New York, 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 have brought wide-scale adoption of digital radiography in all relevant industries.
Market Trends and Drivers
An X-ray is a form of electromagnetic radiation that has high energy and can pass through most objects, including the 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 the wide application of X-ray detectors in medical imaging further propel the growth of the X-ray detectors market. Additionally, favorable reimbursement policies for X-ray diagnostics along with growth in medical tourism in emerging economies are anticipated to fuel the market expansion.
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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).
A worldwide emergency has been caused by the COVID-19 pandemic. The risk of COVID-19 infection is higher for surgeons and patients who visit hospitals for various procedures. All elective procedures in Germany were either cancelled or postponed because hospitals there are overflowing with COVID-19 cases. Hence, many clinics, outpatient imaging centers and hospitals, reduced their capital purchases of imaging equipment from OEMs that led to decrease in demand for X-ray imaging components. However, In June 2020, the WHO released a practice guide for utilizing computed tomography (CT) and chest radiography as one element of the diagnostic for patient monitoring. This increased the installation of X-ray systems and related components, including X-ray detectors. Such factors contributing toward the market growth.
Global X-ray Detectors Market Segmentation
- Flat Panel Detectors
- Flat Panel Detectors, by Type
- Cesium Iodide (CsI) Flat Panel Detectors
- Gadolinium Oxysulfide (Gd2O2s or GoS) Flat Panel Detectors
- Direct Flat Panel Detectors
- Flat Panel Detectors Market, by Field of View
- Large-area Flat Panel Detectors
- Medium-area Flat Panel Detectors
- Small-area Flat Panel Detectors
- Flat Panel Detectors Market, by Portability
- Portable Detectors
- Fixed Detectors
- Flat Panel Detectors Market, by System
- New Digital X-ray Systems
- Retrofit X-ray Systems
- Computed Radiography (CR) Detectors
- Charge-coupled Device (CCD) Detectors
- Line Scan Detectors
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- Hospitals & Clinics
- Ambulatory Surgery Centers
- Imaging Centers
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