X-ray Detectors market to reach USD 4299.5 million by 2028 with a CAGR of 5.1% | Valuates Reports
BANGALORE, India, June 30, 2022 /PRNewswire/ -- X-ray Detectors market is segmented by Type (Amorphous Silicon and Amorphous Selenium, CMOS, Others) and by Application (Medical,Dental,Security,Veterinary,Industrial): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Health Category.
Due to the COVID-19 pandemic, the global X-ray Detectors market size is estimated to be worth USD 3190.1 million in 2022 and is forecast to be a readjusted size of USD 4299.5 million by 2028 with a CAGR of 5.1% during the review period.
Major factors driving the growth of the X-ray Detectors market
The expanding variety of clinical uses for X-ray detectors in areas like security and industry, increased investments in cutting-edge healthcare facilities, and rising demand for digital imaging technologies are all factors contributing to the growth of the worldwide X-ray detector market.
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TRENDS INFLUENCING THE GROWTH OF X-RAY DETECTORS MARKET
The increasing use of x-ray detectors in medical applications is expected to drive the growth of the x-ray detectors market. Medical X-rays are used to guide medical staff while they implant catheters, stents, or other devices within the body, treat tumors or remove blood clots or other obstructions, as well as to aid in the noninvasive and painless diagnosis of disease and monitoring of therapy.
Furthermore, the growing adoption of digital radiography is expected to further propel the x-ray detectors market growth. In place of traditional photographic film, digital radiography (DR), a contemporary technique for producing X-ray pictures, employs digital electronic sensors and digital capturing equipment. This makes it possible to virtually immediately get X-ray pictures. DR pictures provide additional benefits over analog X-rays, including less radiation, the removal of chemical processors, processor maintenance, and filing and mailing jackets, which results in a decrease in costs, Less space is needed because there is no longer a need for a dark room or to set aside space for cabinets containing analog photographs.
In order to more effectively identify, classify, treat, and monitor oral problems and illnesses, dental practitioners are increasingly employing digital dental radiography (digital X-rays). The number of dental health issues is rising quickly. Each year, millions of individuals are affected by diseases including periodontal, tooth decay, oral cancer, dental trauma, etc. This puts tremendous pressure on healthcare. This factor is expected to drive the growth of the X-ray Detectors Market.
The increasing use of screening devices in airports for security purposes is expected to drive the growth of the X-ray Detectors Market. X-ray screening devices are used at airports, courtrooms, jails, and enterprises to look for hidden weapons, explosives, and other contraband. They don't need to be physically inspected and give security workers comprehensive photographs. Airports aren't the only places that use X-ray security scanning. The size of scanners varies, from small parcel scanners to big truck and cargo scanners. They provide services to a wide range of industries, including the military, transportation, law enforcement, and essential infrastructure. To make sure that their goods are not harmed before being sold, manufacturers utilize industrial radiography. Industrial radiography employs x-rays or gamma rays to take photos of items because they can reveal issues that are not obvious to the human eye, just like medical x-rays are used to identify breaks or fissures in bones.
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X-RAY DETECTORS MARKET SHARE
During the projected period, the segment for medical applications is anticipated to increase at the greatest CAGR. The medical applications are expanding as a result of factors such as the aging population, an increase in orthopedics, mammography, and cardiovascular operations, and technical developments in X-ray machines.
Based on region, 33% of the global market belongs to North America, which will continue to rise steadily in the next few years.
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Key Companies:
- Varex Imaging
- Trixell
- Canon
- Konica Minolta, Inc
- Fujifilm Medical Systems
- Rayence
- Detection Technology Oyj
- Teledyne Dalsa
- Agfa-Gevaert Group
- Analogic Corporation
- GE Healthcare
- DRTECH
- Iray Technology
- Vieworks
- Hamamatsu Corporation
- Carestream Health
- Moxtek, Inc.
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