Flat Panel Detector -Based X-Ray Market Trends

  • Report ID: 3807
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Flat Panel Detector -Based X-Ray Market Trends

Growth Drivers

  • Growing Demand for Efficient Screening Methods
  • Increasing Prevalence of Chronic Diseases
  • Rising Adoption of Advanced Technology in Healthcare Sector

Challenges

  • Higher Cost of FDP Based X-Ray

X-Ray Flat Panel Detector Market: Key Insights

Healthcare Expenditure per Capita

According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.

Base Year

2024

Forecast Year

2025-2037

CAGR

6.1%

Base Year Market Size (2024)

USD 3.34 billion

Forecast Year Market Size (2037)

USD 7.21 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3807
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of X-ray flat panel detector is assessed at USD 3.51 billion.

X-Ray Flat Panel Detector Market size was over USD 3.34 billion in 2024 and is projected to reach USD 7.21 billion by 2037, growing at around 6.1% CAGR during the forecast period i.e., between 2025-2037.

Europe industry is poised to account for largest revenue share by 2037, backed by elevated health awareness amongst the people.

The major players in the market are Terumo Corporation, Carestream Health, Inc., Becton, Dickinson and Company, Genoray Co., Ltd., Johnson & Johnson Services, Inc., Baxter International, Inc., Koninklijke Philips N.V., J. MORITA Corporation, and Siemens AG.
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