Flat Panel Detector -Based X-Ray Market Size

X-Ray Flat Panel Detector Market size was over USD 3.15 billion in 2023 and is poised to cross USD 6.8 billion by 2036, witnessing more than 6.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of X-ray flat panel detector is evaluated at USD 3.3 billion. The growth of the market can be attributed to the advantages of FDP over image intensifiers, including high contrast resolution, and additional greyscale. FDP based X-ray is a screening device that provides large field of view (FOV), and permits real-time observation, which is estimated to boost the market growth. Moreover, these advantages of FDP-based X-ray make it a highly preferred diagnosis method for lungs, heart, and other sensitive organs. In addition to this, the increasing prevalence of chronic diseases, including, cardiovascular, respiratory, kidney, and digestive issues, are foreseen to provide major growth opportunities to the market. According to the data by the World Health Organization (WHO), chronic obstructive pulmonary disease (COPD) caused 3.23 million deaths, while asthma caused 461,000 deaths in 2019. Moreover, 17.9 million deaths were caused by CVDs in the same year. Furthermore, the adoption of advanced technology in the healthcare sector is projected to encourage the market growth in the upcoming years. Several other factors, such as, growing global geriatric population, higher health awareness, and demand for efficient diagnosis, are anticipated to fuel the market growth.