (by module type) is expected to be dominated by the new digital X-Ray segment.
Segmentation 5: by End User
- Hospitals and Clinics
- Diagnostic Centers
The global medical X-Ray detectors market (by end user) is dominated by the hospitals and clinics segment.
Segmentation 6: by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest-of-Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest-of-Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest-of-Latin America
- Middle East and Africa
- U.A.E
- K.S.A
- South Africa
- Rest-of-Middle East and Africa
The global medical X-Ray detectors market (by region) is dominated by the North America region.
Recent Developments in Global Medical X-Ray Detectors Market
- In February 2022, KA Imaging Inc., secured a Taiwan license for the Reveal 35C dual-energy X-Ray detector; through this license, the detector can be sold in the Taiwan market.
- In May 2022, EXAMION partnered with Systemhaus GmbH & Co. KG to offer an even broader range of products to our customers in the future. With this cooperation, both companies emphasize their industry expertise in the healthcare sector and focus on added value for the customer.
- In May 2021, KA Imaging collaborated with Alpha Imaging in the U.S. Through this collaboration, hospitals, medical facilities, and practices from 14 states can now acquire Reveal 35C through Alpha Imaging.
- In March 2021, Carestream Health Inc. launched Lux 35 detector, a cesium glass-free medical detector. It is a lightweight, glass-free wireless detector.
- In August 2020, Carestream Health Inc. launched a new digital radiography detector in the U.S. and Canada.
- In April 2019, Varex Imaging Corporation acquired Direct Conversion, a manufacturer of linear array digital detectors, to expand its product portfolio.
- In December 2018, Detection Technology Plc. acquired MultiX technology. Through this acquisition, the company would expand its technology base and will strengthen its position in security, industrial, and medical X-Ray imaging.
Demand - Drivers and Limitations
The following are the drivers for the global medical X-Ray detectors market:
- Increasing prevalence of fractures and spinal injuries augmenting the growth of the market
- Technological advancements in X-Ray detectors
- Use of new age materials for the development of x-ray detectors for better spatial resolution and dose management
The market is expected to face some limitations as well due to the following challenges:
- Limitations in emerging economies hinder the growth and adoption of X-Ray detectors
- High cost of X-Ray detectors
Analyst’s Thoughts
To emphasize the potential of the global medical X-Ray detectors market, Swati Sood, Principal Analyst – BIS Research, states, “X-Ray technology is evolving, and several high-resolution, low-cost, and low-radiation dose systems are being developed by market players. Continuous research and development (R&D) have led to several technological advancements in X-Ray detector technology, such as the development of thinner and more flexible FPDs. Several research studies are also aimed at identifying novel materials for flat panel detectors (FPDs)”.
How Can This Report Add Value to an Organization?
Type: The type segment helps the reader understand the different types of X-Ray Detectors available in the market. Moreover, the study provides the reader with a detailed understanding of the different flat-panel detectors (indirect flat-panel detectors and direct flat-panel detectors). Furthermore, the study also covers different segments by module type (new digital X-Ray system and retrofit X-Ray systems)
Growth/Marketing Strategy: The global medical X-Ray detectors market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been regulatory and legal activities, partnerships, alliances, and business expansions to strengthen their position in the market. For instance, in February 2022, KA Imaging Inc. secured a Taiwan license for the Reveal 35C dual-energy X-Ray detector; through this license, the detector can be sold in the Taiwan market, and in May 2022, EXAMION partnered with Systemhaus GmbH & Co. KG to offer an even broader range of products to our customers in the future. With this cooperation, both companies emphasize their industry expertise in the healthcare sector and focus on added value for the customer.
Competitive Strategy: Key players in the global medical X-Ray detectors market analyzed and profiled in the study involve established and emerging players that offer different products for X-Ray detectors. Moreover, a detailed competitive benchmarking of the players operating in the global medical X-Ray detectors market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Impact of COVID-19
The COVID-19 pandemic led to the rescheduling of non-essential diagnostic tests and treatment procedures. The impact of COVID-19 on devices is ambiguous, as surgeries were limited during the pandemic. Before the COVID-19 pandemic, X-Ray detectors were majorly undertaken in hospitals, clinical, and diagnostic facilities. Owing to factors such as travel restrictions and the risk of transmission of the virus, there was a decrease in diagnostic tests and treatment procedures.
As the recovery phase of the COVID-19 pandemic begins, diagnostic tests and treatment procedures are expected to normalize.
Report Synopsis
Report Metrics | Details |
Base year considered | 2021 |
Forecast period considered | 2032 |
Base year market size | $2167.0 Million |
Market size forecast | $3702.0 Million |
Growth rate | 5.5% |
Units considered | $ Millions |
Segments covered | By Product, By Application, By Modalities, By Module Type, By End User, By Region |
Industry covered | BIS Healthcare |
Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
Countries covered | U.S., Canada, Germany, France, U.K., Italy, Spain, Rest-of-Europe, Japan, China, India, South Korea, Brazil, Mexico, U.A.E, K.S.A. , South Africa |
Companies studied |
|
Global Medical X-Ray Detectors Market Industry Overview
The global medical X-Ray detectors market report highlights that the market was valued at $2,019.0 million in 2021 and is expected to reach $ 3,702.0 million by the end of 2032. The market is expected to grow at a CAGR of 5.50% during the forecast period from 2022 to 2032. The market is driven by factors such as the increasing prevalence of fractures and spinal injuries augmenting the growth of the market, technological advancements in X-Ray detectors, and the use of new-age materials for the development of X-Ray detectors and dose management.
Market Lifecycle Stage
The global medical X-Ray detectors market is still in the development phase. Increased research and development activities are underway to develop more products.
The opportunity for growth of the global medical X-Ray detectors market lies in the innovations in technology and the development of AI-based digital X-Ray systems enabling diagnostic accuracy and productivity.
Key Market Players and Competition Synopsis
- iRay Technology
- Teledyne Technologies Incorporated
- Canon Inc.
- Konica Minolta Inc.
- Analogic Corporation
- KA Imaging Inc.
- Carestream Health Inc.
- Varex Imaging Corporation
- Agfa-Gevaert Group
- Detection Technology
- FUJIFILM Holdings Corporation
- Hamamatsu Photonics K.K.
- DRTECH
- Rayence
- Trixell
BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.
With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.
Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More