Additionally, the X-Ray Flat Panel Detectors Market in North America was worth US$ 633.5 Mn in 2018. Among products available, retrofit x-ray flat panel detector is gaining massive popularity and is forecast to witness increasing demand through the forecast period. The demand witnessed is attributable to retrofit x-ray panel’s cheap cost. from the demand for retrofit x-ray panels is significantly high in Asian countries such as India, Korea, and China.
North America emerged dominant in the global x-ray flat panel detectors market in 2018. Fortune Business Insights published a report, titled “X-Ray Flat Panel Detectors Market Size, Share and Global Trend by Product Type (Amorphous, Silicon, Amorphous Selenium, Complementary Metal Oxide Semiconductor), Imaging type (Static, Dynamic), Type (Retrofit, New), Application (General Radiography, Dentistry, Oncology, Orthopedic) Geography Forecast till 2026.” According to the report, the global x-ray flat panel detectors market was worth US$ 1,759.3 Mn in 2018. The global market is anticipated to expand at a CAGR of 5.2% and value US$ 2805.2 Mn by 2025.
Some of the other companies operating in the Global X-Ray Flat Panel Detectors Market are;
- KA Imaging Inc.
- Imaging Dynamics Company
- Detection Technology Plc.
- Hamamatsu Photonics K.K.
- Teledyne Digital Imaging Inc.
Rapid technological advancements in x-ray systems as a result of the advent of novel features are likely to generate high demand in the global x-ray flat panel detectors market. Besides this, medical research aid offered by governments is expected to increase the number of research projects and clinical trials. This further would enable growth in the global x-ray flat panel detectors market.
Effective dynamic range, minimal radiation exposure, enhanced medical evaluation, and superior quality image are several factors facilitating the adoption x-ray flat panel detector.
TOC Followed by:
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4.1 PESTEL Analysis4.2 Pricing Analysis, Key Players/ Region, 2018
4.3 Technological Advancements
4.4 Overview: Adoption of the Retrofit Flat Panel Detectors, 2018
4.5 Mergers and Acquisitions
Vortex, to Dominate Global Market
Vortex Imaging corp., emerged dominant in the global x-ray flat panel detectors market and is projected to retain its lead through the forecast period. Backed by strong distribution channel and diverse product portfolio, the organization will continue holding a stronghold in the global market.
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