The “Global Healthcare X-Ray Detectors Market Forecast 2019-2024” report from ResearchAndMarkets.com suggests continued growth.
The global health care X-ray detectors market is estimated to witness a compound annual growth rate (CAGR) of 6.14% during the forecast period 2018-2024. The market is analyzed based on five segments, namely product types, portability, size, end-users and regions.
The market has tremendous opportunities to grow in both developed and developing countries, according to the report.
“The detector-based digital radiography is one of the latest developments in the diagnostic and imaging field (X-ray technology) that uses a different type of sources (flat panel detectors and charge couple devices) as image receptors and X-ray source for emitting high-quality radiographic images,” according to ResearchAndMarkets.com. “The health care detector is compact, lightweight and portable. The technological advancements in detectors have given a hallmark for most of the digital radiography systems with high dose efficiency, ease of handling equipment (ergonomics) and high image quality. This is considered as a complete digital solution for radiography as it can eliminate the need for replacing the image receptors entirely unlike the film-based or phosphor-based radiography.”
“Most of the leading medical imaging companies focus on developing high-quality imaging data for delivering real-time images that provide an assessment of various tissue pathophysiology based on different spectral characteristics of the tissue. The sales of X-ray detectors are expected to increase through advancements and technological adoption of multi-modality imaging systems in hospitals,” according to ResearchAndMarkets.com.
ResearchAndMarkets.com predicts that the United States and Canada are set to be the leading countries within the North America market owing to the highest number of diagnostic cases in 2017.
“This region dominates the overall presence of medical imaging (health care X-ray detectors usage) and has the most diversified X-ray detectors available. It has the highest percentage of the elderly population with many individuals suffering from chronic diseases such as CVD, diabetes, obesity, high blood pressure and other urology-related factors. This has attracted most of the customers to sustain and grow over the period and maintain their product presence in the market,” according to ResearchAndMarkets.com.
Europe is set to be the second leading region and held more than 28% of the market share in 2017.
“The market in Europe is largely driven by advancements in medical imaging technologies,” according to ResearchAndMarkets.com. “An increase in the prevalence of diseases, continuous adaption of advanced technologies and increase in aging population are driving the market. The countries such as Germany, France, UK and Italy are the major contributors in the region. The APAC region accounted for a share of 19.15% in 2017.”
“The global health care X-ray detectors market has immense growth opportunities in both developed and developing regions,” according to ResearchAndMarkets.com. “The market in the developed countries is witnessing increased adoption of X-ray detectors for high-quality imaging, screening and diagnosing due to improved access and encouragement from the government and other health care institutions, especially in the U.S., Canada, France, Germany and the UK.”
“The advancements in technology and product upgradation will increase the competition among vendors. The market is highly dynamic with the presence of few big players accounting for more than 65% of the share,” according to the report.
