Home > Healthcare > Medical Devices > Diagnostic Devices > X-ray Detectors Market
X-ray Detectors Market size was valued at USD 3.6 billion in 2022 and is estimated to account for USD 6.3 billion by 2032. X-ray detectors are devices designed to detect and measure X-rays, which are a form of electromagnetic radiation with higher energy and shorter wavelength than visible light.
The demand for early disease diagnosis has been increasing globally due to several factors, including rising awareness about early detection, and the growing burden of chronic diseases. As per statistics, in 2023, around 1,958,310 new cases and 609,820 deaths due to cancer are anticipated to occur in the U.S. Early detection methods are crucial in improving cancer survival rates. Therefore, as the demand for early diagnosis of diseases continues to rise, the demand for x-ray detectors will also increase.
Technological advancements in x-ray detectors have significantly improved their efficiency, image quality, and diagnostic capabilities. Digital x-ray detectors have largely replaced traditional film-based systems. Direct Digital Radiography (DR) systems offer immediate image capture without the need for processing, leading to faster diagnoses. Therefore, the increasing technological advancements will boost the adoption of x-ray detectors, thereby accelerating the market progress.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
X-ray Detectors Market Size in 2022: | USD 3.6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.8 % |
2032 Value Projection: | USD 6.3 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 154 |
Tables, Charts & Figures: | 225 |
Segments covered: | Detector Type, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The COVID-19 pandemic had a detrimental impact on the medical x-ray market, that accounted for USD 13 billion in 2022, primarily due to disruptions in supply chains, reduced demand for non-urgent medical procedures, resource reallocation, financial strain on healthcare system, and market uncertainty. These factors collectively led to decreased adoption of x-ray detectors and deferred diagnostic procedures for treatment of diseases. Therefore, the pandemic significantly hindered the growth and operational dynamics of the market for x-ray detectors.
Increased awareness about the benefits of medical imaging technology has played a significant role in encouraging x-ray detectors appropriate and timely use in various fields. Medical institutions conduct workshops and seminars for healthcare professionals to increase awareness and adoption rate of these devices. For instance, the Radiological Society of North America (RSNA) hosts annual conferences wherein doctors learn about the latest advancements in medical imaging technologies, including x-ray detectors. Thus, rising initiatives by organizations will lead to growing awareness regarding x-ray imaging devices such as x-ray detectors, dental digital x-ray, dual-energy x-ray absorptiometry (DEXA), x-ray photoelectron spectroscopy, among others, further fuelling the market expansion.
The market by type is categorized into flat panel (FPD), computed radiography (CR), charge coupled device, and other detectors type. The flat-panel detectors segment garnered USD 1.8 billion revenue size in the year 2022. The dominance of the segment can be attributed to their high image quality, versatility, and established efficacy.
Based on application, the x-ray detectors market is segmented into medical application, dental application, other applications. The medical application segment dominated the market and accounted for over 46% business share in the year 2022. High segment share is attributed to their higher incidence of diseases, immediate treatment requirements, and accurate diagnostic results.
Therefore, the widespread utilization and adoption of these devices in addressing various disorders contribute significantly towards the growth of the segment.
The x-ray detectors market by end-use is categorized into hospitals, diagnostic laboratories, and others. The diagnostic laboratories segment garnered USD 1.7 billion revenue size in the year 2022.
U.S. x-ray detectors market accounted for USD 1.34 billion revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
The x-ray detectors industry is consolidated, with major players such as Siemens Healthineers, General Electric Company, Canon Medical Systems Corporation, Koninklijke Philips N.V., and others dominating the market space. These companies are focused on continuous product innovation to secure a significant market share. For instance, in March 2021, Canon Medical Systems Corporation launched XCDI-RF wireless B1, wireless FPD in Japan for the medical application including radiography and fluoroscopy. Such product launches are anticipated to accelerate market growth.
Some of the eminent market participants operating in the X-ray detectors industry include:
Click here to Buy Section of this Report
By Detector Type, 2018-2032 (USD Million & Units)
By Application, 2018-2032 (USD Million)
By End-use, 2018-2032 (USD Million)
The above information is provided for the following regions and countries: