X-Ray Detectors Market by Technology (Flat Panel, CCD, CR Detector), Application (Medical, Orthopedic, Industrial, Veterinary, Security), FPD (Type (Gadox, CSL, Direct), Portability (Fix, Portable), Platform (Digital, Retrofit)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

The global X-Ray Detectors market size was estimated at USD 2.61 billion in 2021 and is expected to surpass around USD 4.10 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 5.30% during the forecast period 2022 to 2030.

X-ray Detectors Market: Overview

• Technological advancements, rise in patient burden suffering from chronic diseases, increase in demand for diagnostic imaging, and popularity of X-ray imaging modality as a standard technique are anticipated to boost the growth of the global X-ray detectors market during the forecast period.
• X-ray detector is a primary component of an X-ray system. The device is used to measure the spatial distribution, spectrum, flux, and other properties of X-ray. X-ray detectors are used in X-ray imaging modalities, which have wider applications in digital radiography, image-guided radiation therapy fluoroscopy, digital tomosynthesis, cone beam computed tomography, and also cater to industrial, security, and other non-medical applications.
• Increase in incidence of disorders such as cardiovascular, respiratory (e.g. TB, pneumonia), oral (e.g. dental, oral cancer), gastrointestinal, and genitourinary disorders boost the adoption of advanced X-ray diagnostic devices across the globe. Moreover, growing medical tourism in the emerging markets and focus on investments in the development of digital detectors are likely to propel the global market in the next few years. These factors are likely to fuel the growth of the global X-ray detectors market in the next few years.

Report Scope of the X-Ray Detectors Market

COVID-19 Impact on the global X-Ray detectors market

The COVID-19 pandemic had both positive and negative impacts on the X-ray detectors market. It negatively affected the demand in security, dental, & industrial applications but boosted sales for basic medical/ clinical applications.

Radiology played an important role in the diagnosis and treatment of COVID-19. The COVID-19 pandemic significantly affected hospitals, clinics, and outpatient imaging centers, as they encountered declines in surgeries and other non-emergency procedures. In some cases, healthcare facilities were closed, and non-emergency procedures were deferred. As a result, many hospitals, clinics, and outpatient imaging centers reduced their capital purchases of imaging equipment from OEMs, which led to lower demand for X-ray imaging components in the first few months of FY 2020. In June 2020, the WHO released a practice guide for utilizing chest radiography and computed tomography (CT) as one element of the diagnostic workup for patient evaluation. This increased the adoption and installation of CT and X-ray systems and related components, including X-ray detectors. Thus, the favorable regulatory scenario, coupled with the escalation of COVID-19 cases globally, has created a peak in demand for basic CT and X-ray products. This also contributed to the increased demand for X-ray detectors.

X-Ray Detectors Market Dynamics

Driver: Investments To Advance Healthcare Facilities & Digital Imaging Technologies

Ever-increasing pressures to cut public expenditure have compelled healthcare systems across the globe to rationalize their internal spending. The high cost of X-ray detectors systems, however, is a major challenge for hospitals. In this scenario, the effective use of advanced equipment such as X-ray detectors systems can benefit healthcare providers, as these systems can screen a larger number of patients at lower costs. As a result, an increasing number of government organizations and venture capitalists worldwide are focusing on investing in X-ray detectors equipment in their respective healthcare systems. Growing support, funds, and investments will greatly drive access to and the adoption of these technologies, which is expected to support market growth.

Restraint: Health hazards of full-body scanning

Full-body scanners ensure safety at airports by generating a computerized stripped image of the passengers boarding flights. This guarantees that none of the passengers are carrying any dangerous material. However, exposure to high levels of X-rays can increase the risk of cancer and cardiovascular diseases, lead to the cloudiness of the eye’s lens, and aggravate hereditary issues. European countries have banned X-ray scanners at airports. The impact of this challenge is high, and an alternate solution must be developed to maintain security at airports.

Opportunity: Rising healthcare expenditure across developing countries

The rapid economic development and increasing healthcare expenditure in several emerging countries, such as China, India, Brazil, and Mexico, are expected to improve access to quality healthcare in these countries. This is considered a positive indicator for the X-ray detectors market. The rising incidence of breast cancer and cardiovascular diseases in these countries is driving demand for various X-ray detector devices and techniques. Moreover, governments across these countries are focused on providing modern & advanced healthcare services to larger proportions of their population and improving reimbursement coverage. Rapid growth in the per-capita healthcare expenditure and the growing public demand for affordable healthcare services are driving the growth of healthcare products (including X-ray devices) across these countries. This is evidenced by the overall increase in healthcare expenditure. For example, the healthcare expenditure of India increased from 1.2% to 2.5% of the total GDP from 2019 to 2020. In China, healthcare expenditure rose from 12.6% to reach ~USD 930 billion, as the government has raised spending in the healthcare sector amid the COVID-19 pandemic (Source: Healthcare Asia).

Challenge: Increasing adoption of refurbished x-ray units

Many hospitals in developing countries cannot invest in X-ray detectors equipment (such as X-ray detectors units, high-end CT scanners) due to budget constraints, high equipment costs, and poor reimbursement rates. However, due to the strong demand for X-ray detectors procedures globally, hospitals that cannot afford to invest in new imaging systems opt for refurbished ones. This is because refurbished systems are priced lower than new systems (40–60% of the price of new equipment). Many independent suppliers provide high-end refurbished and reused systems at a significantly lower price.

FPDs segment to account for the largest share of the X-Ray detectors market in 2021

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. The FPDs segment is expected to account for the largest share of the market in 2021. The benefits of FPDs, such as easier positioning during clinical studies, lack of geometric distortion and chemical processing, uniform response across the field of view, and sensitivity to temperature variations with better patient access, are expected to drive the growth of the FPDS market in the coming years. The declining prices of FPDS and the growing adoption of retrofit FPDS are other major factors supporting the growth of the FPDS market.

Medical applications to register the highest growth in the X-Ray detectors market during the forecast period

Based on the application, the X-ray detectors market is segmented into medical applications, dental applications, security applications, veterinary applications, and industrial applications. The medical applications segment is expected to grow at the highest CAGR during the forecast period. Factors such as the growing geriatric population; increasing number of orthopedic, mammography, and cardiovascular procedures; and technological advancements in X-ray devices are driving the growth of the market for medical applications.

In terms of FPDs type, Cesium Iodide (CsI) FPDs to hold major share of the X-Ray detectors market during the forecast period

In terms of type, the market for FPDS is segmented into direct FPDs, cesium iodide FPDs, and gadolinium oxysulfide FPDs. In 2020, cesium iodide (CsI) FPDS held the major share of the market. These CsI FPDS find major applications in general radiography, fluoroscopic imaging, CT scanning, dental imaging, veterinary imaging, industrial inspection, and security screening. The major share of the segment is attributed to the wide usage of these FPDS in applications that require high voltage, greater stability, and durability.

Based on the panel type, the large-area FPDs segment to register significant growth in the X-Ray detectors market during the forecast period

Based on the panel type, the FPDS market is segmented into large-area and small-area FPDs. The size of the detector is an important factor in conducting a radiography procedure. An ideal detector should offer a large imaging area and have minimal volume and weight for these procedures. Large-area FPDS are primarily used in general radiography applications (the largest application area for X-ray detectors). In these applications, large-area FPDS are used to image the whole area exposed to radiation and acquire better-quality images.

Some of the prominent players in the X-Ray Detectors Market include:

Varex Imaging Corporation (US), Thales Group (France), Canon (Japan), Agfa-Gevaert Group (Belgium), FUJIFILM Corporation (Japan), Hamamatsu Photonics K.K. (Japan), Analogic Corporation (US), Carestream Health (US), Detection Technology Plc. (Finland), Konica Minolta, Inc. (Japan), MOXTEK, Inc. (US), Teledyne Digital Imaging Inc. (Canada), JPI Healthcare. Co. Ltd. (South Korea), iRay Technology (China), and Vieworks Co., Ltd. (South Korea).

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global X-Ray Detectors market

Global X-ray detectors market, by Technology

• Flat-Panel Detectors (FPDs)
• Computed Radiography Detectors
• Line-Scan Detectors
• Charge-Coupled Device Detectors

Global X-ray detectors market, by Application

• Medical Applications
• Static Imaging
• Mammography
• Orthopedics
• Chest Imaging
• Oncology
• Other Static Imaging Applications
• Dynamic Imaging
• Fluoroscopy
• Surgical Imaging
• Cardiovascular Imaging
• Spinal Imaging
• Dental Applications
• Security Applications
• Veterinary Applications
• Industrial Applications

Global Flat panel detectors market, by Type

• Direct FPDs
• Cesium Iodide Fpds
• Gadolinium Oxysulfide Fpds

Global Flat panel detectors market, by Portability

• Portable FPDs
• Fixed FPDs

Global Flat panel detectors market, by Platform

• Digital FPDs
• Retrofit FPDs

Global Flat panel detectors market, by Panel Type

• Large-area FPDs
• Small-area FPDs

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global X-Ray Detectors industry analysis from 2022 to 2030 to identify the prevailing X-Ray Detectors industry opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the global X-Ray Detectors industry segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global X-Ray Detectors industry trends, key players, market segments, application areas, and market growth strategies.