Resources
About Us
Asia-Pacific X-ray Detectors Market by Product Type (FPD, CSI, GADOX, CR, CCD), FOV (Large, Medium, Small), Portability (Portable, Fix), System (New, Retrofit), and Application [Medical (Mammogram, Spine), Dental, Industrial, Veterinary] - Forecast to 2030
Report ID: MRHC - 1041009 Pages: 200 Oct-2023 Formats*: PDF Category: Healthcare Delivery: 24 to 72 Hours Download Free Sample ReportThe Asia-Pacific X-ray Detectors Market is projected to reach $1.27 billion by 2030, at a CAGR of 7.4% from 2024 to 2030. X-ray detectors are devices or systems used to capture and record X-ray images for medical, industrial, scientific, or security purposes. They are essential tools for visualizing the internal structures of objects and organisms through the use of X-ray radiation. X-ray detectors are used in a variety of applications, and there are different types of detectors designed to suit specific needs.
The growth of this market is primarily driven by factors such as the increasing geriatric population, a rising incidence of chronic diseases and respiratory infections, the growing demand for X-ray imaging in industrial and security sectors, the rising adoption of digital X-ray detectors, and the increasing use of X-ray detectors for early diagnosis and clinical applications. However, the market’s growth is restrained by health hazards associated with radiation. Additionally, ongoing innovations in X-ray imaging systems, addressing unmet needs, present significant market growth opportunities.
Click here to: Get Free Sample Pages of this Report
The aging population is on the rise due to improved healthcare, urbanization, and rising income levels, resulting in increased life expectancy. According to the UN World Population Prospects 2022, Eastern and South-Eastern Asia is projected to see the proportion of people aged 65 or over double from 12.7% in 2022 to 25.7% in 2050. Similarly, the proportion of people aged 65 or over in Central and Southern Asia is expected to reach 13.4% in 2050, up from 6.4% in 2022. This rapid growth in the geriatric population is expected to result in an increased prevalence of age-related chronic diseases.
The demographic shift is leading to the increased prevalence of various chronic diseases. According to GLOBOCAN, the number of new cancer cases for the age group of 60+ years is estimated to reach 684,695 cases in 2040 from 386,691 cases in 2020. This is expected to increase the demand for mammography and thereby support the growth of the X-ray detectors market.
Advances in Semiconductors a Prominent Trend in the Asia-Pacific X-ray Detector Market
There have been numerous advancements in semiconductors used in X-ray detectors. At present, the use of hybrid semiconductor detectors is gaining traction due to their growing requirement in high-energy, large-area X-ray imaging applications. New-generation hybrid methylammonium lead iodide (MAPbI3) perovskite-based semiconductor detectors demonstrate low dark current under electric fields needed for high-sensitivity X-ray imaging applications.
Furthermore, fabricating X-ray detectors using organic-inorganic hybrid semiconductors, like bismuth oxide-sensitized organic semiconductors, provides broadband sensitivities, ultra-low dark currents, and low-voltage functionality.
In addition, solid-state radiation detectors using crystalline semiconductors to convert radiation photons to electrical charges are highly detective and sensitive. A thin-film X-ray detector comprised of highly crystalline two-dimensional Ruddlesden-Popper phase layered perovskites fabricated in a fully depleted p-i-n architecture shows similar results. A high-quality layered perovskite thin film allows a low dark current to enable high sensitivity with improved detection limits.
In 2024, the Flat Panel Detectors (FPD) Segment is Expected to Dominate the Asia-Pacific X-ray Detectors Market
Among the product types covered in the report, in 2024, the Flat Panel Detectors (FPD) segment is expected to account for the largest share of the Asia-Pacific X-ray Detectors market. The large market share of this segment is attributed to the benefits offered by flat panel detectors, such as superior spatial resolution, user-friendliness, and portability, and their extensive use in various domains, including mammography, dental, orthopedic & surgical radiology, analytical radiology, and scientific radiology.
In 2024, the Medical Applications Segment is Expected to Dominate the Asia-Pacific X-ray Detectors Market
Among the applications included in the report, in 2024, the medical applications segment is expected to account for the largest share of the Asia-Pacific X-ray Detectors market. The large market share of this segment is attributed to the widespread use of X-ray detectors in the healthcare industry due to their cost-effectiveness and advanced imaging capabilities for diagnosing and treating fractures, anomalies, and medical conditions affecting internal body structures. Additionally, the global increase in COVID-19 cases, which reached 696,191,777 cases on September 30, 2024, from 623,700,266 cases on the same day in 2022 (source: Worldometer), led to the increased demand for X-ray detectors, particularly for diagnosing respiratory disorders.
China: Fastest-growing Country-level Market
Based on geography, China is slated to record the highest growth rate during the forecast period. This growth is attributed to several factors, including its large population, government initiatives to expand healthcare services to non-urban areas, increasing adoption of health insurance, and the rising utilization of advanced imaging technologies. According to GLOBOCAN, the number of new breast cancer cases in China is estimated to reach 467,630 in 2030 from 416,371 in 2020. The rise in cancer cases is expected to drive demand for mammography, positively impacting the X-ray detectors market.
Key Players
The key players profiled in this market study are Varex Imaging Corporation (U.S.), Canon Inc. (Japan), Agfa-Gevaert N.V. (Belgium), Teledyne Technologies Incorporated (U.S.), Carestream Health, Inc. (U.S.), Konica Minolta, Inc. (Japan), Vieworks Co., Ltd (Republic of Korea), Hamamatsu Photonics K.K. (Japan), Analogic Corporation (U.S.), iRay Technology (China), CareRay Medical Systems Co. (China), and FUJIFILM Holdings Corporation (Japan).
Scope of the Report:
Asia-Pacific X-ray Detectors Market Assessment, by Product Type
Asia-Pacific X-ray Detectors Market Assessment, by Application
Asia-Pacific X-ray Detectors Market Assessment, by Geography
Key questions answered in the report:
Asia-Pacific X-ray Detectors market study covers the market sizes & forecasts for the types of X-ray detectors used for various applications, including medical, dental, security, and industrial. The report includes the value analysis of various segments of the Asia-Pacific X-ray Detectors at the country level.
The Asia-Pacific X-ray Detectors market is projected to reach $1.27 billion by 2030, at a CAGR of 7.4% during the forecast period.
Based on product type, the Flat Panel Detectors (FPDS) segment is expected to register the highest CAGR during the forecast period. The rising adoption of X-ray technology in healthcare settings has resulted in the development of advanced FDPS for better results.
Based on application, the security applications segment is expected to grow with the highest CAGR.X-ray detectors are widely employed for security purposes, including air cargo screening, baggage screening, mail & parcel screening, vehicle screening, port & border protection, and personnel screening (body scanning). The increasing volume of passengers is expected to drive the demand for security X-ray screening systems.
The growth of this market is primarily driven by factors such as the increasing geriatric population, a rising incidence of chronic diseases and respiratory infections, the growing demand for X-ray imaging in industrial and security sectors, the rising adoption of digital X-ray detectors, and the increasing use of X-ray detectors for early diagnosis and clinical applications. Additionally, ongoing innovations in X-ray imaging systems, addressing unmet needs, present significant market growth opportunities.
The key players operating in the Asia-Pacific X-ray Detectors market are Varex Imaging Corporation (U.S.), Canon Inc. (Japan), Agfa-Gevaert N.V. (Belgium), Teledyne Technologies Incorporated (U.S.), Carestream Health, Inc. (U.S.), Konica Minolta, Inc. (Japan), Vieworks Co., Ltd (Republic of Korea), Hamamatsu Photonics K.K. (Japan), Analogic Corporation (U.S.), iRay Technology (China), CareRay Medical Systems Co. (China), and FUJIFILM Holdings Corporation (Japan).
China is projected to offer significant growth opportunities for vendors operating in this market due to the growing healthcare organizations, coupled with the increasing launches of advanced X-ray detectors.
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates