Global X-Ray Detectors Market & Forecasts and Trends (2015 & 2020)
Since the inception of the X-ray detectors market, its significant growth can be attributed to the technological advancements like shift from film to filmless imaging. Market size of X-ray detectors, in terms of value, is expected to reach XXX million by 2020 from XXX million in 2015, at a CAGR of XX%. This market is driven by several factors which include support from the government and investments from venture capitalists, decreasing prices of FPDs, increasing aged population, and increase in spreading of diseases. Even then there are factors restraining the market. Factors such as the diversity in severity of Regulatory Processes and U.S. Governmentâ€™s Excise Tax on medical devices are likely to restrain the market growth. An array of opportunities is present emerging economies such as India, China, and Brazil.
As of now, X-ray detectors market is being dominated by North America, with the major market share being accounted to U.S. However, during the forecast period Asia is expected to grow at the highest CAGR. The factors driving the growth in the Asian market may be the factors such as government initiatives to encourage advanced medical care, increasing focus of major players on the Indian and Chinese markets, and rising disposable income of people in various countries in Asia, that is leading to the use of advanced medical tools to diagnosis the diseases early.
Prominent players in the X-ray detectors market are Agfa (Belgium), Canon, Inc. (U.S.), Konica Minolta, Inc. (Japan), Fujifilm Medical Systems (Japan), Teledyne Dalsa (U.S.), Thales (France), PerkinElmer (U.S.), Varian Medical System (U.S.), Analogic Corporation (U.S.), and YXLON International Gmbh (Germany), among others.
Market segmentation of X-ray detectors market is done on the basis of detector type, and is segmented into flat-panel detectors (FPDs), line-scan detectors, computed radiography (CR), and CCD detectors. On the basis of type of X-ray conversion mechanism, the flat-panel detectors market is segmented into indirect capture and direct capture FPDs. Furthermore, Basing on the type of scintillation material used, the indirect capture FPDs market segment is further classified into Gadolinium Oxysulfide FPDs and Cesium Iodide FPDs.
Market segmentation is also done on the basis of applications, which can be segmented into medical, security, veterinary applications dental, and industrial. Under Medical applications, the X-ray detectors market is further segmented into static and dynamic imaging. Static imaging market is further categorized into general radiography and mammography. And the dynamic imaging market is categorized into surgical imaging, cardiovascular imaging and general fluoroscopy.
X-ray detectors market is segmented into small-area FPDs, medium-area FPDs and large-area FPDs on the basis of the panel size.
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