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X-Ray Detectors Market worth $2,552.7 Million by 2019

The report "X-Ray Detectors Market by Detector Type (Flat Panel, Computed Radiography, CCD, Line-Scan), Applications (Mammography, Cardiovascular Imaging, Dental, Security, Veterinary, Industrial) & by FPD Panel Size (Large Area, Small Area) – Global Forecast to 2019”, the global X-ray detectors market is expected to reach $2,552.7 million by 2019 from $2,009.7 million in 2014, growing at a CAGR of 4.9% from 2014 to 2019.


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The X-ray detectors market is a growing field that has witnessed a number of technological advancements since its inception, such as a shift from film to filmless imaging. Hospitals and medical imaging centers are converting their analog X-ray systems to digital systems. This market is driven by several factors including declining prices of FPDs, changing trend towards retrofitting the x-ray system (conversion of existing X-ray systems into digital X-ray systems), government and venture capital funding, growing awareness regarding digital radiography systems, and increasing aging population.

 

However, factors such as stringent regulatory approval processes and imposition of excise tax by the U.S. government on medical devices are likely to hinder market growth. The market in Asia is likely to provide array of opportunities owing to the growing demand for digital imaging systems, increasing disposable income (leading to early diagnosis using advanced medical tools), and increased focus of key players in the Asian region.

 

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The market is segmented on the basis of detector type, panel size (for medical FPDs), application, and region.

 

On the basis of detector type, the global X-ray detectors market is segmented into flat-panel detectors (FPDs), computed radiography (CR), line-scan detectors, and CCD detectors. Based on type of X-ray conversion mechanism, the flat-panel detectors market is further segmented into direct capture and indirect capture FPDs. Furthermore, on the basis of type of scintillation material used, the indirect capture FPDs market segment is classified into Gadolinium Oxysulfide FPDs and Cesium Iodide FPDs.

 

On the basis of applications, the global market is segmented into medical, dental, security, industrial, and veterinary applications. The X-ray detectors market for medical applications is further segmented into static and dynamic imaging. The market for static imaging is further categorized into general radiography and mammography. The  market for dynamic imaging is categorized into surgical imaging, general fluoroscopy, and cardiovascular imaging.

 

Based on the panel size, the X-ray detectors market for medical applications is segmented into large-area FPDs, medium-area FPDs, and small-area FPDs.

 

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The global X-ray detectors market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the global market in the forecast period. Over the next five years, the growth of the market in the Asian region is likely to be centered on China, India, and South Korea.

 

The key players in the X-ray detectors market include Agfa (Belgium), Analogic Corporation (U.S.), Canon, Inc. (U.S.), Fujifilm Medical Systems (Japan), Konica Minolta, Inc. (Japan), PerkinElmer, Inc. (U.S.), Teledyne Dalsa (U.S.), Thales (France), Varian Medical Systems (U.S.), and YXLON International Gmbh (Germany).

 

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