Industry Background:
Flat panel detector, a solid-state X-ray digital radiography devices which is composed of sheet of glass covered with amorphous silicon. It is used in projectional radiography and as an alternative to X-ray image intensifier in fluoroscopy equipment and works on as indirect conversion of X-rays to light and direct conversion of X-rays into charge. Surging number of geriatric population patients and increasing healthcare expenditure in emerging nations are boosting the very market over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Varian Medical System (United States), Varex Imaging Corporation (United States), Perkin-Elmer (United States), Trixell S.A.S. (France), Vieworks (South Korea), Canon (Japan), Toshiba (Japan), Konica Minolta (Japan), Hamamatsu (Japan), iRay Technology (China) and Jiangsu CareRay Medical Systems (China) |
According to AMA, the market for Flat Panel Detector is expected to register a CAGR of 6.6% during the forecast period to 2030. This growth is primarily driven by Growing Public and Private Investments in Digital Imaging Technologies, Declining Prices and Benefits Offered By Digital Detectors and Increasing Geriatric Population and Surging Prevalence of Bone and Joint Disorders.
Globally, a noticeable market trend is evident Increasing Demand of Superior Image Quality, High Sensitivity and Low Noise Devices
Major Players, such as Varian Medical System (United States), Varex Imaging Corporation (United States), Perkin-Elmer (United States), Trixell S.A.S. (France), Vieworks (South Korea), Canon (Japan), Toshiba (Japan), Konica Minolta (Japan), Hamamatsu (Japan), iRay Technology (China) and Jiangsu CareRay Medical Systems (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2019, Varex Imaging Corporation announced, it has entered into an agreement to acquire at least 90% of the outstanding shares of common stock of Direct Conversion AB. Stockholm-based Direct Conversion, also known by its Ajat and XCounter brands, is a leading manufacturer and marketer of linear array digital detectors utilizing direct conversion and photon counting technology
In October 2023, Konica Minolta Healthcare Americas Inc. has introduced new digital radiography solutions designed to improve the clinical value of X-ray.The company's KDR Flex Overhead X-ray System is equipped with Dynamic Digital Radiography Konica Minolta previously announced DDR on the Chiropractic Straight Arm and the mKDR Xpress Mobile X-ray System, which received U.S
Influencing Trend:
Increasing Demand of Superior Image Quality, High Sensitivity and Low Noise Devices and Surging Healthcare Expenditure and Rising Government Funding and Support in Both Developed and Developing Economies
Market Growth Drivers:
Growing Public and Private Investments in Digital Imaging Technologies, Declining Prices and Benefits Offered By Digital Detectors and Increasing Geriatric Population and Surging Prevalence of Bone and Joint Disorders
Challenges:
Lack of Reimbursement and Stringent Regulations
Restraints:
High Cost of Digital Flat Panel Detectors
Opportunities:
Introduction of Wireless Flat Panel Detectors, Growing Medical Tourism in Developing Countries and Emerging Markets Offers Numerous Growth Opportunities
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Flat Panel Detector Market
- Analysis about New Entrants in Flat Panel Detector Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Flat Panel Detector Study Sheds Light on
The Flat Panel Detector Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Flat Panel Detector industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Flat Panel Detector industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.