Flat Panel Detector -Based X-Ray Market Share

On the basis of geographical analysis, the global X-Ray Flat Panel Detector market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Europe industry is poised to account for largest revenue share by 2037, backed by elevated health awareness amongst the people. Moreover, the disposable income of majority of the population is high in developed countries, such as, United Kingdom, Germany, France, Hungary, Netherlands, and others. This is also anticipated to boost the regional market growth.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the high healthcare expenditure per capita, easy availability of efficient treatment facilities, and advancements in healthcare sector. According to the data by the World Bank, the total health expenditure per capita of North America amounted to USD 10,050.516, in 2018. Moreover, the higher adoption of technology in the healthcare sector in the region is expected to fuel the market growth.