Global Digital Radiography Detectors Market, by Product Type (Indirect Flat-Panel Detectors, Direct Flat-Panel Detectors, and Computed Radiography (CR) Detectors), by Panel Size (Large Area Detectors and Small Area Detectors), by Modality (Portable Detectors and Fixed Detectors), by Module Type (Digital X-ray Systems and Retrofit X-ray Systems) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global digital radiography detectors market in 2020 is estimated for more than US$ 5,410.2 Mn and expected to reach a value of US$ 7,606.5 Mn by 2028 with a significant CAGR of 4.4%.
As per the report, the global digital radiography detectors market is expected to witness steady growth, owing to the shifting focus on the introduction of the latest technology, especially for C-arms and fluoroscopy devices, reducing the price of digital imaging technologies coupled with the efforts of the regional government to ensure cost-effective testing growing investments, upsurge in chronic diseases, increasing disposable income and growing awareness about the benefits of digital imaging systems are also expected to fuels the market growth.
Besides, the adoption of this advanced technology in developing regions like China, Japan, and India, favorable reimbursement cuts for analog X-rays, adoption of wireless X-ray detectors, and the increasing investment for the easy implementation of this technology further aids in fueling the market growth. however, the expensive cost of such digital radiography devices and tests is the major factor that is expected to restrict the growth of the digital radiography detectors market.
Furthermore, Meridian Market Consultants (MMC) Study identifies that factors like the growing medical tourism in emerging nations, growing need for minimally invasive diagnostic tests, and implementation of advanced technology, such as portability are expected to boost the market growth during the upcoming years.
Furthermore, the growing usage of a-Si detectors in dental CBCT and in orthopedic imaging coupled with the building up of strong infrastructure for better healthcare facilities across the globe also aids in propelling the market growth of digital radiography detectors market.
MMC Study identifies some of the key participating players in digital radiography detectors market globally are Agfa-Gevaert N.V., Analogic Corporation, Canon Inc., DRTECH Corporation, FUJIFILM Holdings Corporation, Hamamatsu Photonics k.k., KONICA MINOLTA, INC., Onex Corporation (Carestream Health), Rayence Co., Ltd., Teledyne Technologies Incorporated, Thales Group, and Varex Imaging Corporation.
About Meridian Market Consultants:
Meridian Market Consultants (MMC) is committed to provide deep insights that serve as a creative tool for the client that enables it to perform confidently in the market. At MMC we adhere to the client's needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with a strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.