London, UK -- (SBWire) -- 03/25/2022 --A recent study by Triton Market Research titled Global X-ray Detector Market comprises the Global Analysis and Forecasts by Application (Industrial, Dental, Medical, Security, Other Applications), Portability (Fixed Detectors, Portable Detectors), Product (Computed radiography (CR) detectors, Charge-coupled device detectors, Flat-Panel Detectors [Flat-Panel Detectors by Type (Indirect Capture FPD, Direct Capture FPD), Flat-Panel Detectors by Panel Size (Large area FPD, Small-area FPD)], Other types), and by Geography (Latin America, Middle East and Africa, Europe, North America, Asia-Pacific)
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Triton's report estimated the global X-ray detector market to register growth at a CAGR of 6.34% during the projected period of 2021-2028. It is further assessed to display revenue worth $4052.0 million by 2028.
X-ray detectors are used in medical diagnosis and treatment monitoring. Besides, these detectors are used for scanning and non-destructive testing too.
Digital radiology has emerged as a major development across major countries, specifically developing nations. Moreover, this technology is relatively cost-effective compared to film or screen techniques. Additionally, the deployment of digital phosphor plates, computed radiology, and personal computers have become convenient, offering multiple benefits. Hence, the advantages offered by digital detectors are likely to boost the X-ray detector market on a growth path. Conversely, the stringent regulations and high cost of X-ray equipment obstruct the growth of the X-ray detector market.
The X-ray detector market is segmented into application, portability, and product. The application section is divided into industrial, dental, medical, security, and other applications. The portability section is bifurcated into fixed detectors and portable detectors. Further, the product section is branched into computed radiography (CR) detectors, charge-coupled device detectors, flat-panel detectors, and other types. The flat-panel detectors are sectioned into flat-panel detectors by type and flat-panel detectors by panel size, with flat-panel detectors by type is divided into indirect capture FPD and direct capture FPD. Lastly, flat-panel detectors by panel size are sectioned into large area FPD and small-area FPD.
Geographically, North America dominates the X-ray detector market and is likely to continue its stronghold till 2028. This growth can be attributed to the well-developed healthcare infrastructure, growing R&D investments, and developing medical imaging procedures. Other than this, the tremendous growth in computer technology is majorly influencing the demand for X-ray detectors across industries. Hence, all these factors play a crucial role in driving the growth of the X-ray detector market in the United States and Canada.
Agfa Healthcare, PerkinElmer Inc, Rayence Co Ltd, GE Healthcare, Carestream Health Inc, Analogic Corporation, Dalsa Inc, Fujifilm Medical System, Koninklijke Philips NV, Konica Minolta Inc, Teledyne Comet Holding AG, Canon Inc, Varex Imaging Corporation, Thales Group, and Hamamatsu Photonics KK are well-known companies in the X-ray detector market.
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Question & Answer: X-ray Detector Market
Question 1: What factors are likely to boost the X-ray detector market on a growth path?
Answer: Digital radiology has emerged as a major development across major countries, specifically developing nations. Moreover, this technology is relatively cost-effective compared to film or screen techniques.
Additionally, the deployment of digital phosphor plates, computed radiology, and personal computers have become convenient, offering multiple benefits. Hence, the advantages offered by digital detectors are likely to boost the X-ray detector market on a growth path.
Question 2: What factors obstruct the growth of the X-ray detector market?
Answer: The stringent regulations and high cost of X-ray equipment obstruct the growth of the X-ray detector market.
Question 3: Which region dominates the X-ray detector market?
Answer: Geographically, North America dominates the X-ray detector market and is likely to continue its stronghold till 2028. This growth can be attributed to the well-developed healthcare infrastructure, growing R&D investments, and developing medical imaging procedures. Other than this, the tremendous growth in computer technology is majorly influencing the demand for X-ray detectors across industries. Hence, all these factors play a crucial role in driving the growth of the X-ray detector market in the United States and Canada.
Question 4: Which are the companies -known companies in the X-ray detector market?
Answer: Agfa Healthcare, PerkinElmer Inc, Rayence Co Ltd, GE Healthcare, Carestream Health Inc, Analogic Corporation, Dalsa Inc, Fujifilm Medical System, Koninklijke Philips NV, Konica Minolta Inc, Teledyne Comet Holding AG, Canon Inc, Varex Imaging Corporation, Thales Group, and Hamamatsu Photonics KK are well-known companies in the X-ray detector market.
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Global Magnetic Resonance Imaging (MRI) Market
The global magnetic resonance imaging (MRI) market is expected to showcase growth in revenue during 2021-2028 at a CAGR of 5.62%. It is estimated to acquire revenue worth $13.28 million by 2028.
Magnetic resonance imaging (MRI) refers to non-invasive imaging technology that assists in developing 3-D anatomical images. It is mainly used for detecting diseases, diagnosis, and monitoring treatments.
The market is driven by multiple factors, including rapid technological advancements, MRI use for breast cancer evaluation, and the development of minimally invasive treatments. Furthermore, the rising number of accidents is anticipated to create opportunities for the MRI market.
However, MRI systems face various strict regulations as they are radiation-emitting electronic products that can cause damage to the human body if precautions are not undertaken.
