Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of X-ray flat panel detector is assessed at USD 3.51 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.
X-Ray Flat Panel Detector Sector: Growth Drivers and Challenges
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
X-Ray Flat Panel Detector Segmentation
The market is divided by type into direct, and indirect, out of which, the direct segment is anticipated to hold the notable share in the global X-Ray Flat Panel Detector market over the forecast period as direct FDP converts x-ray photons directly into electric charge. This provides high spatial resolution, and small pixel sizes, which is desirable to identify micro calcifications. Such factors are estimated to boost the segment growth.
Our in-depth analysis of the global x-ray flat panel detector market includes the following segments:
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Customize this ReportX-Ray Flat Panel Detector Industry - Regional Synopsis
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.
Companies Dominating the X-Ray Flat Panel Detector Landscape
- Danaher Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- 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
- Siemens AG
In the News
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September, 2021: Carestream Health, Inc. to provide diagnostic imaging systems to Health First’s Holmes Regional Medical Center in Melbourne.
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August, 2021: J. MORITA Corp. announced the agreement to acquire SK Medical Electronics Co., Ltd., the global manufacturer of dental laboratory, medical, scientific and industrial equipment.
Author Credits: Radhika Pawar
- Report ID: 3807
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
