Steady Growth Witnessed in Global Medical X-ray detectors Market: Large-Area Flat Panel Detectors Contribute Highest Revenue Until 2022


Published on : Dec 12, 2017

Albany, New York, December 12, 2017: Medical imaging or x-ray imaging has contributed a lot to bringing improvement in the diagnosis or cure of different medical conditions. Market Research Hub (MRH) has recently announced the inclusion of a new study to its wide repository, which is titled as “Medical X-ray detectors Market: Global Industry Analysis (2012-2016) & Forecast (2017-2022)” and provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of volume, across different geographies, including North America, Latin America, Japan, Europe, Asia-Pacific excluding Japan (APEJ) and Middle East & Africa (MEA). To precisely estimate the market value share and volume forecast, 2016 is considered as the base year. Moreover, the report provides information on the various factors that are likely to boost market revenue growth during the forecast period.

As per the study key findings, the medical X-ray detectors market is projected to grow with a strong CAGR of 6.1% for the period 2017-2022. The increasing technological advancement and growing geriatric population will fuel the growth of the global x-ray detectors market. The increasing incidences of orthopedic, increasing use of imaging technology, and cardiovascular measures will drive the growth of global x-ray detectors market.

Medical X-ray detectors are primarily of two types – X-ray films and imaging detectors, the former being gradually replaced with a number of digitizing devices such as flat panel detectors and image plates. There are various product types available in the market include indirect flat-panel detectors, computed radiography (CR) detectors, direct flat-panel detectors, line-scan detectors and charge-coupled device detectors. Of these, direct flat-panel detectors account for a revenue share of more than a third of the medical X-ray detectors market and are anticipated to gain share over the course of the forecast period.

Based on panel size, the study covers large-area and small area flat panel detectors. In terms of geography, the most promising regions with maximum potential in the large-area flat panel segment would be North America and APEJ as they are estimated to witness a robust CAGR in excess of 6%. Also, developing countries such as China, Brazil and India are expected to witness profitable growth due to the continuous development of wireless x-ray detectors and growing medical tourism in these nations.

In order to provide users of this report with a comprehensive view of the market, analysts have included detailed competitiveness analysis and company players with their SWOT analysis and strategic overview. At present, key players operating in the global market include Agfa-Gevaert N.V., DRTECH Corporation, Konica Minolta, Inc., Onex Corporation, Teledyne Technologies Incorporated, Rayence Co., Ltd., FUJIFILM Holdings Corporation, Hamamatsu Photonics k.k, Analogic Corporation, Canon Inc and Others.

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