Digital Radiography Detectors Market to reach a valuation of US$ 2,713.7 Mn by 2026

Digital Radiography Detectors Market Calculate to Reach
US$ 2,713.7 Mn by 2026
August 2018
Report Id : REP-GB-7238
Status : Published
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Digital Radiography Detectors Market
The global demand for digital radiography detectors is expected to grow at a robust pace over the eightyear forecast period, 2018-2026. As projected in a recently released market intelligence, Future Market
Insights expects the global digital radiography detectors market to reach a valuation of US$ 2,713.7 Mn
by 2026, exhibiting a promising 6.1% CAGR during 2018-2026.
Increase in number of radiography tests performed globally each year coupled with introduction of new
and advanced imaging equipment by key market players will remain predominant factors pushing the
demand for digital radiography detectors – with significant adoption of direct flat panel detectors.
Moreover, considering distinct benefits over computed radiography (CR), charged couple detectors (CCD),
and analog detectors (film based), digital radiography detectors are expected to witness high traction in
the coming years.
New products that can be used to upgrade the current analog and CR detector systems to digital
radiography systems—especially catering to small hospitals and imaging centers, is likely to accelerate the
growth of digital radiography detectors market in the next eight years.
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North America and Europe are likely to remain the dominant regions in the digital radiography detectors
markets, attributed to growing demand for X-ray Detectors and strong geographical presence of major
manufacturers, respectively. Moreover, manufacturers of digital radiography detectors are increasingly
focusing on launching products in emerging countries considering an unmet demand for digital
radiography
detectors and significant dependence on analog (film based) detectors.
©2015 Future Market Insights, All Rights Reserved
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Digital Radiography Detectors Market
The global market for digital radiography detectors is highly consolidated, with top players including Varex
Imaging Corporation and Trixell holding close to 47% of the total market share. FMI expects key market players
to focus on strategic acquisitions and collaboration and emphasis on cost effective product development, in
addition to augmenting investments in product innovations and NPD.
A large number of players in the market are also investing in R&D and introduction of new products based on
proprietary technologies, with focus on product differentiation. Moreover, shifting preference toward direct
digital radiography (DDR) and a-Si detectors would present new market opportunities for emerging players
working on innovative product offerings. Furthermore, imaging equipment manufacturers have an opportunity
to improve their revenue stream by providing cloud storage services for medical imaging and information
management, without scrapping of existing Picture Archiving and Communication (PACS).
Browse the full "Digital Radiography Detectors Market: Global Industry Analysis 2013 - 2017 and Opportunity
Assessment 2018 - 2026" market research report at https://www.futuremarketinsights.com/reports/digitalradiography-detectors-market
Promising benefits of using indirect conversion technique of the digital radiography (DR) technology which
involves use of amorphous silicon (a-Si) photodiodes and cesium iodide (CsI) scintillators for X-ray detection is
projected to drive the adoption of digital radiography detectors. The benefits of Si X-ray detectors, mostly used
in dental CBCT and orthopedic imaging includes lower patient radiation dose, reduced exam time, lower noise,
and increased efficiency. More advanced applications in Mammography imaging and breast CT have pushed key
players to expand their product offerings, with designs and technologies specific to aforementioned imaging.
©2015 Future Market Insights, All Rights Reserved
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Digital Radiography Detectors Market
However, high cost of C-arms compared to traditional X-Ray systems could inhibit the adoption of
Fluoroscopy Imaging Systems, especially in low and middle income countries with lower rate of
healthcare expenditure. Additionally, new technologies with improved benefits such as improved spatial
image resolutions, better image quality owing to lower pixel imaging, and increased cost-benefit ratios
are projected to restrict the growth of digital radiography detectors market.
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In terms of revenue, the global digital radiography detectors market is projected to expand at a CAGR of 6.1% during the forecast period and is expected to be valued at US$ 2,713.7 million by the end of 2026.