Jan 23 2015
Research and Markets has announced the addition of the "X-Ray Detectors Market by Detector Type, Applications & by FPD Panel Size - Global Forecast to 2019" report to their offering.
The X-ray detectors market is a growing field that has witnessed a number of technological advancements since its inception, such as a shift from film to filmless imaging. Hospitals and medical imaging centers are converting their analog X-ray systems to digital systems. This market is driven by several factors including declining prices of FPDs, changing trend towards retrofitting the x-ray system (conversion of existing X-ray systems into digital X-ray systems), government and venture capital funding, growing awareness regarding digital radiography systems, and increasing aging population.
However, factors such as stringent regulatory approval processes and imposition of excise tax by the U.S. government on medical devices are likely to hinder market growth. The market in Asia is likely to provide array of opportunities owing to the growing demand for digital imaging systems, increasing disposable income (leading to early diagnosis using advanced medical tools), and increased focus of key players in the Asian region.
The X-ray detectors market size, in terms of value, is expected to reach $2,552.7 million by 2019 from $2,009.7 million in 2014, growing at a CAGR of 4.9% from 2014 to 2019. The market is segmented on the basis of detector type, panel size (for medical FPDs), application, and region.
On the basis of detector type, the global X-ray detectors market is segmented into flat-panel detectors (FPDs), computed radiography (CR), line-scan detectors, and CCD detectors. Based on type of X-ray conversion mechanism, the flat-panel detectors market is further segmented into direct capture and indirect capture FPDs. Furthermore, on the basis of type of scintillation material used, the indirect capture FPDs market segment is classified into Gadolinium Oxysulfide FPDs and Cesium Iodide FPDs.
On the basis of applications, the global market is segmented into medical, dental, security, industrial, and veterinary applications. The X-ray detectors market for medical applications is further segmented into static and dynamic imaging. The market for static imaging is further categorized into general radiography and mammography. The market for dynamic imaging is categorized into surgical imaging, general fluoroscopy, and cardiovascular imaging.