Growing Public and Private Investments in Digital Imaging Technologies Positively Affecting On X-Ray Detectors Market

The x-ray detectors market is expected to reach USD 3.31 Billion by 2022 from USD 2.53 Billion in 2017, at a CAGR of 5.6%. The growth of the market is attributed to the growing public and private investments in digital imaging technologies, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog X-rays.

This report segments the X-ray detectors market into type, applications, and region.

Based on type, the x-ray detectors market is segmented into flat-panel detectors (FPDs), computed radiography (CR) detectors, charge-coupled device (CCD) detectors, and line-scan detectors. In 2017, the flat-panel detectors segment is expected to account for the largest share of the x-ray detectors market. By applications, the X-ray detectors market is segmented into medical, dental, security, veterinary, and industrial applications. The medical applications segment is expected to grow at the highest rate during the forecast period.

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North America is expected to dominate the market. The large share of this geographical segment is attributed to factors such as technological innovations, increasing healthcare spending, availability of venture capital and government funding, and increasing incidence of chronic diseases.

The x-ray detectors market is highly competitive with the presence of several small and big players. Some of the players in the x-ray detectors market include Varian Medical Systems (U.S.), PerkinElmer, Inc. (U.S.), Thales Group (France), Canon, Inc. (Japan), Konica Minolta, Inc. (Japan), Teledyne DALSA Inc. (U.S.), Fujifilm Holdings Corporation (Japan), Agfa-Gevaert Group (Belgium), Carestream Health (U.S.), Vieworks Co., Ltd (South Korea), Analogic Corporation (U.S.), Rayence  (South Korea), YXLON International GmbH (Germany), DRTECH (Korea), and Hamamatsu Photonics K.K. (Japan).

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